Microsoft-bound Nokia business sees sales slide (Update 3)

The Nokia handsets business that Microsoft is due to take over saw sales continue to slide in the fourth quarter as its Lumia smartphones failed to draw business away from larger competitors like Apple and Samsung.

Sony more than doubles net loss forecast to $6.4 bn

Japan's Sony on Tuesday said it would book a net loss of about $6.4 billion in the year to March, more than double its previous forecast amid sweeping changes at the struggling electronics giant.

Lyft loss widens to $1.1 bn, unveils Waymo partnership

Lyft said Tuesday its loss in the past quarter widened to $1.1 billion in the ride-hailing giant's first financial report as a public company, as it announced it was teaming up with former Google car unit Waymo on autonomous ...

Sony logs record profits, warns of headwinds to come

Japan's Sony said Friday that robust games and entertainment divisions had pushed annual profits to a second consecutive record high but warned of a looming downturn in its bottom line.

Nokia in Q3 loss, sales drop amid networks downturn

Mobile networks operator Nokia continued to be hit by a downturn in the industry, reporting a loss in the third quarter and a 12-percent drop in sales that saw the company's share price plunge more than 7 percent.

Pokemon Go boost limited as Nintendo cuts profit forecast

"Pokemon Go" is giving only a modest boost to Japanese video game maker Nintendo, which has slashed its operating profit and sales forecasts for this fiscal year citing lagging demand for game consoles like the Wii U.

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