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Mayer gets $70 million pay package to lead Yahoo

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New Yahoo chief executive Marissa Mayer's compensation package could total more than $70 million in salary, bonuses, restricted stock and stock options over five years, according to a regulatory filing made by the company on Thursday.

Two killed in Thai south as Ramadan starts

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Two civilians were killed and four wounded in bomb and shooting attacks in southern Thailand, a military spokesman said on Friday, as the region marked the start of the Islamic holy month of Ramadan.

Taiwan’s HTC files patent suit against Apple

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Taiwan's leading smartphone maker HTC said on Thursday it was suing technology giant Apple in the United States, claiming it has infringed on its patents.

Vodafone organic growth hit by India, UK slowdowns

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Vodafone posted a sharp drop in quarterly organic growth as weak trading in Italy and unexpected slowdowns in Britain and India hit the world's largest mobile operator.

China’s Ai Weiwei loses appeal against tax fine

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Chinese artist and fierce government critic Ai Weiwei said on Friday his challenge against a $2.4 million fine for alleged tax evasion that he says is politically motivated had failed.

Shootout at movie theatre in US; 10 killed, 40 injured

A masked gunman shot dead 10 people and wounded 30 to 40 others at a showing of new Batman movie "TheDark Knight Rises" at a movie theatre in the U.S. City of Denver, local radio station KOA reported on Friday, citing witnesses.

Olympics: Flame makes dramatic entrance to London

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The Olympic flame makes a dramatic arrival in London on Friday to tour the capital before it plays a starring role in the opening ceremony in one week's time.

Kim to reform North Korean economy after purge

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Impoverished North Korea is gearing up to experiment with agricultural and economic reforms after young leader Kim Jong-un and his powerful uncle purged the country's top general for opposing change, a source with ties to both Pyongyang and Beijing said.

Ponting on track to become Australia’s most capped

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Ricky Ponting could break Steve Waugh's record as Australia's most-capped Test cricketer in front of his home fans at Hobart after the international summer schedule was announced on Thursday.

IBM’s net income up 6 pc at USD 3.9 billion in Apr-Jun quarter

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Bolstered by good performance in India, China and other growth markets, IBM has reported a nearly six per cent increase in net income at USD 3.9 billion in the three months ended June 2012, even as its revenues slumped.

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.