Borders Group Inc's electronic bookstore went live on Wednesday, and the company set an ambitious target to secure 17 percent of the digital book market in one year, sending its shares up more than 9percent.
Borders electronic bookstore went live on Wednesday, and the head of the company's bookselling business predicted that it would quickly win a sizable piece of the fast-growing sector.
Samsung Electronics' record quarterly profit failed to please investors as a weak European economy looks set to weaken demand for flat screens and chips, hurting profitability at the world's largest memory chipmaker.
Borders Group Inc launched its long awaited electronic bookstore on Wednesday, along with applications for the store on several leading smartphones in a bid to catch up to rival booksellers and generate sales in the fast growing e-book segment.
Samsung Electronics , the world's No.1 memory chip maker, is set to see slower growth in the second-half as the euro zone crisis weakens demand for flat screens and chip prices are likely to ease.
U.S. software giant Microsoft Corp is planning to cut a small number of jobs as early as this week, the Wall Street Journal said, citing a person familiar with the matter.
Borders Group Inc's electronic bookstore went live on Wednesday and the head of its bookselling business predicted that it would quickly catch up with rivals and win a piece of the fast growing e-books sector.
Samsung Electronics, the world's No.1 memory chip maker, said it was on course to report a record quarterly profit, powered by robust sales of memory chips and flat screens in a strong consumer electronics market.
Samsung Electronics, the world's No.1 memory chip maker, said it was on course to report a better-than-expected record quarterly profit, but second-half growth may falter as the euro zone crisis weakens handsets.
Samsung Electronics, the world's No.1 memory chip maker, said it was on course to report a record quarterly profit, powered by robust sales of memory chips and flat screens in a strong consumer electronics market.
Sony Corp has cut the price of its Reader devices, joining an electronic-reader price war between Amazon.com Inc and Barnes & Noble Inc.
As Rupert Murdoch, Bob Iger and other media honchos assemble in Sun Valley this week for some fly-fishing or white water rafting, spirits should be brighter than a year ago: stock prices are up by about a third, after all.
Nigerian President Goodluck Jonathan said on Tuesday hundreds of posts on his Facebook page had helped persuade him to reverse his suspension of the national soccer team from international competitions.
U.S. stock index futures pointed to a rise of more than 1 pct at the open on Tuesday on signs of strength in Europe's banking system and ahead of a $22 billion initial stock offering by the Agricultural Bank of China, set to be the biggest-ever IPO.
The busy thumbs of Dutch politicians were silenced on Tuesday after advisors overseeing cabinet formation talks called for a ban on Twitter use during difficult negotiations.
U.S. DVD rental service Netflix Inc said it has signed a deal with media company Relativity Media LLC to stream major theatrical movies to Netflix customers before they are shown on premium pay-television channels.
Samsung Electronics' second-half performance might be hit by weak European markets, and the launch of its new smartphones is key as the world's No. 1 memory chipmaker is set to report a record quarterly profit.
Apple is missing out on an opportunity to further expand in China, the Financial Times reported late on Sunday, citing Lenovo's Chairman Liu Chuanzhi.
Glam pop singer Lady Gaga is on the brink of becoming the first living person to have 10 million fans on a single social networking site, having already overtaken U.S. President Barack Obama on Facebook, a British group that measures online popularity said on Friday.
Apple Inc came clean on Friday about an embarrassing software glitch that overstates network signal strength in its hot-selling iPhone, as complaints mounted about the phone's wraparound antenna.
Nokia is committed to get back the No.1 position in smartphones and plans to use no other software than Symbian and Linux MeeGo, head of its mobile solutions unit said on Friday. It's my aim to ensure Nokia stays as the market and intellectual leader in creating the digital world, Anssi Vanjoki wrote in a blog on Nokia's website.
Walt Disney Co said on Thursday it has acquired startup iPhone app developer Tapulous, as the company continues its push into mobile games.
An eagerly-awaited submarine cable linking West Africa to Europe has gone live, paving the way for cheaper and more reliable internet access in one of the world's fastest-growing telecoms markets, its operators said on Friday.
Dell Inc said on Thursday it agreed to acquire privately held Scalent, a maker of data center software, for an undisclosed amount.
Apple Inc has been sued by iPhone customers in at least three complaints related to antenna problems on its newest model.
Amazon.com Inc cut the price on its most expensive Kindle electronic reader, the latest salvo in a price war in response to Apple Inc's pricier iPad tablet computer.
Amazon.com Inc is launching an updated version of its high-end Kindle electronic reader and cutting the price in a move to address the threat from Apple Inc's iPad tablet computer.
Amazon.com Inc is launching an improved Kindle electronic reader and cutting the price, in a move to address the threat from Apple Inc's iPad tablet computer.
Microsoft Corp has pulled the plug on a new generation of smartphones less than three months after the company unveiled the devices in an attempt to catch-up with Apple and Google in the fast-growing mobile market.
Amazon.com Inc said on Wednesday it signed an agreement to acquire online store Woot.com, which sells discounted products and operates an online community, for an undisclosed sum.