KT Corp., South Korea’s largest phone and Internet company, reported a 13 percent increase in fourth- quarter profit as a one-time gain masked higher costs and falling sales from phone calls.

Japan’s biggest makers of phones, televisions and chips say they’ll lose about $17 billion this year, about three-quarters of what Samsung Electronics Co. will spend on research to lengthen the lead over its competitors.

HTC Corp., Asia’s second-largest smartphone maker, forecast revenue that missed analysts’ estimates as it awaits the introduction of new products to help the company rebound from its first profit drop in two years.

Mark Zuckerberg may sell about $1.67 billion of Facebook stock in the company's initial public offering to pay off taxes he will owe when he exercises options to buy 120 million shares

Olympus Corp., the Japanese camera maker suing 19 current and former executives over accounting fraud, will hold an emergency shareholders meeting on April 20, it said yesterday in a statement to the Tokyo Stock Exchange.

Companies are scrambling to handle a torrent of data, pushing them into bigger M&A frenzy since 2007

Olympus Corp., the Japanese camera maker suing 19 current and former executives over accounting fraud, will hold an emergency shareholders meeting on April 20, it said yesterday in a statement to the Tokyo Stock Exchange.

Japan’s biggest makers of TVs, phones and chips say they’ll lose about $17 billion this year, about three-quarters of what Samsung Electronics Co. will spend on research to lengthen the lead over its competitors.

Telenor ASA has enlisted the help of the Norwegian government to protect its investment in India following the cancellation of 122 mobile-phone licenses by the nation’s top court.

Blackstone Group LP, the world’s largest private-equity firm, is studying a leveraged buyout of Brocade Communications Systems Inc., said a person with knowledge of the situation.

Steve Appleton, who took charge of Micron Technology Inc. at 34 and went on to become the memory- chip industry’s longest-serving chief executive officer, died after crashing an experimental plane in Boise, Idaho. He was 51.

Blackstone Group LP, the world’s largest private-equity firm, is studying a leveraged buyout of Brocade Communications Systems Inc., said a person with knowledge of the situation.

Lightspeed Venture Partners, an investor in LivingSocial.com, has almost completed raising two funds, one in the U.S. and one in China, totaling about $875 million, according to two people with knowledge of the matter.

The U.S. government said the online hacker group Anonymous intercepted a telephone call between FBI agents and U.K. authorities involving a joint investigation of the group.

While most of Facebook’s more than 800 million users are women, and females are more active social networkers, the company’s board lacks women and minority members

Telenor ASA has enlisted the help of the Norwegian government to protect its investment in India following the cancellation of 122 mobile-phone licenses by the nation’s top court.

Panasonic Corp. almost doubled its annual loss forecast to a record 780 billion yen ($10 billion), the latest Japanese electronics company to predict weaker earnings because of Thailand floods and slowing demand for TVs.

Hutchison Whampoa Ltd. and Telekom Austria AG’s purchase of Orange’s Austrian mobile-phone assets may have to be amended to win European and Austrian approval, the country’s Federal Competition Authority said.

JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. were sued by New York Attorney General Eric Schneiderman over the use of a mortgage database that the state said led to improper foreclosures.

A discussion with former Micron Technology board member Gordon Smith on the death of CEO Steve Appleton