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Technology / Media

Google Ventures European fund unveiled

A Google Ventures European fund aimed at technology start-ups has been unveiled by the search engine giant. The $100 fund aims to invest in the best of European tech entrepreneurs, says Google Ventures. It will be based in Clerkenwell,…

Carlos slim slims Mexican telecom presence

Carlos Slim slims América Móvil's presence after new Mexican legislation stipulates that no company is allowed to have a 50%+ share of the national market. The world’s second richest man says he will bring his empire’s market share below…

Samsung Q2 profit drop warning

A strong Korean currency and sluggish smartphone sales have prompted a Samsung Q2 profit drop warning. Samsung Electronics’ operating profit for the April-to-June period is expected to be about $7.1 billion (7.2 trillion won), compared to…

T-Mobile bogus charges lawsuit

T-Mobile bogus charges to the tune of hundreds of millions of dollars were sent to customers, the Federal Trade Commission (FTC) says, according to a lawsuit filed last week. The FTC says T-Mobile has earned millions of dollars from…