News Corp. set to sell MySpace
Despite having recorded a two-fold jump in the second quarter earnings from a year ago, News Corp. seems to be in no mood to carry on the load of MySpace and is set to sell the social networking site.
AT&T To Unveil Mobile Hotspot App For Smartphones
AT&T is set to unveil a new mobile hotspot application that lets smartphone customers tether multiple devices via Wi-Fi connection. The feature will first be available on February 13 to select smartphone customers, starting with the launch of HTC Inspire 4G, the company said.
Sony profit on track, but hit products lacking
Cost-cutting is keeping Sony Corp's profits on track for its full-year target but investors say more inspiration and a hit product is needed to restore growth to a company once a symbol of Japan's high-tech might.
Vodafone nudges up year profit outlook
Strong demand in India and improving conditions in Europe helped Vodafone , the world's largest mobile operator by revenue, to post higher third-quarter service revenues and nudge up its profit forecast for the year.
Deutsche Bank reaffirms year goal after Q4 charges
Deutsche Bank said it remained confident it would meet 2011 targets after packing a raft of restructuring charges into fourth-quarter earnings.
Futures see little change on Wall Street open
Stock index futures pointed to a quiet open for Wall Street on Thursday, with futures for the S&P 500 and the Dow Jones up 0.1 percent, and Nasdaq futures down 0.1 percent at 4:34 a.m. ET.
Stocks slip, oil surges on Egypt turmoil
World stocks fell and oil surged above $103 a barrel on Thursday as violence in Egypt escalated, adding to concerns about inflationary pressures which could threaten the global economic recovery.
Vodafone nudges profit outlook higher
Strong demand in India and improving conditions in Europe helped Vodafone , the world's largest mobile operator by revenue, to nudge its outlook higher and post third-quarter service revenues at the upper end of forecasts.
Deutsche Bank reaffirms FY goal after Q4 charges
Deutsche Bank said it remained confident it would meet 2011 targets after packing a raft of restructuring charges into fourth-quarter earnings.
*Joseph Gordon-Levitt joins 'The Dark Knight Rises'
He will join his 'Inception' director in the Batman movie
Instant view: Sony Q3 op profit falls, TVs and yen weigh
Sony Corp's operating profit fell 5.9 percent in October-December, hurt by a stronger yen and tough price competition in the market for flat TVs, although it beat analysts' expectations.
BT reports 188k broadband net adds in Q3
British telecommunications company BT Group plc reported its highest share of DSL broadband net additions for eight years and said pretax profit for the third quarter more than doubled from last year.
Sony set for lower Q3 profit, TV price dip hurts
Japan's Sony Corp <6758.T> is expected to post a 15 percent fall in profit for October-December on Thursday, hurt by a stronger yen and tough price competition in the market for flat TVs.
Sony Q3 profit falls 5.9 percent, keeps forecasts
Japan's Sony Corp <6758.T> posted a 5.9 percent fall in October-December operating profit on Thursday as a price war hit its television unit and a stronger yen weighed, but it beat analysts' expectations.
e-Books coming to Canadian public libraries
Canadian schools and colleges will soon stop worrying about adding books to its libraries, as they will have access to thousands of eBooks from Random House of Canada through a partnership with OverDrive.
American journalists face mob fury in Cairo
Anderson Cooper, Christiane Amanpour had to flee when the mob turned on them
Sharp 9-month operating profit nearly triples, outlook kept
Japan's Sharp Corp posted a near tripling in nine-month operating profit on a jump in television sales ahead of the reduction of government subsidies in its home market, and kept its annual outlook unchanged.
Sony's operating profit falls, keeps forecasts
Japan's Sony Corp posted a 5.9 percent fall in October-December operating profit on Thursday as a price war hit its television unit and a stronger yen weighed, but it beat analysts' expectations.
CBI arrests ex-telecoms minister Andimuthu Raja
The Central Bureau of Investigation (CBI) on Wednesday arrested former telecoms minister Andimuthu Raja over a massive graft scam, officials said, a huge blow for Prime Minister Manmohan Singh and efforts to pass bills in the parliamentary budget session.
Oil jumps on deadly Egypt clashes, inflation
Oil prices surged past $103 on Thursday as pro-democracy protests in Egypt turned violent, while commodities markets raced even higher, adding to worries of mounting inflationary pressures could threaten the global economic recovery.
India services PMI up modestly, input prices at 30-mth high
Business activity in India's services sector grew at a faster clip in January than in the previous month, boosted by new orders and expectations of solid growth, but costs also soared, a survey showed on Thursday.
Sony profit drops as TVs erase gaming gains
Japan's Sony Corp posted a 5.9 percent fall in third-quarter profit on Thursday as a price war hit its TV unit and a stronger yen weighed, and lowered its revenue forecast on slower-than-expected TV sales.
Sony's profit drops as TVs erase gaming gains
Japan's Sony Corp posted a 5.9 percent fall in third-quarter profit on Thursday as a price war hit its TV unit and a stronger yen weighed, and lowered its revenue forecast on slower-than-expected TV sales.
Sony Q3 profit drops as TVs erase gaming gains
Japan's Sony Corp posted a 5.9 percent fall in third-quarter profit on Thursday as a price war hit its TV unit and a stronger yen weighed, and lowered its revenue forecast on slower-than-expected TV sales.
Internet to run out of numerical addresses in next few hours
The internet is running out of IP addresses in few hours from now. The last five blocks of IP each with 16.8 million addresses, are to be distributed on Thursday by the Internet Assigned Numbers Authority to regional registries around the world, according to Associated Press reports.
Berlusconi MP caught ogling at escort website on iPad during debate
A member of the Viagra-fueled Italian government led by Italian Prime Minister Silvio Berlusconi was caught ogling at escort girl's website on his iPad during a no-confidence debate on Wednesday.
Prosecutors widen currency probes: report
Prosecutors assisted by whistleblowers are widening an investigation into whether banks overcharged public pension funds in the United States by tens of millions of dollars for foreign-exchange transactions, the Wall Street Journal reported.
Japanese stocks ease amid Egypt unrest
Japanese stocks eased on Thursday as escalating violence in Egypt prompted investors to move to safer assets, while commodities extended their recent gains, underscoring growing inflationary pressures that could threaten the global economic recovery.
Kinder Morgan to file IPO terms Thursday: source
Private equity-backed pipeline company Kinder Morgan is expected to file terms for its initial public offering before U.S. markets open on Thursday, a source familiar with the situation said.
Record snow seen hurting January retail sales
Retailers will shed light on the impact of inclement weather on their initial spring sales when they report figures for January on Thursday.