News tagged with business executive

News Corp. quarterly net profit up 65%

News Corp. said Wednesday that its net profit rose 65 percent in the second quarter of its fiscal year to $1.06 billion.

Technology / Business

created Feb 08, 2012 | popularity not rated yet | comments 0

Abbott cuts 700 jobs from device and testing unit

(AP) -- Medical device and drugmaker Abbott Laboratories said Wednesday it will lay off 700 employees as part of ongoing restructuring efforts.

Technology / Business

created Jan 25, 2012 | popularity not rated yet | comments 0

Yahoo names PayPal exec as its CEO

Yahoo's previous turnaround attempts have flopped under three different leaders with dramatically different backgrounds - former movie mogul Terry Semel, beloved Yahoo co-founder Jerry Yang and profanity-spewing ...

Technology / Business

created Jan 04, 2012 | popularity not rated yet | comments 0

Infineon sees lower 2012 sales as crisis bites

German semi-conductors giant Infineon said Wednesday it expected sales in its current business year to decline by around five percent as customers increasingly hold back in the current economic gloom.

Technology / Business

created Nov 16, 2011 | popularity not rated yet | comments 0

HP says it will keep personal computer unit

Hewlett-Packard Co. has decided against spinning off or selling its PC division - a plan first brought to light in August by the technology conglomerate's now former CEO.

Technology / Business

created Oct 27, 2011 | popularity not rated yet | comments 2

Dutch tech company ASML posts profit rise

Dutch company ASML, a key global supplier of computer chip-making systems, said Wednesday net profits had jumped 32 percent in the third quarter and maintained its outlook to achieve record sales by the end of 2011.

Technology / Business

created Oct 12, 2011 | popularity not rated yet | comments 0

Hewlett-Packard begins Palm unit layoffs

Hewlett-Packard said Tuesday that it has begun laying off workers as part of its move to give up on the webOS mobile operating system it got when it bought Palm.

Technology / Business

created Sep 20, 2011 | popularity 1 / 5 (1) | comments 2

Lookout, Verizon team up for mobile protection

US mobile security firm Lookout is teaming up with US telecom giant Verizon Wireless to protect smartphone users from hackers and scammers.

Technology / Telecom

created Jul 20, 2011 | popularity not rated yet | comments 0

Cisco cutting workforce by nine percent

US networking giant Cisco on Monday said it will eliminate 6,500 jobs, cutting its global workforce by nine percent as part of a move to slash its annual operating costs.

Technology / Business

created Jul 18, 2011 | popularity 5 / 5 (1) | comments 10

China's Alibaba splits online shopping unit Taobao

China's largest e-commerce company Alibaba Group announced Thursday it has split its consumer online shopping platform Taobao into three firms to adapt to an increasingly competitive landscape.

Technology / Business

created Jun 16, 2011 | popularity 2 / 5 (2) | comments 0

Nokia dismisses Microsoft takeover report

Nokia chief executive Stephen Elop on Wednesday dismissed as "baseless" a report that Microsoft had agreed to purchase the Finnish company's mobile business.

Technology / Business

created Jun 02, 2011 | popularity not rated yet | comments 0

Microsoft lower on Nokia report

Microsoft shares were down nearly two percent on Wall Street on Wednesday amid an unconfirmed report that the US software giant had agreed to purchase Nokia's mobile business for $19 billion.

Technology / Business

created Jun 01, 2011 | popularity not rated yet | comments 1

Executive rewards put banks at greater risk

(PhysOrg.com) -- New University of Ediburgh research has linked the risks taken by banks with the compensation received by their executives.

Other Sciences / Economics & Business

created May 19, 2011 | popularity 5 / 5 (1) | comments 1

MySpace in talks to buy imeem

(AP) -- Online social hub MySpace is in talks to acquire struggling free music streaming site imeem, two people familiar with the matter said Tuesday.

Technology / Internet

created Nov 17, 2009 | popularity 2 / 5 (1) | comments 0

Twitter co-founders are mum on revenue plans

(AP) -- Twitter Inc.'s co-founders say the rapidly growing online communications company will eventually charge fees for its services, but it's unclear which ones and what will drive revenue.

Technology / Internet

created May 27, 2009 | popularity not rated yet | comments 0