Alcatel-Lucent boss leaving as losses mount

Alcatel-Lucent CEO Ben Verwaayen is leaving the loss-making French-U.S. telecommunications gear maker after a failed four-year bid to turn the business around.

Apple unveils iPad with doubled memory

Apple Tuesday unveiled a new iPad with twice the storage capacity as the existing model in an effort to score business with companies that share large amounts of data.

Apple bruised as analysts predict slower growth

Apple took a fresh bruising on Thursday after a gloomy forecast accompanying its record quarterly profits prompted pessimism over the tech giant's slowing growth trajectory.

Apple hails results but outlook knocks stock price

Apple shares slid about 10 percent Wednesday after the tech giant posted record profits and sales of its iPhones and iPads but offered a disappointing forecast for the coming months.

Moody's cuts HP long-term debt rating to Baa1 (Update)

(AP)—Moody's Investors Service on Wednesday lowered its long-term credit rating on Hewlett-Packard, saying the technology giant will have trouble increasing sales of many of its products.

Intel sees weak 4Q, little Windows 8 bounce (Update)

Intel Corp., the world's largest chipmaker, expects cold winds to blow this fall, as consumers shift their spending toward tablets and a weak global economy curbs corporate spending on computers.

China rejects US solar tariffs as protectionism

(AP)—China demanded Thursday that Washington repeal steep tariffs on solar panels that Chinese producers fear will shut their equipment out of the American market.

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