Financial Services

Sony Ericsson profits plummet 98 per cent

Sony Ericsson profits plummet 98 per cent

Sony Ericsson is looking at staffing cuts after the company incurred a disastrous financial quarter.
Shaun Nichols Jul 21 2008 9:07AM Financial Services
Sony Ericsson blames component shortages for poor results

Sony Ericsson blames component shortages for poor results

For the second time this year, Sony Ericsson has blamed component shortages for disappointing handset sales in a quarter. It has also pointed the finger at increased R&D costs.
Tony Dennis Jun 30 2008 7:36AM Financial Services
Google sued for US$1 billion

Google sued for US$1 billion

Google is being sued for US$1bn by a technology start up that claims the search giant stole a migration tool it had developed..
Iain Thomson Jun 27 2008 7:46AM Financial Services
Yahoo turned down US$40 per share offer from Microsoft

Yahoo turned down US$40 per share offer from Microsoft

Documents unsealed in a court case have shown that Yahoo turned down an offer from Microsoft in 2007 valuing the company's shares at US$40 each..
Iain Thomson Jun 5 2008 4:17PM Financial Services
Yahoo postpones annual meeting

Yahoo postpones annual meeting

Yahoo has been forced to delay its annual board meeting in the face of an investor rebellion..
Shaun Nichols May 26 2008 7:43AM Financial Services
Vulture capitalists circle Yahoo

Vulture capitalists circle Yahoo

Investors are piling into Yahoo stock in the expectation that investor Carl Icahn will force a sale to Microsoft..
Iain Thomson May 26 2008 7:43AM Financial Services
ASIC protects Telstra shareholders targeted by lowball offer

ASIC protects Telstra shareholders targeted by lowball offer

The Australian Securities and Investments Commission (ASIC) has moved to protect Telstra shareholders recently targeted to sell their shares at a heavily discounted price.
Staff Writers May 23 2008 12:06PM Financial Services
HP posts strong second quarter

HP posts strong second quarter

HP has released its latest quarterly financials, reporting an 11 percent boost in revenues..
Shaun Nichols May 22 2008 7:53AM Financial Services
Former AOL execs charged with US$1 billion fraud

Former AOL execs charged with US$1 billion fraud

The US Securities and Exchange Commission (SEC) has filed charges against eight former AOL Time Warner executives..
Shaun Nichols May 21 2008 2:41PM Financial Services
AOL wraps up Bebo buy

AOL wraps up Bebo buy

AOL has completed its $850m acquisition of social networking site Bebo, and has launched a new People Networks business unit based around the buy..
Staff Writers May 21 2008 7:35AM Financial Services
CBS buys CNET for US$1.8 billion

CBS buys CNET for US$1.8 billion

US broadcasting corporation CBS has agreed to purchase web publisher CNET Networks for US$1.8 billion..
Shaun Nichols May 19 2008 12:03PM Financial Services
Ask.com to acquire Lexico Publishing

Ask.com to acquire Lexico Publishing

Search firm Ask.com is to acquire Lexico Publishing Group which owns Dictionary.com, Thesaurus.com and Reference.com..
May 16 2008 7:30AM Financial Services
Budget 08: Businesses face new budget burden with tax changes

Budget 08: Businesses face new budget burden with tax changes

To offset spending, the Government has introduced changes to Fringe Benefits Tax claims and software depreciation for purchases made after 13 May 2008.
Liz Tay May 15 2008 10:44AM Financial Services
Budget 08: IT industry has mixed response to Federal Budget

Budget 08: IT industry has mixed response to Federal Budget

The Federal Government’s promises of improving digital education, innovation and broadband connectivity has failed to completely satisfy the IT industry.
Liz Tay May 15 2008 10:43AM Financial Services
Yahoo/Microsoft deal may be back on

Yahoo/Microsoft deal may be back on

The Yahoo/Microsoft merger may be back on after it emerged that billionaire investor Carl Icahn has taken a sizable shareholding in Yahoo..
Iain Thomson May 15 2008 7:35AM Financial Services
HP signs off on EDS acquisition for US$13.9 billion

HP signs off on EDS acquisition for US$13.9 billion

HP has signed a deal to buy outsourcing giant EDS for US$13.9 billion.
Mitchell Bingemann May 14 2008 8:01AM Financial Services
HP eyes-up EDS for a potential billion dollar deal

HP eyes-up EDS for a potential billion dollar deal

Hewlett-Packard has confirmed that it is in advanced talks to acquire global IT services company Electronic Data Systems (EDS) in a deal worth billions of dollars.
Lilia Guan May 13 2008 4:41PM Financial Services
RIM announces $150m venture capital fund for next-gen mobile apps

RIM announces $150m venture capital fund for next-gen mobile apps

Research In Motion (RIM) will invest US$150 million in mobile applications and services for BlackBerry and other mobile platforms.
Liz Tay May 13 2008 11:39AM Financial Services
HP 'in talks' to buy EDS

HP 'in talks' to buy EDS

HP has announced an interest in buying IT services firm Electronic Data Systems (EDS.).
Shaun Nichols May 13 2008 9:33AM Financial Services
MPAA wins US$110 million from TorrentSpy

MPAA wins US$110 million from TorrentSpy

Popular download site TorrentSpy has lost its case against the Motion Picture Association of America (MPAA) and has been ordered to pay US$110 million in damages..
Iain Thomson May 9 2008 2:44PM Financial Services

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