Business news

Nokia to ax 220 R&D jobs in Japan

Technology / Business

3 hours ago | not rated yet | 0

(AP) -- Nokia Corp. said Tuesday it is axing 220 jobs at research and development units in Japan as the world's largest mobile phone maker continues to cut costs.

EU drops Qualcomm antitrust probe

Technology / Business

3 hours ago | not rated yet | 0

(AP) -- European Union antitrust regulators on Tuesday dropped a monopoly abuse probe into wireless chip maker Qualcomm Inc. after mobile phone companies withdrew complaints about high royalty fees.

Joost assets bought by online ad company Adconion

Technology / Business

3 hours ago | not rated yet | 0

(AP) -- The struggling online video startup Joost, begun with much fanfare by the creators of Skype and Kazaa, has been sold to an online advertising company.

EU extends Oracle/Sun review deadline until Jan 27

Technology / Business

Nov 20, 2009 | 3 / 5 (1) | 0

(AP) -- European Union regulators said Friday that they have extended until Jan. 27 a deadline to wrap up their antitrust review of Oracle Corp.'s planned $7.4 billion takeover of Sun Microsystems Inc.

Sony hopes online service will build brand loyalty

Technology / Business

Nov 20, 2009 | not rated yet | 0

(AP) -- Sony's new online service connecting the whole range of its gadgets to downloadable content like movies and games should help build brand loyalty, a top executive said Friday.

EBay completes sale of Skype for $2 billion

Technology / Business

Nov 20, 2009 | not rated yet | 0

(AP) -- EBay has completed its sale of Skype for about $2 billion to an investor group that included the founders of the Internet phone service.

GE, Vivendi talks over NBC Universal stretch on

Technology / Business

Nov 20, 2009 | not rated yet | 0

(AP) -- A deal for Comcast Corp. to buy a controlling stake in NBC Universal and create one of the most powerful media companies in the world is taking longer than expected as the current owners tussle over ...

AOL offers buyouts to over a third of work force

Technology / Business

Nov 19, 2009 | not rated yet | 0

(AP) -- The struggling Internet company AOL plans to shed up to 2,500 jobs - more than a third of its work force - as it prepares to separate from Time Warner and finally sever their ill-fated marriage.

Dell's profit, stock drop on weak quarterly report

Technology / Business

Nov 19, 2009 | 5 / 5 (1) | 0

(AP) -- Some of the computer-industry's biggest players - such as IBM Corp., Intel Corp. and Hewlett-Packard Co. - have wowed Wall Street this fall with stronger-than-expected profits.

Observers wary of 'truce' between Intel, AMD

Technology / Business

Nov 19, 2009 | 4 / 5 (1) | 0

Can Intel and Advanced Micro Devices, Silicon Valley's version of the long-squabbling Hatfields and McCoys, really get along?

Sony chief executive outlines turnaround plan

Technology / Business

Nov 19, 2009 | not rated yet | 0

(AP) -- Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way to showcase its strength in entertainment and surface from deep ...

Judge rejects AT&T's bid to pull Verizon ads

Technology / Business

Nov 19, 2009 | not rated yet | 1

(AP) -- A federal judge on Wednesday denied a request by AT&T Inc. to force competitor Verizon Wireless to pull its "There's a Map for That" commercials.

Sony Ericsson closes NC, other sites as HQ moves

Technology / Business

Nov 18, 2009 | not rated yet | 0

(AP) -- Cell phone handset maker Sony Ericsson will move its North American headquarters from North Carolina to Atlanta and close a half-dozen sites worldwide as it retrenches against what it expects will be a tighter market ...

South Korean regulator approves iPhone

Technology / Business

Nov 18, 2009 | not rated yet | 0

(AP) -- South Korea's telecommunications regulator cleared the way Wednesday for the launch of Apple's iPhone, amid reports the hit device could reach consumers by the end of this month.

'Call of Duty' setting entertainment records

Technology / Business

Nov 18, 2009 | 2 / 5 (1) | 0

(AP) -- The video game "Call of Duty: Modern Warfare 2" is blasting its way into entertainment history.

DirecTV to appoint PepsiCo executive as CEO

Technology / Business

Nov 18, 2009 | not rated yet | 0

(AP) -- DirecTV Group Inc. is naming the vice chairman of PepsiCo Inc. as its chief executive.

Court rules against Microsoft in China font case

Technology / Business

Nov 17, 2009 | 5 / 5 (1) | 0

A Chinese court has ruled Microsoft Corp. infringed a Chinese company's intellectual property rights by including certain fonts in its operating systems, the companies confirmed Tuesday.

Semiconductor revenue to fall 11 percent: Gartner

Technology / Business

Nov 16, 2009 | not rated yet | 0

Worldwide semiconductor revenue is expected to decline by more than 11 percent in 2009 over last year, less than previously forecast, market research firm Gartner said Monday.