Media and Technology
PARIS WPP boss Martin Sorrell struck a more conciliatory tone on Thursday, after shareholders voted against a multi-million pound pay award he had vigorously defended, saying he understood income inequality sparked strong feelings in a recession.
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PARIS European telecom operators are planning to charge customers more for faster new fourth-generation mobile services in the hope of recouping massive network investments and clawing back lost pricing power.
NEW YORK Financial Times, which gets nearly a third of its revenue from digital subscriptions, expects BlackBerry smartphones to become less important for corporate executives as BlackBerry loses market share to devices like Apple Inc's iPhone and Google Inc's Android-based system.
NEW YORK Small, tuck-in acquisitions and a growing services business will boost revenue and profit margins for Xerox Corp , which is in the midst of trying to shed its stodgy image as a printer and copier company, its chief executive said.
NEW YORK YouTube's boss said that cable television channels with small audiences will in the future migrate to the Web and become available on a stand-alone basis, potentially making a home for themselves on the No.1 video website.
NEW YORK Scores of U.S. companies have not disclosed breaches of their computer systems, even though eight months have passed since U.S. securities regulators issued guidelines on disclosing cyber attacks, according to leading security experts.
Israeli mobile chip designer Ceva Inc expects to double its share of the market for third generation (3G) mobile phones to 50 percent in three years, its chief executive said.
NEW YORK New markets including home entertainment will be major sources of growth for Intel Corp as more gadgets become connected to the Internet and drive demand for powerful data centers, the top chipmaker's chief financial officer said.
PARIS France Telecom would consider floating a stake in its market-leading British mobile joint venture Everything Everywhere as the tie-up finally starts to realize its potential, Finance Officer Gervais Pellissier said on Wednesday.
PARIS Europe's telecom operators must be more careful about managing their debts even though that will curb their ability to spend on acquisitions and reward shareholders as the sector hots up, a senior France Telecom executive said.