ZTE Delivers 500 Millionth Handset to Mark 15th Anniversary of Terminals Division

ZTE today celebrated the 15th anniversary of its terminals division with the production of the company’s 500 millionth handset, becoming the first Chinese mobile device brand to achieve the landmark.

In an anniversary event in Beijing, ZTE Corporation Chairman Mr. Hou Weigui and Executive Vice President Mr. He Shiyou outlined the terminals division’s strategies to drive further growth and generate increased brand value to more than 500 partners and guests from industries spanning telecommunications, semiconductor, retail, consulting, and media.

Apple investors worry over stock volatility after earnings

For years, Apple was a stock investor's dream regardless of the market environment. But now, concern about theiPhone maker's growth has made many investors wary about a big share swing after its earnings are released on Tuesday. 

Options pricing on Friday suggested a post-earnings move of about 7.5 percent by April 26. That is far more than in the past and reflects the fact that Apple stock has become more volatile. 

The company, once the world's largest by market value, saw its shares close below $400 on Thursday for the first time since December 2011. It has shed nearly $300 billion in market value since peaking at $705.07 a share in September. 

How eBay is trying to change Federal sales tax legislation

eBay Chief Executive John Donahoe began emailing millions of users of the company's online marketplace in an unprecedented lobbying effort to change looming Federal sales tax legislation. 

The e-commerce giant plans to send emails from Donahoe to at least 40 million eBay users, including most sellers on the marketplace. The first messages were sent out Sunday morning. 

In the emails, Donahoe said the legislation, known as the Marketplace Fairness Act, unfairly burdens small online merchants and asked eBay users to send an email message to members of Congress asking for changes. 

Google, Few SMBs in India are online

Just half a million of India's nearly 40 million small and medium business enterprises (SMBs) are leveraging the low-cost online medium to expand their consumer base, a top official from search giant Google said. 

"India has about 40 million small and medium businesses (SMBs) of which only around 500,000 are online. This figure needs to rise if these entities want to reach their consumers at lowest cost and raise their profits," Google Asia Pacific President Karim Temsamani told reporters here. 

Dell suitors steer away amid PC sales slump

Buyout specialist Blackstone Group is dropping its effort to acquire Dell, and billionaire investorCarl Icahn is reportedly unlikely to follow through on his preliminary acquisition offer, as suitors digest studies showing a staggering decline in PC sales. 

The Wall Street Journal said Icahn will now likely wait to see if shareholders approve a February deal for the company to be taken private by a group that includes founder and CEO Michael Dell for $24.4 billion. The newspaper, citing an unnamed person familiar with Icahn's thinking, said that if the deal is rejected, Icahn may pursue a hostile takeover.