Nokia drops targets and shares slump to 13-year low

By Ritsuko AndoHELSINKI (Reuters) - Mobile phone maker Nokia Oyj abandoned hope of meeting key targets just weeks after setting them, raising questions over whether its new boss can deliver on the turnaround he promised in February.Its shares tumbled...

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California may review AT&T/T-Mobile USA deal

NEW YORK (Reuters) - California regulators may open a formal examination of AT&T Inc's proposed $39 billion purchase of T-Mobile USA, a move that could delay or add conditions to approval of the deal.If successful, the deal would create the largest...

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Lockheed network suffers major disruption

By Andrea Shalal-Esa and Jim FinkleWASHINGTON/BOSTON (Reuters) - Lockheed Martin Corp, the Pentagon's No. 1 supplier, is experiencing a major disruption to its computer systems that could be related to a problem with network security, two sources familiar...

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Apple fights fake anti-virus software vendors

BOSTON (Reuters) - Apple Inc is fighting what security experts say may be the most pernicious types of computer virus to ever target its line of Mac computers. The company has issued a security advisory warning to customers about a recent scam that...

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Exclusive: SEC wasted $1 million on data storage, watchdog says

By Sarah N. LynchWASHINGTON (Reuters) -The Securities and Exchange Commission wasted $1 million on virtual data storage it bought in 2008, the agency's internal watchdog said, part of a series of investigations into the agency's procurement practices.SEC...

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Analysis: Sony's breach a hiccup to online game phenomenon

By Liana B. BakerNEW YORK (Reuters) - When service was finally restored to Sony Corp's PlayStation Network earlier this month, millions of customers rushed back to it, impatient to get back to battling friends in sports or shooter games.It was hardly...

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Verizon eyes family data plans

By Sinead CarewNEW YORK (Reuters) - Verizon Wireless expects to offer family plans for data services supporting multiple devices including smartphones and tablet computers at some point in the future, according to a top executive of parent company Verizon...

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Apple updates iMac line with new processors

NEW YORK (Reuters) - Apple Inc refreshed its lineup of iMac desktop computers with new Intel Corp processors that is says are up to 70 percent faster. The new iMac line will also include new Thunderbolt ports that were introduced earlier this year in...

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