Microsoft chief says China piracy very costly

Microsoft chief executive Steve Ballmer has said rampant software piracy in China has eaten into his company's revenue in what is soon to be the world's top PC market, a report said Friday.

Chips' year-over-year sales fall 18 percent in July, SIA says

Global chip sales fell a little more than 18 percent in July from the year-earlier period, but in a sign of improving demand, semiconductor revenue rose on a month-to-month basis for the fifth time in a row, an industry group ...

Streaming revenue edges out CDs in US

Streaming has topped CD sales in revenue for the first time in the United States as music listeners flock to on-demand services and Internet radio, industry figures showed.

Johnson & Johnson tops 4Q earnings expectations

The strong dollar and stiff competition for some products squeezed Johnson & Johnson in the fourth quarter and it missed Wall Street expectations for revenue, triggering a rare sell-off of its shares.

News Corp fiscal 2Q earns top expectations

News Corp., the publishing company controlled by Rupert Murdoch, reported second-quarter earnings that exceeded Wall Street forecasts while revenue declined as expected, reflecting slower advertising sales.

Warner Music says 4Q revenue grew, losses shrank

(AP)—Warner Music Group Corp., the third largest recording company in the U.S., says quarterly revenue grew for the first time in five quarters in the three months through September as sales grew of both digital music and ...

IAC reports 3Q profit but ad revenue still slips

(AP) -- IAC/InterActiveCorp, which runs Match.com, Ask.com and other Web sites, said Tuesday that asset sales helped it profit in the third quarter while advertising revenue continued to slump.

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