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Rumours intensify of a bid for Nokia

Rumours that struggling Finnish mobile phone maker Nokia may be up for sale have intensified this week, with analysts seeing three potential buyers who could be even more interested if the company undergoes a restructuring.

Best Buy reports 1Q loss on restructuring costs

(AP)—Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.

NEC swings to annual net profit

Japan's NEC cast off two straight years of losses Friday, reporting it had returned to the black after a painful restructuring including layoffs and a business overhaul.

NASA uses Leap Motion to move ATHLETE rover (w/ video)

(Phys.org) —NASA representatives were at the 2013 Game Developers Conference (GDC) in San Francisco to show how the ATHLETE robot, a six-legged robot developed at the Jet Propulsion Laboratory in southern California, can ...

Mitsubishi Motors suffers fresh lithium battery setback

Mitsubishi Motors said Friday it had detected a new problem with lithium batteries used in its plug-in hybrid vehicle, the latest battery issue to affect the Japanese automaker in the past few days, media reports said.

Ericsson, STMicroelectronics to cut 1,600 jobs (Update)

Swedish wireless equipment maker Ericsson and Switzerland's STMicroelectronics say they will lay off up to 1,600 workers globally as part of a plan for splitting up their unprofitable joint venture.

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