- Tuesday, 29 May 2012 5:53 PM ETBy:
AP
Russian fans of the videogame Angry Birds will soon be able to get special debit cards – or "Angry Cards" – giving them discounts on the game's products.
Source: AppleAngry Birds iPhone appMoscow-based Promsvyazbank said Tuesday it will start issuing the new MasterCards [MA Loading... ()
] on June 4. They will be printed with images of the various characters and will give users a 10 percent discount on all Angry Birds-branded products. » Read More - Tuesday, 29 May 2012 4:45 PM ETBy:
Reuters with CNBC 
Nsd / APResearch In Motion on Tuesday warned it could report its second consecutive quarterly operating loss and said it had engaged bankers to help it review its business, the latest in a string of dismal messages from the once-dominant BlackBerry maker.
After being halted briefly, RIM shares [RIMM Loading... ()
] fell sharply in after-hours trading. The stock, already down nearly 80 percent over the past 12 months, fell more than 10 percent after-hours to below $10 a share. (Click here for the latest quote). - Tuesday, 29 May 2012 3:27 PM ETBy:
Courteney Palis, The Huffington Post
The date's already been set for Apple's [AAPL Loading... ()
] much-anticipated Worldwide Developers Conference (WWDC), but the company has managed to drum up even more hype with the release of the event's official schedule, which includes a time for the keynote address, during which the company usually unveils its newest products and plans.
» Read More - Tuesday, 29 May 2012 3:04 PM ETBy: Cadie Thompson
Facebook's volatile IPO was the result of disparate opinions about how to value the social network's 900 million users, according to a recent report by the Wharton Business School at the University of Pennsylvania.
Juan Mabromata | AFP | Getty Images"The question for valuation is you need to have both some sort of comparable and some sense of where the numbers are going, and the problem is neither of those are really clear in the case of Facebook," said Ethan Mollick, Wharton Assistant Professor of Management, on CNBC's Squawk on the Street. "Is it a TV network in comparison? Is it Google [GOOG Loading... ()
]? Is it something entirely new? And on the underlying numbers it's all about potential. We don't know where the numbers are heading. There's a lot of debate over that. If it's just about pricing the stock where it is today, the value is obviously a lot lower than $100 billion." - Tuesday, 29 May 2012 12:09 PM ETBy:
Reuters
Sprint Nextel said on Tuesday it arranged a credit facility of $1 billion to buy network equipment from Ericsson for its high-speed wireless project.
David Paul Morris/Bloomberg via Getty ImagesThe Sprint Nextel Corp. sign is seen on the facade of a Sprint Nextel Corp. store in San Francisco, California.Sprint [S Loading... ()
], the No. 3 U.S. mobile provider that has been working to eliminate a estimated funding gap of $5 billion to $7 billion, said it entered the credit agreement, which expires in March 2017, with Deutsche Bank and a syndicate of other banks. » Read More - Tuesday, 29 May 2012 10:21 AM ETBy:
AP
Social media sites and blogs have lit up after eagle-eyed viewers spotted a surprise cameo in a Chinese TV documentary about the country's police force: Facebook founder Mark Zuckerberg and his now-wife, Priscilla Chan.
Getty ImagesMark ZuckerbergThe documentary by CCTV was part of a series on Chinese police and high-tech crime-solving methods. A few seconds of footage showing Zuckerberg and Chan walking behind two police officers were shown included in a brief clip posted online by the Hebei province satellite station. » Read More
- Tuesday, 29 May 2012 6:52 AM ET
Apple will likely consider Hon Hai and its subsidiary Foxconn Technology for assembling the Apple TV, Vincent Cheng, head of Greater China Technical Research at Yuanta in Taiwan told CNBC on Tuesday, but he said investors shouldn't bet on Hon Hai's stock based on such an outcome.
AFP | Getty ImagesHon Hai shares rallied nearly 5 percent in Taiwan after a report in China Daily that Foxconn [2038.HK Loading... ()
]had begun "trial production" of Apple TV. - Saturday, 26 May 2012 5:20 PM ETBy:
Reuters Research in Motion [RIMM Loading... ()
] is preparing for a major restructuring beginning in the next couple of weeks that will see it eliminate at least 2,000 jobs worldwide, the Globe and Mail reported on Saturday, citing unnamed sources. 
Bay Ismoyo | AFP | Getty Images
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