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News Corp fiscal 2Q earns top expectations

News Corp., the publishing company controlled by Rupert Murdoch, reported second-quarter earnings that exceeded Wall Street forecasts while revenue declined as expected, reflecting slower advertising sales.

dateFeb 06, 2014 in Business
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Dutch telecom KPN to cut 1,500 jobs

Royal KPN NV, the Dutch telecom company partly owned by Mexican billionaire Carlos Slim, says it will cut at least 1,500 jobs—5 percent of staff—by 2016 as its fourth quarter sales fell and losses worsened.

dateFeb 04, 2014 in Business
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Tablet sales jumped 50% in 2013

Global sales of tablet computers surged 50.6 percent last year, with Apple clinging to the top vendor spot amid strong gains by rivals, a survey showed Wednesday.

dateJan 29, 2014 in Business
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