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Apple stock drops despite jump in Q3 profit

July 21, 2008 | User rating: not shown ( 2 vote(s) ) | No comments yet

(AP) -- Shares of Apple Inc. fell sharply as investors focused more on the company's cautious guidance for the current quarter than on the blockbuster Macintosh and iPod sales during the previous three-month ...


Ousted AOL chief Miller could guide Yahoo strategy

July 21, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- Given that he was ousted from the top job at a struggling AOL, Jonathan F. Miller might not seem a natural candidate to advise its Internet rival Yahoo Inc. But Miller was instrumental in transforming ...


Big shareholder backs Yahoo board over Icahn

July 19, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- One of Yahoo Inc.'s largest shareholders is supporting the re-election of the Internet company's incumbent board, delivering a significant blow to an attempted coup being led by activist investor Carl Icahn.


SAP shuts down support arm sued by Oracle

July 21, 2008 | User rating: not rated yet | No comments yet

(AP) -- German software maker SAP AG said Monday it will shut down TomorrowNow, a subsidiary that provided support for Oracle Corp. software and was accused of stealing information from Oracle.


Texas Instruments hit by weak 2Q wireless sales

July 21, 2008 | User rating: not rated yet | No comments yet

(AP) -- Shares of Texas Instruments Inc. took a beating after its second-quarter earnings missed Wall Street estimates.


Brocade deals for Foundry Networks in Cisco salvo

July 21, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- Brocade Communications Systems Inc., dominant in an obscure corner of the data storage market, wants a piece of a bigger pie: Cisco Systems Inc.'s cash cow business of networking equipment that shuttles Internet ...


Indian software firms cautious despite strong Q1 results

July 18, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

Two of India's key software exporters, Wipro and Satyam Computer, posted higher-than-expected first quarter results Friday, but gave a cautious revenue outlook amid uncertain US economic conditions.


Europeans expand antitrust case against Intel

July 18, 2008 | User rating: not rated yet | No comments yet

(AP) -- European Union regulators have expanded their antitrust case against Intel Corp., claiming that the world's largest semiconductor maker has deliberately squeezed rival AMD out of the chip market.


Amazon shrugs off high gas prices, weak economy

July 23, 2008 | User rating: not rated yet | No comments yet

(AP) -- Amazon.com Inc. doesn't seem to be bothered by high gas prices or the sputtering U.S. economy. On Wednesday, the Internet retailer reported second-quarter earnings that more than doubled and easily ...


Yahoo CEO remains upbeat despite lackluster quarter

July 23, 2008 | User rating: not rated yet | No comments yet

(AP) -- With Microsoft's $47.5 billion takeover bid off the table and his company's stock price down 20 percent during his 13-month reign as Yahoo's CEO, Jerry Yang has a message for his exasperated shareholders: Things ...


Summary box: Yahoo's truce with Icahn

July 21, 2008 | User rating: not rated yet | No comments yet

(AP) -- PEACE PLAN: After two months of sniping at each other, Yahoo Inc.'s leadership and activist investor Carl Icahn negotiated a cease-fire that will give Icahn three seats on Yahoo's board, which will expand to 11 directors ...


Microsoft exec who led Yahoo buyout team to leave

July 24, 2008 | User rating: not rated yet | No comments yet

(AP) -- Microsoft Corp. on Wednesday said Kevin Johnson, the executive in charge of its Windows and Web operations and an instrumental player in the company's failed $47.5 billion bid to buy Yahoo Inc., is leaving the company.


Taiwan's AU Optronics posts lower-than-expected profit

23 hours ago | User rating: not rated yet | No comments yet

Taiwan's AU Optronics Corp., the world's third-largest flat-panel maker by revenue, said Thursday its second-quarter net profit fell 24.4 percent from the previous quarter due to weak global demand.


IAC to take $170M in charges for spinoffs

July 23, 2008 | User rating: not rated yet | No comments yet

(AP) -- Internet conglomerate IAC/InterActiveCorp, preparing to spin off four of its operating units, said late Tuesday it plans to take about $170 million in charges because the housing crisis has diminished the value of ...


Nokia, Qualcomm settle long-running dispute

July 24, 2008 | User rating: not rated yet | No comments yet

(AP) -- The legal salvos between Nokia Corp. and Qualcomm Inc. stopped months ago, part of what officials at the wireless industry heavyweights described as a truce in a long-running battle that spanned three ...


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