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Reuters

Antibiotics protect nerves too

If the drugs produce the same effect in humans as they did in mice, researchers believe they could help prevent nerve damage.

eBay says to buy more shares of Korean peer

eBay Inc said it has agreed to buy $325 mn worth of shares of Internet Auction, raising its ownership to 86% from 62%.

Japan Internet mall Rakuten to issue, split shares

Rakuten said it will raise about $240 million through an issue of new shares next month and conduct a 10-for-one share split.

Chinadotcom sees Ross buyout closing on Aug 26

chinadotcom said it expects to close its much-delayed purchase of Ross Systems on Aug 26, nearly a year after announcing the takeover.

Wanadoo fires latest shot in UK broadband wars

UK's broadband price wars took a new twist as Wanadoo launched a 1-megabit service for #17.99 a month, undercutting its rivals.

China's banks probe online transactions for Web porn

China's banks are scrutinising online transactions for links to pornographic Web sites as the nation cracks down on Net sex.

Microsoft, EA launch FIFA interactive soccer cup

Microsoft joined forces with Electronic Arts and FIFA to launch an interactive soccer tournament they hope will boost online gaming.

Google conundrum: To bid now or later?

Web search provider Google's auction is now open but with no word yet on when it will close.

Google IPO auction gets off to rocky start

The auction for Google's IPO got off to a rocky start on Friday after the it sidestepped a bullet from US securities regulators.

China Mobile suspends Sohu.com as supplier

Sohu.com said China Mobile had suspended it as a supplier of mobile phone picture services for one year for unsolicited marketing to some customers.

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