Co-chiefs of Indian IT major Wipro resign as sales drop below estimate
India’s third largest software exporter Wipro Ltd. has announced the resignation of the joint Chief executives of its IT Business, Suresh Vaswani and Girish Paranjpe
Taliban order strict phone blackout in Afghan north
The Taliban have ordered harsh limits on the use of mobile phones in a remote area of northwestern Afghanistan, residents and officials said, a sign of the militants' increasing influence in a once peaceful area.
Jawbone Rolls Out Motion-Controlled Bluetooth Headset
San Francisco-based Jawbone has unveiled the world's first motion-controlled Bluetooth headset - a tiny computer on the ear - taking wearable devices to an entirely new level.
Euro hits 2-month high vs dollar as stocks rise
World stocks edged up on Friday but were set to post their biggest weekly drop in eight weeks on concerns that rising inflation in emerging economies could lead to aggressive policy action and hurt global growth. Spain's stocks rose. Madrid plans a partial state takeover of its weakest savings banks as it seeks to reassure investors a costly bank rescue will not weigh on its deficit, sources and ...
Facebook co-founder Eduardo Saverin invests $8 mln in Qwiki
Facebook co-founder Eduardo Saverin and YouTube co-founder Jawed Karim are investing $8 mln in Series A funding into Qwiki, a startup pioneering the information experience via on-the-fly transformation of data into rich media narratives
Obama names Immelt head of new economic panel
President Barack Obama will name General Electric Co. Chief Executive Jeffrey Immelt to head a new advisory panel focused on promoting economic growth by investing in business, the White House said on Friday.
China nationalizes 11 rare earth mines, prices to go up in global market
The Ministry of Land and Resources of China on Wednesday has brought 11 rare earth mines under states control, in order to improve the protection, utilization of the country's strategic resources and drive up prices of the element in global markets.
LG Display swings to quarterly loss on fine, LCD price fall
LG Display, the world's No.2 LCD flat screen maker, posted its first quarterly loss in seven quarters, hit by a $289 million price fixing fine and as panel prices plunged on weak demand from television makers.
General Motors to invest $540 mln in Central Mexico
General Motors will invest $540 million to build fuel-efficient engines at its plant in central Mexico.
HTC sees quarterly revenue and shipments more than double
Taiwan's HTC Corp, the world's No.4 smartphone brand, expects revenue and shipments to more than double in the first quarter of 2011, helped by a new generation of products.
LG Display warns of lower shipments after heavy quarterly loss
LG Display, the world's No.2 LCD flat screen maker, warned of lower shipments and weaker screen prices after posting its first loss in seven quarters, as it battles weak demand from television makers.
Asian stocks slide as policy worries intensify
Asian stocks tumbled and commodities paused on Friday after a recent selloff on worries that rising inflation may invite aggressive policy tightening and hurt growth in the world's growth engines like China and India.
Possible solutions to high food inflation
India's food inflation eased for the second straight week due to lower fruit and vegetable prices, data showed on Thursday, but an acceleration in headline inflation in December is likely to put pressure on the central bank to raise rates at a policy review next week.
Now, a classroom without teachers in Florida
Students in 54 Miami-Dade County Public Schools in Florida are studying in virtual classrooms where core subjects are taught entirely on computers.
Wipro IT chiefs quit; Q3 net meets f'cast
Wipro Ltd surprised markets with the resignations of the joint-CEOs of its information technology business, after reporting profit growth rates which lagged rivals Infosys Technologies LTd and Tata Consultancy Services.
Lenovo, NEC in PC joint venture talks: sources
China's Lenovo Group is in talks with Japan's NEC Corp for a joint venture in personal computers, two sources familiar with the matter said, in a deal that would help them close the gap with larger global rivals.
Verizon challenges FCC's new Internet rules
Verizon Communications took the Federal Communications Commission to court on Thursday over its new Internet traffic rules, arguing the regulator had overstepped its authority.
Verizon challenges US FCC's new Internet rules
Verizon Communications took the Federal Communications Commission to court on Thursday over its new Internet traffic rules, arguing the regulator had overstepped its authority.
Roger Ebert unveils new prosthetic chin
Roger Ebert, the longtime movie critic at the Chicago Sun Times and for decades on television, is unveiling a new facial prosthesis that will make its TV debut in his new show on Friday.
GE seen posting 14 percent rise in profit
General Electric Co is expected to report a 14 percent rise in quarterly profit on Friday, with lower credit losses at its finance arm offsetting the dulling effects of a tepid economy on heavy equipment orders.
Verizon challenges U.S. FCC's new Internet rules
Verizon Communications took the Federal Communications Commission to court on Thursday over its new Internet traffic rules, arguing the regulator had overstepped its authority.
Verizon launches first iPhone commercial (VIDEO)
Verizon, betting that its vast user network has been waiting for the iPhone to arrive, launched its first commercial touting the device on Thursday.
Analysis: Hu addresses U.S. stress over China high-tech drive
China's plan to change itself from a major manufacturer to a leading global source of innovation poses an enormous challenge for U.S. companies whose competitive edge depends on coming up with the next big idea.
Obama's speech on 50th Kennedy Inauguration Anniversary (FULL TEXT)
The following is a White House transcript of remarks by President Barack Obama as delivered at the 50th Anniversary of John F. Kennedy's Inauguration, at the Kennedy Center in Washington D.C., on January 20, 2011.
China rate concerns roil stocks, commodities fall
Global equities and commodity prices fell on Thursday after robust Chinese economic growth prompted fears the world's second-largest economy would try to choke off excessive demand that is fueling inflation.
Exclusive: Hughes Communications up for sale: sources
Hughes Communications Inc , majority owned by private equity firm Apollo , has hired Barclays Capital to advise on a sale of the company, people familiar with the matter said.
HSBC cuts 500 U.S. jobs, pares credit card work
HSBC Holdings Plc is laying off about 500 employees as it ends credit card customer service and collections work at a center in New Castle, Delaware.
Michael Jackson estate sues memorabilia vendor
Michael Jackson's estate on Thursday sued a businessman who has teamed up with the singer's mother to market memorabilia related to the late king of pop on the Web site jacksonsecretvault.com.
Verizon challenges FCC's new Internet rules
Verizon Communications took the Federal Communications Commission to court on Thursday over its new Internet traffic rules, arguing the regulator had overstepped its authority.
Apple tightens the screws on iPhone 4: sources
Apple Inc is giving a whole new meaning to locking your phone with its new screws.