Foxconn’s plans to build a $12 billion factory in Brazil dedicated to producing iPads is “in doubt,” government officials in Brazil told Reuters. Reportedly, negotiations have stalled because both sides have yet to reach an agreement on tax breaks for Foxconn. Additionally, Brazil may not be able to populate the factory with enough skilled laborers. Worse still, Brazil has been tasked with building infrastructure for the 2014 World Cup followed by the Olympics two years later. Skeptics argue...

Verizon employees will end a widely publicized strike on Tuesday and return to work. 45,000 Verizon employees went on strike on August 7th after failing to reach an agreement over new contract terms. The Communications Workers of America and the International Brotherhood of Electrical Workers still have not reached an agreement with Verizon and the two sides are still negotiating, according to reports. In the meantime, the old contract remains in effect. “The strike was about the process,” Communi...

Speaking with Bloomberg recently, HTC’s chief financial officer Winston Yung said that his company is open to cutting a deal with Apple over various patents the two companies are currently fighting over. “We have to sit down and figure it out,” Yung said. “We are open to all sorts of solutions, as long as the solution and the terms are fair and reasonable. On and off we’ve had discussions with Apple, even before the initial determination came out.” Earlier this month, an International ...

Everyone’s favorite star-crossed lovers — the likes of which haven’t been seen since General Hospital — may be coming back to the bargaining table, yet again, in an effort to unite two of the Internet’s biggest powerhouses. Yep, speculation is in full swing once more as Microsoft COO reveals the company is still interested in talks with the now-rebounding wonder of the Web, Yahoo.They have a new CEO, and she’s formulating her business plans. We’ve certainly made her aware and...