Business news
iPhone's debut in S.Korea means paradigm shift: experts
5 hours ago |
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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.
Lenovo buying back mobile phone business
Nov 27, 2009 |
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(AP) -- Personal computer maker Lenovo Group said Friday it is joining the race to develop products that link phones and PCs by buying back a mobile phone business that it sold last year.
Apple's iPhone set to make splash in South Korea
Nov 27, 2009 |
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(AP) -- The iPhone's arrival in South Korea is generating considerable buzz among consumers and industry watchers amid expectations it will shake up a market dominated by world-beating domestic manufacturers.
Comcast bid for NBC Universal could be sealed next week: source
Nov 25, 2009 |
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Comcast's bid to buy a controlling stake in NBC Universal from General Electric could be sealed next week if GE reaches an agreement with Vivendi, a source close to the matter said Wednesday.
Time Warner Cable asks help on rising program fees
Nov 25, 2009 |
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(AP) -- Time Warner Cable Inc. is asking the public for help as it tries to curtail increases in the programming fees it has to pay to carry cable channels and broadcast stations on its systems.
AT&T and Verizon ads duel on airwaves and in court
Nov 25, 2009 |
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(AP) -- What would the holidays be without bickering between siblings? AT&T and Verizon are swamping TV with ads attacking facets of each other's wireless networks. While the ads stick fairly close to the truth, there's ...
Senators press EU to speed its Oracle-Sun probe
Nov 24, 2009 |
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(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 ...
Microsoft says cost-cutting CFO to step down
Nov 24, 2009 |
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(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 ...
Facebook creates dual-class structure, but no IPO
Nov 24, 2009 |
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(AP) -- Facebook has created a dual-class stock structure designed to give founder Mark Zuckerberg and other existing shareholders control over the company.
Barnes & Noble reports 2Q loss, cuts guidance
Nov 24, 2009 |
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(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 ...
Nokia to ax 220 R&D jobs in Japan
Nov 24, 2009 |
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(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
Nov 24, 2009 |
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(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
Nov 24, 2009 |
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(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.
Retailers look to stretch out Cyber Monday push
Nov 23, 2009 |
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(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.
HP profit jumps on cost cuts, new market expansion
Nov 23, 2009 |
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(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.
