Technology

Fox to Help Theaters Enter Digital Age

News Corp.'s Twentieth Century Fox has agreed to help finance digital-cinema projectors around the country, setting the stage for next-generation movie theaters.

XM-Sirius Deal Nears Approval

The impending approval of the Sirius-XM merger is expected to give satellite-radio customers more options.

Samsung's Profit Jumps 51%

Samsung's profit jumped 51% as its cellphone and flat-panel divisions posted solid improvements.

Qualcomm Deal Could Fuel Other Pacts

A breakthrough settlement between Nokia and Qualcomm is raising questions about whether peace could break out more broadly between Qualcomm and its opponents.

Hynix to Shutter U.S. Factory, Cut 1,100 Jobs

Hynix plans to close its sole U.S. factory by the end of September, eliminating 1,100 jobs after hearing levies on its Korean chips could end next year.

Italy to Sue Google Executives

Italian prosecutors are preparing to file charges in a 2006 case against four Google executives over a video uploaded onto the Internet provider's Italian-language site showing a disabled teen taunted by peers.

Xerox's Net Slides 19%

Xerox's profit slid 19% due to a restructuring charge and lower margins, but the copy-machine and printer giant maintained its 2008 profit outlook despite concerns about the weak U.S. economy.

Vonage to Name New CEO

Vonage will name a new CEO as early as next week, as the Internet phone provider neared completion of a refinancing deal critical to keeping the company afloat.

Microsoft to Continue Internet Push

Microsoft CEO Ballmer vowed to boost spending on online services. Another deal with Facebook was signed.

SK Telecom's Profit Falls 26%

SK Telecom reported a worse-than-expected 26% decline in quarterly net profit, pressured by higher marketing costs and a fall in wireless data revenue.

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