Tycoon delays Russia's first hybrid car launch

Russian billionaire Mikhail Prokhorov's auto division announced Monday it was delaying until late 2014 this year's planned launch of the petrol-guzzling country's first hybrid vehicle.

Google chairman to sell $2.5 bn of shares

Google's Chairman Eric Schmidt plans to sell 3.2 million "A" shares, currently worth $2.5 billion, over the next year, Google said Friday in a filing with the Securities and Exchange Commission.

IBM "flatly denies" report of mass layoffs

Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.

Russian magnate buys, then returns Nobel prize

Russia's richest man says he is returning a Nobel prize he bought at auction for $4.7 million just days ago to the man who put it on the block: controversial American geneticist James Watson.

Interview: Japanese tourist says space trip 'amazing'

A Japanese space tourist on Monday rejected criticism from those who questioned his decision to pay a fortune for a trip to the International Space Station, saying the "amazing" experience was worth it.

Spotify says US launch coming 'soon'

Swedish music streaming service Spotify said Friday it will launch shortly in the United States, where it is not currently available because of copyright issues.

Four Canadians indicted on US gambling charges

US authorities seized the gambling website Bodog on Tuesday and announced the indictment of four Canadians on charges of illegal sports betting and money laundering, including founder Calvin Ayre.

page 2 from 4