China's Tencent buys US Riot Games majority stake

Mainland Internet company Tencent Holdings has bought Google-backed Chinese social networking firm Comsenz for more than 60 million dollars, the companies and a media report said.

Chinese Internet firm Tencent plans to offer users links to third-party websites and access to externally developed applications, mirroring some features of Facebook, a report said Monday.

China's Internet censors may have kept most of the nation's 420 million web users from accessing Facebook, but they have not stopped social game developers like Ellison Gao.

Two of China's leading Internet firms have been forced by the government to issue public apologies over a nasty spat marked by accusations of unfair market practices and privacy infringement.

Internet search giant Lycos entered the online gaming war this week with the launch of its Lycos Games service.

(AP) -- Shanda Games Ltd., a Chinese video game company, raised $1 billion Friday in the largest initial public offering of the year.

Microsoft was in talks to boost its position in the mobile phone market by buying the devices business from Nokia but failed to seal a deal, the Wall Street Journal reported Wednesday.

Stratasys, a leading maker of 3-D printers, is buying another 3-D printer manufacturer, MakerBot, for $403 million in stock.

Car buyers increasingly want high-tech features like voice recognition and navigation. But they're not very forgiving of the car company when those systems fail.

Apple on Wednesday added HBO GO and WatchESPN to the line-up of programming available on its Apple TV devices that stream shows from the Internet to living room screens.

United Technologies Corp. says a federal court ordering it to pay $473 million plus interest to compensate for alleged fraud in its sale of fighter jet engines could cut revenue and profit.

Telecommunications equipment manufacturer Alcatel-Lucent launched a major effort Wednesday to boost its fortunes by shedding businesses and jobs as part of a deep cost cutting program.