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Pandora net loss widens but revenue up sharply

Internet radio company Pandora on Thursday posted its first quarterly earnings since going public, reporting a wider net loss but revenue that more than doubled on solid advertising growth.

Taiwan's HTC says first quarter profit down 70%

Taiwan's top smartphone maker HTC said Friday net profit in the first three months of the year plummeted 70 percent, to the lowest since 2006, owing to falling demand.

How the 'Kimchi premium' on crypto affects overseas remittances

The "Kimchi premium" is a term used to refer to the gap between the price of bitcoins in South Korean versus Western exchanges. This difference, which was first observed in 2016, is caused due to the high demand for a limited ...

Global PC sales flat as consumers eye new gadgets

Worldwide sales of personal computers fell 0.1 percent in the second quarter of the year as consumers turned their attention to newer gadgets like tablets, a survey showed Wednesday.

Fully-owned NBCUniversal boosts Comcast 2Q results

The decision by Comcast Corp., the country's largest cable company, to buy out General Electric in NBCUniversal looks like a smart one, as the media conglomerate posted strong results for the second quarter.

BlackBerry Z10 launched in Indonesia

BlackBerry on Friday launched its new Z10 smartphone in Indonesia, the company's third-largest market as it rapidly loses ground elsewhere to rivals such as Apple and Samsung.

Apple extends gains in surging tablet market: survey

Apple extended its dominance in the sizzling tablet computer market in the second quarter of 2012, with the iPad grabbing 68 percent of global sales, a survey showed Thursday.

Deutsche Telekom profit up, sees rebound in US

Telephone company Deutsche Telekom AG said net profit increased 10 percent in the second quarter to 530 million euros ($704 million) and said its U.S. business was adding "droves" of new customers as its operations there ...

T-Mobile cutting a net 1,900 call-center jobs

(AP) -- Cellphone carrier T-Mobile USA Inc. said Thursday that it is cutting 1,900 jobs nationwide as it consolidates its call centers in an effort to reduce costs and remain competitive.

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