Nokia patched up its ailing basic phones offering on Tuesday with two models offering access to games, applications and the Internet, hoping to regain its footing in emerging markets. After precipitously losing its position in the smartphone market to Apple’s iPhone and models running Google&# Continue...

Pictures of a house in India, a food cupboard in New Zealand and someone eating breakfast in Sweden were among the first of thousands of photographs sent to an Internet project to capture a day in the life of people all over the world on Tuesday. The Swedish-based project, www.aday.org , has got bac Continue...

Groupon Inc posted its first quarterly profit by reining in marketing spending and signing up more customers and merchants, sending its stock about 18 per cent higher. The fledgling company started by music graduate Andrew Mason, which had lost half its value this year on concern about waning demand Continue...

Facebook Inc has increased the price range in Silicon Valley’s biggest-ever initial public offering to raise more than $12 billion, a source familiar with the situation said, giving the No.1 social network a valuation potentially exceeding $100 billion. The company founded in a Harvard dorm ro Continue...

Amazon.com Inc will launch new versions of its Kindle e-reader and tablet, including a monochrome e-reader with front lighting, a source who has seen the prototype told Reuters. The world’s largest Internet retailer is aiming to have the new e-reader in stores in July, said the source, who ha Continue...

Yahoo Inc is replacing its CEO for the third time in as many years, and giving three board seats to a hedge fund led by Daniel Loeb, putting him in a strong position to influence strategy at the struggling Internet company. Chief Executive Scott Thompson stepped down on Sunday, 10 days after Loeb ac Continue...

For the handful of venture capitalists who backed Facebook in its early days, a huge financial payoff is not the only thing they may be celebrating when the company goes public later this week. In a business in which the best investment opportunities flow to a small number of firms with big reputati Continue...

Microsoft Corp unveiled a new design on Thursday for its second-ranked Bing search engine, introducing elements from Facebook and other social networks, as it tries to claw market share from leader Google Inc. Slow off the mark in Internet search, Microsoft has racked up losses of more than $6 billi Continue...

Box, one of the top prospects in Silicon Valley’s pipeline following Facebook’s imminent IPO, has added three leadership positions as the company enters a critical expansion phase ahead of a public offering targeted for mid- to late-2013. CEO Aaron Levie — who started Box in 2005 as a  Continue...

Facebook Inc unveiled a new hub for consumers to find games and other apps on the social network, including its first storefront for selling paid apps, in the company’s latest effort to expand the ways its makes money from its massive audience. The new App Center, which Facebook said will laun Continue...