NBC News got full control of msnbc.com as well as its digital network from Microsoft. It will undergo a rebranding and will be known as NBCNews.com. Most of the details of the deal are still being worked on and the financial terms were not disclosed to the public. NBC News President Steve Capus said that the site would be part of the NBC News Digital, which is a new division to be headed by Vivian Schiller. She used to be the former president and chief executive of National Public Radio. She joined... 

Electronics giant Phillips had a rough quarter with weakness in Europe. January 29, 2012- Philips, the Dutch electronics company, announced on Monday that it had posted a net loss for the fourth quarter of 2011. It blamed European market conditions and losses it has from discontinued operations. The company posted a loss of $214 million on revenue of $8.85 billion for the quarter. Those figures compared to a profit of $611 million from sales of $8.6 billion in the same quarter a year ago. Philips...