Tech Biz
Nokia cuts 4,000 jobs in struggle to win smartphone market
HELSINKI - World-leading mobile phone maker Nokia will cut 4,000 jobs at its smartphone manufacturing facilities in Finland, Hungary and Mexico by the end of 2012, it said on Wednesday.Full article
Top Stories
US to approve Google's bid for Motorola: sources
As of 02/10/2012 7:44 PM
WASHINGTON - The Justice Department will approve Google's $12.5 billion bid to acquire Motorola Mobility Holdings Inc, according to sources close to the antitrust review. Full article
Sony's Hirai refuses to abandon dire TV business
As of 02/10/2012 12:44 PM
TOKYO - Struggling Japanese entertainment giant Sony will not abandon its cash-bleeding television business, its incoming CEO says, but he acknowledges tough decisions lie ahead including over redundancies. Full article
Investor activists see little to 'like' in Facebook
As of 02/09/2012 5:17 PM
NEW YORK - A new crop of companies entering the US public markets, including such high-profile offerings as Facebook, are turning the clock back on the way US corporations are run. Full article
US group sues to halt changes to Google's privacy policy
As of 02/09/2012 9:44 AM
WASHINGTON - A U.S. public interest group asked a federal court on Wednesday to block Google Inc from consolidating more than 60 of its privacy policies, saying it could make it easier for advertisers to target users. Full article
Japan electronic giants eye chip merger: reports
As of 02/08/2012 1:22 PM
TOKYO - Three of Japan's biggest electronics companies are to join forces in a chip-making venture, reports said Wednesday, days after a swathe of dire results from a sector struggling to compete globally. Full article
Yahoo! chairman, three directors stepping down
As of 02/08/2012 7:38 AM
SAN FRANCISCO - Yahoo! chairman Roy Bostock announced Tuesday he was stepping down from the board of the struggling Internet company along with three other directors. Full article