News tagged with market

TSMC Q2 profit growth slows on weaker sales

Taiwan Semiconductor Manufacturing Co. said Thursday its second quarter profit growth slowed to 33 percent year-on-year as sales fell for the second consecutive period on weaker smartphone demand in China and other emerging ...

dateJul 16, 2015 in Business
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Microsoft cuts 7,800 jobs, reorganizes phone unit

Microsoft announced plans Wednesday to cut 7,800 jobs and write down the value of its struggling mobile phone division acquired last year from Nokia by some $7.6 billion—fresh evidence of its woes in the global smartphone ...

dateJul 08, 2015 in Business
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Jawbone files lawsuit against rival Fitbit

In a clash of rival makers of fitness trackers, Jawbone is suing Fitbit and a group of employees who quit Jawbone to work for Fitbit, saying they stole trade secrets, business plans, market research, and other information.

dateMay 28, 2015 in Business
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