Jackson lawyer attacks promoter as trial nears climaxThe promoters of Michael Jackson's last tour were "so excited" about making huge profits that they hired an unfit doctor for the star, his family's lawyer said Tuesday in closing arguments.
25 September 2013
Ailing BlackBerry agrees to $4.7 billion buyoutTech pioneer BlackBerry made a last roll of the dice Monday and agreed to a probable $4.7 billion buyout by a consortium planning to take the struggling smartphone maker private.
25 September 2013
Thousands of Romanians in fresh protest against mine projectThousands of Romanians took to the streets on Sunday in a fourth week of protests against a Canadian company's plan to open Europe's largest gold mine in a picturesque Transylvanian village.
24 September 2013
Outgoing Microsoft CEO most regrets lapse in mobilephonesOutgoing Microsoft CEO Steve Ballmer said Thursday his biggest regret is missing the boat on smartphones -- but he said the software giant should not admit defeat just yet.
21 September 2013
Microsoft announces $40b share buybackMicrosoft announced a new $40 billion share buyback on Tuesday as part of an effort by the transitioning US tech giant to return more cash to stockholders.
18 September 2013
Chevron, Transocean settle over Rio oil spillUS energy giant Chevron and Swiss-based rig operator Transocean signed a deal with Brazilian prosecutors on Friday to settle lawsuits over an oil spill off the coast of Rio de Janeiro.
14 September 2013
Twitter announces IPO plans, on TwitterTwitter announced Thursday, in a tweet, that it has submitted papers for the most hotly anticipated stock offering in the tech sector since Facebook's last year.
13 September 2013
Japan mobile giant Docomo to sell iPhone: media Japan's biggest mobile carrier plans to sell Apple's iPhone, reports said Friday, days ahead of the expected launch of the US firm's addition to the popular smartphone.
Australia's Billabong posts mammoth $771mn loss Embattled Australian surfwear brand Billabong reported a huge Aus$859.5 million (US$771.7 million) net annual loss Tuesday -- triple the firm's market value and far worse than analyst forecasts.
27 August 2013
Nokia says India 'least favourite market': report Finnish telecom giant Nokia has told India's government that the country is now its "least favourable market" to operate in and it makes better sense to export its products from China.
23 August 2013
Aluminium giant Rusal posts 1H net loss of $439 mn Rusal, the world's largest aluminium producer, on Monday reported a net loss of $439 million for the first half of 2013, citing falling prices, an excess global supply and economic uncertainty.
AOL trims its Patch news operations AOL said Friday it was cutting an unspecified number of jobs at its Patch hyperlocal news operations, while consolidating or closing some Patch sites.
18 August 2013
Airlines vow to fight US move to block merger Lawyers for US Airways and American Airlines voiced confidence Wednesday that they can defeat the US suit to prevent their merger, but allowed that a negotiated deal was also possible.
15 August 2013
Cisco to cut 4,000 jobs Information technology giant Cisco announced Wednesday that it will cut 4,000 jobs, equal to five percent of its workforce.
15 August 2013
Rio to lay off 1,700 at Mongolia project Mining giant Rio Tinto on Thursday said it will lay off up to 1,700 staff at its huge Oyu Tolgoi copper mine in Mongolia after a more than US$5 billion expansion was halted.
15 August 2013
US sues to block US Airways-American Airlines merger The US Justice Department and several states sued Tuesday to block the $11 billion merger between American Airlines and US Airways, saying it would reduce competition and push up fares.
14 August 2013
Facebook to buy firm specializing in voice translation Facebook has agreed to acquire Mobile Technologies, a firm specializing in voice translation software, the two companies said Monday, without providing financial details of the transaction.
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