‘Little Risk for Google in Retrial Versus Oracle Over Android’

Even if a jury orders Alphabet Inc’s Google to pay the full $8.8 billion sought by Oracle Corp in an upcoming San Francisco copyright trial over the Android operating system, shareholders and analysts say it will likely have little impact on the search giant’s bottom line. Oracle claims Google’s Android violated its copyright on parts of the Java… Read More »

Gross hiring in top IT firms in FY17 may fall on lower attrition

Attrition level has eased and is at benign levels for top IT companies, following which gross hiring in this space for the fiscal could see a reduction, says a report. According to a research report by Kotak Institutional Equities, attrition of top IT companies in March quarter has declined sequentially as well as on yearly basis with the… Read More »

Mark Selby clinches second world title with 18-14 win over Ding Junhui

Mark Selby, whose only success this season had been to win the minor Gdynia Open event in Poland, won a second trophy here evening – the Betfred World Championship 2016. And of the players mentioned he most closely resembles Higgins, for the excellence of his match play and all-round skills, and the ability to win crucial matches with… Read More »

Champions: How the world reacted to Leicester’s unlikely title win

Leicester’s extraordinary Premier League title win has captured the imaginations of so many football fans – as well as headline writers across the UK and beyond. Their success dominated the front pages of British newspapers on Tuesday morning, with some broadsheets and red tops adopting an uncustomary blue look in tribute to the champions. Others went with the… Read More »

Endeavour: Has the ship Captain Cook sailed to Australia been found?

Researchers in the US believe they may be a step closer to locating the ship in which British explorer Captain James Cook sailed to Australia in 1768. The Rhode Island Marine Archaeology Project (Rimap) has known for some time the ship was scuttled in Newport Harbour, off the US coast, in 1778. But they now believe they have… Read More »

Anger over ‘martyrs’ exhibition for Brussels and Paris bombers

A Copenhagen art exhibit planning to portray two of the Brussels suicide bombers and one of the Paris Bataclan attackers as “martyrs” has been reported to police for encouraging terrorism. In an exhibit partly inspired by Tehran’s Martyrs’ Museum, a Danish group of artists plans to include brothers Ibrahim and Khalid el-Bakraoui, who detonated bombs in the deadly… Read More »

Migrant crisis: EU ‘to back’ visa-free travel for Turkey

The European Commission will give conditional approval for Turks to travel without visas to Europe’s passport-free Schengen area, sources have told the BBC. Visa liberalisation was offered in return for Turkey taking back migrants who crossed the Aegean Sea to Greece. But Turkey must still meet EU criteria, and the visa deal needs approval by the European Parliament… Read More »

HSBC defiant on dividend payouts as profit fall stokes doubts

HSBC promised higher dividends on Tuesday after a 14 percent profit drop fuelled doubts among some investors about the bank’s ability to continue growing payouts. Europe’s biggest bank also showed the challenge it faces to build sufficient capital buffers to grow its 8 percent dividend yield, reporting its key capital ratio was unchanged at 11.9 percent, against analyst… Read More »

Banks, tech companies move on from bitcoin to blockchain

As a debate raged across the internet Monday over whether the mysterious founder of the bitcoin digital currency had finally been identified, executives at a major bitcoin conference in New York had a simple message: we’ve moved on. That’s because bitcoin, the digital currency, has largely been supplanted by blockchain, the technology that underlies it, as the main… Read More »

Liberty House to submit bid for Tata Steel UK on Tuesday

Metals group Liberty House will submit a letter of intent to buy the British assets of Tata Steel on Tuesday, a spokeswoman said, in the first concrete bid since the Indian conglomerate put the business up for sale, threatening thousands of jobs. India’s Tata group announced plans to sell its entire UK steel operation in March, leaving the… Read More »