Sony forecasts $2B loss as smartphones lag (Update)

Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.

Fujitsu swings back into the black

Japan's Fujitsu said Wednesday it swung back into the black, posting an annual net profit after aggressive cost-cutting and stronger demand at home for its computer offerings.

Nokia gets Chinese approval for Microsoft deal (Update)

Nokia has received regulatory approval from Chinese authorities to sell its mobile phone unit to Microsoft Corp., removing one of the last major hurdles to the 5.4 billion-euro ($7.3 billion) deal.

Android smartphones dominate, Windows gains

Google's Android platform was used on four out of five smartphones sold worldwide in the third quarter, while Microsoft's Windows Phone showed strong gains, said a survey out Tuesday.

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