Struggling phone maker Nokia Oyj basked in brightening prospects for its much-hyped Windows phone on Thursday as it prepared to strengthen the hand of new boss Stephen Elop by replacing its old-guard chairman.
The Nano is not a flop, its creator Ratan Tata said on Thursday, but he acknowledged that his Tata Motors failed to capitalise on the early excitement surrounding the launch of the world's cheapest car.
A slowdown in car sales in India is seen as a passing phase and automakers expect demand to pick up once high interest rates start easing and growth in Asia's third-largest economy bounces back.
In a letter to the U.S. Department of State, six lawmakers, including five Republicans and a Democrat, stated the government should investigate whether Huawei - the world's second largest telecommunications equipment maker - had violated the law by providing sensitive technology to the Iranian government.
Apple Inc. is expected to release iPad 3 anytime in the next two months, as reports and analysts forecast suggest February to March time frame.
The Washington Governor Chris Gregoire supports same-sex marriages and wants to legalize it. The 64-year-old democrat announced that she believes in equality and would introduce a bill to legalize same-sex marriages in Washington. It's time, it's the right thing to do, and I will introduce a bill to do it, Gregoire said in a statement posted on her Web site. I say that as a wife, a mother, a student of the law, and above all as a Washingtonian with a lifelong commitment to equa...
HTC Amaze 4G, which was released in October for T-Mobile, is expected to face immense pressure from Samsung Galaxy S2, which is considered to be the best Android smartphone yet.
Jefferies & Co. downgraded its rating on shares of Yahoo Inc. (NASDAQ: YHOO) to hold from buy with a price target of $18, after the company announced the appointment of PayPal's President Scott Thompson as new chief executive officer and director effective Jan. 9.
Google's patent portfolio just got stronger. The software corporation managed to acquire over 200 patents from IBM Corp.
Apple Inc has appointed Adobe Systems Inc's Todd Teresi to head its iAd mobile-advertising business, Bloomberg said, citing three people with knowledge of the matter.
A German citizen was charged Wednesday with setting dozens of fires across Los Angeles over the New Year's weekend in a spree an arson investigator said was motivated by a rage against Americans.
Connecticut's attorney general is investigating a possible data breach in which Wells Fargo & Co may have disclosed customer Social Security numbers as part of a fraud investigation.
Text-messaging has long been a big-time profit generator for U.S. mobile operators, but they now risk losing these profits as consumers find cheaper ways to communicate.
2011 proved to be a sterling year for silver, according to recently released figures from the Silver Institute.
Blackstone Group LP will conclude fundraising for its latest buyout fund in January, raising just over $16 billion, three people familiar with the matter said on Wednesday, in a 4-year process challenged by the global financial crisis.
Fertilizer producer Mosaic posted a higher-than-expected quarterly profit as higher prices helped offset a dip in phosphate sales and flat potash volumes.
The United States auto industry put a cap on its best year since crumbling to unforeseen depths in 2008, as the Big Three auto companies all reported strong December sales that met or exceeded analyst estimates.
Verizon Wireless said it expects to report a decline of up to 6 percentage points in its fourth quarter profit margins as costs rose on strong sales of Apple Inc iPhone and other devices.
The surprise departure of PayPal President Scott Thompson from eBay Inc could seriously set back any moves to spin-off the payments business as a separate company, investors and analysts said on Wednesday.
Seagate Technology Inc forecast stronger-than-expected second-quarter revenue and expects sequentially higher shipments in the third quarter, as the hard disk drive maker recovered from the supply chain disruptions caused by the Thailand floods.
Advertising packages reportedly sold for six-figures or low seven-figures, a far cry from the $3.5 million it costs for a 30-second slot on TV.
Mainland China and 21 other countries will finally launch sales for Apple's most advanced smartphone, the iPhone 4S, on Friday, Jan. 13. The phone will be available in black and white and will sell at the same prices as in the U.S.
Comcast Corp, the largest U.S. cable operator, and Walt Disney Co on Wednesday said they had reached a comprehensive 10-year programming carriage deal for TV, Web and handheld devices.
Nevertheless, Netflix shares are down significantly from the 52-week high of $304.79.
After receiving tepid reviews for his first book of fictional short stories, actor James Franco has sold his debut novel to Amazon Publishing, a spokeswoman said Wednesday.
Securities regulators charged an Illinois-based investment adviser on Wednesday with using LinkedIn and other social media networking websites to lure investors by offering more than $500 billion in fake securities.
The settlement will require AT&T to pay at least $215 million to TiVo by June 2018, $51 million of which must be paid upfront.
Shares of imaging pioneer Eastman Kodak plunged nearly 30 percent Wednesday after a report from the Wall Street Journal the company might seek to file for bankruptcy “in coming weeks.”
Royal Dutch Shell officials announced they are working to patch a second oil leak in Nigeria, which they attribute to sabotage.
On Tuesday, Delta became the first airline to add a surcharge on flights to and from Europe after the EU's Emissions Trading Scheme went into affect.
