Nissan Motor Co.’s take-no-prisoners approach to gaining U.S. market share has the auto industry worried that a price war is brewing that will erode the profit progress made since the recession ravaged auto sales.
The saga of Edward Snowden, the source of leaks about the U.S. government’s Prism program, is precisely the sort of tale Hong Kong’s tabloid newspaper culture has always embraced: full of suspense, driven by personality and sure to bring people back to buy the next day’s edition. But while Hong Kong’s newspapers are busy combing the city for Snowden, mainland Chinese papers -- and the country’s usually scandal-loving social media -- are covering other stories.
Perion Network Ltd., the Israeli software maker whose partners include Google Inc. and Microsoft Corp.’s Bing, will announce an agreement with one of the world’s biggest search engines in July as it seeks to diversify its revenue sources, Chief Executive Officer Josef Mandelbaum said.
Marks & Spencer Group Plc, the U.K.’s largest clothing retailer, lost a court ruling in London over whether it used Interflora Group Ltd.’s trademarked terms to trigger advertisements on search engines.
Yandex NV will extend gains from a 20-month high as Russia’s biggest Internet company boosts its dominance of the search market, according to Sberbank Investment Research’s Anna Lepetukhina, the most accurate analyst covering the stock.
Chinese equities rose to the highest level in almost two months in New York, led by Renren Inc. and Qihoo 360 Technology Co., on speculation the Internet companies’ first-quarter sales will exceed their own estimates.
Google Inc. is fighting a Belgian ruling blocking it from publishing links to local newspapers on its online news service at a hearing today that could decide the fate of search engines and referencing services in Europe.
Efforts by Google Inc., Microsoft Corp. and Amazon.com Inc. to be excluded from U.S. cybersecurity rules may become moot under a European Commission proposal that could force them to report attacks and make their products more secure.