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Nokia to pay outgoing CEO Elop $25 million

Nokia Corp. says it will pay outgoing CEO Stephen Elop a compensation package of some $25 million (19 million euros) when he leaves the company to move over to Microsoft.

Japan online retailer Rakuten to launch e-reader

Online retailer Rakuten said Monday it would launch a $100 e-reader into Japan's largely untapped digital book market, as rivals including US online giant Amazon eye the reading-mad nation.

Mobile apps reshape urban taxi landscape

Before the smartphone, riders summoned a taxi by waving an arm or calling a dispatcher—but mobile apps are changing that, helping both drivers and passengers.

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