Tencent upgrades WeChat as company hopes to boost revenue through games

Tencent upgraded WeChat as the Chinese company hoped to boost its revenue through addictive games on mobile devices.


Varma shifts investment to equities

Finland's pension fund and largest private investor Varma said it would be increasing its equities investments for the second quarter of 2013.

Baidu okays USD 1.85 billion acquisition of 91 Wireless

Baidu Inc said it would be purchasing 91 Wireless, an app store, for USD 1.85 billion. Baidu Inc announced that it had agreed to buy Netdragon Websoft Inc's app store.

Report says HTC is dumping Windows Phone

A report from Digitimes said HTC would most likely "drift away" from Windows Phone so that it could focus on its Android smartphones.


Latest News

An independent foundation of KPN questioned billionaire Carlos Slim's motive for bidding for the remaining shares of the Dutch firm that he does not already own.
Facebook revealed the number of daily users from the US and UK to attract advertisers in spending more money in the social network.
Billionaire Prem Watsa could be the key to any successful Blackberry deal. As beleaguered smartphone maker Blackberry Ltd begins to contemplate a sale of its holdings, Reuters reported that the success of any deal would rest in the hands of Prem Watsa.
Yelp added a new functionality, allowing everyone to write and edit full reviews through the Yelp mobile app.
Hedge fund billionaire Carl Icahn told Reuters he thinks Apple must trade at USD700 per share since the current price at USD489.57 each is too cheap for the company.
Arno Lenior, Samsung Australia's chief marketing officer, said Apple-mocking ad campaigns has worked wonders for Samsung.
Millennial Media Inc is to purchase Jumptap Inc for around USD225 million in stock. Millennial Media Inc agreed to purchase Jumptap Inc for around USD225 million in stock.
Verizon Foundation teamed up with UC San Diego for the treatment of tuberculosis, while Cisco launched MR34 to aid the growing demand for infrastructure.
Marco Argenti, head of developer relations in Nokia, announced that he left Nokia for a job at Amazon's Web Service Business.
Brocade Communications Systems Inc beat analysts' estimates with its third quarter earnings report as demand for storage products rise.