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India's Infosys posts profit rise but shares fall

India's second-biggest outsourcer Infosys said Tuesday that quarterly net profit rose nearly 16 percent, but its shares fell after the company gave a muted outlook.

Technology / Business

created Jul 12, 2011 | popularity 3 / 5 (1) | comments 1

Samsung says 2nd-quarter operating profit fell

(AP) -- Samsung Electronics' profitability slumped in the second quarter as strong performance in fast-growing smartphones could not overcome weakness in liquid crystal displays.

Technology / Business

created Jul 07, 2011 | popularity not rated yet | comments 0

Companies may not profit from offering loyalty programs: study

A wallet full of loyalty and points cards is a common sight for many people. The results of a new study out of Ryerson University which examines the profitability of loyalty programs indicate that some companies ...

Other Sciences / Economics & Business

created Jun 29, 2011 | popularity 3 / 5 (1) | comments 0

USA Today publisher Gannett cuts 700 jobs

Gannett, the largest US newspaper chain and the publisher of USA Today, said Tuesday it is laying off 700 employees, around two percent of its workforce.

Technology / Business

created Jun 21, 2011 | popularity not rated yet | comments 2

Nokia to launch Microsoft platform phones in 2011

Finnish handset maker Nokia Corp. plans to introduce its first mobile phones using the Microsoft Windows operating system this year, the company's chief executive said Tuesday.

Technology / Business

created Jun 21, 2011 | popularity not rated yet | comments 0

RIM down over 21 percent on Wall Street

Shares in Research in Motion plunged on Wall Street Friday after the BlackBerry maker lowered its outlook for the year and said it would be cutting jobs.

Technology / Business

created Jun 17, 2011 | popularity not rated yet | comments 0

Japan's Fujitsu sees post-quake profit growth

Japan's Fujitsu on Friday forecast net profit to rise 8.9 percent this year, expecting demand for IT products and services to recover after the March earthquake and tsunami.

Technology / Business

created Jun 17, 2011 | popularity not rated yet | comments 0

Netflix plans international expansion

US video giant Netflix, which has more than 23 million subscribers in the United States and Canada, plans to expand to another country this year, founder Reed Hastings said Wednesday.

Technology / Business

created Jun 01, 2011 | popularity not rated yet | comments 0

Japan orders Sony to improve data security

Sony was told by the Japanese government on Friday to strengthen its data security as the electronics and entertainment giant reels from a series of attacks by hackers.

Technology / Business

created May 27, 2011 | popularity not rated yet | comments 1

More Sony websites hacked, 8,500 Greek accounts hit

Sony on Tuesday said its websites in three countries had been hacked with 8,500 Greek user accounts compromised, in a blow to efforts to restore confidence after a huge data breach affecting millions.

Technology / Business

created May 24, 2011 | popularity 4 / 5 (1) | comments 1

Sony to report $3.2 billion annual loss

(AP) -- Sony Corp. is expecting an annual loss of $3.2 billion, reversing its earlier projection of a return to profit, as the electronics giant struggles with production disruptions from Japan's tsunami ...

Technology / Business

created May 23, 2011 | popularity not rated yet | comments 1

India's Satyam posts unexpected quarterly loss

India's fraud-hit software outsourcer Mahindra Satyam on Monday swung to an unexpected quarterly loss from a profit the previous quarter, hit by the cost of a one-off US lawsuit.

Technology / Business

created May 23, 2011 | popularity not rated yet | comments 0

HP cuts outlook on services revamp, slow PC sales

(AP) -- Hewlett-Packard Co. is bracing for weaker financial results this year as it overhauls its services business to undo what its CEO described as years of neglect under his predecessor.

Technology / Business

created May 17, 2011 | popularity not rated yet | comments 0

Japan's Toshiba returns to black

Japan's Toshiba on Monday said it returned to the black for the year to March, but warned the outlook remains uncertain due to the impact of the massive quake and tsunami in March.

Technology / Business

created May 09, 2011 | popularity not rated yet | comments 1

Washington Post profit down 67 percent

The Washington Post Co. said Friday that revenue was flat in its newspaper publishing division in the first quarter but net profit fell by two-thirds on lower enrollment in its education business.

Technology / Business

created May 06, 2011 | popularity not rated yet | comments 0