AOL announced Wednesday it is giving up majority control of its troubled Patch hyperlocal news operations to a partner specializing in distressed firms.
Business
Jan 15, 2014
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Brazil's state-owned telecom provider Telebras said Wednesday it plans to build undersea fiber optic telecommunication cable links with Europe and Angola.
Telecom
Jan 15, 2014
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A hundred self-driving Volvo cars will roll onto public roads in and around the Swedish city of Gothenburg in 2017, the Chinese-owned car maker said Monday.
Hi Tech & Innovation
Dec 2, 2013
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Brazil's state-owned telecom provider Telebras signed a $560 million contract to deliver a satellite for secure communications on Thursday, following months of outrage over revelations of US cyber-spying.
Telecom
Nov 29, 2013
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Verizon plans a record $25 billion debt offering as it gathers financing to buy Vodafone's stake in their Verizon Wireless joint venture, a person familiar with the matter said Thursday.
Telecom
Sep 5, 2013
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Vodafone chief executive Vittorio Colao said Tuesday that the British mobile phone giant's $130-billion (99-billion-euro) Verizon Wireless deal would help strengthen its strategy, boost infrastructure investment and slash ...
Telecom
Sep 3, 2013
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US online music video channel Vevo said Monday it will launch its services in Germany this year after reaching a licensing deal with GEMA, the country's publishing rights agency.
Internet
Sep 2, 2013
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A huge rocket carrying a spy satellite for the United States has launched from the central California coast.
Space Exploration
Aug 28, 2013
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Finnish mobile phone maker Nokia said Wednesday it had finalised the purchase of German engineering giant Siemens' 50 percent stake in Nokia Siemens Networks, and changed the company's name.
Business
Aug 7, 2013
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Ratings agency Standard and Poor's on Friday downgraded Nokia Corp.'s credit rating, citing the deal this week to buy out Siemens from its Nokia Siemens Networks joint venture for 1.7 billion euros ($2.21 billion).
Business
Jul 5, 2013
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