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.
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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.
Wireless equipment maker Ericsson posted a 6.46 billion kronor ($1.02 billion) loss in the fourth quarter due to a massive one-time charge, but said Thursday its sales rose 5 percent as mobile operators invested in broadband ...
Trying to find just the right balance of time spent in meetings and time performing tasks is a tough problem for managers, but a Wayne State University researcher believes the behavior of ants may provide a useful lesson ...
Royal Philips Electronics NV Tuesday said it will sell the entertainment division which contains many of the consumer products for which it is best known, such as audio and video equipment, to Funai Electric Co., Ltd., of ...
The maker of the BlackBerry smartphone is promising a speedier device, a superb typing experience and the ability to keep work and personal identities separate on the same phone. It's the fruit of a crucial, long-overdue ...
The largest solar power system in the U.S. Army is coming online at White Sands Missile Range, N.M., and officials gathered Jan. 16, to mark the occasion with a ribbon-cutting ceremony.
Struggling Nokia Corp. turned a fourth-quarter net profit of €202 million ($270 million) compared with a loss of $1 billion a year earlier, but revenue fell 20 percent as it failed to make gains in the fiercely competitive ...
Together with the Norwegian shipyard Fjellstrand, Siemens has developed the world's first electrically powered car ferry. The 80-meter vessel can carry 120 cars and 360 passengers. From 2015 onward, it will serve the route ...
A new plant for desulfurizing pig iron is reducing the costs of steel production. Developed by Siemens, this innovative process makes it possible to more precisely dose the various desulfurizing agents that are injected into ...
Shares in beleaguered Finnish mobile phone giant Nokia soared on Thursday after it published partial fourth quarter earnings that were better than expected.