Oi SA plunged following its announcement about an unexpected loss and reduction of its dividend payment.
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A breakup is inevitable if BlackBerry goes private
Analysts said Blackberry would be broken up into pieces if a private equity firm would purchase the smartphone maker.
Apple is facing a May 2014 trial on e-book damages
US District Judge Denise Cote scheduled a May 2014 trial for Apple to determine damages. On Wednesday, a court order said US District Judge Denise Cote scheduled a May 2014 trial for Apple to determine damages.
New iPhone, 4G license grant may mean Apple, China Mobile deal is looming
Analysts said the release of new iPhone and the 4G license grant for China Mobile might mean Apple and China Mobile's deal is looming.
Cloud services market to grow by 18.5% to USD131 billion this year - Gartner
Gartner said this year, the public cloud services market would grow by 18.5% to USD131 billion worldwide.
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Venture capital tycoon Prem Watsa quit from BlackBerry board and was expected to outline BlackBerry's stock market exit.
AOL CEO Tim Armstrong apologized through a memo sent to the company's personnel. Tim Armstrong, Chief Executive Officer of multinational mass media company AOL Inc.
Omega Advisors Inc sold its shares in Facebook and precious metals' companies and bought Apple shares after Apple's decline.
Foxconn Technology Group's second quarter earnings report showed a boost of 40.8% due to strong iPhone sales and reduced costs by building factories in China.
Analysts said the once-core enterprise of compact digital cameras already seemed increasingly obsolete due to smartphones.
A labor rights group reported that the Brazilian government filed a USD108 million lawsuit against Samsung for its labor violations.
Sources said DoCoMo would select from the smartphone models of Fujitsu, Sharp and Sony for the company's major winter product lineup.
Zynga announced the exit of some senior executives, including David Ko, Zynga's Chief Operating Officer, as part of the company's streamlining plans.
India's biggest producer Tata Steel is looking for a comeback with a 30% rise in share price this year, prompting an industry observer to suggest that investors sell their Tata stake now.
