Exclusive: Vatican dispute sheds light on HP case in troubled Autonomy deal
(Reuters) – The Vatican has become enmeshed in a struggle between Hewlett-Packard Co and Michael Lynch, the former CEO of the UK software company Autonomy Corp bought by HP in 2011 in a deal that led to a big loss for the U.S. technology giant.
GE profit rises 13 percent, expects retail finance IPO end-July
(Reuters) – General Electric Co reported a 13-percent jump in quarterly net income Friday on improved sales of its jet engines and oil and gas equipment, and said it was targeting the initial public offering of its private-label credit-card business fo…
Google seen best placed for growth as it transitions to mobile
(Reuters) – Google Inc is the best placed of any company to benefit from the shift to mobile, increased local advertising and wearables, analysts said after the search giant posted its 18th straight quarter of 20 percent-plus revenue growth.
China’s Alibaba reports media blackmail attempt to police
BEIJING (Reuters) – Alibaba Group Holding Ltd, the Chinese e-commerce titan gearing up for a mammoth U.S. initial public offering, has reported a blackmail attempt by a media organization to police, the company said on its official microblog on Friday….
U.S. consumer sentiment dips in preliminary July reading
NEW YORK (Reuters) – U.S. consumer sentiment dipped in early July while an index of consumer expectations weakened for a third straight month, a survey released on Friday showed.
Smartphone suit against Google plays into rivals’ hands
SAN FRANCISCO (Reuters) – A U.S. consumer lawsuit accusing Google of monopolizing prime real estate on Android smartphones will help mobile rivals like Microsoft make their antitrust case with European regulators should damaging secrets emerge in court…
Apple should do more to tackle in-app purchases problem: EU
BRUSSELS (Reuters) – Apple has provided no concrete and immediate solutions to tackle the problem of adults and children racking up credit card bills by making “in-app” purchases on tablets and mobile phones, the European Commission said on Friday.
Ukraine unrest, Gaza keep pressure on shares, bonds steady
LONDON (Reuters) – World markets remained under pressure on Friday after the downing of a Malaysian airlines jet at the Ukraine-Russia border, new sanctions on Moscow and unrest in Gaza had sent investors scurrying into defensive assets.
Google’s business chief departs for SoftBank in latest leadership change
SAN FRANCISCO (Reuters) – Google Inc’s chief business officer, one of Chief Executive Officer Larry Page’s key lieutenants and the company’s main liaison to Wall Street, is leaving the Internet search company, the latest high-ranking executive to depar…
Russia’s Rosneft says to honor agreements despite sanctions
MOSCOW (Reuters) – Russia’s top oil producer, Rosneft, said on Friday it would continue to work on its existing projects and agreements and honor its obligations despite U.S. sanctions on the company over Moscow’s role in the Ukraine crisis.
