Technology

  • Alibaba, China Telecom tie up to sell phones
  • 12:13 AM EDT  SHANGHAI (Reuters) - Chinese e-commerce leader Alibaba Group Holding Ltd and state-owned China Telecom Corp Ltd have tied up to sell inexpensive smartphones aimed at boosting mobile commerce in smaller cities and rural areas.

  • Sony raises FY 2015 profit forecast to $2.5 billion: Nikkei
  • Fri, Apr 24  TOKYO (Reuters) - Japanese consumer electronics firm Sony Corp <6758.T> has raised its operating profit estimate for fiscal 2015 to 300 billion yen ($2.52 billion), or four times its previous estimate, the Nikkei reported on Saturday.

  • EU antitrust case against Google based on 19 complainants: sources
  • Fri, Apr 24  BRUSSELS/BERLIN (Reuters) - The European Union's decision to take on Google last week stems from official complaints by 19 companies in Europe and the United States, including Microsoft and a number of small firms, people familiar with the matter said on Friday.

  • BlackBerry considers closing Sweden operations
  • Fri, Apr 24  (Reuters) - BlackBerry Ltd is considering closing its offices in Sweden, a move that would result in the loss of up to 100 jobs, a company spokesperson told Reuters.

  • Samsung hints at new smartwatch on Apple Watch launch day
  • Fri, Apr 24  SEOUL (Reuters) - Samsung Electronics Co Ltd teased the market with hints of a new version of its Gear smartwatch on Friday, the same day that rival Apple Inc's long-awaited wearable devices went on sale.

  • Xerox cuts 2015 profit forecast due to strong dollar
  • Fri, Apr 24  (Reuters) - Xerox Corp cut its full-year profit forecast, blaming a strong dollar, and the company reported lower-than-expected quarterly revenue as its printer sales fell and costs rose.

  • Apple thwarts geeks, investors probing smartwatch components
  • Fri, Apr 24  MELBOURNE (Reuters) - Apple Inc managed to frustrate gadget lovers and investors desperate to find out the components of its new smartwatch on Friday, encasing its chips in tough resin and using rare screws to thwart people trying prise it apart.

  • Sony's Hirai faces attack from activist 'old boys': sources
  • Fri, Apr 24  TOKYO (Reuters) - A group of former top Sony Corp executives has delivered an unusually blunt critique to the firm's chief executive Kazuo Hirai, accusing him of losing sight of innovation by focusing on cost-cutting.

  • India's Paytm adds mobile marketplace app for e-merchants
  • Fri, Apr 24  NEW DELHI (Reuters) - Paytm, an Indian online payments platform backed by China's Alibaba, is pushing deeper into India's booming e-commerce industry with a zero-commission mobile app marketplace targeted at small and medium-sized firms, the mainstay of the country's economy.

  • Apple aims to ship more than 20 million smartwatches in 2015: sources
  • Fri, Apr 24  TAIPEI (Reuters) - Apple Inc <AAPL.O> aims to ship at least 20 million Apple Watches this year, well above many analysts' forecasts, according to supply chain sources.

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