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  • Asian shares traded mixed on Wednesday as markets shrugged off an uninspiring handover from the U.S., a poor showing of the Japanese economy and key monthly indicators from China.

  • PlayStation 4 sales hit 10M in blow to Microsoft Wednesday, 13 Aug 2014 | 6:56 AM ET

    Sony has sold over 10 million PlayStation 4 (PS4) devices, the company said on Tuesday, landing a major blow to rival Microsoft's Xbox One.

  • BEIJING, Aug 13- The European Union Chamber of Commerce in China on Wednesday expressed concern over a recent series of antitrust investigations, saying China was using strong-arm tactics and appeared to be unfairly targeting foreign firms.

  • LOS ANGELES, Aug 12- Steve Ballmer, the former head of Microsoft, completed a $2 billion purchase of the Los Angeles Clippers basketball team on Tuesday, ending an ugly saga involving former owner Donald Sterling who was banned for life over racist remarks.

  • LOS ANGELES, Aug 12- Steve Ballmer, the former head of Microsoft, has completed his $2 billion purchase of the Los Angeles Clippers basketball team, ending a saga that began when former team owner Donald Sterling was heard making racist remarks to his girlfriend on a tape recording.

  • Sony PlayStation 4 console sales top 10 million Tuesday, 12 Aug 2014 | 3:17 PM ET
    Boxes sit on display for Sony Computer Entertainment Inc.'s PlayStation 4 video game console at a Bic Camera Inc. electronics store.

    The console went on sale in November in the US, Western Europe and Latin America, around the same time that rival Microsoft's Xbox One was released.

  • SAN FRANCISCO, Aug 12- An Activision Blizzard executive said on Tuesday the company's upcoming "Destiny" shooter game has set a video game industry record as the most pre-ordered new title.

  • Done deal: Ballmer gets the LA Clippers Tuesday, 12 Aug 2014 | 2:38 PM ET
    From left: Steve Ballmer and Donald Sterling

    The sale of the Los Angeles Clippers, ensnared for months by legal challenges, is finally official.

  • SAN FRANCISCO, Aug 12- Sony Corp said on Tuesday that sales of its PlayStation 4 video game console, launched in November, has surpassed 10 million units. The console went on sale on November 29 in the United States, Western Europe and Latin America, around the same time that rival Microsoft Corp's Xbox One was released.

  • Aug 11- Rackspace Hosting Inc reported better-than-expected quarterly revenue, helped by higher demand for its cloud management services, and it forecast current-quarter revenue above analysts' estimates.

  • Stocks squeeze out gains; geopolitics, data eyed Monday, 11 Aug 2014 | 4:20 PM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    U.S. stocks pared gains in light volume trading on Monday as investors looked for signs of easing in geopolitical tensions.

  • Most active Nasdaq-traded stocks Monday, 11 Aug 2014 | 1:26 PM ET

    Apple Inc. rose 1.3 percent to $95.99 with 35,982,200 shares traded. Cisco Systems Inc. rose. 8 percent to $25.23 with 25,823,400 shares traded. Facebook Inc. rose. 5 percent to $73.44 with 24,224,200 shares traded.

  • Microsoft unveils $25 Nokia phone in low-end push Monday, 11 Aug 2014 | 8:53 AM ET

    Microsoft has released a 19 euro ($25) ultra-low-cost phone in an aggressive push to capture more sales in the growing emerging markets.

  • Yahoo, chasing Microsoft, gets into search rewards Monday, 11 Aug 2014 | 8:00 AM ET

    Yahoo needs people to use its search engine so badly it's willing to reward them for doing so—the company is now running search for Swagbucks.

  • WASHINGTON, Aug 11- Employment growth at the largest U.S. companies has lagged far behind increases in revenue and operating profit since the start of the century, as firms reaped the benefits of globalization, technology, and other ways to operate more productively, according to a Reuters analysis of corporate data.

  • Cloud co. Hightail going up for sale, say sources Monday, 11 Aug 2014 | 12:00 AM ET

    The data storage market appears poised to start consolidating. Hightail has hired RBC Capital Markets as it engages in talks to be acquired, said sources.

  • How firms learn to live with China antitrust raids Sunday, 10 Aug 2014 | 7:48 PM ET
    A Mercedes symbol is pictured in front of the Mercedes-Benz Shanghai office.

    Men in suits and casual business wear barged into Mercedes-Benz's east China sales office, near Shanghai's Hongqiao international airport on Monday.

  • HONG KONG/ BEIJING, Aug 11- In the early afternoon of Monday, Aug. 4, ten men in suits and casual business wear barged into a busy office at Mercedes-Benz's east China sales office, near Shanghai's Hongqiao international airport.

  • Aug 11- On a trip to Beijing a decade ago, Bill Gates was asked by a senior government official how much money Microsoft Corp made in China.

  • Brian Jorgenson, 32, had pleaded guilty to securities fraud.

    A former Microsoft employee was sentenced to two years in prison for his part in an insider trading scheme that netted more than $400,000.