Sony chief executive outlines turnaround plan
(AP) -- Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way to showcase its strength in entertainment and surface from...
View ArticleMulling Meg Whitman: HP considers CEO shakeup
(AP) -- As trial balloons go, Hewlett-Packard's not-so-secret handwringing -over whether to dump CEO Leo Apotheker and replace him with former eBay CEO Meg Whitman- was a success. Investors like the...
View ArticleYahoo CEO tries to reassure workers after layoffs
(AP) -- Yahoo CEO Scott Thompson plans to tell the struggling Internet company's employees more about his turnaround strategy next week.
View ArticleUS video game sales drop 25 percent in March
(AP) -- U.S. retail sales of video game hardware, software and accessories fell 25 percent in March from a year earlier to $1.1 billion. It marked the fourth month of decline as Sony Corp.'s new PS...
View ArticleIn fall Apple season, rival phone makers struggle
(AP)—It's shaping up to be a cold fall for smartphone makers other than Apple, as the trendsetter of the phone industry gears up to release the next iPhone.
View ArticleSony ties up with Olympus, takes 11 percent stake (Update)
(AP)—Sony is expanding its sprawling electronics to movies business empire with a new venture—looking inside the human body.
View ArticleYahoo CEO raids Google to hire top lieutenant (Update)
(AP)—Yahoo CEO Marissa Mayer is mining her old advertising connections at Google to help her tackle the challenges facing her in her new job.
View ArticleYahoo's 3Q earnings, revenue top Street's forecast
(AP)—Yahoo ushered in Marissa Mayer as its new CEO with a third-quarter earnings report that topped analyst estimates.
View ArticleYahoo's stock hits $19 for 1st time since 2010 (Update)
(AP)—Yahoo's shares touched $19 Monday, the first time they have traded that high in more than two and half years.
View ArticleDell to go private in $24.4B deal led by founder (Update 3)
Slumping personal computer maker Dell is bowing out of the stock market in a $24.4 billion buyout that represents the largest deal of its kind since the Great Recession dried up the financing for such...
View ArticleIn further shakeup, HP chairman Lane quits
Hewlett-Packard said Thursday its non-executive chairman Raymond Lane has decided to step down in a shakeup of the board of directors at the struggling US computer giant.
View ArticleLG Display logs small profit in Q1 (Update)
South Korean panel giant LG Display Co. said Monday that it logged a small profit in the first three months of the year, reflecting slackening orders from its key client, Apple Inc., during a typically...
View ArticleSluggish year for Germany's key chemical sector
Germany's chemicals sector complained Wednesday that business got off to a sluggish start this year, but it has not given up hope for a recovery in demand later.
View ArticleDeutsche Telekom profit up, sees rebound in US
Telephone company Deutsche Telekom AG said net profit increased 10 percent in the second quarter to 530 million euros ($704 million) and said its U.S. business was adding "droves" of new customers as...
View ArticleYahoo CEO says company now has 800 million users
Yahoo CEO Marissa Mayer says the Internet company now has about 800 million worldwide users, a 20 percent increase since she was lured away from Google 15 months ago to steer a turnaround.
View ArticleExperimental spaceplane shooting for 'aircraft-like' operations in orbit
Commercial, civilian and military satellites provide crucial real-time information essential to providing strategic national security advantages to the United States. The current generation of...
View ArticleCoordinated turnaround means a more efficient travel experience for airline...
The EU INTERACTION project has coordinated aircraft turnaround processes such as passenger, baggage, freight and ramp operations for a more efficient and predictable travel experience.
View ArticleTwitter still struggling to grow as rivals race ahead (Update)
Twitter is in danger of becoming the next internet company forced into a desperation sale if it cannot find a way to start luring people and advertisers back to its sometimes-befuddling messaging service.
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