Incoming CEO Kazuo Hirai aims to re-shape Sony Corp by linking hardware and software through online networks -- a model he used at its PlayStation unit -- dismissing any suggestion the battered brand would revert to a gadget-centered strategy under his management.
Incoming Sony CEO Kazuo Hirai aims to re-shape the company by linking hardware and software through online networks - a model he used at the PlayStation maker's computer entertainment unit.
Toyota Motor Corp. will add 400 jobs at its Indiana plant to produce the hybrid version of its Highlander sport-utility vehicle, shifting production of the SUV from Japan to the United States.
Nissan Motor Co is on track to be the most profitable of Japan's three big automakers this year, after record car sales last year and improved market share in every major region pushed up quarterly operating profit.
Canadian researchers from the University of Western Ontario claim they have developed a promising HIV vaccine, which has received the green light by U.S. FDA officials to begin testing the vaccine on humans.
Toyota Motor Corp. raised its full-year net income forecast Tuesday by more than a third, as the Japanese automaker has cut costs and spending and as newer vehicles have bumped up sales.
Apple has been sued by Proview Technology for allegedly infringing upon their trademarked iPad name, and the Hong Kong-based company stands to win $1.6 billion and an apology from the world's biggest tablet maker.
Coca-Cola (NYSE:KO), the giant beverage maker, said on Tuesday that net income fell 71 percent in the fourth quarter on substantial restructuring charges, but increased beverage sales beat Wall Street expectations, and it announced a cost cutting plan to pay for rising commodity costs and bolster its brands.
Iranian buyers have defaulted on payments for about 200,000 tonnes of rice from their top supplier India, exporters and rice millers said on Tuesday, a sign of the mounting pressure on Tehran from a new wave of Western sanctions.
Toyota Motor Corp reported a stronger-than-expected quarterly operating profit, shrugging off a firm yen and the damaging impact of flooding in Thailand, and raised its annual forecast, helped by cost cuts and Japanese government subsidies.
Toyota Motor Corp reported a stronger-than-expected quarterly operating profit and raised its annual forecast on cost cuts and Japanese government subsidies, though this is still some way below analysts' expectations.
Toyota Motor Corp reported on Tuesday a forecast-beating 51 percent rise in quarterly operating profit, defying the impact of a strong yen and Thai floods, and lifted its cautious annual forecasts closer to market expectations.
Shares of Micron Technology fell 3 percent Monday after the chipmaker appointed Mark Durcan, president and COO, to the top spot.
Japan's Mitsubishi Motors Corp <7211.T> said it will end production at its only western European plant, in the Netherlands, at the end of this year, a move that was expected as its sales in Europe have dropped to a third of their peak.
Cornelius Smith is being charged with aggravated burglary and vandalism stemming from an incident on November 18th. Smith, of Chattanooga, Tennessee, stole all of his ex-girlfriend's under garments, as well as her TV and DVD player.
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.
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.
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.
Japan's ailing electronics giant, Sony Corp (6758.T), warned investors on Thursday it was heading for a worse-than-expected $2.9 billion annual loss, revealing the daunting task ahead for its incoming chief executive, Kazuo Hirai.
The incoming new chief of Japan's Sony Corp will confront the enormity of his task to turn around the business on Thursday, when the humbled electronics icon is expected to show it is headed for its fourth straight annual loss.
Amazon.com Inc's shares slid 12 percent in early trade on fears that heavy spending would hurt the retailer's profits even as revenue growth falls short of Wall Street expectations.
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.
