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Technology

MTN Probes Bribery Claims

Fri, 03 Feb 2012 20:39:37 EST

Shares of South African mobile-phone operator MTN fell after the company said it is investigating claims by Turkey's largest mobile-phone operator that it engaged in corruption to secure a deal in Iran.

Verizon, Redbox Plan Online Video Service

Mon, 06 Feb 2012 13:15:22 EST

Telecom company Verizon Communications and Redbox video-kiosk owner Coinstar said Monday they will launch an online service in the second half of the year featuring streaming videos and downloads.

Google Removes Some Content in India

Mon, 06 Feb 2012 12:26:10 EST

Google removed some controversial content from its Indian services to comply with a court order in a civil lawsuit, the latest twist in the legal drama over Web censorship in the world's largest democracy.

A Mystery Highlights Fast Shift To Digital

Sun, 05 Feb 2012 23:15:49 EST

A coming mystery novel, "The Expats" by Chris Pavone, is likely to highlight a digital shift under way in the book market. Mystery/thriller titles, one of the biggest categories in fiction today, are more popular with e-book readers than the broader market.

Playing New Zynga Game At Facebook

Fri, 03 Feb 2012 22:07:23 EST

Since Zynga generates the vast majority of its revenue through Facebook, analysts tried to use Facebook's financial results to figure Zynga's fourth-quarter earnings. But the models have too many moving parts.

Benefits and Barriers as Facebook's Friend

Fri, 03 Feb 2012 20:32:08 EST

Russian investor Yuri Milner stands to reap a multibillion-dollar windfall from his early bet on Facebook stock. But in return, he has agreed to terms that handcuff what he can do with his Facebook shares.

Injunction Interrupts Apple Sales in Germany

Fri, 03 Feb 2012 16:34:12 EST

Some Apple devices were unavailable for sale briefly on Friday in Germany, as part of a patent tussle with Motorola Mobility.

Samsung Says EU Probe Will Find It Compliant

Fri, 03 Feb 2012 05:36:17 EST

Samsung Electronics, in its first acknowledgment of the European Commission's antitrust investigation of its patent licensing practices, said it believed the commission would ultimately conclude the company complies with the rules.

Panasonic Forecasts $10 Billion Loss

Fri, 03 Feb 2012 08:10:55 EST

Panasonic revised its forecast loss for the current fiscal year to more than $10 billion, which would be the second-largest ever for a Japanese manufacturer.

Megaupload Founder Is Denied Bail

Fri, 03 Feb 2012 08:13:07 EST

A New Zealand court denied an appeal for bail Friday by Kim Dotcom, the jailed founder of the file-sharing website Megaupload.

Facebook and the St. Petersburg Paradox

Fri, 03 Feb 2012 22:49:12 EST

Investors thinking about Facebook should consider a mathematical riddle that shows how growth stocks can get overvalued so easily.

Cost Cuts Boost BT

Fri, 03 Feb 2012 11:31:13 EST

BT Group posted a 41% jump in third-quarter net profit, aided by further cost cutting, lower finance expenses and new contracts, and said it will reach some of its earnings targets a year earlier than expected.

Citi Hit in Brazilian Hacker Attack

Fri, 03 Feb 2012 22:57:00 EST

A computer hacker group continued a wave of attacks against Brazilian financial websites, hampering the sites of Citigroup and other prominent institutions.

H-P Activist Investors Make Proxy Progress

Mon, 06 Feb 2012 00:50:28 EST

In a major victory for activists, Hewlett-Packard Co. agreed to a step that could give investors more power to oust its board members.

Indian Court Dismisses Inquiry

Sun, 05 Feb 2012 19:30:30 EST

An Indian court dismissed a petition to investigate Home Minister Palaniappan Chidambaram's alleged role in a 2008 telecom scandal, handing a much-needed victory to the Congress party-led national government.

Micron CEO Dies in Crash

Fri, 03 Feb 2012 20:18:03 EST

Steven R. Appleton, chairman and chief executive of Micron Technology died Friday when the high-performance airplane he was piloting crashed at Boise, Idaho's airport.

Need a Ride?

Mon, 06 Feb 2012 13:32:46 EST

New apps like Cabulous, Groundlink and Getaround let you easily book and pay for yellow cabs, stretch limousines and even neighbor's cars.

Fast Phones, Dead Batteries

Mon, 06 Feb 2012 12:55:52 EST

Users of 4G smartphones are discovering their speedy broadband service also zips through battery life.