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Corporate News 10 Sep 2016 | 2:36 PM

"Times are changing, pay your taxes", euro zone chief tells corporations

BRATISLAVA: Multinational companies should refrain from tax-avoidance practices and pay their fair share, the head of euro zone finance ministers said on Saturday in a new endorsement of the European Union's fight against tax-dodging.

Business 25 Jul 2014 | 9:00 AM

US judge says she is troubled by Apple US$450mil e-books deal

NEW YORK: A U.S. judge on Thursday expressed concern over a proposed US$450 million settlement of claims Apple Inc conspired with five publishers to fix e-book prices, saying its provisions could drastically reduce money paid to consumers depending on appeals.

Business 26 Apr 2014 | 7:06 PM

US court may consider delay of Apple e-books damages trial

NEW YORK: A US appeals court will consider Apple Inc's request to put off a July trial to determine how much the iPad maker must pay in damages to customers in more than two dozen states over e-book price fixing.

Business 11 Feb 2014 | 12:44 PM

Apple loses latest bid to block E-Books antitrust monitor

NEW YORK: Apple Inc on Monday lost its latest bid to put a court-appointed antitrust monitor on hold, after a federal appeals court rejected its argument that the monitor's work was causing it irreparable harm.

Technology 01 Jan 2014 | 12:00 AM

US says Apple top execs should be queried over e-books

NEW YORK: Apple Inc faces opposition from the United States in its bid to block an antitrust monitor appointed in a electronic books price-fixing case from interviewing top executives and directors, including CEO Tim Cook and board member Al Gore.

Business 14 Jun 2013 | 4:26 PM

'Ringleader' says Apple did not raise e-books prices

NEW YORK: An Apple Inc executive at the center of an antitrust lawsuit by the U.S. government said on Thursday the company "didn't care" what price publishers set for e-books.

Business 04 Jun 2013 | 12:00 AM

US takes Apple to trial over ebooks price-fixing

NEW YORK: Apple Inc goes to trial over allegations by federal and state authorities that it conspired with publishers to raise the price of ebooks.

Business 19 Dec 2012 | 12:00 AM

U.S. reaches e-books settlement with Penguin

WASHINGTON: The U.S. Justice Department said on Tuesday it has reached a settlement with Pearson Plc's PSON.LPenguin Group in the government's investigation of alleged price-setting in the e-book market.

Business 31 Aug 2012 | 12:00 AM

Amazon teams with Nokia, snubs Google for maps

SAN FRANCISCO: Amazon.com Inc's new Kindle Fire will have mapping services via a tie-up with Nokia Oyj, according to two people familiar with the situation, filling a gap in the tablet's capabilities while snubbing Google Inc's popular service.

Business 22 Jun 2012 | 12:00 AM

Poll: Most U.S. readers unaware of e-books at libraries

NEW YORK: Though Kindles and Nooks are becoming almost as common as books, more than half of all U.S. readers don't know they can borrow e-books from their local library, a Pew Center poll showed on Friday.