07/02/2013

Fujitsu plunges into huge loss, eyes job cuts

Japan's Fujitsu said Thursday it lost almost $1.0 billion in the nine months to December and was looking into slashing 5,000 jobs worldwide as it struggles to compete with cheaper overseas competition.

Yahoo! in online ad alliance with Google

Yahoo! on Wednesday announced an advertising alliance with Google, the company that dethroned the pioneering Internet firm in the world of Internet search.

N. Korean nuclear test could be tricky to detect

North Korea has vowed to carry out a third nuclear test, but scientists and concerned foreign governments may have a tough time verifying the actions of the reclusive state.

Alcatel-Lucent boss leaving as losses mount

Alcatel-Lucent CEO Ben Verwaayen is leaving the loss-making French-U.S. telecommunications gear maker after a failed four-year bid to turn the business around.

Social media rules Italy's austerity elections

Italy's election candidates have swapped street rallies for Obama-style social media campaigns, sparking feisty online debates among sceptical and irreverent younger voters.

Sony April-December loss shrinks 75%

Japanese electronics giant Sony said on Thursday that its net loss from April to December shrank 75 percent on-year and added that it remains on track to achieve its forecast of a full-year profit.

China plans stricter fuel standards after smog

China has announced stricter motor fuel standards in a bid to reduce harmful emissions after smog blanketed much of the country last month—but the measures will not come fully into force for almost five years.

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