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TOKYO (Reuters) - Struggling Japanese chipmaker Renesas Electronics Corp is planning to slash as many as 14,000 jobs and sell a major semiconductor factory in Japan to Taiwan Semiconductor Manufacturing Co, the Nikkei newspaper reported.
24 minutes agoThis is not the first time investors in a hot tech company's initial public offering have alleged that underwriters favored their regular clients at the expense of the little guys.
57 minutes agoWASHINGTON (Reuters) - DigitalGlobe Inc <DGI.N> and GeoEye Inc <GEOY.O> on Friday welcomed a decision by the Senate Armed Services Committee to authorize continued funding for commercial imagery purchases, a move that sent the two companies' shares sharply higher.
May 26, 2012, 10:03 amCAPE CANAVERAL, Florida (Reuters) - Astronauts aboard the International Space Station captured Space Exploration Technologies' unmanned Dragon cargo capsule on Friday, the first private ship to reach the orbital outpost.
May 26, 2012, 8:00 am
CAPE CANAVERAL, Florida (Reuters) - Astronauts aboard the International Space Station captured the SpaceX Dragon cargo ship and guided the privately owned craft into a docking berth on Friday, opening a new chapter in the U.S. space program.
May 26, 2012, 7:51 amNEW YORK/SAN FRANCISCO (Reuters) - Dell Inc is expected to reach an agreement to buy network security software maker Quest Software Inc as soon as this weekend after a previous deal fell apart, several people familiar with the matter said.
May 26, 2012, 7:26 am
NEW YORK (Reuters) - Four of Wall Street's major market makers involved in Facebook's <FB.O> botched initial public offering last Friday expect their losses from technical glitches on Nasdaq's exchange to be around $115 million.
May 26, 2012, 7:12 am(Reuters) - Gevo Inc started production at a converted ethanol plant in Minnesota, bringing on line the world's first commercial-scale facility to make advanced biofuels and renewable chemicals.
May 26, 2012, 6:57 amThe Federal Government has formally proclaimed the areas of seabed on the continental shelf where Australia has exclusive rights to explore for oil, gas and minerals.
ABC - May 26, 2012, 6:10 am(Reuters) - Claims by four of Wall Street's main market makers against Nasdaq <NDAQ.O> over Facebook's <FB.O> botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders.
May 26, 2012, 6:05 amSAN FRANCISCO (AFP) - Yahoo! shuttered its fledgling digital newsstand for iPads on Friday in what it said was the start of a product purge intended to make the floundering Internet pioneer more nimble.
May 26, 2012, 5:37 am(Reuters) - Investors can hope the debut of options on Facebook Inc goes more smoothly than the long-awaited debut of the social networking service's stock on May 18.
May 26, 2012, 5:26 am
HONG KONG (AFP) - Minority shareholders of Alibaba.
May 26, 2012, 4:25 amNEW YORK (Reuters) - Citigroup Inc's <C.N> Automated Trading Desk had trading losses of about $20 million from Facebook Inc's <FB.O> botched initial public offering on Nasdaq OMX Group Inc's <NDAQ.O> U.S. exchange, a source with knowledge of the situation said on Friday.
May 26, 2012, 4:21 amLONDON (Reuters) - Hewlett Packard Co has told staff at Autonomy they have a bright future even after founder Mike Lynch was shown the door on Wednesday, joining a long line of top managers to leave the Cambridge-based software maker since HP bought it last year.
May 26, 2012, 4:11 am(Reuters) - A legal battle erupted between DISH Network and some of the major broadcast networks Thursday as the two sides traded lawsuits over the satellite distribution company's "Hopper" DVR, which threatens to bring down the television business model by allowing viewers to skip over commercials entirely.
May 26, 2012, 4:03 amNEW YORK (Reuters) - Turns out, geeks are inheriting the earth.
May 26, 2012, 3:30 am
NEW YORK (AFP) - The spate of complaints and investigations over the Facebook stock offering suggests big institutions had an edge over small investors, raising questions about the process.
May 26, 2012, 3:19 amCAPE CANAVERAL, Florida (Reuters) - Astronauts aboard the International Space Station captured Space Exploration Technologies' Dragon cargo ship and guided it into a berth on Friday, docking the first privately owned vehicle to reach the orbital outpost.
May 26, 2012, 2:34 amLONDON/AMSTERDAM (Reuters) - The world's biggest and most advanced radio telescope, capable of detecting signs of extraterrestrial life in the far reaches of the universe, will be located in South Africa, Australia and New Zealand.
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