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White House seeks legal immunity for firms that hand over customer data
May 2nd, 2014
Obama administration asks legislators drafting NSA reforms to protect telecoms firms for complying with court orders, Guardian learns The White House has asked legislators crafting competing reforms of the National Security Agency to provide legal immunity for telecommunications firms ...
Pfizer bids $106.5 Billion for AstraZeneca
May 2nd, 2014
Pfizer Inc. (PFE) sweetened its bid for AstraZeneca Plc (AZN) to about 63.1 billion pounds ($106.5 billion), aiming to bring the U.K.’s second-biggest drugmaker to the negotiating table. The cash-and-stock offer values AstraZeneca at 50 pounds a share in ...
Google Sued Over Claims for manipulating the market
May 2nd, 2014
Google Inc. (GOOG) was sued for allegedly abusing its market power by forcing handheld device makers that use its Android operating system to also provide the search engine company’s applications. Google’s requirements that manufacturers such as Samsung Electronics Co. ...
Alstom to consider $17bn General Electric offer
April 30th, 2014
French engineering company Alstom is considering a $16.9bn (£10bn) offer from US firm General Electric (GE) for its energy business. But the French firm said it would be open to a rival bid from German firm Siemens, which is ...
Code red: Stocks tank on Wall Street
April 11th, 2014
Investors might have used Wednesday’s rally as a chance to rest up so they could get back to what they’ve been doing best lately: selling. The Nasdaq lead the carnage today with a 3.1% loss. It’s fairly uncommon for ...
Asian Stocks Fall Second Day as Health-Care Shares Drop
April 8th, 2014
Asian stocks fell for a second day, following the biggest three-day rout in U.S. shares in more than two months, as health-care to technology companies retreated in Japan. Chinese equities rose. Takeda Pharmaceutical Co. lost 5.2 percent after a ...
European Stocks Decline as Technology Shares Retreat
April 7th, 2014
European stocks declined from a six-year high as technology shares tumbled following a selloff in America. U.S. stock-index futures and Asian shares fell. Technology shares lost 1.2 percent, with Iliad SA losing 5.3 percent and Nokia Oyj sliding 2.4 ...
Asian Stocks Snap 8-Day Winning Streak Led by Industrials
April 7th, 2014
Asian stocks fell for the first time in nine days, snapping the longest winning streak on the regional gauge this year, with telecommunication and technology shares leading declines. Naver Corp. slumped 6.3 percent in Seoul, SoftBank Corp. lost 4.5 ...
Google tries to NSA-proof Gmail
March 21st, 2014
Google just beefed up the security of Gmail to make mass surveillance of its customers’ email nearly impossible. It’s not quite NSA-proof, but it’s close. To accomplish the feat, Google (GOOG, Fortune 500) secured how you connect to its ...
