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The new Nokia N8 smartphone is displayed in Espoo, Finland

Should Nokia Adopt Android or Windows Phone 7?

With dwindling market share for Symbian and growing smartphone competition may force Nokia to adopt either Google's Android Operating System or Windows Phone 7 in a bid to regain its lost marketshare in the smartphone space.
A holiday shopper passes a sale sign at a clothing store in New York

Holiday Shoppers Spend $27.5 Bln Till Date: comScore

Online spending in the United States rose 12 percent to $27.5 billion till date this holiday shopping season. Free Shipping Day punctuated an exceptional week in which consumers spent more than $5.5 billion online, representing a 14 percent increase from last year, research firm comScore said.
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Dell Hits Snags In VenuePro Rollout

Dell Computer has run into some hiccups delivering its VenuePro Smartphone, but is offering anyone who ordered one before Dec. 14 a free set of headphones.
A woman walks out of AOL offices in New York

AOL expands advertising offering, buys Pictela

AOL Inc. announced its acquisition of New York-based content marketing platform startup Pictela to bolster its advertising offering. Terms of the deal were not disclosed. Pictela is a platform for distributing videos, photos and applications across the Web in real time.
Newcastle United owner Mike Ashley leaves after an annual general meeting of Sports Direct

Sports Direct Results Get World Cup Boost

UK retailer Sports Direct International Plc (LON: SPD.L), controlled by Newcastle United owner Mike Ashley, reported a 73 percent rise in pretax profits for the first half as the World Cup and strong online sales drove revenue growth.
Rich Americans set to spend more on holiday gifts

NRF Ups Holiday Sales Forecast To 3.3 Pct

The National Retail Federation (NRF) raised its holiday sales forecast to 3.3 percent, or $451.5 billion, from 2.3 percent, saying stock market gains and income growth combined with great deals on merchandise have given consumers the capacity to spend.
Consumer watchdog protests online GST proposal

SuperGroup H1 profits soar as revenue rises 65 pct

SuperGroup, the owner of Superdry brand, reported a 86 percent rise in pretax profit for the first half on strong sales growth at its retail and wholesale segments. But, the British fashion retailer warned rising raw material prices may affect gross margins in the next financial year.
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Wall Street up on retail sales

U.S. stocks rose on Tuesday after surprisingly strong November retail sales boosted optimism about consumer spending in the holiday shopping season, even as the Federal Reserve issued yet another cautious statement about the economy.
Holiday shoppers browse Macy's department store in New York City

US retail sales rose in November

U.S. retail sales continued to rise in November for the fifth month, boosted by holiday shopping as well as fuel prices, the U.S. Commerce Department said.

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