• It marks the beginning of a time-honored process for public companies, which will culminate in the fall, when many Facebook employees receive the same right to sell their shares.

    LAST UPDATE : Aug 22, 2012, 4:10 AM EDT
  • Foxconn Technology Group is to set up an operation in Indonesia with plans to invest $5-10 billion over five to 10 years and starting with the assembly and production of 3 million handsets per year, Indonesia's Trade Minister Gita Wirjawan says.

    LAST UPDATE : Aug 22, 2012, 2:06 AM EDT
  • * No longer sees positive EBIT in 2012

    * H1 sales 340 mln eur vs 534 mln year ago

    * H1 EBIT loss 144 mln eur vs 70 mln profit year-ago

    * Shares fall 12 percent

    By Christoph Steitz

    FRANKFURT, Aug 13 (Reuters) - Germany's SolarWorld slashed its outlook for the current year, accusing Chinese peersof unfairly undercutting the prices of its components whichpushed the company to a surprise first-half operating loss.

    LAST UPDATE : Aug 22, 2012, 12:52 AM EDT
  • Apple Inc licensed itsprized design patents to Microsoft Corp but with an"anti-cloning agreement" to prevent copying of its iPhone andiPad, an Apple executive said on Monday.

    LAST UPDATE : Aug 21, 2012, 6:14 PM EDT
  • SUNNYVALE, CA - JULY 17: The Yahoo logo is displayed in front of the Yahoo headqarters on July 17, 2012 in Sunnyvale, California. Yahoo will report Q2 earnings one day after former Google executive Marissa Mayer was named as the new CEO.

    Yahoo Inc startled investors by announcing that new Chief Executive Marissa Mayer may reconsider what it does with the cash it gets from a multi-billion dollar sale of half of its 40% stake in Chinese Internet company Alibaba Group.

    LAST UPDATE : Aug 21, 2012, 12:17 PM EDT
  • U.S. battery maker A123 Systems,which got a quarter-billion dollar green technology grant from the Obama administration, said on Wednesday that a Chinese autoparts maker is looking to take a controlling stake in the faltering company.

    LAST UPDATE : Aug 22, 2012, 12:52 AM EDT

     Apple Inc will buy fingerprint sensor technology developer AuthenTec Inc for about $356 million, striking a deal that could put its iPhone at the center of the emerging mobile payments market.

    LAST UPDATE : Aug 21, 2012, 8:07 AM EDT
  • Microsoft's advertising business struggled to compete with rival Google

    Computing giant Microsoft has made the first quarterly loss in its history after it wrote off some of the value of its online advertising business.

    LAST UPDATE : Aug 20, 2012, 11:03 AM EDT