Business

Xerox holds firm on HP offer, sets Monday deadline

Xerox said Thursday it was holding firm on its $33 billion takeover offer for computer and printer maker HP, and warned it would take the matter to shareholders directly without a deal by Monday.

Business

Spain court orders Ryanair to cancel cabin bag fee

A Spanish court has ordered Ryanair to refund a customer who was charged for taking a carry-on bag without a special ticket, and told the airline to remove the clause from its terms and conditions.

Internet

Mobile access won't fix the digital divide

Mobile services have had an important and positive impact on developing countries where they are the main means of connecting to the internet. However, mobile services have capacity constraints. They use limited radio frequency ...

Business

Uber shares skid as losses widen

Uber shares skidded Monday after the ride-hailing giant reported widening losses in the just-ended quarter as it boosted investment in new services and features.

Business

Google falls short on third-quarter profit

Google parent company Alphabet reported mixed third-quarter results Monday, beating analyst expectations for revenue but falling short on profits. The stock fell more than 2% in after-hours trading.

Business

SK Hynix posts lowest profit in three years

The world's second-largest memory chip maker, South Korea's SK Hynix, posted its lowest quarterly profit in three years as it suffers from a long-running slump in the global chip market, it said Thursday.

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