Business news
iPhone's debut in S.Korea means paradigm shift: experts
13 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.
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.
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.
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 ...
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.
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.
AOL offers buyouts to over a third of work force
Nov 19, 2009 |
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(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.
Gartner forecasts 2.8 percent growth in PC sales in 2009
Nov 23, 2009 |
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Worldwide sales of personal computers, which had been forecast to decline this year, will instead post modest gains, Gartner research group said Monday.
Intel settles AMD claims but isn't off the hook
Nov 12, 2009 |
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(AP) -- Intel Corp. is paying Silicon Valley rival Advanced Micro Devices Inc. $1.25 billion to squash a legal battle over Intel's sales tactics, a rift that led to antitrust charges against Intel in several ...
