Technology

Netflix, Amazon sign content deals with Disney

Tuesday, 01 November 2011 08:05
Tweet Netflix and Amazon.com Inc unveiled content deals with Walt Disney Co on Monday, a sign of increased competition between the two companies in the video streaming business. Read more Add comment (0)

Olympus unveils panel to probe M&A scandal

Tuesday, 01 November 2011 08:04
Tweet Olympus Corp on Tuesday named six men, including a former Japanese supreme court justice, to investigate past M&A deals at the core of a scandal engulfing the endoscope and camera maker in a bid to stem an exodus of irate investors. Read more Add comment (0)

Sony starts moves to overhaul struggling TV biz

Monday, 31 October 2011 08:29
Tweet Consumer electronics giant Sony Corp said on Monday it will split its television business into three divisions to make operations more accountable as part of efforts to turn around the loss-making business. Read more Add comment (0)

Panasonic sees $5.5 billion annual loss, worst in a decade

Monday, 31 October 2011 08:26
Tweet Japanese electronics maker Panasonic Corp (6752.T) forecast an annual net loss of 420 billion yen ($5.5 billion), its biggest in a decade, as it cut unprofitable businesses deeper and faster than first planned, while battling a soaring yen and weak demand in the United States and Europe. Read more Add comment (0)

Samsung surges past Apple in smartphones, upbeat on Q4

Friday, 28 October 2011 08:28
Tweet Samsung Electronics Co overtook Apple Inc as the world's top smartphone maker in the July-September period with a 44 percent jump in shipments, and forecast strong sales in the current quarter in a clear warning to its rivals. Read more Add comment (0)

HP ditches costly PC unit spin-off

Friday, 28 October 2011 08:25
Tweet Hewlett-Packard Co ditched a plan to spin off its personal computers unit, a month after the ouster of CEO Leo Apotheker whose idea would have cost billions of dollars in expenses and lost business. Read more Add comment (0)

Sony buys Ericsson out of mobile phone venture

Thursday, 27 October 2011 08:11
Tweet Sony Corp is to take over its mobile phone joint venture with Ericsson for 1.05 billion euros ($1.5 billion), as it seeks to exploit its music and video to help it catch smartphone leaders such as Apple Inc. Read more Add comment (0)

Exclusive: Records raise Olympus conflict of interest question

Thursday, 27 October 2011 08:09
Tweet U.S. patent records point to a possible conflict of interest in an Olympus investment in a cookware company, raising more questions for investors demanding a full explanation from the Japanese company of acquisitions that made heavy losses. Read more Add comment (0)

Ex-Olympus CEO says in contact with FBI

Tuesday, 25 October 2011 10:43
Tweet The former chief executive of Olympus Corp said on Tuesday he was in contact with the U.S. Federal Bureau of Investigation (FBI), which is probing massive advisory fees linked to the Japanese company's takeover of a British company. Read more Add comment (0)

Netflix plummets on weak outlook, downgrades

Tuesday, 25 October 2011 10:41
Tweet Netflix Inc's shares plunged almost 40 percent on Tuesday and were set to open at their lowest level since March last year, a day after the movie rental company warned of higher subscriber attrition and mounting costs. Read more Add comment (0)

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