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U.S. says Chinese man pleads guilty in military technology sting

WASHINGTON, July 23 - A 28-year-old Chinese man pleaded guilty on Wednesday of attempting to smuggle military technology obtained from undercover U.S. agents out of the United States to China, the U.S. Justice Department said.

5:33am IST

NASA puts out call for satellite communication services - on Mars

CAPE CANAVERAL, Fla., July 23 - In what may be the ultimate in long-distance telephone service, NASA on Wednesday put out a call for a commercially owned and operated satellite network on Mars.

5:14am IST

SK Hynix Q2 profit down 2.7 pct vs year ago

SEOUL, July 24 - South Korea's SK Hynix Inc said on Thursday its second-quarter operating profit dipped 2.7 percent from a year earlier, as firm sales of memory chips were countered by the strength of the South Korean won .

5:08am IST

UPDATE 3-AT&T's new device financing plan weighs on revenue

WASHINGTON, July 23 - AT&T Inc's quarterly revenue rose a weaker than expected 1.6 percent as cheaper service plans offered to customers who forgo subsidized cellular phones cut into margins.

4:43am IST

BRIEF-ASM International Q2 net earnings rises to 34.6 mln euros

* Q2 gross profit margin 42.3 percent versus 39.3 percent YoY

4:42am IST
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Facebook beats Wall Street targets, stock hits record high

SAN FRANCISCO - Facebook Inc's fast-growing mobile advertising business helped drive a 61 percent increase in revenue during the second quarter, beating Wall Street's financial targets and sending shares to a record-high in after-hours trading on Wednesday.