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A Facebook logo is displayed on Kodak photo kiosk during the 2012 International Consumer Electronics Show (CES) in Las Vegas

Facebook Faces Daunting Challenge in Asia

Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.

Electronics Giant, Sony, Warns of Yearly Loss

A Sony logo is seen at an unveiling of the company's head mounted display "Personnal 3D Viewer HMZ-T1", in Tokyo
Ailing Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected $2.9 billion annual loss, presenting a daunting task for incoming CEO Kazuo Hirai, who vowed to move quickly to turn things around.

Analysis: Facebook's Daunting Asian Challenge

Employees work in the international user operations area at the new headquarters of Facebook in Menlo Park
Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.
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Qualcomm Inc. (NASDAQ: QCOM)

Qualcomm Handily Beats Street; Shares Rise

Qualcomm Inc's quarterly profit easily beat Wall Street forecasts and the wireless chip leader raised its full-year financial targets due to growing demand for smartphones such as Apple Inc's popular iPhone.
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Japan Snowstorm Kills 52, Injures 600 and Collapses Steel Bridge

At least 52 people are dead and nearly 600 injured after a massive snowstorm battered Japan, dumping some 10 feet of snow on its western coast. The storm, said to be the worst snowstorm in six years, caused at least one steel bridge to collapse and forced school closures in towns and cities across the region.
The crippled Fukushima Daiichi nuclear power plant's No.4 reactor building is seen in Fukushima prefecture, in this handout picture Jan. 14, 2012. on January 14, 2012.

No Big Fukushima Health Impact Seen: U.N. Body Chairman

The health impact of last year's Fukushima nuclear disaster in Japan appears relatively small thanks partly to prompt evacuations, the chairman of a U.N. scientific body investigating the effects of radiation said on Tuesday.
Hirai President and Group CEO of Sony Computer Entertainment presents new Sony S and P tablets at IFA consumer electronics fair in Berlin

Sony Names Hirai President and CEO, Replacing Stringer

Sony Corp named Vice President Kazuo Hirai as president and CEO, replacing Howard Stringer who will step down from day-to-day management in a long-expected change for a company struggling to regain its driving force in consumer electronics.
A man looks around Sharp's TV sets at an electronics store in Tokyo

Japan's Sharp Forecasts $3.8 Billion Loss

Japanese electronics maker Sharp said Wednesday it expected a full year net loss of $3.8 billion as it was confronting a slump in the sales of LCD color televisions and solar batteries.
An Exxon gas station is pictured in Arlington, Virginia January 31, 2012.

ExxonMobil: Q4 Earnings Largely Due To Europe Weakness

ExxonMobil vice president of investor relations David Rosenthal said his company's lower than expected earning figures are largely due to lingering global economic weakness in Europe which hurt the U.S. economic recovery and prompted declines in industry and chemical refining.
PS Vita

PS Vita Price Drop: Why Sony Might Cut PlayStation Games' Sale Price

Although plenty of early-adopters worldwide have already pre-ordered the Play Station Vita (http://www.ibtimes.com/articles/289809/20120130/ps-vita-games-price-release-date-playstation.htm) for $349.99, optimistic penny-pinchers may want to hold their breath, in the hopes that Sony or its retailers will drop the price in the weeks following the PS Vita's global release on February 22nd.
Customers look at Samsung Electronics' Galaxy S II LTE smartphones on display at a shop in Seoul

German Court Upholds Ban of Samsung's Older Tablet

Samsung Electronics lost a bid to overturn a ruling barring its local unit from selling its Galaxy 10.1 tablets in Germany, handing a symbolic legal victory to Apple Inc in efforts to keep its lead spot in the tablet computer market.
Toshiba

Toshiba Cuts Outlook after Profit Tumbles

Toshiba Corp., Japan's biggest chip maker, booked a 72 percent fall in quarterly operating profit on Tuesday and slashed its annual profit forecast as a strong yen and the Eurozone debt crisis hit profits.
A view shows Toshiba Corp's logo at the fourth International Photovoltaic Power Generation (PV) Expo in Tokyo

Toshiba's 4Q Plunges, Outlook Slashed

Toshiba Corp., Japan's biggest chip maker, booked a 72 percent fall in quarterly operating profit on Tuesday and slashed its annual profit forecast as a strong yen and the Eurozone debt crisis hit profits.

Nikkei Ends Flat, but Has Best January in 13 Years

Japan's Nikkei share average ended nearly flat on Tuesday, but logged its best January performance in 13 years as investors remained optimistic that the U.S. economic recovery could offset disappointing domestic corporate earnings.
Asian Stocks

Asian Shares Recover on Greek Debt Hope

Asian shares and the euro rose on Tuesday after Greek Prime Minister Lucas Papademos raised hopes that a deal would be reached this week to avoid a potentially chaotic debt default, but worries over Portugal's refinancing ability capped gains.
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Nikkei Heads for Best January Performance in 13 Years

Japan's Nikkei share average was on track to snap a three-day losing run Tuesday and headed for its best January performance since 1999, as investors took cues from optimism about the U.S. economy and shrugged off weaker corporate earnings results.
The Standard and Poor's building in New York

S&P Warns G20 Nations of Downgrade over Health Costs

Ratings agency Standard & Poor's warned Monday that it may downgrade "a number of highly rated" Group of 20 countries in 2015 if their governments fail to enact reforms to curb rising health-care spending and other costs related to aging populations.
A visitor walks on the Luanling section of the Great Wall, in Huairou District

China Loses Appeal at WTO of Export Restrictions

China lost an appeal at the World Trade Organization on Monday in a case about its export restrictions on raw materials, a ruling that could make it harder for major commodity exporters to withhold supplies on the global market.

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