Wed, 25 Jan 2012 09:10:12 +0100 STOCKHOLM (Reuters) - World No.1 mobile gear maker Ericsson saw its profit halve in the fourth quarter as the global economic slowdown hit demand for new equipment, and forecast network operators would remain cautious on spending in the months ahead. Telecoms operators invested heavily through most of 2011 to upgrade networks to cope with surging data traffic from smartphones and tablets, but a slowdown had been expected, particularly in the United States. ... (Source: Reuters)
A Euro sceptics shows V-sign despite pro EU vote in the national ...
Sun, 22 Jan 2012 21:40:02 +0100 (Reuters) - A Euro sceptics shows V-sign despite pro EU vote in the national referendum in Zagreb, January 22, 2012. Croatia voted on Sunday on joining the European Union, a move the government says offers the former Yugoslav republic its only chance of economic recovery despite turmoil in the 27-state bloc. Opinion polls suggest the binding national referendum should pass, but opponents have appealed to many by playing up fears that membership would end 20 years of Croatia's sovereignty and result in a selloff of its assets and national resources. REUTERS/Davor Kovacevic (CROATIA - Tags: ELECTIONS POLITICS)
The Artist wins big at London Critics' Circle awards
Fri, 20 Jan 2012 19:10:20 +0100 LONDON (Reuters) - French black-and-white silent movie "The Artist" scooped three big prizes at the London Film Critics' Circle Awards on Thursday -- best film, best director and best actor. The honors added to growing momentum for the sentimental throwback to the "pre-talkie" Hollywood era after it won three Golden Globes and was the most-nominated movie for Britain's BAFTA awards. It is widely expected to be among the frontrunners for major honors at the Oscars when nominations are announced on Tuesday. ... (Source: Reuters)
Sony Ericsson swings to Q4 loss before ownership change
Thu, 19 Jan 2012 12:00:07 +0100 STOCKHOLM (Reuters) - Sony Ericsson posted a quarterly loss that missed all forecasts after losing in the battle for smartphone sales in the key year-end period, showing the challenge for Sony as it prepares to take full control of the joint venture. The world's ninth-biggest handset maker, which got left behind in the boom that powered smartphone growth at rivals such as Apple and Samsung Electronics , has also been struggling with high costs in the global slowdown. ... (Source: Reuters)
December 2011 statistics show Brazil has chosen Facebook over Orkut
Wed, 18 Jan 2012 05:20:06 +0100 Though Facebook growth may be slowing here in the US, the social networking service has been doing very well overseas; especially in Brazil. In fact, at the end of 2011, the service pulled into the top position for Brazilian social networking sites and surpassed the long-favored Google Orkut service. (Source: Digital Trends)
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