International News - Page 9

ET game top grosser as old Atari games found in landfill sold off for $37,000

The games were part of a cache of some 800 Atari video games buried more than 30 years ago in a landfill and dug up in April.

India-US resolve food security deadlock: Here's what the fight was about

The 160 members of the World Trade Organization failed on Thursday to reach a deal to standardise customs rules, which would have been the first global trade reform in two decades but was blocked by India's demands for concessions on agricultural stockpiling.<br />

Apple faces US lawsuit over disappearing text messages

Apple will face a U.S. federal lawsuit claiming it failed to tell consumers that its messaging system would block them from receiving text messages if they switched to Android-based smartphones from iPhones.

Former Apple chief bets on telemedicine site MDLive

John Sculley has an undisclosed stake and sits on the board of directors of Florida-based MDLive, a company that provides patients with remote access to a licensed physician.

Cutting out the driver: Car makers increase automation to reduce accidents

While giving a computer full control of a car is some way off, there's a lot it can do in the meantime.<br />

Alibaba may have sold products worth $8 bn in a day, but its traders aren't happy

There is no obligation on merchants to take part in the festival, but if they do, the only discount option is 50 percent or more.<br />

McDonald's recalls Happy Meal toy over whistle's choking risk

The US Consumer Product Safety Commission said Monday that two children have reportedly coughed out pieces of the whistle.

Gone in 60 minutes: Alibaba sells $2 bn worth goods in an hour during sale

Alibaba did $3.1 billion in business in half a day during last year's festival.

Apple gets serious about enterprise; gets new sales force, begins talks with developers

Experts say the company hopes to offset a gradual deceleration in growth by expanding its footprint in the workplace.

Indian-origin teen gets Intel funding for low cost Braille printer

Shubham Banerjee, CEO of the Braille printer maker Braigo Labs, had closed an early round funding with Intel Capital.

Employment over GDP: Why slowing growth isn't worrying Chinese policymakers

As China's economy slows towards its weakest growth in a quarter of a century, policymakers have comforted themselves that unemployment remains low.

Guess what? Study shows survival after lung cancer depends on insurance, income

While the stage of the cancer is a more important influence on patient outcomes, the study's senior author said understanding all of the factors tied to survival can identify groups of people who need more attention for quality improvement.

Germany, Brazil pushing UN to get tough on digital spying

The two countries have drafted a new text that now includes metadata. The draft says unlawful or arbitrary surveillance, interception of communications and collection of personal data, including metadata, are "highly intrusive acts."

Good question to ask if more stimulus is the answer: Raghuram Rajan to ECB

Calling the world economy "fragile, brittle and fragmented", IMF Managing Director Christine Lagarde told a conference of central bankers in Paris it was "perfectly legitimate and appropriate" for the ECB and the BoJ to take unconventional steps to combat low inflation and economic stagnation.

After Virgin Galactic crash, US space industry prepare for more scrutiny

Last week's incidents have raised questions about the commercial space industry.

Xiaomi, Micromax, among Asian players eroding Samsung-Apple's smartphone dominance

Three of the top five vendors there - Micromax, Lava and Karbonn - are Indian companies, achieving promising growth in their home market, but with aspirations and potential, in time, to be disruptive on the global stage.

Oil prices at a 4-year low: Decoding why Saudi Arabia won't mind low prices for some time

Why is Saudi Arabia allowing the price of oil to fall and taking a hit on its income?

Qatar Investment Authority ties up with Citic group to launch $10 bn fund for Asia

QIA is looking for new partners as it plans to invest between $15 billion and $20 billion in Asia in the next five years.

Everything you need to know about the 'feathering system' on Virgin Galactic's spaceship

SpaceShipTwo is designed to take two pilots and six passengers into the vacuum of space on the power of a rocket engine after being launched from a jet-powered mother ship at an altitude of about 50,000 feet.

Hyundai, Kia to pay $350 mn to US govt for claiming cars had better mileage

In November 2012, Hyundai and Kia conceded they overstated fuel economy by at least a mile per gallon on vehicles.

Facebook sets up India Client Council to offer a forum to brands

The Council includes companies like Tata Motors, Flipkart, Airtel, P&G, Madison World, ICICI Bank, HUL, Micromax and Future Group among others.

World Bank to cut 500 jobs over three years

The net result will be a loss of about 250 positions, World Bank President Jim Yong Kim said in a note to staff on Thursday.<br />

Android creator Andy Rubin leaving Google to lead startup incubator

Last year, Google's browser and applications chief Sundar Pichai replaced Rubin as head of the Android division, bringing the firm's mobile software, applications and Chrome browser under one roof.

With Nadella at helm, Microsoft keeps getting leaner: Cuts 3000 more jobs

Microsoft, the world's largest software company, will have about 110,000 employees once the job reductions are completed.

Federal Reserve ends money printing, but the easy money party will continue

The Federal Reserve is unlikely to start sucking out all the money it has printed and pumped into the financial system any time soon.

Federal Reserve says its ending quantitative easing, but did its $4 bn experiment work?

The Federal Reserve announced the end of its economic stimulus known as quantitative easing on Wednesday.

U-turn? Who said there's ban on Xiaomi phones, asks Indian Air Force

IAF on Tuesday clarified that advisory against using phones from this Chinese brand (Xiaomi) was about "four to five months old."

YouTube plans to offer paid, ad-free video service

"There are going to be cases where people are going to say 'I don't want to see the ads or I want to have a different kind of experience'," Susan Wojcicki, a Google senior vice president who heads the YouTube business.

India leads South Asia in ease of `doing business': World Bank report

Three of India's regulatory reforms benefiting local entrepreneurs were in the areas of starting a business, getting electricity, and protecting minority investors, including through the adoption of the new Companies Act of 2013.<br />