BlackBerry CEO: I am very disappointed

BlackBerry CEO Thorsten Heins had declared his disappointment as to last quarter's results. BlackBerry CEO Thorsten Heins intimated he was 'very disappointed' with the results from the last quarter as the sales of the company's smartphones plunged, most especially in the Americas.


Janet Yellen is leading contender to head US Federal Reserve- source

A source told Reuters that US Federal Reserve Vice Chair Janet Yellen was still the top choice to succeed Chairman Ben Bernanke in January.

Analysts, industry execs weigh in on Fairfax Blackberry offer

Analysts and industry executives gave their take on the USD 4.7 billion buyout offer for BlackBerry on Reuters Instant View.

NCUA files case against Morgan Stanley and 8 others for selling USD 2.4 billion in faulty securities

A US regulator filed a case against Morgan Stanley and eight other lenders for selling faulty securities to two credit unions.


Latest News

State officials who would be managing "Obamacare's" healthcare insurance said they are confident that they would still be able to access funds in the event of a government shutdown.
Leucadia National Corp bought USD 158 million worth of Harbinger Group Inc shares from Philip Falcone's hedge funds.
Sources told Reuters that the United Overseas Bank of Singapore and the Australia & New Zealand Banking Group was contemplating a bid for Wing Hang Bank.
South Korean electronics maker LG would be launching its newest smartphone, the G2, next month. Electronics maker LG would be launching the G2 at the Four Seasons Hotel in Riyadh on October 1.
Swiftype, a software company that assists clients to integrate search engines in their company sites, raised another USD7.5 million in its recent funding round.
US Government software contractor Palantir Technologies, Inc has raised USD196.5 million in capital for growth, according to a filing with the US Securities and Exchange Commission.
JC Penney Co Inc's decision to sell shares caused its stock value to further depreciate. The decision by JC Penney Co to strengthen its cash reserves by the issuance of new USD1 billion in new shares resulted in a decline in its stocks by more than 13% last Friday.
Research from gadget insurer Protect Your Bubble revealed that over half of smartphone and tablet users in Britain performed emergency repairs of their unit.
A doctor has confirmed that the iOS 7 could make some users feel nauseous. A doctor confirmed that the iOS 7 that powers Apple's iPhones and iPads could make people carsick.
According to a Forbes report, the use of mobile phones as mobile money platforms has grown. According to a Forbes report, the use of mobile phones as mobile money platforms has increased in South Africa.