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Technology / Business news 1234

India's TCS first quarter net profit up seven pct

July 16, 2008 | User rating: not rated yet | No comments yet

India's largest software exporter Tata Consultancy Services said Wednesday its first quarter net profit rose by seven percent on weak economic conditions across global markets, dealers said.


Criminal probe ended, Apple CEO still has hurdles

July 15, 2008 | User rating: not shown ( 4 vote(s) ) | No comments yet

(AP) -- A criminal probe of Apple Inc.'s co-founder and CEO Steve Jobs over stock options tampering is now over, but the potential legal shadow over him and the company isn't going away just yet.


Intel 2Q profit jump reflects healthy PC demand

July 15, 2008 | User rating: not shown ( 2 vote(s) ) | User comments: 1

(AP) -- Worried that the ailing U.S. economy has spilled abroad and hurt global PC sales, investors had subdued expectations for Intel Corp. in the second quarter. Intel is the world's largest computer chip ...


CNBC: Korean carrier in talks to buy Sprint

July 15, 2008 | User rating: not shown ( 2 vote(s) ) | No comments yet

(AP) -- South Korea's SK Telecom Corp. is in talks to buy struggling U.S. wireless carrier Sprint Nextel Corp., business news channel CNBC reported Tuesday


Yahoo's current board versus Icahn's challengers

July 15, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- Carl Icahn moved ahead with his attempt to overthrow Yahoo Inc.'s board of directors by submitting his final list of candidates Monday.


Icahn: Replace Yahoo board to get Microsoft deal

July 14, 2008 | User rating: not rated yet | No comments yet

(AP) -- Activist investor Carl Icahn said Monday that replacing Yahoo Inc.'s current board of directors would ensure an acquisition deal with Microsoft Corp.


Tensions escalating in battle for Yahoo's board

July 14, 2008 | User rating: not rated yet | User comments: 1

(AP) -- After more than five months of sparring, the battle for control of Yahoo Inc. has turned into a bare-knuckles brawl with a whiff of desperation hanging over all the key combatants.


Siemens planning wage cuts as well as job cuts: report

July 13, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

German industrial giant Siemens, which has announced plans to cut 16,750 jobs, is also planning to cut the wages of hundreds of employees, Der Spiegel reported Saturday.


Fmr HP exec pleads guilty in trade secrets case

July 12, 2008 | User rating: not shown ( 4 vote(s) ) | No comments yet

(AP) -- An executive who worked at IBM Corp. for nearly a decade pleaded guilty Friday to stealing trade secrets about the company's pricing and trying to pass them off to his superiors at rival Hewlett-Packard Co. when ...


Murdoch's News Corp. unlikely to be in Yahoo deal

July 12, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- News Corp. Chairman Rupert Murdoch said his media conglomerate is "very unlikely" to be a part of any deal for Yahoo Inc., scuttling talk that Microsoft Corp. was making headway in enlisting the media ...


AMD slashes $880M from value of division

July 11, 2008 | User rating: not shown ( 2 vote(s) ) | No comments yet

(AP) -- Struggling to climb back to profitability, Advanced Micro Devices Inc. suffered another setback Friday when the chip maker disclosed that two businesses it acquired in a pricey acquisition were underperforming.


India's Infosys surprises with 20.7 pct profit growth

July 11, 2008 | User rating: not rated yet | No comments yet

Indian software giant Infosys Technologies reported a forecast-beating first quarter net profit jump of 20.7 percent Friday, soothing concerns about the impact of a global economic slowdown.


Schmidt: Independent Yahoo better for competition

July 11, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- Google Inc. backs Yahoo in its effort to stave off an unsolicited takeover by Microsoft Corp. because an independent Yahoo will increase competition in the Internet search and advertising markets, ...


Japan backs joint display-technology research

July 10, 2008 | User rating: not rated yet | No comments yet

(AP) -- The Japanese government said Thursday it will support Sony Corp., Sharp Corp. and other domestic companies in joint development of super-thin TVs based on organic light-emitting diodes.


Murdoch: No deals for News Corp. in Sun Valley

July 09, 2008 | User rating: not rated yet | No comments yet

(AP) -- News Corp. Chairman Rupert Murdoch plans to forgo making deals at this year's Allen & Co. media retreat, dampening the five-day event renowned as an incubator for big-time media and Web combinations.


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