British Telecom dispatched its head of compliance to Milan to give evidence and has filed a criminal complaint with Italian prosecutors over an accounting scandal at its Italian unit, reported Reuters.   Several former Italy executives and other employees are accused of breaking company...

The curtain on homegrown silicon that could define the future of machine learning and artificial intelligence has been being pulled back slowly by Google.   Recently leaving to team up with Chamath Palihapitiya, one of Silicon Valley's most prominent and outspoken young venture investors, on...

In what could be a move that would vault Broadcom Ltd into the lead to buy the prized semiconductor unit of Toshiba Corp, a joint bid is being considered by a Japanese government-backed fund and policy bank with the U.S. chipmaker the prized semiconductor business, claimed a news report in the...

The Caspian Galaxy is a tanker so filthy it can't set sail in international waters and workers in scuba suits scrub crude oil by hand from the hull of the ship in the scorching heat of the Caribbean Sea.   There are many vessels which load crude from Venezuela's state-run oil company, PDVSA...

With Elon Musk sketching out a timeline for the arrival of a semi truck, pickup and sports car, Tesla Inc’s plans to pad its lineup of electric vehicles are taking shape.   The chief executive officer wrote in a series of tweets Thursday that Tesla will show an electric semi truck in...

In what is the latest twist in the sale of the world's second-biggest flash memory chipmaker of Toshiba, Apple Inc is considering teaming up with its supplier Foxconn to bid for Toshiba Corp's semiconductor business, Japanese public broadcaster NHK reported on Friday.   NHK reported, citing...

Since the end of 2014, yet another real-estate construction company has hit the market. But this one is different. Two things make it worthy of attention: the extent which it has re-thought the construction business, and the new options it opens up for the global market.

Very recent stock market filings showed that new investors including Tianjin Jiarui Huixin Corporate Management Company and property developer Sunac China Holdings helped Chinese tech conglomerate LeEco to successfully raise nearly $2.2 billion.   LeEco's Leshi Internet Information said in...

The difficult process of negotiating a sale of its memory chip operations that meets its financial needs while addressing government security concerns is set to be faced by Toshiba after gaining shareholder approval and after the completion of the first round of bidding.   Apparently...

 A recent document shows that an unprecedented public and private offensive against the U.S. company by Prime Minister Narendra Modi's government was the result of India's reaction to an Amazon.com website selling doormats resembling the country's flag.   If the doormats were not...

The way for a sale to raise at least $9 billion to cover U.S. nuclear unit charges that threaten the conglomerate's future was paved for Toshiba Corp as its shareholders agreed to split off its prized NAND flash memory unit on Thursday.   While one of the shareholders at the extraordinary...