Chinese giant PC producer Lenovo has completed the $2.9 billion acquisition of the handset unit in the iconic mobile maker Motorola Mobility, fortifying its positions in the US and other developed markets.
Apple is in early stage talks with Iranian distributors about entering the country’s market after the US began to loosen sanctions on exports to Iran. A sign of warming relations with Teheran is seen after a 35 freeze that began in 1979.
Denmark’s Council for Independent Research (DFF) will contribute some 2.5 million kroner (US$428,000) into funding research on a fictional troll – an underground being which exists in popular myth on the island of Bornholm in the Baltic Sea.
The personal fortune of Jack Ma, the founder and executive chairman of Alibaba, jumped to $19.5 billion from $7.1 billion last year, after his e-commerce company conducted the world’s biggest IPO, Forbes magazine has said.
A failure to comply with the European Commission’s demand on the UK to contribute an extra £1.7bn ($2.66 billion) to the European Union budget could result in fines for the British government, it emerged on Monday.