(MENAFN - AFP) Microsoft agreed Monday to buy the Swedish group behind the hugely popular video game "Minecraft" for $2.5 billion, bolstering the increasingly important gaming division of the US tech giant.
The deal for Swedish-based Mojang gives Microsoft one of the best-known video games of all time - one which is played on game consoles as well as PCs and mobile devices.
(MENAFN - AFP) US biotechnology giant Gilead Sciences announced Monday generic licensing deals with seven Indian pharmaceutical firms to slash the cost of its $1,000-a-pill Hepatitis C medicine in 91 developing countries.
Gilead has come under fire from patient rights' groups for the cost of its Hepatitis C drug, Sovaldi, which in the US costs $84,000 for a total 12-week ...
(MENAFN - AFP) Japan's economy shrank more than estimated in April-June, revised data showed Monday, piling pressure on the government to delay another sales tax hike, while the central bank faces calls to expand its stimulus.
The figures will come as a blow to Prime Minister Shinzo Abe as his programme aimed at rejuvenating growth struggles to gain traction.
(MENAFN - AFP) US biotechnology firm Gilead Sciences announced Monday it has signed generic licensing deals with seven India-based companies to increase access to its costly Hepatitis C treatment in the developing world.
Gilead's Sovaldi is sold for $1,000 per pill in the United States bringing its total 12-week course of treatment - effective in nine out of 10 cases - to ...