Chinese online retail giant Alibaba said Friday it would pay $294 million for a 28 percent stake in China's leading digital map provider, AutoNavi, its second big purchase in two weeks.
May 10, 2013
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As Alibaba chief Jack Ma steps aside after building the world's largest online retailer, the Chinese firm is preparing a huge stock offer prompting comparisons with Facebook—whose profits it dwarfs.
May 09, 2013
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French software group Dassault Systemes posted on Thursday a two percent annualised rise in its first-quarter net profit, confirmed its 2013 targets and announced the acquisition of two European firms for undisclosed amounts.
Apr 25, 2013
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US technology giant Microsoft on Thursday reported a 19 percent year-on-year increase in profit despite contending with the fast-declining personal computer market.
Apr 18, 2013
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(AP)—A top executive with the owner of the Fox broadcast network is threatening to convert the network to a pay-TV channel if Internet startup Aereo continues to "steal" Fox's over-the-air signal and sell it to consumers ...
Apr 08, 2013
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Hewlett-Packard Co. Chairman Ray Lane is stepping down and two other board members are leaving after pressure by disgruntled stockholders stung by the personal computer maker's downfall.
Apr 04, 2013
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Scott McGregor, the chief executive of chip developer Broadcom Corp., is happy to talk about the expanding list of uses for his company's products - smart cars, for instance - and new innovations that will fuel his company's ...
Mar 29, 2013
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NVIDIA today introduced the industry's first visual computing appliance—enabling businesses to deliver ultra-fast GPU performance to any Windows, Linux or Mac client on their network.
Mar 20, 2013
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Oil-rich Abu Dhabi on Sunday officially opened the world's largest Concentrated Solar Power (CSP) plant, which cost $600 million to build and will provide electricity to 20,000 homes.
Mar 17, 2013
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Promoters of the fledgling electric car Formula E motor racing competition on Wednesday unveiled China Racing as the second team to sign up for next year's inaugural world championship.
Feb 27, 2013
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Scientists at the University of Glasgow have developed a new method to make packaged food safer for consumers and more long-lived on the shelf by harnessing the germ-killing power of ozone.
Feb 11, 2013
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(Phys.org)—Women are reaching the upper echelons of business in record numbers—Marissa Mayer at Yahoo!, Meg Whitman at Hewlett-Packard, Ginni Rometty at IBM and Rosalind Brewer at Sam's Club, to name a few. Even so, women ...
Feb 08, 2013
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BrightFocus Foundation, a nonprofit organization that funds research worldwide to save sight and mind, today released the results of a survey of more than 170 leading biomedical scientists that explores the most significant ...
Jan 31, 2013
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A Canadian court on Monday acquitted three top executives of former high-flying telecom company Nortel accused of defrauding the now-defunct firm, citing a lack of evidence.
Jan 14, 2013
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Taiwan's leading smartphone maker HTC opened its first store in Myanmar Monday, seeking a foothold in one of Asia's last remaining untapped markets.
Jan 14, 2013
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