Happy Thursday. Dress warm on your way out, and don't forget your morning six-pack.» Read More
NEW DELHI/ HELSINKI, Dec 12- Nokia has won an appeal to release a local factory seized by authorities in a tax dispute, allowing the transfer of the plant as part of the sale of its mobile phone business to Microsoft. Nokia had appealed its seizure and was trying to resolve the dispute ahead of the closure of the 5.4 billion euro Microsoft deal.
NEW DELHI, Dec 12- An Indian court on Thursday accepted an appeal by Nokia to release its local factory after it was seized by authorities in a tax dispute, removing a hurdle to the sale of the company's mobile phone business to Microsoft. The plant in the southern city of Chennai is one of Nokia's biggest phone-making factories.
*Microsoft down to' handful' of CEO candidates, Mulally not only contender. DETROIT/ NEW YORK, Dec 11- Ford Motor Co's board of directors plans to press Chief Executive Alan Mulally soon for a decision on his future, as speculation intensifies that he may be offered the job of CEO at Microsoft Corp.
Dec 11- U.S. wireless operators on Wednesday fought back against an accusation from the New York State attorney general that they refused to install software that would act as a "kill switch" to discourage theft of smartphones.
BEIJING, Dec 12- The day before China's Communist Party published one of its most important policy statements in a decade, a copy of the reform plans was already circulating on Chinese social media.
SAN FRANCISCO, Dec 11- Microsoft Corp has sold more than 2 million Xbox One video game consoles since its Nov. 22 launch, catching up with rival Sony Corp's PlayStation 4 released a week earlier. Japan's Sony last week said it took 15 days for PS4 sales to cross 2.1 million. "Being even is a win for Sony," Benchmark Co analyst Mike Hickey said.
Sellouts of the systems aren't surprising, but that they have essentially the same sales numbers is a bit unexpected.
SAN FRANCISCO, Dec 11- Microsoft Corp has sold more than 2 million Xbox One video game consoles since its Nov. 22 launch, catching up with rival Sony Corp's PlayStation 4 released a week earlier. Japan's Sony last week said it took 15 days for PS4 sales to cross 2.1 million.
Expect big acts for the media and entertainment industry next year: big deals, bigger convergence, biggest mobile universe. Julia Boorstin shares her insights.
LUXEMBOURG, Dec 11- Microsoft fended off a challenge to its $8.5 billion takeover of messaging service Skype when Europe's second-highest court ruled against claims by rival Cisco that the 2011 deal would harm competition.
Some of the names on the move ahead of the open.
*Taiwan, Singapore beat out Hong Kong due to space constraints. CHANGHUA, Taiwan, Dec 11- Google Inc opened its first two data centres in Asia on Wednesday to cater to the world's fastest growing consumer technology markets, but the company has no plans to open one in China or India.
Dec 11- New York State attorney general is investigating why American cellphone carriers are yet to support antitheft software on Samsung smartphones, raising questions about possible coordination among the biggest carriers, the New York Times reported.
*Akerson accelerates exit after wife's cancer diagnosis. *CFO Ammann named president, ex-Cummins CEO named chairman.
U.S. stocksfell on Tuesday, with the S&P 500 retreating from a record close.
DETROIT, Dec 10- General Motors Co Chief Executive Officer Dan Akerson will step down next month and be replaced by global product development chief Mary Barra, who will become the first woman to lead a global automaker. Barra will be GM's fifth CEO in less than five years since Rick Wagoner was forced out by the Obama administration in March 2009.
Happy Tuesday. Looks like some white stuff is on the way for Wall Street, so we're just going to snuggle up with a morning six-pack.
Tech giants issue open letter asking the NSA to limit its surveillance of their users.
TD Ameritrade's IMX survey of retail investors points to bullishness, Managing Director Nicole Sherrod says.
All Carl Icahn wants is for Apple to spend $50 billion to buy back shares. Instead, Apple blew $200 million this week on the social media bubble.