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Nokia posts loss of $832 million in third quarter

(AP) -- World-leading mobile phone maker Nokia Corp. on Thursday reported a loss of euro559 million ($832 million) in the third quarter, taking hits from a 20 percent drop in sales and a one-time charge for the fallen value ...

Rivals to form UK's top mobile operator

(AP) -- Deutsche Telekom AG and France Telecom SA said Tuesday they intend to combine their British mobile phone units - shaking up the country's intensely competitive market and forming the country's biggest mobile operator.

MySpace to cut 300 intl positions, close offices

(AP) -- Social-networking site MySpace said Tuesday it plans to cut 300 jobs, or two-thirds of its overseas work force, in an effort to rein in costs and focus on countries where it has many users and better business opportunities.

Disney joins NBC and News Corp. with Hulu stake

(AP) -- The Walt Disney Co. is taking a stake in Hulu.com. This means titles from The Walt Disney Studios library of films and full-length episodes of ABC television shows will join the online video site.

Nokia to cut 450 jobs worldwide: company

Nokia, the world's leading mobile phone maker, said Tuesday it planned to cut some 450 jobs globally as it reorganises its services unit.

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