NY Times sees losses, drop in ad revenues

The New York Times Co. on Thursday reported a third-quarter loss, hit by a writedown related to the sale of the Boston Globe and declines in advertising revenues.

Japan's SoftBank net profit jump 84% in H1 (Update)

Japan's SoftBank said Thursday its net profit soared 84.1 percent year-on-year to $4.0 billion in the six months to September, boosted by strong demand for iPhones and other smartphones.

Hynix posts record operating profit in third quarter

South Korean chipmaker SK Hynix on Tuesday posted a record operating profit in the third quarter to September, boosted by strong demand from phone manufacturers and higher chip prices.

China Telecom profit up 20 percent on 3G users

State-owned China Telecom, the country's third-biggest mobile phone operator by subscribers, said Monday that quarterly profit grew by a fifth as it continued to benefit from spending by new users of data-hungry iPhones.

Chip growth leads Samsung to another record profit

Samsung Electronics Co. reported another record quarterly profit as a revival in its semiconductor business and strong shipments of cheaper handsets offset flat sales of high-end smartphones.

Panasonic to abandon consumer smartphones

Japanese electronic giant Panasonic said Thursday it will abandon research into new smartphones for retail consumers at home as it struggles to make inroads in a sector dominated by Apple and Samsung.

Former Qualcomm exec charged with insider trading

A former senior executive at Qualcomm Inc. has been charged with insider trading, accused of buying shares of the wireless technology company before major announcements.

BlackBerry slashes jobs in face of $1B 2Q loss (Update)

It was once so addictive it inspired the nickname "CrackBerry." President Barack Obama confessed to being among the millions of devotees who couldn't bear to stop tapping feverishly away on its tiny keyboard. Madonna once ...

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