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Telefonica Brasil prices share offering for GVT purchase

RIO DE JANEIRO, April 27 - Telefonica Brasil SA said on Monday its board had approved a share offering priced at 47 reais ($16.12) for preferred shares and 38.47 reais for commons shares, as the company raises funds to buy broadband provider GVT.

4:47am IST

UPDATE 2-Microsoft phones infringe patents - U.S. Int'l Trade Commission judge

NEW YORK, April 27 - Microsoft Corp lost a round in a potentially costly patent battle when a U.S. International Trade Commission judge on Monday found that the software giant used InterDigital Inc's technology in its mobile phones without permission.

3:21am IST

UPDATE 1-Google, Facebook join Red Cross to find thousands missing after Nepal quake - TRFN

NEW DELHI/LONDON, April 27 (Thomson Reuters Foundation) - G erman development worker Caroline Siebald and her boyfriend Charles Gertler, an American glaciologist, were on a rafting trip in Nepal when the earthquake struck and initially panicked about how to let their families know they were safe.

1:57am IST

UPDATE 2-ESPN sues Verizon, escalates battle over new pay-TV offering

April 27 - ESPN sued Verizon Communications on Monday for breach of contract involving a new pay-TV offering, as the cable sports network fired the latest volley in a mounting battle with the telecommunications company.

1:52am IST

UPDATE 1-Facebook launches video calling in Messenger app

April 27 - Facebook Inc introduced free video calling in its Messenger phone app on Monday as the company seeks to transform its mobile messaging service into a full-featured platform with the same reach as its 1.4 billion user social network.

1:26am IST
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Maruti Suzuki to sharpen rural focus after Q4 earnings top forecasts

NEW DELHI - Maruti Suzuki India Ltd, the country's top-selling car maker, plans to push deeper into smaller towns and villages to increase sales, its chairman said on Monday, after the company reported a forecast-beating rise in quarterly net profit.