China's mini Apple takes slice of smartphone pie

BEIJING (Reuters) - China's Xiaomi Technology is a fairy tale for nerdy entrepreneurs. Less than three years after its founding, the smartphone maker is valued at $4 billion and evokes Apple-like adoration from its fans, some of whom are desperate enough to skip work for a shot at buying the latest product the day it goes on sale. Founder Lei Jun dresses like the late Steve Jobs, in jeans and a...

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Italian tax police visit Facebook's Milan offices

MILAN (Reuters) - Italian police have been carrying out checks at the Milan offices of Facebook to assess whether it regularly declared its income in Italy, an investigative source and the U.S. company said on Friday. Italian officials have stepped up their efforts to collect taxes in recent months and have already targeted other big corporate names such as Google to check whether they are paying...

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Best E-Reader for Under $100

Top Contenders The basic model Kindle, the Nook Simple Touch, and the Kobo Touch all share a few traits other than a reasonable price. They all feature 6-inch screens, 2 GB of storage, Wi-Fi for downloading books, and good readability. But a few differentiating factors may tip the balance. Kindle ($89) The Kindle line offers a range of devices priced from $89 (or $69 if you don't mind the ad-supported...

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