For fiscal third-quarter 2013 (to end-March), optical component, module and subsystem maker Oclaro of San Jose, CA, USA, has reported revenue of $141.6m, down 11% on $159.5m the previous quarter and up 60% on $88.7m a year ago (which was ...
Tags: Oclaro Opnext, Electrical, Electronics
All winter long, your car took a beating. There was salt; there was sand; there was that time you accidentally drove into a snow bank. Liquids are now dripping from your car's underside onto your driveway, and they're not water. Rings of ...
Tags: Construction, Decoration
Netherlands-based financial conglomerate ING has received offers for its South Korean life insurance business from a Korean life insurer and two Seoul-based private-equity firms. The three bidders include Kyobo Life Insurance Co and ...
Tags: ING, Bids, Insurer Business
Title insurance, mortgage services and diversified services provider Fidelity National Financial (FNF) has signed an agreement to purchase mortgage-services provider Lender Processing Services (LPS), for about $2.9bn. Under the terms of ...
Several major U.S. banks are beta-testing a new way to give you access to your mobile banking account, which could mark the beginning of the end for your password headaches, according to Toby Rush, CEO of EyeVerify, a Kansas City, Kan., ...
Tags: Consumer Electronics, Smart Phone, Phone
Business cash flow has slowed this year, placing further strain on a range of industries already experiencing low confidence because of weak trading activity and high operating costs. Businesses are waiting nearly eight weeks to be paid ...
Tags: Service
The global mobile payments market is predicted to exceed US$1.3 trillion in the coming years, presenting opportunities for cyber-crime gangs to exploit, according to a white paper published by the Anti-Phishing Working Group (APWG). ...
Tags: Android, anti-phishing working group, anti-virus, APWG, banks, CNME
Mobile devices are getting hit by a boom in malware similar to the one that hit PCs starting with the rise of the Web, a security software executive said Tuesday. "Mobile platforms, for a lot of attackers, represent a new target-rich ...
Tags: Mobile Malware, Computer Products, Android
The U.S. Department of Justice has indicted online payment processor Liberty Reserve for laundering $6 billion in a series of global transactions, which the agency charges may be the largest international money laundering prosecution in ...
Tags: DOJ, Liberty Reserve
Australian shares have suffered another sharp fall, losing $26 billion more in value to close down 3.8 per cent for the week, the biggest weekly fall in a year. At 4.15pm AEST, the benchmark S&P/ASX200 index was down 78.9 points, or 1.56 ...
The S&P/ASX200 has closed down 2 per cent at 5062.4, as slower Chinese manufacturing activity in May combined with signs that the US Federal Reserve could start rolling back its bond-buying program to send the local sharemarket to its ...
RATTLED investors are on high alert after the stockmarket suffered its worst week in a year and the Australian dollar slid to a 12-month low on fresh concerns about the slowing pace of global economic growth. Capping a wild week for ...
Tags: Sharemarket, Horror Week, Alert
A SHOCK contraction in Chinese manufacturing and the prospect that the US Federal Reserve could soon unwind its quantitative easing measures rocked local markets yesterday, pushing the Australian dollar close to an annual low and wiping ...
After a torrid trading week that saw more than $30 billion wiped off local stocks and the Australian dollar slide further, investors will be hoping for some economic cheer from China this week to offset further confirmation that Australia's ...
IDC today drastically lowered its forecast for PC shipments in 2013, a prediction that if accurate means more bad news for Microsoft's Windows 8 operating system. "Lower PC sales are certainly not a positive for Microsoft," said Loren ...