Brussels has given Google an extension until mid-August to answer an anti-trust case alleging that the tech giant abuses its search engine's market dominance, a company spokesman said Monday.
Samsung Electronics Co., the world's largest technology company by revenue, expects record earnings for the fourth quarter of 2012 as shoppers continued to snap up its smartphones and tablets.
US regulators are likely to conclude a lengthy antitrust probe of Google's dominance of Internet searches with a voluntary settlement, news reports said Monday.
After a long investigation, Google has finally reached a settlement with the European Commission about how it presents search results.
Google said Monday its search and advertising operations generated $80 billion for 1.8 million US businesses in 2011.
Mobile phone maker Nokia Corp. on Thursday posted a fourth-quarter net loss of euro1.07 billion ($1.38 billion) as sales slumped 21 percent even as the company's first Windows smartphones hit markets in Europe and Asia.
The US Justice Department announced tough limits Thursday on Verizon's effort to expand its wireless entertainment footprint, amid worries the cellphone and cable giant was building a monopoly.
European Union anti-trust chiefs asked Google Monday to quickly offer "remedies" to satisfy Brussels' concerns the Internet search king has abused its dominant market position -- or else face heavy penalties.
A top EU court rejected Thursday an appeal by US computer chip giant Intel against the bloc's biggest ever single company fine of 1.06 billion euros for abusing its dominant market position.
Coupang, a South Korean online shopping site, has secured a $1 billion investment from Japanese Internet company Softbank Corp.