Best Buy Co. (NYSE: BBY) is not having a good week.
Standard & Poor's Ratings Services said Monday afternoon that it lowered its corporate credit rating and other ratings on Best Buy Co., Inc. (NYSE: BBY) from "BBB-" to "BB+," or junk status.
Best Buy Co., Inc. (NYSE: BBY) founder Richard Schulze, who stepped down as chairman this year, offered to take the troubled electronics retailer private at $24 to $26 a share?
Is Best Buy Co. Inc. (NYSE: BBY) about to lose its stock exchange ticker symbol and become a private company? Some traders think it's imminent.
Jury selection is due to begin on Monday in the United States in a high stakes patent battle between Apple Inc (AAPL.O) and Samsung Electronics Co Ltd (005930.KS), the culmination of over a year of pretrial jousting with billions of dollars in the balance.
According to court documents, submitted by Samsung as part of its legal battle against rival Apple, the South Korean tech giant is planning at least two potential Windows Phone 8 devices.
In the wake of the release of Samsung's healthy financial results for the second quarter of 2012, research firm IDC let out a new report saying that the South Korean tech giant's smartphone division is considerably ahead of its arch rival Apple and the rest of the competition.
Samsung Electronics Co, the world's largest maker of mobile phones, reported a second quarter net income of 5.19 trillion won ($4.4 billion), up from 3.51 trillion won in the same period earlier year, aided by sales of Galaxy smartphones.
Much to everyone's astonishment, an owner of the new Samsung Galaxy S3 in Ireland reported late last month that his brand new phone exploded with an audible bang. According to Samsung, it was not the phone but an external energy source that should be blamed for the explosion.
According to a latest report, Samsung is going to unveil the Galaxy Note 2 in August With features including a 5.5-inch display, 12MP camera and Android 4.1 Jelly Bean.
Best Buy Co. Inc. (NYSE: BBY) is returning to China, but this time the world's largest electronics retailer is returning as a smaller version of its previous self.
As the much-anticipated Galaxy S3 phone is being rolled out, signs of Samsung's largest-ever marketing campaign are starting to appear in New York -- interactive signs.
With the next generation iPhone still months away, though the smartphone battle for the Galaxy S3 seems to be an easy win, Motorola is rumored to be readying Droid RAZR HD to challenge Samsung's dominance.
Richard Schulze, the founder and largest shareholder of Best Buy Co. (NYSE: BBY), the biggest U.S. electronics chain store, told the company's board Thursday he is resigning, effectively immediately. A reason for the abrupt departure was not publicly disclosed.
Shares in South Korea's Samsung Electronics extended their heavy slide on Thursday, on speculation that arch rival Apple Inc is looking to cut its reliance on Samsung memory chips and turn increasingly to Japanese chipmaker Elpida.
Lucky customers, who have pre-ordered their Galaxy S3 from certain Samsung stores in the U.K, will get their hands on the device the eve before the official May 30 release date.
After reporting record profit for the first quarter of 2012, South Korean tech giant Samsung Electronics has achieved yet another outstanding feat. The company has become the world's number one handset vendor, thereby ending Finnish firm Nokia's 14-year run as the global leader, according to a latest research from Strategy Analytics.
As far as the name and features of the new Galaxy phone is concerned, the Korean electronics giant had managed successfully to keep them under wraps until Thursday when senior vice-president Robert Yi revealed the name of what the company calls its Next Galaxy. And, yes, we predicted it right, the names is indeed Samsung Galaxy S3!
Samsung enthusiasts have been so distracted by event announcements and teasers for the Galaxy S3 that they have lost sight of the fact they probably won't get their hands on the device until at least June.
Samsung's first teaser about the Galaxy S3 reveals nothing. The Destination: tgeltaayehxnx. is a website containing a countdown clock that has two teasers showing technology that fits easily in your hand. Meanwhile, Amazon Germany has revealed Galaxy S3 features that include 4.7in Super AMOLED touchscreen, Android 4.0 Ice Cream Sandwich (ICS), a 12MP rear camera with autofocus, LED flash and face detection and 16GB of internal storage expandable to 32GB and a $786 price tag.
After the South Korean tech giant Samsung sent out press invites to an event for the launch of its much-hyped Galaxy S3 smartphone on May 3 in London, it was thought that the rumors about the device would slow down gradually. But contrary to the general belief, even more ambitious rumors have been surfacing online over the past few days.
At a time when smartphone world is filled with the buzz of Apple's and Samsung's coming up flagship models, Intel Corporation has joined hands with a non-US company - Lava International - to launch their first smartphone in the market.
