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Business

Google's Nest launches network technology for connected home

SAN FRANCISCO: Google Inc's Nest Labs on Tuesday unveiled an industry group to encourage makers of smart home gadgets like locks and light bulbs to use Thread, a new standard for devices to communicate on a network.

Business

Apple unveils watch, larger iPhones in bid to retake innovation crown

CUPERTINO: Apple Inc unveiled a watch, two larger iPhones and a mobile payments service on Tuesday as CEO Tim Cook seeks to revive the technology company's reputation as a wellspring of innovation.

Business

Super Bowl was most watched TV show ever in US

NEW YORK: The New Orleans Saints' victory over Indianapolis in the Super Bowl was watched by more than 106 million people, surpassing the 1983 finale of M-A-S-H to become the most-watched program in U.S. television history, the Nielsen Co. said Monday.

Business

New role for mobile phones - unlocking hotel room doors

STOCKHOLM: Visitors to a Stockholm hotel will be able to use mobile phones instead of keys to unlock the doors to their rooms.

Business

Super Bowl remains a big bash, but ads toned down

LOS ANGELES (AP) - The Super Bowl is on track to remain one big, glitzy bash even in these tough economic times.

Business

Google tries to replace wallets with smartphones

NEW YORK: Google Inc. is trying to nudge consumers and merchants into a world where the smartphone has replaced the wallet as the container for credit cards, coupons and receipts.

Business

Long queues greet Apple's iPhone 5 in Sydney, Tokyo

SYDNEY/TOKYO: Apple Inc's iPhone 5 hit stores around the globe on Friday, giving the consumer giant a boost ahead of the crucial end-of-year holiday season as rival Samsung Electronics Co stepped up its legal challenge over key technologies.

Business

Apple iPhone 5 fever rages despite grumbling over maps

SAN FRANCISCO/LONDON: Apple Inc fans queued around city blocks worldwide on Friday to get their hands on the new iPhone 5, pointing to a strong holiday season for the consumer device maker despite grumblings about the mapping app in the new smartphone.

Business

Shipping rates surge to record highs

Shipping rates for dry-bulk cargo raced to record levels in the past week, spurred by the transport of coal and iron to China.

Business

Japanese company to take over NFCorp's assets and liabilities

KUALA LUMPUR: National Feedlot Corp Sdn Bhd (NFCorp) today clarified that Japanese company, Kirimitonas Agro Sdn Bhd, has agreed to purchase its entire shares and related companies, and accordingly take over all the assets and liabilities including the RM250mil loan with the Malaysian government.