July 27- Baidu Inc's quarterly profit missed analysts' estimates as China's biggest Internet search company spent heavily to diversify away from its core search advertising business, which is becoming less profitable and more competitive. Baidu's shares fell more than 8 percent in extended trading on Monday after the company's current-quarter revenue...» Read More
China will issue three Licenses for high-speed third-generation mobile phone services and called for a merger of China Unicom and China Netcom, two of its four biggest telecoms providers, in a long-awaited industry revamp.
It wasn't too long ago that Apple Inc. was out of favor on Wall Street, the stock languishing, the outlook nebulous, the bears drooling at the raise-'em-up-tear-'em-down prospects of one of the most compelling companies in all of technology.
China Mobile, the world's biggest wireless carrier, will take over Railcom and take in a clutch of executives from smaller rivals as hopes grow that Beijing has embarked on a long-awaited overhaul of the industry.
It's a double-dose of odd news Thursday night from Yahoo: losing board member Ed Kozel, one of two true outside tech experts on the company's board of directors; and word that the company is delaying its annual shareholders meeting.
Today's Netflix announcement with Roku about a new way to get movies from the net directly to your TV screen and bypassing the computer screen in your home office, is cool for a number of reasons.
Chief executives from around Europe discussed their companies' earnings, opportunities and the challenges they face in 2008 with CNBC Europe Tuesday.
Another weekend, another round of dueling press releases from Microsoft and Yahoo, and if there were ever a clearer example of the PR 8-ball behind which Yahoo finds itself, I don't recall one.
The rumor mill once again is churning big time in the battle between BlackBerry and iPhone, Research in Motion spacerand Apple, the Bold versus the Beautiful. And now comes word of the Thunder.
In the great pantheon of Apple stories--the iPod, the Mac, the iPhone; and all the good guy, bad guy stories swirling around Steve Jobs, there's another story arguably more important than all of them.
European shares ended higher on Thursday as gains in drugs and commodity stocks offset the impact of banks, which weakened after Barclays unveiled writedowns and left the door open for a rights issue.
European earnings were mixed Thursday, with forecast-beating results out from London-based SABMiller and UK telecom BT and a drop in profit for financial KBC.
Singapore Telecommunications, Southeast Asia's largest phone company, beat market expectations with a 9.2% rise in quarterly profit due to rapid mobile user growth in Asia.
It's here! Or almost here. It's the new Research in Motion BlackBerry 9000 Bold, and what a bold step this is. It's been a year since RIM released an update, and during that time, just about every spotlight has turned to the iPhone from Apple with so many experts ceding the market to the upstart touch-screen wonder.
Research In Motion is launching a new high-end version of the BlackBerry aimed at its core base of business users, but it hopes the sleek device will also catch on in the broad retail market.
Sprint Nextel Monday reported a wider quarterly loss amid steep customer defections and it forecast only marginal improvements in the current quarter.
India's Bharti Airtel is considering raising its offer to around $22.63 a share for control of mobile operator MTN Group, the Asian Wall Street Journal said on Monday.
A funny thing has been happening to Google lately. Have you noticed? It's going up! And I'm not talking about the one-day pop it got from those surprisingly good earnings. I'm talking about the day to day creep-up, the steady momentum. The parallels to Apple are pretty striking.
Telecommunications, consumer goods, banking and the drinks business have quarterly earnings in common, as a flurry of companies, such as Deutsche Telekom, Unilever, UniCredit and Diageo all reported results Thursday.
A New York state judge said Wednesday a dispute over financing the $20 billion buyout of Clear Channel Communications would go to trial on a breach of contract claim filed against six banks, according to a court filing.
When Rene Obermann took over Deutsche Telekom at the end of 2006 he was tasked with the firm's struggling domestic operations. But his non-domestic challenges have been—and continue to be—plentiful.