SEOUL (Reuters) – Samsung Electronics unveiled on Wednesday four new smartphone models under its flagship Galaxy line to expand it to the mid to low-end segment and grow in emerging markets, as bigger rival Apple prepares a cheaper version of the iPhone 4.
BANGALORE (Reuters) – No. 1 daily deals website Groupon Inc is turning to executives from Citydeal — the European business it bought last year — to help boost slowing growth in its domestic business, ahead of a planned public listing.
MISRATA, Libya (Reuters) – When Muammar Gaddafi’s government shut off the cellphone network in Misrata in the early days of Libya’s uprising, it wanted to stop rebel forces communicating with each other. But the power of a modern phone goes beyond its network.
TAIPEI/HONG KONG (Reuters) – Asian suppliers to Apple Inc have begun manufacturing a lower-priced version of its hot-selling iPhone 4 with a smaller 8 gigabyte flash drive, according to two people with knowledge of the matter.
SAN FRANCISCO (Reuters) – Recommendations to unload Google Inc stock are extremely rare on Wall Street. But the latest “sell” rating for the Internet company was so fleeting it existed for just three trading days.