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German automakers buying Nokia's HERE map business

A consortium of German automakers Audi, BMW and Daimler announced Monday it is buying Nokia Corp.'s HERE map business in a deal that values the unit at 2.8 billion euros ($3.1 billion) and secures their access to technology ...

dateAug 03, 2015 in Business
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Smartphone maker Xiaomi says 2014 sales doubled

The chairman of Chinese smartphone brand Xiaomi, a rising star of the consumer technology industry, says sales more than doubled last year to $12.2 billion and the company plans to expand further into global markets.

dateJan 05, 2015 in Business
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