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US prosecutors push for anti-phone theft moves

The top prosecutors in San Francisco and New York planned Thursday to announce the formation of a nationwide initiative and coalition of police, prosecutors and other officials in an attempt to thwart a surge in smartphone ...

US officials to meet over cellphone thefts

Top law enforcement officials from San Francisco and New York plan to meet with some of the largest U.S. smartphone makers next week to help thwart the rise in cellphone thefts and robberies.

Sony mulls hedge fund's entertainment sale idea

Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division.

Panasonic reports big loss but forecasts profit (Update)

Japanese consumer electronics giant Panasonic Corp. on Friday reported a near-record net loss of 754 billion yen ($7.5 billion) for the fiscal year through March due to restructuring costs and slumping sales, but predicted ...

Sony back in black on cheap yen, healthier sales

Sony Corp. is back in the black for its fiscal fourth quarter, recording a 93.9 billion yen ($948 million) profit, with big help from a weaker yen that boosts overseas earnings.

Samsung profit at record high on smartphone boost

Samsung Electronics Co. said Friday its first quarter profit jumped to a record high as smartphone sales remained strong despite the April launch of an updated version of its flagship Galaxy phone.

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