Apple fights manipulation claims on e-book prices

Apple Inc. defended itself Tuesday against claims that the computer giant manipulated electronic book prices and stifled competition when it opened an online bookstore three years ago.

China's Alibaba splits online shopping unit Taobao

China's largest e-commerce company Alibaba Group announced Thursday it has split its consumer online shopping platform Taobao into three firms to adapt to an increasingly competitive landscape.

Windows 8 sales hit 40 million

Microsoft said Tuesday it sold 40 million licenses for its Windows 8 operating system in the first month after a launch which got a mixed reception.

Big US banks unveil consumer payment app

Major US banking groups Monday announced they would join forces for a new person-to-person mobile payment application to counter services like PayPal's Venmo and Square Cash.

Next version of Microsoft Office coming in 2010

(AP) -- Microsoft Corp.'s next version of its Office desktop programs will reach consumers next year, though not likely in conjunction with the Windows 7 operating system.

NY Times sees losses, drop in ad revenues

The New York Times Co. on Thursday reported a third-quarter loss, hit by a writedown related to the sale of the Boston Globe and declines in advertising revenues.

Google gives top execs big pay bump

(AP) -- Google Inc. has given its top executives a 30 percent salary bump, bigger than the 10 percent raise it gave its rank-and-file this week.

Cloud firm Box raises $100 mn

Cloud storage startup Box, launched from a college dorm in 2005, has raised $100 million in new capital to help fund a global expansion.

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