Business news

GE, Vivendi deal paves way for NBC sale to Comcast (AP)

GE, Vivendi deal paves way for NBC sale to Comcast

Technology / Business

created 2 hours ago | popularity not rated yet | comments 0

(AP) -- General Electric Co.'s agreement to buy out the rest of NBC Universal paves the way for it to sell control of the TV and movie company to Comcast Corp. in a deal that promises to reshape the entertainment ...


Sharp shows plant making 10th generation panels (AP)

Sharp shows plant making 10th generation panels

Technology / Business

created 18 hours ago | popularity 4 / 5 (1) | comments 1

(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.


Online retailers rev up deals to keep up momentum (AP)

Online retailers rev up deals to keep up momentum

Technology / Business

created 16 hours ago | popularity not rated yet | comments 0

(AP) -- Retail Web sites kept amping up the deals Monday, the first day after the Thanksgiving holiday, to try to maintain the long weekend's strong online sales.


Holiday shopping off to mildly encouraging start (AP)

Holiday shopping off to mildly encouraging start

Technology / Business

created 18 hours ago | popularity not rated yet | comments 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 ...


The iconic smartphone hits stores having already shifted more than 50,000 units in pre-sale orders

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

Technology / Business

created Nov 28, 2009 | popularity 4 / 5 (1) | comments 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.


Lenovo buying back mobile phone business

Technology / Business

created Nov 27, 2009 | popularity not rated yet | comments 0

(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 (AP)

Apple's iPhone set to make splash in South Korea

Technology / Business

created Nov 27, 2009 | popularity not rated yet | comments 0

(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 (AP)

Facebook creates dual-class structure, but no IPO

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created Nov 24, 2009 | popularity 1 / 5 (1) | comments 0

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


The logo of NBC studios in Burbank, California

Comcast bid for NBC Universal could be sealed next week: source

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created Nov 25, 2009 | popularity not rated yet | comments 0

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

Technology / Business

created Nov 25, 2009 | popularity 5 / 5 (1) | comments 0

(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 ...


Intel settles AMD claims but isn't off the hook (AP)

Intel settles AMD claims but isn't off the hook

Technology / Business

created Nov 12, 2009 | popularity 4.3 / 5 (9) | comments 4

(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 ...


Senators press EU to speed its Oracle-Sun probe

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created Nov 24, 2009 | popularity not rated yet | comments 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 ...


Microsoft says cost-cutting CFO to step down

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created Nov 24, 2009 | popularity not rated yet | comments 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 ...


Nokia to ax 220 R&D jobs in Japan

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created Nov 24, 2009 | popularity not rated yet | comments 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

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created Nov 24, 2009 | popularity not rated yet | comments 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.