Future Sony Ericsson phones launched under its new Xperia brand may not be based on Microsoft Windows, the handset maker said at the launch of its digital marketing campaign for the Xperia X1 on Monday. The X1, which will be the premium phone in Sony Ericsson's portfolio when it starts shipping later this month, is

A deal by Google Inc and Yahoo Inc to share some advertising revenue will mean less money for newspapers and weaken Yahoo in the long run, the World Association of Newspapers said on Monday. The group, which represents 18,000 publications worldwide, criticized a deal struck in June in which Google will supply Yahoo with advertising

A four-foot-long helicopter flew itself over the Stanford University campus on Monday in a test of artificial intelligence that researchers say could be used to scout wildfires or on military missions. The autonomous helicopter performed flips, rolls, pirouettes, stall-turns, knife-edges, and an inverted hover over a field. The helicopter is equipped with an artificial intelligence

The recently ousted chief executives of Fannie Mae and Freddie Mac are eligible for the pensions and 401k savings plans they built up while working for the mortgage giants, The Wall Street Journal said, citing a regulatory official. A Federal Housing Finance Agency (FHFA) official told the paper that former Fannie CEO Daniel Mudd's pension

British bank Barclays is in talks with Lehman Brothers to buy its core U.S. broker-dealer businesses, including equity, fixed income, M&A advisory and other parts, people familiar with the matter said. Barclays said earlier on Tuesday it was in talks to buy some of Lehman's assets. It declined to comment further. The talks mainly involved

American International Group Inc, thrown a $20 billion lifeline by New York state, came under renewed pressure on Tuesday as ratings agencies downgraded the insurer's debt and the financial sector meltdown spread. Fears that AIG, once the world's largest insurer by market value, could be the next financial giant to tumble fuelled worries about the

PARIS, Sept 16 (Reuters) – European stock index futures sank in early trade on Tuesday, as investors fretted about U.S. insurer American International Group Inc after its debt was downgraded. At 0605 GMT, futures for the Eurostoxx 50, Germany's DAX and the French CAC 40 were down between 1.9 percent and 2 percent. AIG, which

Central banks moved worldwide to ease tensions and address deep distrust in short-term lending markets after Lehman Brothers Holdings Inc filed for bankruptcy protection and news that Merrill Lynch, another Wall Street giant long seen as too big to fail, was being sold. As U.S. interbank lending rates jumped to triple the official target rate