WASHINGTON: Hyundai and Kia agreed to pay $100 million on Monday, 3 November, to settle a US government investigation into exaggerated fuel efficiency on 2012 and 2013 car models sold in the United States by the South Korean automakers.
NEW YORK, USA: Amazon says its loss in the last quarter rose to $437m after a series of product launches including new phones, tablets and television programs had failed to provide profits for the company.
NEW YORK, USA: Hewlett-Packard said it would split into two separate, listed companies with its computer and printer businesses in one company and its corporate hardware and services operations in another.
CUPERTINO, USA: All the frenzy over Apple's launch of its new product line-up ahead of the festive shopping season turned into a bit of a damp squib with Apple announcing, as expected, a new iWatch and a new iPhone 6
SAN FRANCISCO, USA: Apple will unveil an "iWatch" in September with the manufacturer of the iPhone finally embarking on its much-rumoured foray into wearable computing, technology news website Re/code says.
WASHINGTON, USA: A rise in low-cost smartphone sales, notably in emerging markets, helped Google's Android platform extend its dominance in the mobile market in the second quarter according to a survey released this week.