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Oracle's net rises 36 percent, but servers slip

(AP) -- Stronger spending on business software helped Oracle Corp.'s quarterly profit jump 36 percent, but the company's server business further deteriorated, a decline Oracle attributed to its move to shed ...

Technology / Business

created Sep 20, 2011 | popularity not rated yet | comments 1

Netflix lowers subscriber forecast, shares fall

(AP) -- Netflix Inc. lowered its expectations for U.S. subscribers for the third quarter by 4 percent on Thursday, just weeks after separating its DVD and streaming services, which increased the price for customers who want ...

Technology / Business

created Sep 15, 2011 | popularity not rated yet | comments 2

Broadcom to acquire NetLogic for about $3.7B

(AP) -- Broadcom Corp. said Monday it has agreed to acquire NetLogic Microsystems Inc. for about $3.7 billion in cash.

Technology / Business

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

Apple to add stores in booming China market

Apple plans to open its first store in Hong Kong and another in Shanghai by year's end, a spokeswoman said Tuesday, as the maker of the iconic iPhone sets its sights on the booming China market.

Technology / Business

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

eBay eyes investments in Japan and China: report

Online auction house eBay is on the look-out for investment targets in Japan and China, a report said Thursday, as it seeks to expand in fast-growing Asia.

Technology / Business

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

Pandora net loss widens but revenue up sharply

Internet radio company Pandora on Thursday posted its first quarterly earnings since going public, reporting a wider net loss but revenue that more than doubled on solid advertising growth.

Technology / Business

created Aug 26, 2011 | popularity not rated yet | comments 0

Taiwan's Acer swings to loss in second quarter

Taiwan's leading computer vendor Acer Inc said Wednesday it suffered a loss of Tw$6.8 billion ($236 million) in the three months to June, swinging from a profit of $41.53 million in the previous quarter.

Technology / Business

created Aug 24, 2011 | popularity not rated yet | comments 0

Apple's China revenues surpass Lenovo

Apple's second quarter revenue in greater China -- an area including Taiwan and Hong Kong -- have surpassed that of Chinese computer giant Lenovo for the first time, according to figures from the firms.

Technology / Business

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

Lenovo says quarterly profit nearly doubles

(AP) -- Lenovo Group, the world's No. 3 personal computer manufacturer, said Thursday its quarterly profit nearly doubled on strong emerging market sales.

Technology / Business

created Aug 18, 2011 | popularity not rated yet | comments 0

Dell's 2Q comes amid PC strife

(AP) -- Dell Inc.'s latest earnings come at a difficult time for the PC industry. Consumer demand is sagging, as tablets and smartphones steal market share. The Round Rock, Texas-based company's fiscal second quarter results, ...

Technology / Business

created Aug 12, 2011 | popularity not rated yet | comments 2

News Corp. board backs Murdoch after hacking scandal

Rupert Murdoch claimed boardroom backing Wednesday to remain at the helm of News Corp. as he worked to shift attention from the phone-hacking scandal to his media behemoth's healthy bottom line.

Technology / Business

created Aug 11, 2011 | popularity 5 / 5 (1) | comments 0

Cisco's 4Q results, outlook top analyst views

(AP) -- Cisco Systems Inc. provided a small measure of comfort to the battered stock market late Wednesday with quarterly results that underscored the technology bellwether's resolve to improve its financial performance.

Technology / Business

created Aug 11, 2011 | popularity not rated yet | comments 0

News Corp. buoyed by strong profits after scandal

Media behemoth News Corp. posted strong profits Wednesday, boosting owner Rupert Murdoch's attempts to reassure investors after a damaging phone-hacking scandal in Britain.

Technology / Business

created Aug 10, 2011 | popularity not rated yet | comments 0

Pay TV industry loses record number of subscribers

(AP) -- The weak economy is hitting Americans where they spend a lot of their free time: at the TV set.

Technology / Telecom

created Aug 10, 2011 | popularity 4.8 / 5 (5) | comments 13

Amazon 2Q profit falls but results beat Street

(AP) -- Amazon.com Inc. said Tuesday that its second-quarter profit fell despite a 51 percent jump in revenue as the leading online retailer spent heavily to expand its business.

Technology / Business

created Jul 26, 2011 | popularity not rated yet | comments 0