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Bump, Flock apps to be discontinued
Smartphone file-sharing apps Bump and Flock have announced that they will be discontinued at the end of January. ... more
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Murdoch's Fox sells Star China TV stake
Rupert Murdoch's 21st Century Fox said Thursday it was selling its 47 percent stake in Star China TV, which operates three Mandarin-language television stations. ... more
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Hewlett-Packard says 5,000 more job cuts needed
Struggling US computer giant Hewlett-Packard plans to slash 5,000 more jobs than previously announced because of a difficult business environment, a regulatory filing shows. ... more
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China says local government debt soars
China on Monday announced the results of a long-awaited debt audit, revealing that liabilities carried by local governments ballooned to 17.9 trillion yuan ($2.95 trillion) as of the end of June. ... more
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