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Wipro profits up 18 pct on strong demand

Wipro reported an 18 percent rise in December quarter profits Friday, beating expectations as global cost-cutting drives global businesses to Indian outsourcing companies.

India launches anti-trust probe into Google

The Competition Commission of India said Monday it had launched an anti-trust probe into Google's online advertising practices, deepening the Internet giant's legal woes in the country.

Groupon distancing itself from rivals: CEO

Groupon chief executive Andrew Mason said Wednesday in his first comments since the online daily deals site went public that he believes the company is distancing itself from its rivals.

Sony, Panasonic eye next generation TV tie up

Japan's cash-bleeding electronics giants Sony and Panasonic are looking to join forces to produce next generation televisions in a bid to claw back market from South Korean rivals, according to a report.

Taiwan's HTC denies Microsoft snub over Windows 8

Taiwan's leading smartphone maker HTC on Thursday denied reports that it would be excluded by Microsoft from adopting the new operating system Windows 8 in its products.

Forecast sees big payoff for Google's mobile ads (Update)

Google will sell more mobile advertising than the rest of its rivals combined for the second straight year, according to a new forecast that highlights the expansion of the Internet search leader's moneymaking prowess from ...

Report: Apple may build less expensive iPhone (Update)

Apple is trying to decide whether it makes sense to offer a cheaper iPhone as it tries to boost sales in less-affluent countries and reclaim some of the market share lost to cheaper phones running Google's Android software, ...

Sprint confirms talks with Softbank (Update)

Sprint Nextel Corp. on Thursday said Japanese cellphone company Softbank Corp. is in talks about making a potential substantial investment in the U.S. company.

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