HELSINKI, Finland - World-leading mobile phone maker Nokia Corp. on Thursday downgraded its fourth-quarter market outlook for the second time, saying the slowdown in the industry was bigger than expected.
JOHANNESBURG - The global financial crisis could trigger a round of deal-making in Africa’s telecoms industry as the biggest mobile operators pounce on smaller players struggling to raise funds to expand their networks.
TAIPEI - Hewlett-Packard HPQ.N, the world’s top personal computer seller, said on Thursday it is exploring new ways to help businesses afford PCs as many cut back on spending in the current economic downturn.
PARIS - Alcatel-Lucent is not planning to exit the mobile telecoms business, the French American telecoms gear provider said on Thursday in response to investor suggestions it should hive off the struggling unit.
LONDON - BlackBerry maker Research In Motion Ltd cut its third-quarter profit and revenue outlook to well below Wall Street expectations, setting shares in the company up for a 7 percent fall on Wednesday.
Miami real estate agent Lucas Lechuga began blogging to share his knowledge of the local market. He didn't bargain for a $25 million defamation lawsuit when he wrote that a Miami developer had gone bankrupt decades ago.