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EU told Microsoft had competition concerns on Vista
YAHOO
Reuters - The European Commission told Microsoft
that it had competition worries about the company's
Vista operating system, a Commission spokesman said on
Wednesday.
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Bertelsmann set to sell music biz to avoid IPO-media
YAHOO
Reuters - German media group
Bertelsmann is planning to sell its 50 percent stake in music
company Sony BMG, which it owns together with Japanese
electronics group Sony Corp., to avoid a stock market listing,
the Financial Times and the Wall Street Journal said.
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Banks drive Thomson bid of more than $6 bln: paper
YAHOO
Reuters - Investment banks are putting together a
consortium to bid more than $6 billion for the French consumer
electronics giant Thomson , The Business newspaper
reported on Sunday.
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Google to join S&P 500, shares jump
YAHOO
Reuters - Google Inc. will replace
oil and gas producer Burlington Resources Inc. in the
S&P 500 Index, Standard & Poor's said on Thursday sending the
Web search leader's shares up 9 percent.
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US says 3 Samsung execs to plead guilty
YAHOO
Reuters - Three executives with South Korea's
Samsung Electronics Co. Ltd. (005930.KS) have agreed to plead
guilty and serve jail time for conspiring to fix the price of
computer memory chips, the U.S. Justice Department said on
Wednesday.
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Microsoft delays consumer launch of Windows Vista
YAHOO
Reuters - Microsoft Corp. said on
Tuesday it plans to delay the consumer launch of its
much-anticipated Windows Vista until after this year's holiday
shopping season, sending its shares down nearly 3 percent.
Sources: YAHOO
GameStop Q4 profit rises, boosted by acquisition
YAHOO
Reuters - GameStop Corp. , the biggest
video game retailer, on Tuesday posted a significantly higher
quarterly profit, which was boosted by its $1.4 billion
acquisition of rival Electronics Boutique in October.
Sources: YAHOO
Best Buy to focus on small business customers
YAHOO
Reuters - Consumer electronics retailer Best Buy
Co. Inc. plans to focus on small business customers as
a source of growth, the executive vice president of its Best
Buy for Business division said on Wednesday.
Sources: YAHOO
TDK Corp. To Close European Subsidiary
AHN
Yvonne Lee - AHN Staff Reporter
(AHN) - TDK Corp. says Wednesday it will close production facilities at its European subsidiary.
The Japanese electronics maker says the TDK Recording Media Europe facilities shutdown will take place at the end of May and will cost $67.8 million. The plant has...
Sources: AHN
Samsung Develops World's Highest Capacity Smartphone
AHN
Yvonne Lee - All Headline News Staff Reporter
Tokyo, Japan (AHN) - Samsung Electronics is launching the world's highest capacity Smartphone, with an embedded 8GB hard disk.
South Korea's largest electronics maker says Monday that it plans to release the SGH-i310 in Europe during the...
Sources: AHN
Samsung Raises 2006 Sales Forecast By 13 Percent
AHN
Matthew Borghese - All Headline News Staff Writer
Seoul, South Korea (AHN) - Samsung Electronics Co., is raising its sales forecast for 2006.
Samsung, which is currently Asia's largest maker of cell phones and liquid-crystal displays (LCDs), has bumped its prediction up 13 percent, to $67...
Sources: AHN
Samsung Elec ups '06 sales forecast, but sees risks
YAHOO
Reuters - Samsung Electronics Co. Ltd. raised its
2006 sales forecast on Tuesday, but the estimate was below
market consensus and the firm said it was cautious because of
the risk of higher oil prices and volatile exchange rates.
Sources: YAHOO
RadioShack CEO resigns after admitting lying on resume
YAHOO
AFP - The head of US consumer electronics retailer RadioShack, David Edmondson, was forced to resign after he admitted inflating his educational background on his resume, according to a company statement.
Sources: YAHOO
RadioShack shares off on outlook after CEO quits
YAHOO
Reuters - RadioShack Corp.'s shares
edged lower on Tuesday, a day after Chief Executive David
Edmondson resigned, as investors questioned the electronics
retailer's prospects for executing its planned turnaround.
Sources: YAHOO
Philips cancels $700 mln Dell contract
YAHOO
Reuters - Philips Electronics said on
Monday it had canceled a global computer-management programme
with U.S. computer maker Dell which was estimated to
be worth up to $700 million over five years.
Sources: YAHOO
RadioShack Closing 700 Stores
AHN
Andrea Moore - All Headline News Staff Reporter
Dallas, Texas (AHN) - Electronics retailer...
Sources: AHN
RadioShack 4Q Earnings Drop 62 Percent
YAHOO
AP - Electronics retailer RadioShack Corp. on Friday said fourth-quarter earnings dropped 62 percent and said it plans to close 400 to 700 underperforming stores and distribution centers in Charleston, S.C., and Southhaven, Miss., as part of a plan to improve its financial performance.
Sources: YAHOO
RadioShack CEO says his resume incorrect
YAHOO
Reuters - RadioShack Corp. Chief
Executive David Edmondson said he lied about his academic
record, leading the electronics retailer's board to hire a
lawyer to advise it on the matter, according to statements
released by the company late on Wednesday.
Sources: YAHOO
Samsung sees handset sales rising 20 pct
YAHOO
Reuters - South Korea's Samsung Electronics,
the world's third-largest maker of mobile phones, expects its
mobile handset sales to rise by up to 20 percent this year, a
senior official said on Monday.
Sources: YAHOO
Toshiba says may have tampered with reactor data
YAHOO
Reuters - Japanese electronics maker Toshiba Corp.
(6502.T) said on Friday its engineers may have tampered with
test data on equipment used in the world's biggest nuclear
power station, operated by Tokyo Electric Power Co. (9501.T).
Sources: YAHOO
Toshiba to announce Westinghouse deal
YAHOO
Reuters - Japanese electronics maker Toshiba Corp.
(6502.T) said on Monday it would make an announcement in London
on its acquisition of shares in Westinghouse at 1045 GMT (7:45
p.m. Japan time).
Sources: YAHOO
Toshiba to finalize $5.4 bln Westinghouse deal: report
YAHOO
Reuters - Japanese electronics conglomerate
Toshiba Corp (6502.T) is expected to finalize on Monday its
purchase of nuclear-technology concern Westinghouse Electric
Co. for $5.4 billion, the Wall Street Journal reported, citing
people familiar with the matter.
Sources: YAHOO
Sony in talks to spin off 4 non-core units: source
YAHOO
Reuters - Sony Corp (6758.T) is in discussions to
sell sizeable stakes in four "non-core" businesses, including a
retail outlet and a French restaurant launched by the late Sony
founder Akio Morita, a source close the matter said on
Saturday.
Sources: YAHOO
Google blindsides Wall Street with int'l weakness
YAHOO
Reuters - Google Inc.'s reach may
be global, but the Web search leader depends on just two
national markets for three-quarters of its sales, and analysts
see little chance of it diversifying soon.
Sources: YAHOO
Vivendi buys out Matsushita's Universal stake
YAHOO
Reuters - Vivendi Universal is buying
Matsushita Electric Industrial's (6752.T) minority stake in
Universal Studios for $1.154 billion in a deal that the French
telecoms and media company's earnings expects to boost
earnings.
Sources: YAHOO
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