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Taiwan's AU Optronics returns to profit in third quarter

Technology / Business

created Oct 22, 2009 | popularity not rated yet | comments 0

Taiwan's Au Optronics Corp on Thursday posted a net profit of 7.4 billion Taiwan dollars (228.5 million US) on increased demand and higher product prices following two consecutive quarterly losses.


Cisco said it will pay cash and retention-based incentives for ScanSafe

Cisco to buy ScanSafe for $183 million

Technology / Business

created Oct 27, 2009 | popularity not rated yet | comments 0

Cisco announced on Tuesday it has agreed to buy Web security company ScanSafe for some 183 million dollars, the latest in a string of acquisitions by the US networking giant.


A visitor looks at laptops at a computer fair

Semiconductor revenue forecast to fall 17 pct

Technology / Semiconductors

created Aug 26, 2009 | popularity 5 / 5 (1) | comments 0

Worldwide semiconductor revenue is expected to decline 17.1 percent this year compared with last year, market research firm Gartner said Wednesday.


A woman uses her mobile phone near a share prices board in Tokyo

Mobile multimedia revenues tipped to dethrone text

Technology / Telecom

created Nov 23, 2009 | popularity not rated yet | comments 0

Multimedia services will surpass text messaging this year as the main source of mobile operators' non-voice revenue in the Asia-Pacific region, industry analyst IDC said Monday.


Treasury Secretary Tim Geithner

US tops $1 bln in stimulus for clean energy projects

Technology / Energy

created Sep 22, 2009 | popularity 3 / 5 (2) | comments 1

The US government has spent more than one billion dollars on private sector renewable energy projects from the massive economic stimulus program passed seven months ago, officials said Tuesday.


Delegates at the Twitter Conference LA in Los Angeles on September 22

Twitter to raise $100 mln in new funding: WSJ

Technology / Internet

created Sep 24, 2009 | popularity 5 / 5 (1) | comments 0

Twitter is close to raising up to 100 million dollars in new funding in a deal which values the hot micro-blogging service at one billion dollars, The Wall Street Journal reported Thursday.


India's Wipro posts 19 percent rise in profits

Technology / Business

created Oct 27, 2009 | popularity 1 / 5 (1) | comments 0

India's third-largest software group Wipro on Tuesday reported a 19-percent rise in net profit and forecast improving demand, underscoring new optimism in the sector.


The Washington Post Co. reversed its slide and posted a quarterly profit despite a steep decline in advertising revenue

Washington Post stems tide of red ink

Technology / Business

created Jul 31, 2009 | popularity not rated yet | comments 0

The Washington Post Co. reversed its slide and posted a quarterly profit on Friday despite a steep decline in advertising revenue at its flagship newspaper.


Intuit buying Mint.com for 170 mln dlrs

Intuit buying Mint.com for 170 mln dlrs

Technology / Business

created Sep 14, 2009 | popularity not rated yet | comments 0

Financial software company Intuit Inc. announced on Monday that it has agreed to purchase personal finance website Mint.com for 170 million dollars in cash.


Global media giant News Corp. posted an 11 percent rise in quarterly net profit on Wednesday

News Corp. net profit up on movie, cable TV showing

Technology / Business

created Nov 04, 2009 | popularity not rated yet | comments 0

Global media giant News Corp. posted an 11 percent rise in quarterly net profit on Wednesday as strong results from its movie, cable television and book publishing divisions offset a newspaper slump.


SKorea's Hynix finally swings to profit

Technology / Business

created Oct 23, 2009 | popularity not rated yet | comments 0

South Korea's Hynix Semiconductor, the world's second largest memory chip maker, Friday announced a profit for the third quarter after seven straight quarters of losses.


China Mobile reports half-year profit up 1.5 percent

Technology / Business

created Aug 20, 2009 | popularity not rated yet | comments 0

China Mobile, the nation's largest mobile phone operator, on Thursday reported a 1.5 percent rise in half-year net profit, as it was hit by strong competition and a slow economy.


Models with Hewlett Packard notebooks

HP, Taiwan's Foxconn to build China plant: report

Technology / Business

created Aug 05, 2009 | popularity 4 / 5 (3) | comments 1

US computer giant Hewlett-Packard Co. and Taiwan's Foxconn Group will jointly build a plant in China to make laptops and related equipment, a report said Wednesday.


Hynix Semiconductor's net loss sharply narrows

Technology / Business

created Jul 24, 2009 | popularity not rated yet | comments 0

Hynix Semiconductor Inc., the world's second-largest memory chip maker, said Friday its net loss narrowed sharply in the second quarter as a global supply glut eased.


Employees at Hynix

SKorea's Hyosung group bids for Hynix: report

Technology / Business

created Sep 22, 2009 | popularity not rated yet | comments 0

A minor business conglomerate in South Korea looks set to buy a major stake in the world's second biggest memory chip maker after becoming the only firm to submit a bid, a report said Tuesday.