Mithun Prabhu

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UEFA says nine clubs still being investigated over FFP

LONDON (Reuters) - The finances of nine European soccer clubs remain under scrutiny with new rules requiring clubs to rein in their losses, a UEFA spokesman said on Friday. The clubs involved were not named.<p>“Further information shall be provided once this process has been completed,” the spokesman …

Apple's $119.6 million verdict against Samsung remains, even after new damage calculations

After additional deliberations, the jury who decided the second month-long trial between Apple and Samsung last week awarded Apple an additional $4.02 million for damages involving Samsung's Galaxy S2 smartphone and an Apple patent covering an autocorrect feature, reports <i>Recode</i>. However the group …

Will Apple & Samsung finally stop their legal battles?

DigitalTrends<p>On Friday, Apple won a $119 million jury verdict against Samsung for infringing on three of its patents. A U.S. District Court jury in San Jose, Calif., found that some Samsung devices had infringed on Apple’s patent for “quick links,” a feature that dials a phone number included in an …

Bill Gates Would 'Absolutely' Support Xbox Spin-Off

Update:<p>The actual interview is here. Gates’ answer is much more nuanced than the Tweet indicates. In a response to a University of Chicago student’s question on spinning off Bing and Xbox, Gates says both make more sense as part of Microsoft and fit the broader long-term strategy for the …

Apple’s second bond sale more than three times over-subscribed

Apple’s second major bond sale, designed to raise cash for the stock buybacks Tim Cook promised in the company’s latest earnings call, was more than three times over-subscribed, reports the <i>WSJ</i>.<p>Apple sold $12 billion of debt of varying maturities at interest rates that were mostly less than a …