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WARSAW (Reuters) - Mobile phone giant Vodafone Group (VOD.L: Quote, Profile, Research) remains the only possible sector investor in Poland's mobile phone operator Polkomtel, the daily Dziennik newspaper reported on Saturday. Polkomtel, owned by fuels group PKN (PKNA.WA: Quote, Profile, Research) , metals producer KGHM (KGHM.WA: Quote, Profile, Research) , Vodafone and Denmark's TDC (TDC.CO: Quot ...

Technology stocks edged lower early Friday as industry bellwethers fell and the semiconductor sector lost steam. Decliners included Apple Computer Inc., Dell Inc., International Business Machines Corp. and Microsoft Corp., which late Thursday said chairman Bill Gates would immediately hand over his job as chief software architect to chief technical officer Ray Ozzie. Gates will also transiti ...

The rebound in technology stocks hit the skids Friday as industry bellwethers fell and the semiconductor sector lost steam. Decliners included Apple Computer Inc., Cisco Systems Inc., Dell Inc., and International Business Machines Corp. Advancers included Hewlett-Packard Co., Intel Corp., and Oracle Corp., which boosted its quarterly financial targets late Thursday on better-than-expected sa ...

Asian share markets ended sharply higher across the board Friday, led by gains in Japan, South Korea and Hong Kong. Tokyo's Nikkei 225 Averagegained 408.58 points, or 2.8%, to end at 14,879.34, booking its first weekly gain in six weeks. The more-inclusive Topix, which tracks common stock listed on the Tokyo Stock Exchange's first section, ended 3.3% higher at 1,534.71, its biggest one-day perc ...

By Melinda Newman LOS ANGELES (Billboard) - As singer-songwriter Corinne Bailey Rae's star ascends across Europe, her record label finds itself in the strange position of trying to decelerate her career. "We always felt Corinne would be hugely successful," EMI Music U.K. and Ireland chairman/CEO Tony Wadsworth says. "Hand on heart, we never felt it would be this quick. If anything, we were activ ...

By Kenneth Li NEW YORK (Reuters) - Microsoft Corp. is developing a music and video device to compete with Apple's iPod and creating its own music service to rival Apple's iTunes, sources familiar with the plans said on Friday. Robbie Bach, a rising star at Microsoft who headed development of the Xbox video game business, is overseeing the project, one source said. The company has held licensing discussions with the music industry and is already demonstrating the entertainment devi ...

By Daisuke Wakabayashi SEATTLE (Reuters) - Microsoft Corp. (MSFT.O: Quote, Profile, Research) picked two well-respected technical minds to fill the void from founder Bill Gates' pending departure in two years, but it also identified a next tier of leaders charged with reinventing the software giant to compete against younger, agile rivals. Grabbing headlines in Thursday's announcements were Ray Ozzie, 50, who assumes the company's top technical mantle as chief software architect,  ...

U.S. stocks ended lower Friday, but mixed on the week after a two-day run of gains helped put a brake on a month and a half of heavy selling sparked by inflation and interest-rate fears. But the outperformance of the Dow Jones Industrial Average this week over the other major indexes, suggests investors have remained cautious, preferring the safety of blue-chip stocks over riskier shares. Th ...

By Emily Chasan NEW YORK (Reuters) - U.S. stocks slipped on Friday, shedding strong gains from the past two days as tough talk on inflation from Federal Reserve officials fuelled investor speculation that the central bank will keep raising interest rates. Declines in shares of big interest-rate-sensitive financial services companies such as Bank of America Corp. (BAC.N: Quote, Profile, Research) , Citigroup Inc. (C.N: Quote, Profile, Research) and American Express Co. (AXP.N: Quote, Profile,  ...

U.S. stocks were mixed in the final half-hour of trading Friday after a two-day run of gains that put a brake on a month and a half of heavy selling sparked by inflation and interest-rate fears. But the outperformance of the Dow Jones Industrial Average this week over the other major indexes, suggests investors have remained cautious, preferring the safety of blue-chip stocks over riskier share ...