Vice President Joe Biden began his six-day state visit to China, where he is expected to talk to leaders about a number of U.S.-Sino issues, including debt and Taiwan.
Sony Computer Entertainment (SCE) made a surprising announcement on Tuesday at the Gamescom conference in Germany that the company will be lowering the worldwide price of its PlayStation 3 (PS3) by another $50.
After losing out in the titanic $4.5 billion bid for Nortel Networks against Apple and the gang of five, Google has resurged with its latest acquisition of Motorola. The search giant lost out in obtaining 6,000 patents from the Nortel deal, but the $12.5 billion Motorola purchase will make up for the loss with over 17,000 patents packaged in the deal.
Google's monster purchase of Motorola Mobility has made it clear: The digital future is all about portability.
Google's $12.5 billion purchase of Motorola Mobility Holdings, widely considered a mobile phone also-run, took the technology world by surprise on Monday.
Regeneron Pharmaceuticals Inc said U.S. health regulators extended the review of its experimental eye drug by three months, sending its shares down 6 percent in extended trade.
Google buying Motorola might be big technology news, but it?s not nearly as fun as a pair of sunglasses that can open a beer bottle.
Samsung Galaxy S2's beefed-up 4G LTE version, which first reared its head in Korea is back in the limelight, as pictures of the phone were released by Japanese site Amelbo.
In a significant development for the mobile technology industry, Google (NASDAQ:GOOG) has agreed to buy Motorola Mobility (NYSE:MMI) for $12.5 billion, or $40 a share, in cash to defend its Android ecosystem.
Google Inc.'s biggest deal ever, acquiring Motorola Mobility Holdings Inc for $12.5 billion, is an attempt to buy insurance against increasingly aggressive legal attacks from rivals such as Apple Inc.
The acquisition of one of the mobile telecommunications industry's most storied names is Google co-founder Larry Page's boldest move since taking over as CEO in April, launching the Internet giant into a lower-margin manufacturing business and pitting it against many of the 38 other handset companies that now use its Android software.
Brent crude for September fell 26 cents to $109.65 by 3:57 a.m. GMT, after falling to as low as $109.23 earlier. U.S. crude was down 34 cents at $87.54 a barrel.
Shares on Wall Street rose with oil prices on Monday as acquisition news and stronger-than-expected economic data in Japan led markets to steadily forge ahead after last week's wild swings.
U.S. regulators and generic drugmakers have reached a compromise agreement for a user-fee program that would require the companies to pay some $299 million in the first year to accelerate drug approvals.
The stock market made it three up days in a row Monday, thanks to slew of acquisitions that has observers wondering if Wall Street is getting back its Mojo.
U.S. solar company Evergreen Solar Inc filed for bankruptcy on Monday, its once cutting-edge technology falling victim to competition from cheaper Chinese rivals and to solar subsidy cuts in Europe.
South Africa is in the midst of a massive waves of strikes by tens of thousands of workers across many industries which threaten to paralyze the national economy.
Under the deal, Motorola Mobility will remain licensee of Android, which will stay open and available for use by other hardware manufacturers at no cost.
Republican presidential candidate front-runner Mitt Romney said Monday he likes Texas Governor Rick Perry. But Romney said he's the best at creating jobs.
The Swiss franc dropped to two-week lows against the euro and dollar on Monday on speculation the Swiss National Bank could further act to curb strength in the currency by setting an exchange rate target as early as this week.
After being pushed into a corner by the Rockstar consortium which acquired a portfolio of 6,000 patents from Nortel Networks, Google has upped the ante in the smartphone arena by acquiring Motorola Mobility for $12 billion.
With recession fears weighing on equity markets, resource investors would do well to steer clear of speculative Canadian mining plays and put their cash into producing miners with strong balance sheets.
