Tech
  • It marks the beginning of a time-honored process for public companies, which will culminate in the fall, when many Facebook employees receive the same right to sell their shares.

    LAST UPDATE : Aug 22, 2012, 4:10 AM EDT
    Story
  • Foxconn Technology Group is to set up an operation in Indonesia with plans to invest $5-10 billion over five to 10 years and starting with the assembly and production of 3 million handsets per year, Indonesia's Trade Minister Gita Wirjawan says.

    LAST UPDATE : Aug 22, 2012, 2:06 AM EDT
    Story
  • * No longer sees positive EBIT in 2012

    * H1 sales 340 mln eur vs 534 mln year ago

    * H1 EBIT loss 144 mln eur vs 70 mln profit year-ago

    * Shares fall 12 percent

    By Christoph Steitz

    FRANKFURT, Aug 13 (Reuters) - Germany's SolarWorld slashed its outlook for the current year, accusing Chinese peersof unfairly undercutting the prices of its components whichpushed the company to a surprise first-half operating loss.

    LAST UPDATE : Aug 22, 2012, 12:52 AM EDT
    Story
  • Apple Inc licensed itsprized design patents to Microsoft Corp but with an"anti-cloning agreement" to prevent copying of its iPhone andiPad, an Apple executive said on Monday.

    LAST UPDATE : Aug 21, 2012, 6:14 PM EDT
    Story
  • Yahoo Inc startled investors by announcing that new Chief Executive Marissa Mayer may reconsider what it does with the cash it gets from a multi-billion dollar sale of half of its 40% stake in Chinese Internet company Alibaba Group.

    LAST UPDATE : Aug 21, 2012, 12:17 PM EDT
    Story
  • U.S. battery maker A123 Systems,which got a quarter-billion dollar green technology grant from the Obama administration, said on Wednesday that a Chinese autoparts maker is looking to take a controlling stake in the faltering company.

    LAST UPDATE : Aug 22, 2012, 12:52 AM EDT
    Story
  • Apple Inc will buy fingerprint sensor technology developer AuthenTec Inc for about $356 million, striking a deal that could put its iPhone at the center of the emerging mobile payments market.

    LAST UPDATE : Aug 21, 2012, 8:07 AM EDT
    Story
  • Computing giant Microsoft has made the first quarterly loss in its history after it wrote off some of the value of its online advertising business.

    LAST UPDATE : Aug 20, 2012, 11:03 AM EDT
    Story

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