Business news

Sharp shows plant making 10th generation panels

Technology / Business

1hour ago | not rated yet | 0

(AP) -- Huge sheets of glass are guided by robotic arms, sliding and turning in a towering germ-free plant, the world's first making giant "10th generation" panels for flat screen TVs.

Holiday shopping off to mildly encouraging start

Technology / Business

1hour ago | not rated yet | 0

(AP) -- After shoppers gave retailers a somewhat encouraging start to the holiday shopping season, stores now turn their attention to the online promotions known as Cyber Monday and bringing back customers ...

iPhone's debut in S.Korea means paradigm shift: experts

Technology / Business

Nov 28, 2009 | 4 / 5 (1) | 1

Apple's top selling iPhone made its debut in South Korea Saturday with experts saying the iconic smartphone is likely to serve as a wake-up call for an IT industry basking in an isolated market.

Facebook creates dual-class structure, but no IPO

Technology / Business

Nov 24, 2009 | 1 / 5 (1) | 0

(AP) -- Facebook has created a dual-class stock structure designed to give founder Mark Zuckerberg and other existing shareholders control over the company.

Microsoft says cost-cutting CFO to step down

Technology / Business

Nov 24, 2009 | not rated yet | 0

(AP) -- Microsoft Corp. on Tuesday said its chief financial officer is departing at the end of the year and will be replaced by the man now responsible for the books at the division that produces Microsoft Office and other ...

Senators press EU to speed its Oracle-Sun probe

Technology / Business

Nov 24, 2009 | not rated yet | 0

(AP) -- U.S. senators are pressuring European antitrust regulators to hurry their investigation of Oracle Corp.'s proposed acquisition of Sun Microsystems Inc., citing Sun's "precarious" financial condition and fears about ...

Nokia to ax 220 R&D jobs in Japan

Technology / Business

Nov 24, 2009 | 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

Nov 24, 2009 | 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

Nov 24, 2009 | 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.

Barnes & Noble reports 2Q loss, cuts guidance

Technology / Business

Nov 24, 2009 | not rated yet | 0

(AP) -- Barnes & Noble on Tuesday posted a larger second-quarter loss than last year and lowered its profit forecast for this quarter in anticipation of weak holiday sales and high costs of launching its ...

HP profit jumps on cost cuts, new market expansion

Technology / Business

Nov 23, 2009 | not rated yet | 0

(AP) -- Hewlett-Packard Co.'s cost-cutting and push into new markets is helping soften the blow from weakness in the company's mainstay businesses.

Gartner forecasts 2.8 percent growth in PC sales in 2009

Technology / Business

Nov 23, 2009 | not rated yet | 0

Worldwide sales of personal computers, which had been forecast to decline this year, will instead post modest gains, Gartner research group said Monday.

Retailers look to stretch out Cyber Monday push

Technology / Business

Nov 23, 2009 | not rated yet | 0

(AP) -- Retailers are thinking beyond Cyber Monday - a holiday marketing promotion many push for the Monday after Thanksgiving - and trying to spin their discounts into into Cyber Weekends or even Cyber Weeks.

US newspaper ad revenue down nearly 28 percent

Technology / Business

Nov 20, 2009 | not rated yet | 1

US newspaper advertising revenue fell by nearly 28 percent in the third quarter, continuing a slide which has led to layoffs, bankruptcies and the closure of several dailies.

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.

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.

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 ...