Softbank says no firm plans in the offing for Alibaba IPO

The CEO of Softbank Corp said that there is no "firm plan" in place for the widely-anticipated Alibaba IPO.


Centrica expects to close on deal on USD 1 billion on US oil group buy

Centrica announced that it expects to close its USD 1 billion buy of Hess's Energy Marketing this year.

Alcatel rebounds in strong growth, beats estimates

Alcatel rebounded with strong growth that beat estimates. Alcatel-Lucent rode in strong growth and beat analysts' estimates. The struggling telecom equipment maker posted this strong growth for its key US market.

Apple wins South African tablet race, Samsung close second

Researchers said that Apple led the South African tablet industry while Samsung trailed at second. Over 1. 4 million units of tablets were purchased by South Africans in a span of three years, said research firm World Wide Worx.


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Apple issued a statement in response to Pegatron's claimed labor abuses. Apple responded to claims that its Shanghai-based manufacturer, Pegatron, was involved in labor abuses.
YouBeauty gets a series A-1 funding worth US $8.6 million in a round led by existing investor Countur Venture Partners.
The growth equity firm acquired around 27% of the international music platform's equity stake. Growth equity firm Stripes Group made a considerable minority investment in a London-based international music platform.
A source that was familiar with the discussions on the Teck-Iron Ore deal said that Teck Resources Ltd was among few bidders battling to acquire Rio Tinto Group's controlling stake in the Canada-based firm.
Ericsson bought Canadian form Telcocell. One of the oldest players in the mobile phone industry expanded its internal infrastructure with the acquisition of Telcocell.
Samsung was nearing the completion of its planned purchase of Novaled AG. Samsung Group was reported to be nearing the completion of an acquisition agreement with Novaled AG, a German company that made materials used to light up television screens and smartphones.
According to research, the iPhone's release revolutionized how costumers picked their gadgets. According to analysts, consumers have shifted from buying only based on the price tag.
Huawei launched their first product on Saudi Arabia in a Riyadh conference last night. Chinese mobile phone manufacturer Huawei formally entered the Saudi Arabian market, vying for a place in the hotly contested smartphone industry sales race.
Paul O'Brien developed an app that enables HTC One users to switch between Sense and Google Experience.
Last episode saw the dramatic exit of Desiree Hartsock of "The Bachelorette". It seemed that the extended finale of "The Bachelorette" may be worth it.