Nintendo posts first annual loss

Japanese videogame giant Nintendo on Thursday posted its first annual loss since becoming a public company, blaming a soaring yen and price cuts on its consoles for sinking it $530 million into the red.

US firm investing billions in crisis-hit chip industry

Despite the economic slump that has battered the semiconductor business, a new player from the United States' Silicon Valley technology belt is investing billions of dollars in a bid to catch the next wave of growth.

Voters' choices based on performance, not policy

Voters in U.S. presidential races make choices based on a candidate's performance rather than on his or her policy positions—even when those stances run counter to the voters' own, according to a new book by a University ...

Japan's NEC to exit supercomputer project

Japan's ailing IT giant NEC Corp. said Thursday that it would withdraw from a government-backed supercomputer project as part of its efforts to cut costs during the economic slump.

Kilauea eruption an opportunity for undersea scrutiny

Rice University researchers joined a team of scientists placing seismometers under the ocean off the coast of Hawaii, where the ongoing eruption of Kilauea has already claimed more than 700 homes and added to the island's ...

India's TCS announces 29 pct quarterly profit jump

India's biggest software services exporter, TCS, reported Friday that its quarterly net profit rose by 29 percent as the company sealed more deals in a better global business environment.

Toshiba to stop making mobile phones in Japan

(AP) -- Japan's top chipmaker Toshiba Corp. said Wednesday it will end production of mobile phones in Japan due to plummeting demand amid an economic slump.

page 1 from 3