HTC said it expects sales to at least stay flat in the fourth quarter after three years of decline, and predicted an increase in handset shipments as well as continued profitability.
The sharp drop in Samsung’s mobile-phone business raises the question: Will Chinese companies soon rule the smartphone market?
Andy Rubin, co-founder and former leader of Google’s Android mobile business and the current head of its nascent robotics effort, is leaving the company.
Fiat Chrysler’s Ferrari sports-car subsidiary has agreed to pay a $3.5 million civil fine for failing to report three fatalities and make other required safety defect reports to U.S. regulators.
Paramount Pictures has prevailed in a lawsuit brought against it by a group of unhappy financiers who made a deal with the studio 10 years ago.
Big banks in the U.S. and Europe are stockpiling billions to pay for a potential trans-Atlantic settlement of allegations that they manipulated foreign-exchange rates.
U.S. stocks surged, with the Dow Jones Industrial Average hitting an intraday record high, spurred by the Bank of Japan’s decision to unexpectedly expand its stimulus measures.
The Bank of Japan on Friday unexpectedly announced additional stimulus measures, bolstering its asset purchases for the first time in over a year and a half, as its 2% inflation target looks increasingly untenable.
Gottfrid Svartholm Warg has been found guilty alongside a 21-year old Danish accomplice of hacking into systems operated by the Danish arm of Computer Sciences Corp.
The Bank of Russia raised interest rates by 1.5 percentage points seeking to slow surging inflation and shore up the sagging ruble as the economic cost of sanctions and falling oil prices deepens.