TOKYO - Sony Corp posted a smaller than expected operating second-quarter operating loss on Friday, hailed by its finance chief as proof that the Japanese group's restructuring programme is paying off.
BUDAPEST - Hungarian Prime Minister Viktor Orban froze plans on Friday to impose a tax on Internet traffic, climbing down in the face of massive street protests and warnings from the European Union that the levy was a mistake.
TAIPEI - Taiwanese smartphone maker HTC Corp said on Friday that it expects revenue in the fourth quarter to reach T$43 billion-T$47 billion ($1.4 billion-$1.57 billion), beating market expectations of T$41.5 billion.
TOKYO - Japan's wireless network providers are to lift restrictions on which network their subscribers can use, the government said, demanding that all smartphones and tablets to be sold with their SIM cards unlocked upon customers' request starting next year.
BEIJING - Tencent Holdings Ltd said on Friday it would collaborate with International Business Machines Corp (IBM) on a new cloud software business for corporate customers, a marked departure for one of the dominant forces in China's consumer Internet industry.
TOKYO - Panasonic Corp raised its full-year operating profit outlook by 13 percent and returned to a net cash positive position for the first time in five years after a drastic restructuring chopped unprofitable product lines in smartphones, plasma TVs and semiconductor chips.
SEOUL - Samsung Electronics Co Ltd unveiled two mid-tier handsets with a premium design as it prepared to deliver a riposte to its low-priced Chinese rivals and reclaim its title as the top brand in the world's biggest smartphone market.
Thu, Oct 30 2014
- Corporate networking site LinkedIn Corp reported better-than-expected quarterly profit and revenue as more businesses used its services to hire staff.
- Google Inc said on Thursday that Andy Rubin, co-founder of its Android mobile business and head of its nascent robotics effort is leaving the company.
- Apple Inc CEO Tim Cook on Thursday became the most prominent American corporate leader to come out as gay, saying he was trading his closely guarded privacy for the chance to help move civil rights forward.