Russian internet group Mail.ru has paid $1.47bn to acquire the 48 per cent of social media website VKontakte that it does not already own, ending a battle for ownership of Russia’s equivalent to Facebook. Read more >>

Will the expected launch of a new iPhone later today – and perhaps an “iWatch” – give a boost to Apple’s share price or trigger a decline? Read more >>

The clock’s ticking on the launch of Apple’s “iWatch” – expected on September 9 – and its Korean rivals are coming out ahead of time with their latest takes on wearable technology. Read more >>

Rocket Internet, the Berlin-based investor in e-commerce companies, is continuing to expand its roster of stakeholders, as its valuation grows past €4bn ahead of an expected IPO later this year. Read more >>

Lower prices and upgrades by businesses have lifted the global notebook PC market out of a seven-quarter slump. Read more >>

This is the launch of the century in Chinese video gaming terms. Read more >>

Arm shares are being treated like royalty today, despite being disdained as commoners at the open. Read more >>

Sounds like a bad week for Moore’s Law at the microchip industry’s big annual Silicon Valley get-together. Read more >>

Online video distribution network Rightster is adding views with the bolt-on acquisitions of Viral Spiral and Base79. A placing of 75m new shares to raise £42m will help fund the deals – with a co-founder of YouTube coming on board and investing. Read more >>

Twitter has acquired mobile ad specialist Namo Media as it tries to increase advertising revenues and answer investor concerns about its growth prospects. Read more >>