Philips’s New Management Achieves Surprising Turnaround
Philips Electronics reported better-than-expected quarterly results, buoyed by one-off gains and a stronger…
Microsoft Sells AOL’s Patents to Facebook
Microsoft, which just bought patents from AOL for $1 billion, is now turning around and selling most of them to…
Qtel Seeks $2bln Loan
Qatar Telecom has sent requests for proposals to international lenders for a $2bn refinancing loan that will mark…
Discussions to Release Frozen Saudi Investment in Egypt
The Egyptian government is currently meeting behind closed doors with a number of Saudi investors whose investments…
Launching Skype for Windows Phone Mobiles
Online phone service Skype has made its official debut on Microsoft's Windows Phone platform. Both Microsoft and…
Chinese Court Seeks Mediating iPad Dispute
A Chinese court is mediating between Apple Inc. and the Chinese company challenging its right to use the iPad…
Adobe to Present “Creative Suite 6” to Cloud service Subscribers
Adobe has announced a cloud-based subscription version of its editing software including Photoshop and Illustrator.…
China’s ZTE to Sell 100 million Smart Phones Annually by 2015
China's ZTE Corp, which launched its first basic mobile phone in Africa little more than 10 years ago, said it…
ST-Ericsson Cuts 1,700 Jobs
Loss-making chip maker ST-Ericsson will cut 1,700 jobs and shift a key part of its product to parent STMicro as it…
Alibaba.com Profit 25% Lower
Alibaba.com Ltd. (1688), the unit of China’s biggest e-commerce company that’s under a privatization offer, said…