Internet

For-profit firm seeking to run .org names makes concessions

A private equity firm seeking to buy rights to operate the internet's .org suffix said Friday it will cap price hikes and create an advisory board with veto powers to ease concerns from the nonprofit community.

Business

Alibaba earnings surge 58 pct on 'Single's Day' boost

Chinese e-commerce leader Alibaba said Thursday that net profit increased 58 percent in the latest quarter, citing another record "Single's Day" sales promotion in November and growth in cloud computing.

Business

Billionaire Bezos buys estate for $165 mn: report

Billionaire Amazon chief Jeff Bezos has purchased a Los Angeles-area estate for $165 million, setting a new record for the region, The Wall Street Journal reported on Wednesday.

Business

Australian court approves $10 bn Vodafone-TPG merger

Two of Australia's largest telecommunications firms appear set to merge, after a court ruled on Thursday that the multi-billion-dollar deal between Vodafone and TPG would not pose a major threat to competition.

Business

Apple fined in France over iPhone-slowing software

France's consumer watchdog said Friday that Apple had agreed to pay 25 million euros ($27.4 million) for failing to tell iPhone users that software updates could slow down older devices.

Business

Samsung Electronics says Q4 net profit slumps 38%

The world's biggest smartphone maker, Samsung Electronics, reported a slump in fourth-quarter net profits on Thursday, blaming weakening demand in key products and falling chip prices.

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Consumer

Consumer is a broad label that refers to any individuals or households that use goods and services generated within the economy. The concept of a consumer is used in different contexts, so that the usage and significance of the term may vary.

This text uses material from Wikipedia, licensed under CC BY-SA