Though, Germany is home the largest print media market of Europe. Also, it has proven to be flexible enough for cultural, technological as well as demographic forces. A recent report has uncovered that Financial Times Deutschland (FTD), which is a German business daily, is at the edge of being put to closure.

To compensate for the losses incurred in its European business, US car maker General Motors (GM) has declared that it will be declining the number of jobs and also mentioned about the shutting of Opel plant in Bochum, Germany.

Recent reports have revealed that Bayer will be taking over Schiff Nutrition International, an important company, which markets nutritional supplements and vitamins across US and other countries. A merger deal has been signed between both the parties.

Apple Inc., the world's most valuable technology company, is well-known for often exceeding analysts’ earnings forecast for the company; but very few are expecting the Cupertino firm to report bumper earnings on Tuesday this week when it will announce results for its most recent quarter.

Microsoft sold its 50 per cent stake in MSNBC. com to Comcast and NBC, which prompted some observers to question the performance of the joint venture that was set up around 16 years back.

MSNBC President Phil Griffin said that the cable channel has found its voice and that its performance can not be questioned.

Rumors about Amazon’s reported Kindle smartphone have started gaining momentum. The most recent volley of rumors about the potential kindle phone the online retailer has started testing the phone.

According to a recent report by Wall Street Journal (WSJ), Amazon is working with its Asian hardware suppliers to test a smartphone which may hit store shelves towards the end of 2012 or in early next year.

Chip maker Intel Corp. has challenged the _1.06 billion fine by the European Commission regulators, arguing that the basis of imposed fine was inconsistent and error-ridden analysis.

The EU had penalized Intel three years back following an eight-year investigation, which the regulators had found Intel guilty of misusing rebates to hinder rivals manufacturers like Advanced Micro Devices (AMD).

Stock in semiconductor-maker Renesas yesterday slipped to its lowest level on record in Tokyo, after the announcement of the company's plans to slash thousands of jobs and raise 100 billion yen (roughly 1.3 billion US dollars).