Electronics | featured news

Moody's ratings agency downgraded Nokia's debt grade to near junk status on Monday, citing a sharp decline in first-quarter cellphone sales that led to a 35 percent fall in revenue.

Tthere are universal remotes that come in all different shapes, sizes, complexities, and perhaps most importantly, prices, that let you manage your entire entertainment center from one device. This week we're going to take a look at five of the best.

Best Buy on Saturday announced the locations of 50 stores that it is closing this year, including seven in California, six in Illinois and six in the company's home state of Minnesota.

If French designer Philippe Starck is to be believed, Apple Inc... An obvious guess for Apple's new product would be the much-anticipated Apple TV. Or Starck might be helping the tech giant design its newest iteration of the iPhone, which is expected to be released later this year. Or -- brace yourselves, Apple fans -- the company could have something completely new in the works. What do you think?

Barnes & Noble Inc. (BKS) (BKS), the largest U.S. bookstore chain, introduced a Nook e-reader with a screen that glows in the dark, challenging Amazon.com Inc. (AMZN) (AMZN) at a time when prices for digital books may start falling.

Kazuo Hirai said he would focus Sony’s resources away from its unprofitable television business and more toward mobile devices, cameras and games.

By the year’s end, worldwide media tablet sales will approach 120 million. That’s according to new research from Gartner (NYSE: IT), which reports that tablets will experience a 98% increase from 2011 sales to 60 million. Not surprisingly, Apple (NASDAQ: AAPL) is credited as the producer of the dominant media tablet operating system, iOS, which is “projected to account for 61.4% of worldwide media tablet sales to end users in 2012,” Gartner wrote in its release. “Despite the arrival of Microsoft-based devices to this market, and the expected international rollout of the Kindle Fire, Apple will continue to be the market leader through the forecast period.”

The U.S. government has filed an antitrust lawsuit in New York against Apple Inc. and various major book publishers. The lawsuit said the alleged conspiracy came as Apple was preparing to launch the iPad.

Nokia says that a bug is causing its latest smartphone to occasionally lose its data connection and is offering customers $100 (£63) in call credits. The Finnish manufacturer said a fix for the Lumia 900's "memory management issue" would be issued on 16 April.

Apple, already the world's most valuable company, hit the $600 billion level for the first time Tuesday....