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Crisis forces profit warning at German tech giant Siemens

German engineering giant Siemens said Thursday it would be harder to achieve its annual profit targets, as the gloomy global economic mood weighed on orders, especially in the field of renewable energy.

India's Wipro Q1 net profit up 18%, sees weak outlook

India's third-largest software firm Wipro on Tuesday said net profit climbed 18 percent in the fiscal first quarter but said the global outlook remained uncertain after it gave a muted revenue outlook.

Profits plunge in Q2 for Sweden's Ericsson

(AP) — Swedish wireless equipment maker LM Ericsson saw its second-quarter profits slashed to almost a third as sales of network infrastructure slowed in China and Russia and the company focused on the more stable — ...

German software giant SAP unveils solid Q2 profits

Shares in German software giant SAP soared on Thursday as it announced what it hailed as its "best-ever second quarter performance", beating analysts' expectations for operating profits.

Texas accuses Google of withholding evidence

(AP) -- The Texas attorney general is accusing Google of improperly withholding evidence to stymie an investigation into whether the company has been abusing its dominance of Internet search.

Google buys instant messaging firm Meebo

Google has agreed to buy the online messaging firm Meebo, a move expanding the Internet giant's capabilities for instant sharing of Web pages using social networks.

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