One major reason why Nortel Networks Corp. filed for protection from its creditors in the U.S. and other countries today was to preserve $2.4 billion in cash, which the company plans to use to provide support and service its customers, Nortel's head ...
It's business as usual as Nortel seeks bankruptcy protection from creditors, according to the company's enterprise chief.
Researchers at the Massachsetts institute of Technology are testing a robotic forklift prototype they hope can one day unload and move military supplies in a war zone keeping soldiers out of harm's way.
Optus has paid the second highest penalty to date for alleged breaches of Australia’s spam legislation.
Yahoo's new CEO, Carol Bartz, is unlikely to sell Yahoo's search business to Microsoft unless it fits into her own plan for how to fix Yahoo, despite rumors that a deal between the two is imminent, analysts said Wednesday.
Advanced Micro Devices said Wednesday that it will release dual-core Neo processors in the second half of this year.
A number of stolen prototypes of Sony Ericsson mobile phones were found at the home of a company employee, Swedish police said on Wednesday.
The board of Satyam Computer Services has hired two accounting firms to restate the accounts of the scandal-ridden company.
Financially struggling Nortel Networks filed for Chapter 11 in US bankruptcy court yesterday.
Yahoo said on Tuesday it has chosen former Autodesk CEO Carol Bartz as its next CEO to replace Jerry Yang, who announced his intention to step down in November.
Google launched on Wednesday a reseller program for the paid version of its Apps hosted collaboration and communication suite.
Sony Electronics showed off its latest high-definition televisions Wednesday. The new HDTV models reflect the company's emphasis on improved color reproduction, fast 240Hz refresh rates, and Internet connectivity.
Sony unleashed two new model Walkmans in its latest effort to put a dent in Apple's stranglehold of the digital music player market.
LG Display is showcasing what the company calls TruMotion 480Hz refresh technology. In technology demos, the TruMotion 480Hz LCD TV panel features a 480Hz refresh rate per second.
Two privacy groups on Tuesday asked the U.S. Federal Trade Commission to regulate how mobile marketers can use consumers' personal information, saying many people don't know when their information is being collected from cell phones and how it's bein...
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