Technology News Headlines

Online grocers come up trumps in India's e-commerce boom

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MUMBAI - Put off by snarled city traffic and a shortage of parking, more Indians are shopping for groceries online, helping e-tailers like Bigbasket.com and Localbanya.com turn in profits while supermarkets are struggling.

Tech, Top News, Business 2:44am IST

Wed, Nov 26 2014

Insight - Behind Google's Europe woes, American accents

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BRUSSELS - When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an ageing Europe envious, and fearful, of the wealth and growing power of young U.S. tech giants.

26 Nov 2014

EU watchdogs to apply 'right to be forgotten' rule on Web worldwide

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BRUSSELS - European privacy regulators want Internet search engines such as Google and Microsoft's Bing to scrub results globally, not just in Europe, when people invoke their "right to be forgotten" as ruled by an EU court.

Tech, Top News 26 Nov 2014

Uber CEO must turn over emails in gratuity lawsuit, U.S. judge rules

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OAKLAND, Calif. - Uber Chief Executive Travis Kalanick must disclose some of his emails to plaintiff lawyers in a lawsuit accusing the car service of misleading customers about how it shares gratuities with drivers, a U.S. judge said on Wednesday.

2:07am IST

Samsung Elec shares up sharply on $2 bln share buyback plan

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SEOUL - Shares of South Korean tech giant Samsung Electronics Co Ltd opened sharply higher on Thursday on the news that it will buy back $2 billion of its own stock.

6:20am IST

Samsung Electronics to buy back $2 bln in shares

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SEOUL - South Korea's Samsung Electronics Co Ltd on Wednesday announced a $2 billion share buyback plan, its first since 2007, following investor calls for higher returns against a backdrop of rapidly declining profits.

Tech, Business 26 Nov 2014

Icelandic hacker says guilty of stealing money from Wikileaks

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REYKJAVIK - An Icelandic computer hacker and former associate of Wikileaks founder Julian Assange unexpectedly pleaded guilty on Wednesday to embezzling 30 million Icelandic crowns ($240,000) from the organisation.

Tech, World, Wikileaks 2:14am IST

U.S. court rejects Motorola Mobility price-fixing appeal

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REUTERS - A federal appeals court rejected Motorola Mobility LLC's bid to sue several Asian suppliers under U.S. antitrust law for fixing prices of mobile phone displays sold to its foreign units.

3:19am IST

Goldman leads group investing in S.Korean online food service

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HONG KONG - Goldman Sachs Group Inc.'s private equity arm led a group of investors putting 40 billion won ($36.1 million) in South Korea's largest online and mobile food ordering service, as more consumers take to ordering meals from their phones.

6:18am IST

Ultra-strong graphene's weak spot could be key to fuel cells

LONDON - In a discovery that experts say could revolutionise fuel cell technology, scientists in Britain have found that graphene, the world's thinnest, strongest and most impermeable material, can allow protons to pass through it.

26 Nov 2014