EBay posts higher 1Q net income and revenue

(AP) -- EBay's first-quarter net income grew 20 percent thanks to higher revenue from its PayPal business and brisk sales at its e-commerce websites. The results beat Wall Street's expectations and investors sent the company's ...

SAP says profits up in first quarter

German software giant SAP said on Friday it was sticking to its full-year targets for 2012 after profits rose in the first three months.

Taiwan's HTC says first quarter profit down 70%

Taiwan's top smartphone maker HTC said Friday net profit in the first three months of the year plummeted 70 percent, to the lowest since 2006, owing to falling demand.

T-Mobile cutting a net 1,900 call-center jobs

(AP) -- Cellphone carrier T-Mobile USA Inc. said Thursday that it is cutting 1,900 jobs nationwide as it consolidates its call centers in an effort to reduce costs and remain competitive.

Taiwan's Acer swings to profits in fourth quarter

Taiwan's leading personal computer maker Acer said Thursday it swung back into the black in the three months to December after suffering losses in the previous two consecutive quarters.

Cisco beats estimates with 2Q earnings, sales (Update)

(AP) -- Cisco, the world's largest maker of computer networking equipment, on Wednesday said that its net income jumped 44 percent in the latest quarter as it continues to put last year's slump behind it.

Countries consider time out on the 'leap second'

It's high noon for the humble leap second. After ten years of talks, governments are headed for a showdown vote this week on an issue that pits technological precision against nature's whims.

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