Moody's lowers Sony rating outlook

Ratings agency Moody's Tuesday lowered the outlook for Sony's A3 long-term debt rating to "negative" as the global electronics giant faces weakening demand for LCD televisions.

Cisco cuts long-term sales growth forecast

(AP) -- Cisco Systems Inc. lowered its long-term sales forecast on Tuesday, acknowledging that its days of heady growth won't return in the foreseeable future.

Hewlett-Packard overhaul exposes underdog status

(AP) -- Hewlett-Packard, one of the world's largest technology companies, finds itself the underdog as it ditches most of its consumer businesses to become more like the well-oiled, corporate-focused machines of rivals IBM ...

In nod to IBM, HP overhaul minimizes consumers

(AP) -- Hewlett-Packard Co. is surrendering in smartphones and tablet computers and has put its personal computer division up for sale, as new CEO Leo Apotheker tries to transform the Silicon Valley stalwart into a twin ...

Cisco cutting workforce by nine percent

US networking giant Cisco on Monday said it will eliminate 6,500 jobs, cutting its global workforce by nine percent as part of a move to slash its annual operating costs.

Group buying sites boost e-commerce in Asia

Innovative "group buying" sites offering bargains on everything from meals to travel packages are catching on in Asia as companies harness the power of social media to influence consumer behaviour.

Motorola to officially split into 2 companies

(AP) -- Motorola Inc.'s formal split into two companies on Tuesday will mark the final step in the years-long breakup of a consumer electronics industry pioneer.

Sluggish PC, ink sales hurt HP; results still beat

(AP) -- Hewlett-Packard Co.'s 19 percent drop in quarterly profit shows that the company still relies heavily on printer ink and the troubled personal computer market, despite the aggressive transformation it's undertaking ...

HP Labs says reorg paying off with new money-making technology

If Hewlett-Packard hadn't reorganized its research efforts a little more than a year ago, according to Prith Banerjee, director of the world-renowned HP Labs, people on the business side of the company might be asking some ...

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