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Forecast: Tough times ahead for daily deal sites

Over the next few years, it is likely that daily deal sites will have to settle for lower shares of revenues from businesses compared with their current levels, and it will be harder and more expensive for them to find viable ...

Nokia aims to become networks giant with Alcatel-Lucent deal

Nokia is to buy ailing French telecom company Alcatel-Lucent for around 15.6 billion euros ($16.5 billion) through a public exchange of shares in France and the United States, in a bid that will see the newly created company ...

Chinese banks a haven for web counterfeits

Kim Sbarcea knew exactly what she wanted. She typed "Tiffany Elsa Peretti mesh earrings" into Google and scrolled through impeccable photos of the delicate $450 diamond-shaped earrings until she chanced upon a pair for—deal ...

SoftBank chief woos US, with T-Mobile in view

SoftBank, eyeing a tie-up of its US wireless unit Sprint with T-Mobile, stepped up its campaign Tuesday, claiming it could boost competition for Americans as it did in Japan.

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