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Ericsson posts Q4 loss, but sales up

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 ...

STMicroelectronics to exit Ericsson joint venture

Europe's largest chipmaker, STMicroelectronics NV, said Monday it plans to exit its money-losing joint venture ST-Ericsson, as it struggles to manage a downturn in global demand.

Nokia Siemens axes services unit, 1,000 jobs at risk

Nokia Siemens Networks, a joint venture between Finnish and German engineering giants Nokia and Siemens, said Wednesday it is shutting down one of its German units with the potential loss of 1,000 jobs.

EU clears UK 'mobile phone wallets' venture

The European Commission said Wednesday that it has cleared a joint venture between operators Telefonica of Spain and Vodafone and Everything Everywhere in Britain in mobile phone commerce.

Amazon gets Epix video rights to challenge Netflix (Update)

(AP)—Amazon.com's Internet video library is gaining more box-office appeal under a licensing deal with Epix that threatens to undercut Netflix leadership in a growing market that's transforming the entertainment industry.

Maldives floating island masterplan tests the waters

(Phys.org) -- From tourist paradise to devastation to sustainable future, an imaginative path toward rebirth is possible for global coastal populations at risk of being wiped out by rising sea levels. That path lies in artificial ...

Verizon settles FCC probe into 'tethering' block

(AP) -- In the first move of its kind, the Federal Communications Commission on Tuesday said it's accepting a $1.25 million settlement from Verizon Wireless to end an investigation into whether the company asked Google Inc. ...

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