With PlayStation network, Sony goes back to the future in search of revival

Japan's Sony Corp is hammering out plans to rise from the ashes of nearly $10 billion lost in six years by building a future around its last consumer electronics blockbuster - the PlayStation.


Orange's network investments help ward off low-cost rivals in France

Telecoms operator Orange's investment in faster fiber and mobile broadband networks in its French home market has started to pay off, as its high-end focus insulates it from cut- price fixed plans offered by rival Bouygues.

China regulator in anti-monopoly probe of Microsoft

A Chinese regulator said on Tuesday it is conducting an anti-monopoly investigation into Microsoft Corp (MSFT.O) because the firm has not fully disclosed information about its Windows operating system and Microsoft Office software.

MIT Unveils Its Top Fifty Smartest Companies in 2014; Genome Mapping company lords over Google, Samsung and Amazon [See List]

The MIT Technology Review has recently released its list of the top companies from different fields of industry who have made impressive strides in its fields. The list showed companies who made dramatic developments in different fields, including engineering, agricultural technology, and the world wide Web.


Latest News

The euro was stuck near its lowest level since November and Russian shares tumbled for a third straight day on Monday as new European sanctions for Moscow chilled the already frosty relationship between the two.
President Barack Obama could act without congressional approval to limit a key incentive for U.S. corporations to move their tax domiciles abroad in so-called "inversion" deals, a former senior U.S. Treasury Department official said on Monday.
JD.com Inc, China's second-biggest e-commerce company by market share, will accept pre-orders for Microsoft Corp's Xbox One games console in China from July 28 to July 30, the firm said on Monday.
Argentina looks set to default on its debt for the second time in 12 years next Thursday as negotiations with "holdout" investors seemingly go nowhere and neither side shows signs of blinking first, though a last minute deal can't be discounted.
Individual Retirement Account contributions are getting larger - an encouraging sign of a recovering economy and improved habits among retirement savers.
McDonald's burgers and shakes may become the latest victims of worsening ties between Moscow and Washington after a Russian consumer watchdog agency accused the U.S. chain of sanitary violations.
Orders for long-lasting U.S. manufactured goods rose more than expected in June, pointing to momentum in the economy at the end of the second quarter.The Commerce Department said on Friday durable goods orders increased 0.7 percent as demand increased from transportation to machinery and computers and electronic products.
Amazon.com Inc posted a much larger-than-expected loss in the second quarter as it continues its rapid pace of investment in new businesses such as digital content and consumer electronics.
Amazon.com Inc posted a much larger-than-expected loss in the second quarter as its rapid pace of investment in businesses such as digital content and consumer electronics offset a 23 percent jump in revenue.
The mobile industry has long held that Samsung's broad range of mobile devices makes it nimble in changingmarkets, while Apple loses out by rigidly sticking to its high-end gadgets.