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Exclusive: Microsoft CEO Nadella to visit China amid antitrust probe - source Thursday, August 28, 2014 3:34 am

Nadella, Microsoft Corp chief executive, attends the unveil event of the new Microsoft Surface Pro 3 in New YorkBy Gerry Shih and Paul Carsten BEIJING (Reuters) - Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world's largest software company. It is not clear if Nadella, who took over as Microsoft CEO in February, will meet with any Chinese government representatives as part of his visit, or try to resolve issues with the State Administration for Industry and Commerce (SAIC), one of China's antitrust regulators.

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Asia stocks steady as rally fades, euro clings to gains Thursday, August 28, 2014 12:28 am

A pedestrian is reflected in an electronic board showing the various stock prices outside a brokerage in TokyoThe Australian dollar rose to a three-week high versus the U.S. "European equities are set to edge lower as concern brews that traders have gotten ahead of the curve on ECB stimulus and that fighting in Ukraine flares up again," Jonathan Sudaria, a dealer at Capital Spreads, said in a note to clients. The euro received some reprieve after three sessions of losses as feverish speculation of an imminent round of easing by the European Central Bank was tempered for now.

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Bitcoin shows staying power as online merchants chase digital sparkle Thursday, August 28, 2014 12:07 am

A customer prepares to use a Bitcoin ATM located in Flat 128, a boutique in New York's West VillageBy Gertrude Chavez-Dreyfuss and Michael Connor NEW YORK (Reuters) - Bitcoin is catching on at U.S. "Retail payments aren't broken."     There are also worries about bitcoin's volatility: its price in U.S.

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Telecom Italia, Telefonica in bidding war for Vivendi's GVT Thursday, August 28, 2014 1:50 am

Telecom Italia tower in RomeThe battle over Brazil's telecoms market ratcheted up on Thursday as European competitors Telecom Italia and Telefonica made rival offers for Vivendi's Brazilian broadband unit GVT. Telecom Italia said it had offered to buy GVT in a cash-and-share bid that values the broadband company at 7 billion euros ($9.3 billion). Spanish rival Telefonica said it had upped a previous 6.7 billion euro bid for GVT to 7.45 billion euros, increasing the cash component of the initial offer made at the start of August. Vivendi, which previously tried to sell GVT in 2013, confirmed it had received the two binding offers and said its supervisory board would examine them at a meeting later in the day.

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Judge rejects Apple bid for injunction against Samsung Thursday, August 28, 2014 3:42 am

Picture illustration of Apple's iPhone 5 and Samsung Electronics' Galaxy S4 taken in SeoulApple won a $120 million jury verdict against Samsung earlier this year over three Apple patents. District Judge Lucy Koh in San Jose, California, on Wednesday denied Apple's request to stop Samsung from selling infringing features on its smartphones related to those patents. An Apple spokeswoman declined to comment.

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