SK Telecom in 'strategic' talks with Virgin Mobile

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(AP) -- Virgin Mobile USA Inc. said Wednesday it is in preliminary talks with South Korea's SK Telecom Co. about possible "strategic options," a phrase that usually suggests a buyout or major investment.

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All News summaries for May 14, 2008

Samsung says Q2 profit up 108 percent

4 hours ago | User rating: not rated yet

South Korea's Samsung Electronics Co. said Friday that second-quarter profit jumped 108 percent year-on-year, what it called a "relatively solid" performance despite missing market forecasts.

Infineon posts heavy quarterly loss, to cut 3,000 jobs

5 hours ago | User rating: not rated yet

German semi-conductor group Infineon posted Friday a heavy quarterly loss and announced the elimination of 3,000 jobs.

Microsoft defends search investments to analysts

6 hours ago | User rating: not rated yet

(AP) -- Microsoft's CEO defended the software maker's decision to invest heavily in its unprofitable online business, but shed minimal light Thursday on specific steps it will take to challenge Google in the wake of the ...

China says has more people surfing the Web than US

6 hours ago | User rating: not rated yet

(AP) -- China's booming Internet population has surpassed the United States to become the world's biggest, with 253 million people online despite government controls on Web use, according to government data ...

Japanese Internet mogul found guilty in appeal

7 hours ago | User rating: not rated yet

(AP) -- A Japanese appeals court upheld the conviction of flamboyant former Internet mogul Takafumi Horie on Friday in an ongoing case that has come to symbolize this nation's effort to deal with white collar ...

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