Japan's Sharp reports 1.3 bln dollar annual loss

Japanese electronics giant Sharp Corp. announced an annual net loss of 1.3 billion dollars, its first ever, due to a slump in sales, but it forecast a return to profit this year.

Japan's Hitachi posts first-quarter loss

Japanese high-tech giant Hitachi announced Tuesday a net loss of 82.7 billion yen (870 million dollars) for the fiscal first quarter with sales down heavily amid the economic downturn.

Taiwan seeks merger with restructured Elpida

(AP) -- Taiwan's government said Wednesday it would continue to push for the consolidation of the island's memory chip makers with Elpida Memory Inc., two days after the Japanese chipmaker filed for bankruptcy.

Time Warner Cable to Comcast: Integration not easy

(AP) -- The chief executive of Time Warner Cable Inc. offers this warning to Comcast Corp. on its purchase of a controlling stake in NBC Universal: Mixing content and distribution is harder to accomplish than it looks.

Demand Media stock soars as 4Q results renew hope

(AP) -- Demand Media Inc.'s stock soared by more than 30 percent Friday after the online content publisher's fourth-quarter earnings and outlook for this year gave investors hope that it is starting to recover from diminished ...

Business software market likely to stay flat this year

Research firm Gartner Inc. said Monday the market for software sold to businesses is likely to grow only 0.3 percent this year compared to 2008, a downward revision from the firm's previous forecast of 6.6 percent growth.

Nokia profit plunges 90 percent in Q1

(AP) -- Nokia Corp. on Thursday said profits plummeted 90 percent in the first quarter because of fading demand for mobile phones amid the worldwide downturn - but its shares surged as analysts had expected an even gloomier ...

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