BlackBerry unveils new mid-tier smartphone ORLANDO, Florida (Reuters) - BlackBerry unveiled a new mid-tier smartphone device with a physical keyboard on Tuesday, the feature that still sets it apart from most rivals, and said its make-or-break new devices had put the company back on solid ground.

The Canadian company, which hopes... ...Read More »

Sharp to seek Samsung edge for survival as Apple sales lose steam By Reiji Murai

TOKYO (Reuters) - Japanese display maker Sharp Corp, a supplier to Apple Inc, will aim to boost sales to the iPhone maker's chief rival Samsung Electronics Co under a three-year rehabilitation roadmap to secure its survival.

The business plan, due f... ...Read More »

Dell committee seeks more info from Icahn, Southeastern NEW YORK (Reuters) - Dell Inc's special board committee asked activist investor Carl Icahn on Monday for details of his plan to buy the computer maker, including how he would finance a cash payout for shareholders and who would run the company if his preferred slate of board directors was installed.

... ...Read More »

Hon Hai's Apple pie under threat from Pegatron By Clare Jim

TAIPEI (Reuters) - Hon Hai Precision Industry Co Ltd <2317.TW>, the world's largest electronics contract manufacturer, faces growing competition from cross-town rival Pegatron Corp <4938.TW>, a company that is just a quarter of its size by revenue.

... ...Read More »

U.S. judge orders Hewlett-Packard to face shareholder lawsuit By Jonathan Stempel and Nate Raymond

(Reuters) - Hewlett-Packard Co <HPQ.N> must defend against a lawsuit accusing former management at the world's largest personal computer maker of defrauding shareholders by abandoning a business model it had long touted, causing more than $16 ... ...Read More »

Icahn, Southeastern offer alternative to Dell buyout (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc, two of Dell Inc's biggest shareholders, have proposed an alternative to a $24.4 billion buyout deal led by founder Michael Dell.

In a letter to Dell's board on Thursday night, Icahn and Southeastern pro... ...Read More »

Looking for a comeback, Zynga embraces austerity and FarmVille By Gerry Shih

SAN FRANCISCO (Reuters) - In the past twelve months, Zynga Inc has struggled with a contracting player base, a deflated stock price and waves of layoffs. Now it is coming to terms with downsized ambitions.

As Chief Executive Mark Pincus, 47, leads the on... ...Read More »

M&S sees gains from infrastructure, ecommerce upgrades By James Davey

CASTLE DONINGTON, England (Reuters) - Marks & Spencer <MKS.L>, Britain's biggest clothing retailer, said on Wednesday it was on track with a plan to address two decades of under-investment in its infrastructure and create a fast, agile and flexible supply chain. ...Read More »

Target tests if Facebook-driven deals bring shoppers into stores (Reuters) - Target Corp is rolling out Cartwheel, a service that combines social networking and discounts, the latest attempt by a U.S. retailer to lure shoppers into its physical stores rather that seeing them buy from online rivals.

Target said its new program relies on shoppers using th... ...Read More »

BlackBerry shares hit by Pacific Crest report TORONTO (Reuters) - Shares of BlackBerry slid more than 5 percent on Tuesday after Pacific Crest Securities issued a downbeat report on sales momentum for smartphones running the company's new BlackBerry 10 operating system.

Pacific Crest analyst James Faucette, who has a underperform ... ...Read More »