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Nokia to name Rajeev Suri as next CEO on Tuesday: report

HELSINKI - Nokia , which is set to close the sale of its phone business to Microsoft , will on Tuesday name Rajeev Suri as its next CEO and outline its new strategy with a focus on its networks equipment business, a newspaper said on Friday.

Recent Business News

Apple, Google agree to settle lawsuit alleging hiring conspiracy

SAN FRANCISCO - Four major tech companies including Apple and Google have agreed to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, just weeks before a high profile trial had been scheduled to begin.

Tech, Media 24 Apr 2014

Insight: Push for tax-avoidance curbs in G-20 threatens Publicis-Omnicom deal

LONDON - International pressure to curb corporate tax avoidance is behind delays to a $35 billion merger of French advertising group Publicis and U.S. rival Omnicom, and could even scupper the deal, tax advisers and sources close to the deal said.

Microsoft beats Wall Street on new CEO debut

SEATTLE - Microsoft Corp's new chief executive got off to a winning start with Wall Street on Thursday as the world's largest software company eased past analysts' profit estimates despite the pressure of falling computer sales. | Video

24 Apr 2014

Amazon's revenue increases even as spending rises

SAN FRANCISCO - Amazon.com Inc's revenue grew more than expected for the first quarter, largely offset by a sharp increase in spending on technology, content and new warehouses as the e-commerce company branches into new businesses. | Video

Tech, Media 24 Apr 2014

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