Verizon Wireless, the biggest US mobile service provider, said on Monday it would pay its parents Verizon Communications (VZ.N) and Vodafone Group Plc (VOD.L) a dividend of $7 billion in June, surprising some analysts who had not expected a big payout.
Hon Hai Precision Industry Co Ltd, the world's largest electronics contract manufacturer, faces growing competition from cross-town rival Pegatron Corp, a company that is just a quarter of its size by revenue.
Alibaba Group, China's largest e-commerce firm, will take a 28 percent stake in digital mapping company AutoNavi Holdings Ltd, part of Alibaba's move to boost its competitveness by beefing up its product lineup.
Yahoo! Inc. is considering bidding for Hulu LLC's streaming-TV service.
Panasonic Corp forecast its operating profit will more than triple in the year to March 31 as it steps back from struggling operations in TVs and other consumer gadgets in favour of selling machinery, components and electronic equipment to other businesses.
Dell's largest independent shareholder is teaming with activist investor Carl Icahn in another challenge to founder Michael Dell's $24.4 billion bid to take the struggling computer maker private.
Sharp Corp, Japan's leading maker of liquid crystal displays, will rely on expanding supplies of small panels to Samsung Electronics Co while still shipping screens to rival Apple Inc, in a bid to raise factory output levels and remain viable, three sources said.
Hewlett-Packard Co 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 billion of market value to be wiped out.
Google has cancelled its decision to launch a physical credit card as part of the Wallet project. The company will upgrade its existing Wallet products but will not be launching the credit card as proposed earlier.
Microsoft Corp on Wednesday named Amy Hood, head of finance of its Office division, as its new chief financial officer. Hood, 41, the first woman to hold the CFO post at Microsoft, takes over from Peter Klein, who announced his departure in April.
A US federal appeals court on Wednesday questioned the reasoning behind a class-action lawsuit against Google Inc over its effort to digitize millions of books, suggesting that many authors could benefit from the project.
Facebook Inc is in advanced talks to acquire Israeli mobile satellite navigation start-up Waze for $800 million to $1 billion, business daily Calcalist reported on Thursday.
Pegatron Corp, an assembler of Apple Inc's iPhone and iPad, said it would increase its number of workers in China by up to 40 percent in the second half of the year, fuelling market speculation of a new cheaper iPhone.