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Canadian government carefully watching BlackBerry, wishes smartphone maker well

Industry Minister James Moore stated the Canadian government has been carefully watching BlackBerry as the smartphone maker weighs its options.


BlackBerry's phone unit is 'essentially worthless' - analysts

Analysts said the money-losing hardware unit of BlackBerry would force breakup leaving patents, software and security system as its only viable assets.

Jesta to refund clients' money, pay USD1.2 million to FTC on mobile charges

Jesta Digital LLC would refund its clients and pay USD1.2 million to the Federal Trade Commission over claims that Jesta included unwarranted fees to consumers' cellphone bills.

China Resources places bid for ParknShop

China Resources submitted an offer to buy ParknShop, the Hong Kong supermarket chain. China Resouces placed its own bid to acquire ParknShop, said the group's Chief Financial Officer Frank Lai.


Latest News

AllThingsD reported Google Inc is currently having talks with the National Footbal League to acquire the rights to NFL's Sunday Ticket service presently owned by DirecTV.
Sources said Panasonic Corp would expand its enterprise in lithium-ion battery by investing no less than JPY20 billion for its production.
US District Judge Samuel Conti dismissed a court case filed by the shareholders of Netflix Inc due to failure to resolve shortcomings.
Goldman Sachs invested USD40 million in software company SugarCRM allowing Goldman Sachs VP Antoine Munfa to join SugarCRM's board of directors.
Life Technologies Corp members of the board approved through voting the company's merger with Thermo Fisher Scientific.
Today Fibra Inn said that it had acquired Hotel Camino Real Guanajuato over a deal valued MXN230 million.
Worldwide Internet Inc. announced today that it would acquire a portfolio asset in Greener Wind Solutions after it had completed acquisition of assets at Ludvik Holdings Inc.
Abbott announced the completion of its purchase of IDEV Technologies Wednesday. Abbot reported today the finalization of its acquisition of IDEV technologies for USD 310 million.
L'Oreal's planned expansion into China's beauty markets had been burdened with complications as the country mandates animal testing for every new product introduced to Chinese consumers.
Another of JPMorgan's senior officials resigned from their post. JP Morgan Chase & Co securities and industry banker William Cruger resigned from the firm according to a reliable source.