The company blamed the slump in the memory chip market for the loss. A loss on its Q3 results was expected, but analysts were caught out by the severity of the amount. Telecoms equipment specialist Siemens AG has sent out a staggering profit...
Toshiba Group has announced a loss of $194m for the first half of its fiscal year. The results represent a dramatic decline in fortunes for the group, which includes the parent company and over 300 partly or wholly-owned subsidiaries.
Boo.com became a by-word for new media excess as a champagne lifestyle failed to hide the fact that very few people were buying its products. The company went under but is now being re-born after US fashionmall.com paid £250,000 for the brand.
First up, the Financial Times believes Japan's largest mobile phone operator, NTT DoCoMo, is about to secure a stake in AT&T Wireless. The deal has been made possible by AT&T's commitment to break the company into four separate units.
The news comes as the chip industry struggles to drag itself out of recession through consolidation and collaboration. South Korean chipmaker Hynix is in talks with its domestic arch-rival Samsung and German giant Infineon over alliances which...
They were not designed to deliver complex analytics on terabytes of data quickly and, as the volume of data used in organisations grows exponentially, extracting information becomes more time-consuming and complex.
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