According to a CNET report, AT&T has sold out of its initial stock of the HTC First handset, which was widely touted as the Facebook phone, but witnessed dismal sales.

The report said that AT&T Mobility CEO Ralph de la Vega has confirmed on Monday that the carrier had cleared out its initial inventory of the HTC First Facebook phone; and will not be ordering any more of those handsets.

Recent figures received on Friday have stated that Austrian Post has agreed that it would buy 25% stake in Aras Kargo, Turkish parcel delivery group. It would buy it approximately at 50 million euros ($65.9 million).

Earlier this week, Chevrolet released official performance estimates for its 2014 Corvette Stingray, which is scheduled to hit the markets in the third quarter this year.

Alpine Holding GmbH saw its attempts to increase fresh funds failing the previous day. A recent report has, therefore, been claiming that the Austrian builder run by Fomento de Construcciones & Contratas SA could see the biggest insolvency of the country since World War II.

The booths which the three bigwig game-console market rivals - Microsoft, Sony, and Nintendo - set up at the E3 show gave an interesting peek at the strategic moves being planned by them in the near future.

On Sunday, rumors were making rounds online about Facebook social network likely set to announce a new RSS-reading tool soon; but analysts' speculations on Monday suggested that Facebook's Instagram photo-sharing app may, as early as this week, see the addition of video capability.

According to a forecast released by research firm eMarketer on Thursday, Internet search giant will - for the second consecutive year - outperform all of its rivals combined, in the mobile ads arena in 2013.

Vodafone group is looking forward to acquire the German cable operator to expand its broadband and TV market. According to reports, Vodafone Group Plc approached Kabel Deutschland Holding AG to discuss the plans of acquiring the German cable operator.