Chinese technology giant Lenovo said Thursday it saw a loss for the second quarter following a restructuring plan, despite stronger sales in its mobile business.
Dell's proposed $67 billion acquisition of data storage company EMC is the most expensive ever done involving two technology companies. Many of the tech industry's other notable deals haven't panned out as well as the buyers ...
Hewlett-Packard's ill-fated acquisition of software maker Autonomy will cost another $100 million, as the personal computer and printer maker prepares to settle class-action litigation tied to the 2011 deal.
Shares in Lenovo dropped by five percent Thursday after the Chinese technology giant posted weaker than expected revenue figures, despite a 19 percent jump in quarterly net profit.
Microsoft CEO Satya Nadella has lured away an executive from smartphone chip maker Qualcomm to hammer out more deals that will expand the software maker's presence in the mobile device market.
Hewlett-Packard's Interim Chairman Ralph Whitworth has resigned from the company's board to concentrate on personal health issues.
This may be remembered as the year smartphones became boring. Although high-definition displays on smartphones have gotten bigger and their cameras have gotten better, the pace of gee-whiz innovation has dawdled.
Lenovo Group, the biggest personal computer maker, said Thursday its latest quarterly profit rose 36 percent as sales of smartphones and tablet computers more than doubled.
Hewlett-Packard is upbeat about 2014, saying it will be a year of "recovery and expansion."
After a bruising shareholder battle, Dell appears set for a new path under a private equity buyout aimed at reviving the fortunes of the former number one computer maker.