AP - Oracle Corp. plans to pay newly appointed co-President Mark Hurd a base salary of $950,000 annually and said the ousted Hewlett-Packard Co. CEO is eligible for a target bonus of $5 million in the current fiscal year.

AFP - British mobile phone giant Vodafone lost a legal appeal Wednesday against an Indian tax bill estimated to be 2.0 billion dollars relating to the group's 2007 purchase of local group Hutchison Essar.

AFP - Willow Garage is out to transform the world of robotics with a formula that has helped make stars of Apple gadgets and Facebook.

AFP - European judges ruled on Tuesday that German laws protecting state monopolies for gambling are not "justifiable," opening the door to a huge protected market for a host of online betting firms.

AFP - Police shut down 49 servers and detained 10 people in a Europe-wide raid in 13 countries against an online film pirating network, the Belgian prosecutor's office said Wednesday.

AP - Ten people have been arrested in raids across Europe against computer pirates who put illegal copies of movies and television series on the Internet, Belgian police said Wednesday.

AP - Oracle plans to pay newly appointed President Mark Hurd a base salary of $950,000 a year. The company also says the former Hewlett-Packard Co. CEO, who was ousted by that company last month, is eligible for a fiscal 2011 bonus of as much as $10 million.

Reuters - China Mobile shares fell the most in a year after Vodafone sold its stake in the company for $6.5 billion, nearly double what it paid, but analysts expect the stake sale to have no major impact on the Chinese firm.

AP - Connecticut Attorney General Richard Blumenthal and national nonprofit organizations said Tuesday they want Craigslist to be "a model for good policy" and officially get rid of its adult services section globally.