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Taiwan-based phone maker HTC Corp to turn to more affordable smartphones after last year's losses

HTC Corp intends to expand its range of more affordable smartphones after the losses it experienced last year for its high-end product offerings, Reuters reported.


French firm Accor plans on selling its full stake in Mumbai BKC hotel

Paris, France-based hospitality major Accor is aiming to exit its 40% stake in Mumbai, India-based Sofitel hotel in Bandra-Kurla Complex (BKC) and fold the Sofitel brand into itself, according to sources.

ISS recommends against approving Icahn's share buyback plan for Apple Inc

Proxy advisory firm ISS Inc has urged shareholders not to support the share buyback proposed by Carl Icahn to return more cash to its shareholders, Reuters reported.

Australian miner Axiom acquires gold-silver-copper project in Solomon Islands

Queensland, Australia-based mining and exploration firm Axiom Mining acquired the gold-silver and copper-gold mineralization West Guadalcanal Project located in the Solomon Islands for an undisclosed amount.


Latest News

Venture capital firm Social+Capital Partnership has appointed its former Entrepreneur in Residence or EIR Ray Ko to serve as its first Growth Partner, TechCrunch reported.
Cambridge, Massachusetts-based firm MC10 made a bio-stamp that can take a person's vital signs and a head impact indicator backed by Reebok monitor for possible head trauma.
SportPursuit, a flash sales site based in the UK, nabbed £5M from its Series B financing round led by London-based venture capital firm DFJ Esprit and participated in by Silicon Valley Bank and angel investors, TechCrunch reported.
Oregon, US-based startup bRight Switch launched a crowdfunding campaign on Indiegogo to raise $115,500 for a prototype of a wall-fixed smart tablet that will replace the ordinary home light switch.
Political and financial upheaval in some of the world's largest emerging economies is driving a new wave of rich migrants to London's supercharged property market as a place to park their wealth, data from a leading real estate agency showed on Friday.
Google Glass is doing more roadshows to give the public and politicians the chance to try Google Glass and help remove the negative publicity that surrounds it, TechCrunch reported.
Hanoi, Vietnam-based game developer Don Nguyen of dotGears took down the top-ranking mobile game Flappy Bird from both iOS and Google Play app stores today, reportedly due to the various criticisms he had been receiving in connection with the game.
Amazon Inc. started selling its Kindle online in Brazil on Friday, expanding from ebooks into retail for the first time in Latin America's biggest and most challenging ecommerce market.
Nestle, the world's biggest food company, is looking at ways to reduce its $30 billion stake in cosmetics firm L'Oreal, Bloomberg reported on Saturday, citing sources with knowledge of the matter.
Brisbane, Californian-based women's retailer Bebe Stores Inc is thinking of selling the company and is reaching out to private equity firms, according to people interviewed by Reuters.