Nestlé's Profit Triples

Nestlé SA said Thursday that 2010 net profit tripled from the year before, helped by the sale of its eyecare business and increased sales in emerging markets and at its nutrition division.

WSJ.com

PPR Chief to Run Gucci Brand Himself

The French luxury magnate François-Henri Pinault said Thursday that he would personally take charge of Gucci Group as he reorganizes its parent company to focus on the most profitable businesses.

Read at: NYTimes.com

Spain's youth unemployment tops Egypt's

Bloomberg reports about youth unemployment in Spain, where the jobless rate among the young exceeds that of Egypt and Tunisia.

Microsoft Is Paying Nokia "Hundreds Of Millions Of Dollars" To Go With Windows

How much is Microsoft paying [Nokia], exactly? Is it just in-kind or is there cash as well? 

Good questions!! 
http://www.businessinsider.com/microsoft-is-paying-nokia-hundreds-of-millions-of-dollars-to-go-with-windows-2011-2#ixzz1Dh0N5G4K

Apple's New iPad in Production - WSJ.com

Apple has started production of a new version of its iPad tablet computer, WSJ reports:

The new device will be thinner, lighter and will come with a faster processor, more memory and a more powerful graphics processor, said the people familiar with the matter. It will have a front-facing camera for the first time for features like video-conferencing, but the resolution of the new iPad's display will be similar to the first iPad, they said.

Read more: http://online.wsj.com

Smartphones Outsell PCs

According to IDC, smartphone manufacturers shipped 100.9 million devices in the fourth quarter of 2010, while PC manufacturers shipped 92.1 million units worldwide. Or, more simply put, smartphones just outsold PCs for the first time ever.

More @RWW: Smartphones Outsell PCs

Cap Gemini, Intel to Develop Household Energy-Management Tablet

Cap Gemini, Europe’s largest computer-services company, and Intel, the world’s biggest chipmaker, will cooperate on a tablet-style computer that will let customers adjust appliances’ power use.

Cap Gemini, Intel to Develop Household Energy-Management Tablet - Bloomberg