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Facebook, Instagram suffer widespread outage

- Facebook and Instagram services were down Tuesday with the social media site saying it is working on fixing the issue, several users said.

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Larger-than-usual move for Yahoo shares expected after results

NEW YORK - Yahoo Inc's shares are expected to move nearly twice as much as they have following other recent earnings reports when the company announces fourth-quarter results on Tuesday, options data showed.

26 Jan 2015

Texas Instruments' profit rises, helped by auto industry

SAN FRANCISCO - Texas Instruments Inc reported higher fourth-quarter results on Monday and gave a revenue outlook for the current quarter in line with expectations, helped by growing demand for chips from the auto industry.

26 Jan 2015

AT&T to buy NII Holdings' wireless business in Mexico

- AT&T Inc said on Monday it would buy bankrupt NII Holdings Inc's wireless business in Mexico for $1.875 billion in a move to create a larger Mexican wireless player that will have a better chance of competing with No. 1 America Movil .

Deals, Mexico 26 Jan 2015

TE Connectivity nears deal to sell network business to CommScope: WSJ

- Swiss electronics company TE Connectivity Ltd is said to be nearing a deal to sell its network equipment unit to CommScope Holding Co Inc for about $3 billion, the Wall Street Journal reported, citing people familiar with the matter.

Deals 26 Jan 2015

IBM dismisses Forbes report of massive layoffs

- IBM dismissed on Monday a Forbes magazine report claiming the technology firm is preparing to cut about 26 percent of its workforce, which would represent its biggest-ever layoffs.

26 Jan 2015

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