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Facebook raises IPO price as offering nears

(AP) -- Already expected to be the largest-ever initial public offering for an Internet company, Facebook is making its IPO even bigger.

Technology / Business

created May 15, 2012 | popularity not rated yet | comments 0

SAP says profits up in first quarter

German software giant SAP said Wednesday it was sticking to its full-year targets for 2012 after net profit rose 10 percent in the first three months.

Technology / Business

created Apr 25, 2012 | popularity not rated yet | comments 0

Siemens abandons profit target after weak second quarter

German engineering and technology giant Siemens warned Wednesday that full-year profits would fall short of original targets following a difficult second quarter.

Technology / Business

created Apr 25, 2012 | popularity not rated yet | comments 0

Apple trumps expectations, sells 35M iPhones in 2Q

(AP) -- Apple Inc., the world's most valuable company, trumped skeptics once again by reporting blowout iPhone sales.

Technology / Business

created Apr 24, 2012 | popularity 1 / 5 (4) | comments 0

EBay posts higher 1Q net income and revenue

(AP) -- EBay's first-quarter net income grew 20 percent thanks to higher revenue from its PayPal business and brisk sales at its e-commerce websites. The results beat Wall Street's expectations and investors sent the company's ...

Technology / Business

created Apr 18, 2012 | popularity 1 / 5 (2) | comments 0

SAP says profits up in first quarter

German software giant SAP said on Friday it was sticking to its full-year targets for 2012 after profits rose in the first three months.

Technology / Business

created Apr 13, 2012 | popularity not rated yet | comments 0

Taiwan's HTC says first quarter profit down 70%

Taiwan's top smartphone maker HTC said Friday net profit in the first three months of the year plummeted 70 percent, to the lowest since 2006, owing to falling demand.

Technology / Business

created Apr 06, 2012 | popularity 1 / 5 (3) | comments 14

T-Mobile cutting a net 1,900 call-center jobs

(AP) -- Cellphone carrier T-Mobile USA Inc. said Thursday that it is cutting 1,900 jobs nationwide as it consolidates its call centers in an effort to reduce costs and remain competitive.

Technology / Telecom

created Mar 22, 2012 | popularity not rated yet | comments 0

Taiwan's Acer swings to profits in fourth quarter

Taiwan's leading personal computer maker Acer said Thursday it swung back into the black in the three months to December after suffering losses in the previous two consecutive quarters.

Technology / Business

created Feb 16, 2012 | popularity not rated yet | comments 0

News Corp. quarterly net profit up 65%

News Corp. said Wednesday that its net profit rose 65 percent in the second quarter of its fiscal year to $1.06 billion.

Technology / Business

created Feb 08, 2012 | popularity not rated yet | comments 0

Cisco beats estimates with 2Q earnings, sales (Update)

(AP) -- Cisco, the world's largest maker of computer networking equipment, on Wednesday said that its net income jumped 44 percent in the latest quarter as it continues to put last year's slump behind it.

Technology / Business

created Feb 08, 2012 | popularity not rated yet | comments 0

World timekeepers split on scrapping leap second

Timekeepers meeting in Geneva failed to agree Thursday on a proposal to abolish a 40-year-old practice of adding the occasional second to world time.

Technology / Telecom

created Jan 19, 2012 | popularity 4.5 / 5 (2) | comments 9

'Leap second' under the gun at Geneva time talks

Timekeepers gathered in Geneva on Thursday to thrash out a contested proposal to abolish a 40-year-old practice of adding the occasional second to world time.

Space & Earth / Space Exploration

created Jan 19, 2012 | popularity 5 / 5 (2) | comments 3

Countries consider time out on the 'leap second'

It's high noon for the humble leap second. After ten years of talks, governments are headed for a showdown vote this week on an issue that pits technological precision against nature's whims.

Space & Earth / Earth Sciences

created Jan 17, 2012 | popularity 3 / 5 (2) | comments 18

India's Mahindra Satyam sues former directors, auditor

Indian software outsourcer Mahindra Satyam on Monday said it had filed a case against past directors and a former auditor, seeking damages over a $1 billion accounting scam.

Technology / Business

created Jan 09, 2012 | popularity not rated yet | comments 0