Canada's Silicon Valley is seeing a boom of start-ups after BlackBerry's meltdown. More than 450 were created last year—four times the 2009 amount.» Read More
HELSINKI, April 17- Nokia has suspended sales of its Lumia 2520 tablet in some European countries while it fixes a fault with charger units which it said on Thursday could pose a risk of causing an electric shock.
April 16- The troubles at BlackBerry Ltd, which fired more than half its staff and lost more than 90 percent of its market value as consumers shunned its smart phones, might have spelled disaster for the company's hometown of Waterloo, Ontario.
GUANGZHOU, April 15- A Chinese court on Tuesday convicted 12 hospital security guards of "disturbing social order" after staging a labour protest last year, sentencing several to light jail terms in what was seen as a test case for labour rights in China.
*Thailand expected to post slowest GDP growth in Asia. BANGKOK, April 14- The golden Buddha statues, amulets and lucky charms that festoon Sakuntala Mettawong's tiny Bangkok cellphone shop are not helping business.
MUMBAI, India— India's stock market has hit several new highs in the last month and the once-struggling rupee has strengthened on signs that the opposition Bharatiya Janata Party will win the largest bloc of seats in parliamentary elections that began this week and run until May 12.
SEOUL, April 9- As the smartphone action shifts to the mass market, leaders Samsung Electronics Co Ltd and Apple Inc are under pressure to make their high-end phones more affordable to revive sales.
NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Nokia Corp., up 36 cents to $7.58. China approved the sale of the communication company's mobile phone unit to Microsoft, removing one of the last major hurdles for the $7.3 billion deal.
*China approves $7.4 bln deal between Nokia and Microsoft. HELSINKI, April 8- Nokia has won approval from Chinese competition authorities to sell its mobile phone business to Microsoft Corp without having to change its main technology patent practices, it said on Tuesday.
HELSINKI— Nokia has received regulatory approval from Chinese authorities to sell its mobile phone unit to Microsoft Corp., removing one of the last major hurdles to the 5.4 billion-euro deal.
HELSINKI, April 8- Nokia has received approval from Chinese authorities to sell its mobile phone business to Microsoft Corp, it said on Tuesday, and added there had been no request for it to change its patent practices. Nokia agreed in September to sell the business to Microsoft in a 5.4 billion euro deal.
HELSINKI, April 8- Nokia has received approval from Chinese authorities to sell its mobile phone business to Microsoft, it said on Tuesday, and added the companies expect the deal to close in April. Nokia agreed in September to sell the business to Microsoft in a 5.4 billion euro deal.
A global stock sell-off, led by the technology sector, weighed on major European bourses on Monday, which all closed lower.
Technology stocks led a global downturn on Monday, after a selloff in U.S. stocks on Friday hit market confidence.
Microsoft still gets a large chunk of sales and the bulk of its profits from Windows and Office. So why on earth would it give away the crown jewels?
Microsoft is following through on a promise to update its Windows 8 operating system on a regular basis to respond to consumers' feedback.
SAN FRANCISCO, March 31- Microsoft Corp on Monday named three executives to its cloud, devices and Xbox gaming divisions in one of new Chief Executive Satya Nadella's first management shakeups.
KIEV, March 28- Smarting from Ukraine's U-turn towards Europe, Russia is likely to employ every weapon in its economic arsenal to ensure its neighbour's road to financial recovery is as painful as possible, even when paved with billions of dollars in Western aid.
*Russia accounts for 25 pct of Ukrainian exports. KIEV, March 28- Smarting from Ukraine's U-turn towards Europe, Russia is likely to employ every weapon in its economic arsenal to ensure its neighbour's road to financial recovery is as painful as possible, even when paved with billions of dollars in Western aid.
Despite its recent pullback, one social media stock tops everything else out there, Dan Niles, senior portfolio manager at AlphaOne said Thursday.
U.S. stocks fell as Ukraine weighed on sentiment and pushed investors to take profits in some of the market's biggest trading favorites.