Technology - Business news

'Silicon Beach' brings tech boom to Los Angeles

So long Silicon Valley. These days entrepreneurs and engineers are flocking to a place better known for surfing waves than the Web. Amid the palm trees and purple sunsets of the Southern California coastline, ...

Oct 22, 2014
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Lenovo looks to expand after IBM acquisition

Lenovo Group has received U.S. and European approval to complete its acquisition of IBM Corp.'s low-end server business and plans to use it to grow faster outside its personal computer business, Lenovo's ...

Sep 29, 2014
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Taiwan's HTC swings to profit in third quarter

Taiwanese smartphone maker HTC said Friday it swung to a profit in the third quarter, but revenue continued to decline owing to sluggish sales amid strong competition from low-priced Chinese models.

Oct 03, 2014
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Can Hewlett-Packard survive the tablet trend?

Personal computer sales have been in a slump for years, as customers flock to increasingly powerful smartphones, tablets and other mobile devices. Now Hewlett-Packard, the Silicon Valley stalwart that was ...

Oct 06, 2014
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Nokia suspends production at Indian handset factory

Finnish telecom equipment group Nokia said Tuesday it was halting production in its Indian factory near Chennai and that a dispute with local tax authorities was hindering finding a buyer for the facility that employs 7,000 ...

Oct 07, 2014
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