News Corp. board backs Murdoch after hacking scandal

Rupert Murdoch claimed boardroom backing Wednesday to remain at the helm of News Corp. as he worked to shift attention from the phone-hacking scandal to his media behemoth's healthy bottom line.

Amazon 2Q profit falls but results beat Street

(AP) -- Amazon.com Inc. said Tuesday that its second-quarter profit fell despite a 51 percent jump in revenue as the leading online retailer spent heavily to expand its business.

Ericsson reports profit leap, shares slump

Swedish telecom equipment maker Ericsson reported Thursday a 65 percent jump in second quarter net profit on strong sales but this still fell short of expectations and its shares slumped.

Samsung says 2nd-quarter operating profit fell

(AP) -- Samsung Electronics' profitability slumped in the second quarter as strong performance in fast-growing smartphones could not overcome weakness in liquid crystal displays.

Nokia to launch Microsoft platform phones in 2011

Finnish handset maker Nokia Corp. plans to introduce its first mobile phones using the Microsoft Windows operating system this year, the company's chief executive said Tuesday.

Japan's Fujitsu sees post-quake profit growth

Japan's Fujitsu on Friday forecast net profit to rise 8.9 percent this year, expecting demand for IT products and services to recover after the March earthquake and tsunami.

Japan orders Sony to improve data security

Sony was told by the Japanese government on Friday to strengthen its data security as the electronics and entertainment giant reels from a series of attacks by hackers.

More Sony websites hacked, 8,500 Greek accounts hit

Sony on Tuesday said its websites in three countries had been hacked with 8,500 Greek user accounts compromised, in a blow to efforts to restore confidence after a huge data breach affecting millions.

Sony to report $3.2 billion annual loss

(AP) -- Sony Corp. is expecting an annual loss of $3.2 billion, reversing its earlier projection of a return to profit, as the electronics giant struggles with production disruptions from Japan's tsunami and a hacker attack ...

Japan's Toshiba returns to black

Japan's Toshiba on Monday said it returned to the black for the year to March, but warned the outlook remains uncertain due to the impact of the massive quake and tsunami in March.

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