Red Sox owner enters $70M deal for Boston Globe

The New York Times Co. says it has agreed to sell The Boston Globe to the principal owner of the Boston Red Sox for $70 million, a massive drop from the record $1.1 billion it paid for it.

Kim Dotcom and New Zealand PM to face off over spy laws

Megaupload founder Kim Dotcom and New Zealand Prime Minister John Key are set to come face to face for the first time Wednesday as lawmakers examine a controversial proposal allowing intelligence agencies to spy on local ...

Sony chief says time needed to study proposal

Sony Corp. needs more time to study a key proposal from a U.S. hedge fund to spin off a part of its entertainment unit as a way to propel its fledgling revival, the chief executive told shareholders Thursday.

India's startups lacking guardian 'angels'

It is seen as a land of entrepreneurs, economic growth and huge business potential, but India appears to be failing its promising startup companies which are struggling to find investors.

Great Firewall 'upgrade' hits China Internet users

Chinese authorities who have long sought to limit access to information have reinforced the so-called Great Firewall of China, Internet firms say, frustrating businesses and raising activist concerns.

Italian court blames benign brain tumor on phone

(AP)—Italy's top court has ruled that a businessman developed a benign brain tumor because he held a cellphone to his ear for hours daily for his job and deserves worker's compensation.

Megaupload offers US deal on N. Zealand extradition

Megaupload boss Kim Dotcom on Wednesday offered to voluntarily leave New Zealand for the United States if prosecutors agree to release funds to bankroll his defence against online piracy charges.

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