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China's Baidu quarterly profit up 95 percent

Baidu Inc., which operates China's dominant search engine, said Tuesday its quarterly profit jumped 95 percent on traffic growth and strong spending by big advertising customers.

Samsung 4Q profits top forecasts on Galaxy sales

Samsung Electronics Co. said quarterly profit soared 76 percent, boosted by the popularity of its Galaxy smartphones, which outsold the iPhone for a fourth straight quarter.

Rackspace 1Q profit rises

(AP) -- Rackspace Hosting Inc. said Monday that its first-quarter profit rose as managed hosting revenue climbed.

Taiwan's HTC expects 30 percent sales plunge in 1Q

Taiwan's leading smartphone maker HTC forecast Monday that its revenue in the three months to March may plunge 30 percent from a year ago, as competitors Apple and Samsung take their grip on the market.

Apple shares soar, edges ExxonMobil in market cap

Apple shares soared on Wednesday following blockbuster quarterly earnings and the California gadget-maker leapfrogged over ExxonMobil to become the largest US company in terms of market value.

Taiwan's UMC posts Q4 profit of 137 million dollars

Taiwan's United Microelectronics Corp Wednesday said it posted a net profit of 4.4 billion Taiwan dollars (137 million US dollars) in the three months to December due to strong demand.

Apple shares close over $500 (Update)

Apple's stock Monday topped $500 for the first time on Wall Street even as a probe started looking into work conditions at a Chinese factory that cranks out the California company's coveted gadgets.

American Airlines warns of delays from shutdown

American Airlines executives warned of significant travel delays if the US government shutdown goes on much longer, but said Thursday that customer demand has not been significantly affected thus far.

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