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News Corp. net profit dips on British charges

Rupert Murdoch's News Corp. posted a slight decline in quarterly net profit on Wednesday, partly due to one-time charges stemming from the phone-hacking scandal in Britain.

Technology / Business

created Nov 02, 2011 | popularity 5 / 5 (2) | comments 1

Qualcomm reports stronger results, forecast

(AP) -- Qualcomm, a chipmaker for mobile phones, is reporting stronger-than-expected quarterly results driven by rising smartphone demand.

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created Nov 02, 2011 | popularity not rated yet | comments 0

Taiwan smartphone maker HTC reports profit jump

Taiwan smartphone maker HTC Corp. says its third quarter earnings grew 68 percent from the same period last year, with shipments reaching 13 million handsets.

Technology / Business

created Oct 31, 2011 | popularity 5 / 5 (1) | comments 0

Wind turbine maker's shares tumble on profit alert

Shares in Danish company Vestas, the world leader in the wind turbine industry, plunged by 20 percent on Monday after the company issued a full-year profit warning over delays on several projects.

Technology / Business

created Oct 31, 2011 | popularity 5 / 5 (1) | comments 0

Parent of Taiwan's Foxconn reports profit drop

The parent of Taiwan technology giant Foxconn, which makes iPads and iPhones for Apple, said Monday its third-quarter profit dropped, with analysts pointing to the cost of moving factories in China.

Technology / Business

created Oct 31, 2011 | popularity not rated yet | comments 0

Thai flooding disrupting hard drive supplies

The massive flooding in Thailand is disrupting supplies of hard disk drives (HDDs) for the world's personal computer makers, according to companies and market intelligence firms.

Technology / Business

created Oct 29, 2011 | popularity 1 / 5 (1) | comments 1

Samsung 3Q profit slides 23 percent

(AP) -- Samsung Electronics said quarterly profit slid 23 percent as weaker demand for flat panels and computer chips offset booming smartphone sales that were estimated to have surpassed those of industry ...

Technology / Business

created Oct 28, 2011 | popularity 3 / 5 (2) | comments 1

Baidu profit up 80 percent, forecasts more growth

(AP) -- Baidu Inc., which operates China's most popular search engine, said Friday its latest quarterly profit jumped 80 percent as strong growth in usage of its site helped to drive advertising revenue higher.

Technology / Business

created Oct 28, 2011 | popularity 5 / 5 (1) | comments 0

Motorola Mobility 3Q net loss narrows

(AP) -- Motorola Mobility, which makes cellphones and cable set-top boxes, reported a smaller loss in the latest quarter as phone shipments rose by a quarter from a year ago.

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created Oct 27, 2011 | popularity not rated yet | comments 0

Electronic Arts 2Q loss expands; raises forecast

(AP) -- Video game maker Electronic Arts Inc. said Thursday that its second-quarter loss expanded from a year ago due to higher costs, even as revenue grew.

Technology / Business

created Oct 27, 2011 | popularity not rated yet | comments 2

Coinstar's 3Q earnings soar, Redbox prices to rise

(AP) -- Redbox's DVD rental kiosks are attracting movie lovers fed up with Netflix's video subscription service. But now Redbox's owner, Coinstar Inc., is risking its own customer backlash by raising its prices, the same ...

Technology / Business

created Oct 27, 2011 | popularity 1 / 5 (1) | comments 0

Sprint posts smallest quarterly loss in 4 years

(AP) -- Sprint Nextel Corp. on Wednesday reported its smallest quarterly loss in four years, as it continued a turnaround and kept getting better at keeping and attracting customers.

Technology / Business

created Oct 26, 2011 | popularity not rated yet | comments 1

Netflix loses 800,000 US subscribers in tough 3Q (Update)

(AP) -- Netflix jolted its shareholders again with a third-quarter financial report that portrayed a company in crisis.

Technology / Business

created Oct 24, 2011 | popularity 5 / 5 (1) | comments 7

Groupon seeks to raise up to $621 million from IPO

US online daily deals sensation Groupon said Friday that it hopes to raise as much as $621 million from its initial public offering, less than previously expected.

Technology / Business

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

Newspaper website visits up despite paywalls: NAA

Traffic to US newspaper websites rose over the past year despite the introduction of paywalls by a number of outlets, the Newspaper Association of America (NAA) said Thursday.

Technology / Internet

created Oct 21, 2011 | popularity 1 / 5 (1) | comments 0