The sale of the 4G network in the UK delivered a whopping £1.2 billion less than what George Osborne's estimate, giving an embarrassing setback to the Chancellor.
In December last year, Osborne plugged a huge black hole in the public finances by boldly predicting that the sale of the 4G network airwaves would garner £3.5 billion for the government.
Google on Wednesday started accepting applications select group of people who want to buy an early version Google Glasses - which will allow wearers to have Internet always in their line of sight.
The Internet-connected glasses, which have been priced at $1,500, will be offered to bold and creative individuals selected as part of a competition announced by the company yesterday.
As had been expected, Japanese electronics giant Sony unveiled its PlayStation 4 (PS4) gaming console at an invitation-only event in New York on Wednesday.
Japan's LNG (liquefied natural gas) imports hit a monthly record in January because the country's increased dependence on the fuel to generate electricity as most of its commercial reactors remained out of operation.
Malaysian real estate giant CapitaLand has announced that it would create a joint venture (JV) with Iskandar Waterfront and Singapore state investor Temasek to develop a township in Iskandar region of the country.
Indonesia is one of the key emerging markets for global car manufacturers, but Hyundai Motor Co may be missing out on the big opportunity by not paying attention to this market, industry sources said.
One of the sources said that while several global car brands have invested heavily in Indonesia, Hyundai even failed to build a major car factory in the country.
Fast food firm Burger King became the latest victim of hacking attack, when hackers, affiliated with the notorious Anonymous collective, hacked its Twitter account and posted obscene messages.
After hacking the fast food giant's account on the popular micro-blogging site, the hackers tweeted messages containing obscenities, racial epithets, and even drug references.
Internet search giant Google Inc faces legal action by European data protection agencies as the company did not obey EU regulations.
Last October, Google was warned by the EU regulators to obey EU's privacy laws within four months or face legal action. But, the Internet search giant failed to comply with the data protection authorities' order.
Electronics & entertainment giant Sony has teamed up with videogames distributor Wild Tangent to launch a new app store for Xperia line of devices.
Some Sony gadgets like laptops already come pre-installed with Wild Tangent games; but the new gaming app store will offer thousands of games from various developers and publishers, to choose from.
Users will be able to purchase or rent games using the platform's own currency, called WildCoins.
Sony's next-generation gaming console, the PlayStation (PS) 4, has long been in rumours. Fresh reports suggest that the PS4 will be launched in a special event on February 20 in New York.
Leaked images of the purported controller of the PS4 feature a small touchpad between the conventional buttons and the D-pad. The list of other notable features includes a built-in loudspeaker, a blue light at top of the controller, a speaker straight above PS button, and integrated PS Move functionality.
Huawei India has revealed that it will launch its new Ascend Y210D smartphone - the company's first sub-INR 5,000 handset; part of its Ascend series - in India in the next two weeks.
The US Securities & Exchange Commission (SEC) on Friday confirmed that a Swiss bank account had been frozen on allegation of insider trading in $28 billion acquisition of H. J. Heinz Co.
Oversea Chinese Banking Corp (OCBC) Limited has reported better-than-expected results for final three months of 2012, thanks to strong growth at its insurance division and in fee income.
OCBC bank announced that its net profit jumped 12 per cent year on year to $663 million in the fourth quarter of last year. Analysts had projected an average net profit of $624 million for the quarter under review.
Singaporean economy suffered a quarter-on-quarter fall of 0.9 per cent in retail sales in December 2012, obviously as consumers cut back on spending.
Fresh figures released by the Singapore Department of Statistics also showed that the country's retail sales slipped 1.5 per cent year-on-year.
The Government of New Zealand has decided spend around NZ$160 million over the next decade to equip its law enforcement force with Apple's hi-tech gadgets - the iPhones and iPads.
Electronics giant Sony Corp will introduce the world to a new version of its widely popular PlayStation (PS) gaming console next week, an analyst said.
Hewlett-Packard (HP) is reportedly working on a new media tablet that will be based on Nvidia Tegra 4 system-on-chip and Google's Android operating system.
Cupertino, Calif.-based Apple Inc will not be able to sell its widely popular smartphone under the iPhone trademark in Brazil as Brazilian regulators have ruled that Apple has no right to use the name in the country.
Regulators in Brazil ruled that the name belonged to Brazilian firm IGB Eletronica SA, which had registered the name many years before the launch of Apple's iPhone.
Micromax on Thursday, February 14, made its very first quad core processor phone, the A116 Canvas HD, available for purchase.
Priced at Rs 13,990, the A116 Canvas HD is currently available only through Micromax's website, with a delivery period of five to seven working days.
Google has posted an interactive doodle on its homepage toady, February 14, to mark two events - Valentine's Day and the 154th birthday of Ferris wheel's inventor George Ferris.