Sectors

Airomo stated that there were many problems in the app business that would make the industry less profitable.

The pinch-to-zoom patent lawsuit of Apple against Samsung was rejected by US Patent and Trademark Office.

Leading financial services group Manulife Financial sold its life insurance venture in Taiwan to CTBC Life Insurance Co., Inc.

European stocks increase headed for its best month since October 2011 while Asian shares fell. US futures experienced little change.

Amkor Technology announced it has purchased Toshiba Electronics Malaysia but financial details about the deal were not disclosed.

Analysts said that Apple's business strategies and continuous innovation would be the key to the company's success in the future.

Sunil Lalvani, BlackBerry India's managing director said that the company was not in any kind of trouble.

There were reports that said Sydney Leathers will be making a flick based on her e-fling with Weiner.

Analysts stated that Apple currently presents several avenues for sustained growth which makes it a good investment.

Sprint's earnings report showed that it lost US$638 million and 1.05 million subscribers due to Nextel's closure.

BlackBerry could turn things around if the company's restructuring, product improvement and marketing strategy would succeed.

Analysts said that the president and CEO of Yahoo's purchase spree was all about catching up in the mobile space.

Bradley Manning was cleared of the most serious charge against him, that of "aiding the enemy".

Paris-based Eutelsat agreed to acquire Satmex for a total of USD 1.14 billion, including its outstanding debt.

App market faces problems on generating profit