Wireless money transfers are gaining traction in India as residents are embrace mobile payments systems similar to those already popular in Kenya.» Read More
NEW YORK/ TORONTO, Nov 8- BlackBerry Ltd's board does not believe a break-up of the Canadian smartphone maker is currently in its best interests, even though Microsoft Corp, Apple Inc and Lenovo Group Ltd, among others, have expressed interest in acquiring parts of the company, according to people familiar with the discussions.
John Chen, the second consecutive chief executive officer at BlackBerry to receive a bumper package, will have to help the embattled smartphone maker regain its footing and win back market share ceded to the likes of Apple's iPhone and a range of devices that run on Google Inc's Android operating system.
SAN FRANCISCO, Nov 6- Leading mobile chipmaker Qualcomm Inc posted higher fiscal fourth-quarter results on Wednesday, fueled by growing demand for smartphones in Asia, but its shares fell after it gave quarterly revenue guidance below expectations.
Dish Network said it will close all 300 or so retail locations of the Blockbuster video rental chain by January.
SEOUL, Nov 6- Investors are likely to press Samsung Electronics Co on dividends and plans to sustain growth as the world's biggest smartphone maker holds its first analysts' briefing in eight years on Wednesday.
Nov 4- John Chen, the man charged with breathing life into struggling BlackBerry Ltd, says he has no intention of killing the money-losing BlackBerry handset as he looks to turn around the smartphone maker.
Nov 4- BlackBerry Ltd has no plans to shut down its loss-making handset business, said its incoming interim Chief Executive John Chen on Monday, adding that the smartphone maker has enough in its stable to stage a turnaround. "I know we have enough ingredients to build a long-term sustainable business," said Chen in a telephone interview with Reuters on Monday.
*BlackBerry abandons sale plans, to replace CEO. Still, U.S.-listed shares of Blackberry tumbled 21.1 percent to $6.13 in premarket trade after the smartphone maker said it was abandoning a plan to sell itself and instead, would replace its chief executive officer.
Nov 4- BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive officer and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said on Monday. Shares of BlackBerry dropped 19 percent to $6.33 in premarket trading.
Nov 4- BlackBerry Ltd is abandoning a plan to sell itself and will instead raise some $1 billion and replace its chief executive, the Globe and Mail newspaper said on Monday, citing sources. The Globe said the smartphone maker plans to raise the $1 billion by selling convertible notes. BlackBerry couldn't immediately be reached for comment.
Apple released its new iPad, which is expected to rise to the top of holiday shopping lists. Here's a look at the best data plans for the new gadget.
Microsoft's next leader should consider spinning off consumer businesses such as search advertising and the Xbox games console, Paul Allen said. FT.
WASHINGTON, Oct 31- The U.S. Federal Aviation Administration said on Thursday it will allow airlines to expand the use of portable electronic devices in flight to include smartphones, tablets and e-readers, ending a long-standing ban.
*Sony cuts full-year profit forecast after Q2 net loss. *Weak numbers stir doubts over Sony CEO Hirai's strategy. TOKYO, Oct 31- Sony Corp CEO Kazuo Hirai's determination to stick to the consumer electronics that made the company's fame will be put to the test in the months ahead as domestic rivals step up a shift to more profitable industrial technology.
HELSINKI, Oct 30- Taiwanese smartphone maker HTC said it would appeal a British court's judgment earlier on Wednesday that it had infringed on a patent belonging to rival Nokia.
It's the Tuesday night before the iPad Air goes on sale, and that means ... here come the reviews. No surprise, it's a hit.
SAN FRANCISCO, Oct 29- Motorola wants to let consumers design their own smartphones. The Google- owned manufacturer has launched Project Ara to create a free, open and standardized platform to let people pick and choose the components they want in their phones, Motorola said in a blogpost this week.
SAN FRANCISCO, Oct 29- Motorola wants to let consumers design their own smarpthones. The Google- owned manufacturer has launched Project Ara to create a free, open and standardized platform to let people pick and choose the components they want in their phones, Motorola said in a blogpost this week.
The smartphone maker and the social giant met last week to gauge interest in a potential bid, reported The Wall Street Journal.
TORONTO, Oct 29- BlackBerry Ltd executives flew to California to meet with Facebook Inc last week to gauge its interest in a potential bid for the struggling smartphone-maker, according to a Wall Street Journal report citing people familiar with the matter. It remains unclear if Facebook is interested in placing a bid.