Telstra to exit Hong Kong mobiles business in $2B deal
Australia-based mobile device provider Telstra Corporation Ltd will sell CSL, its Hong Kong-based mobiles business to HKT Limited in a deal valued at $2.425 billion.
Consumer Electronics
Companies Now Mandated to Fix Out-of-Warranty Devices Following New EU Directive
The European Commission approves new 'right to repair' legislation, easing the repair process for out-of-warranty devices and extending warranties.
Nvidia Now Acquiring Close Partner Run:ai! Acquisition Price, Purpose, Other Details
Nvidia is acquiring Run:ai. Here's what the giant GPU manufacturer plans to do with this acquisition...
iPhone Sales Plummet in China While Huawei Reigns Supreme in Q1
In Q1 2024, iPhone sales in China dropped significantly by 19.1%, contrasting with the modest 1.5% growth in the overall smartphone market, largely attributed to Huawei's 69.7% surge with its Mate 60 ..
Amazon Is Ending Drone Deliveries in California, Eyes Arizona Expansion
Amazon has ceased drone delivery operations in Lockeford, California, as it prepares to expand its Prime Air program in Arizona...
Apple Reportedly Acquired French AI Startup Datakalab, Focusing on AI and Computer Vision
Apple has acquired Datakalab, a Paris-based startup specializing in AI...
Samsung to Implement Six-Day Work Week for Executives Slammed by Critics 'Not Effective'
Samsung's decision to implement a six-day work week for executives acr...
Latest News
Alcatel union says management to sell corporate telephone systems business
The French Democratic Confederation of Labour (CFDT) on Thursday said that loss-making French telecom equipment maker Alcatel-Lucent SA will be selling its enterprise telephone systems business.
Former SAP executive John Sims to head BlackBerry's key business segment
Troubled smartphone maker BlackBerry on Tuesday announced that John Sims will join the company as head ofmits gloabl enterprise services business. Sims is a former executive at German software firm SA
Jabil Circuit to exit aftermarket services for $275M
Jabil Circuit, whose customers include Apple and Cisco Systems, will put up for sale its aftermarket services for $275 million. The contract electronics maker also looks to part ways with BlackBerry a
California stealth firm Luxvue nabs $25.2M for micro-LED tech project
Santa Clara, California-based stealth micro-LED technology firm LuxVue Technology Corp has raised $25.2 million in funding, according to a filing with the Securities and Exchange Commission.
Two more executives to leave Canada's beleaguered BlackBerry
Sources told the Wall Street Journal that BlackBerry's executive vice president of global sales and official in charge of its mergers and acquisitions strategy will be departing the struggling smartph
Google acquires robotics company Boston Dynamics
Google Inc. on Friday announced that it had completed the purchase of engineering and robotics company Boston Dynamics. Boston Dynamics is the eight robotics firm that the Internet giant has acquired
Samsung Electronics Co appoints Gregory Lee as President of North America Headquarters
Gregory Lee will be leading the North America Headquarters of Samsung Electronics Co. This will be in addition to his role as the President of Samsung Telecommunications America, the company said in a
Nielsen study says Asian American households spend 19% more than US households
A Nielsen study showed that Asian American households spend more than US households by an estimated 19%. They were also the top online shoppers. the South China Morning Post reported.
San Francisco ad tech firm Delivery Agent picks banks for 2014 IPO
San Francisco-based advertising technology company Delivery Agent Inc has picked Credit Suisse Group AG and Deutsche Bank AG to lead its planned initial public offering (IPO) in 2014.
