NXP Semiconductors and Freescale Semiconductor have agreed to merge in a deal that values Freescale at $11.8 billion and would create a combined company with a market value of more than $30 billion.
Sony’s struggling mobile unit can’t be justified at a low profit margin and won’t tie itself to smartphones or even hardware, its new president says.
Telecom firms trying to connect billions more people to the Web aren’t sure if Facebook is their friend or foe. Tensions between the phone and Internet industries will be on display at the Mobile World Congress in Barcelona.
At a private meeting with top European telecommunications firms in December, a Google Inc. envoy made a surprising pitch: let’s bury the hatchet.
Lumber Liquidators countered accusations raised on “60 Minutes” Sunday that the company sold laminate flooring that didn’t meet safety standards, saying the attacks were driven by short sellers.
EBay’s PayPal unit is buying mobile wallet firm Paydiant as competition for in-store payments grows from rivals Apple and Google.
Microsoft has a new fix-it plan for the company’s smartphone business: Wait a little longer.
Rebekah Brooks is close to finalizing a deal to return to News Corp, people familiar with the matter said.
BlackBerry announced a cloud version of its mobile security software, its latest move to win business from its traditional government and business customers.
Alibaba Group said it would work with Taiwanese officials after the Chinese e-commerce giant was told to withdraw from the market within six months for breaching investment rules.