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LinkedIn's 4Q revenue doubles, stock soars 8 pct

(AP) -- LinkedIn provided further evidence of online networking's popularity and moneymaking potential with a fourth-quarter performance that got a glowing review on Wall Street.

Technology / Business

created Feb 09, 2012 | popularity not rated yet | comments 0

Thomson Reuters posts loss on $3 bn writedown

Thomson Reuters posted a fourth-quarter loss on Thursday as the financial news and information provider took a $3 billion writedown on its financial services business.

Technology / Business

created Feb 09, 2012 | popularity not rated yet | comments 0

Lenovo 3Q profit up by half, warns of disk supply

(AP) -- Lenovo Group Ltd., the world's second biggest personal computer maker, said Thursday that quarterly profit grew by more than half but warned hard drive costs would remain high amid a global shortage.

Technology / Business

created Feb 09, 2012 | popularity not rated yet | comments 0

Groupon fails to turn profit as revenue grows

Daily deals site Groupon on Wednesday issued its first earnings report as a publicly traded company, saying it failed to turn a profit despite revenue nearly tripling from a year earlier.

Technology / Business

created Feb 08, 2012 | popularity not rated yet | comments 0

News Corp. quarterly net profit up 65%

News Corp. said Wednesday that its net profit rose 65 percent in the second quarter of its fiscal year to $1.06 billion.

Technology / Business

created Feb 08, 2012 | popularity not rated yet | comments 0

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.

Technology / Business

created Feb 08, 2012 | popularity not rated yet | comments 0

Washington Post offering buyout to news staff

The Washington Post announced a voluntary buyout for some newsroom staff on Wednesday, citing the difficult economic climate for the newspaper industry.

Technology / Business

created Feb 08, 2012 | popularity not rated yet | comments 0

Taiwan's Acer sues ex-CEO over Lenovo job

Taiwan's leading personal computer maker Acer said Wednesday it has filed a lawsuit against former chief executive Gianfranco Lanci after he joined Chinese rival Lenovo.

Technology / Business

created Feb 08, 2012 | popularity not rated yet | comments 0

Disney 1Q revenue misses estimates but profits up

(AP) -- The Walt Disney Co. says net income rose 12 percent in the final quarter of 2011, as revenue inched higher amid company cost cutting.

Technology / Business

created Feb 07, 2012 | popularity not rated yet | comments 0

Fall of Communism changed mathematics in US: New study

The collapse of the Soviet Union in 1992 brought an influx of Soviet mathematicians to U.S. institutions, and those scholars' differing areas of specialization have changed the way math is studied and taught in this country, ...

Other Sciences / Mathematics

created Feb 07, 2012 | popularity 3 / 5 (2) | comments 0

Taiwan's HTC expects 30 percent sales plunge in 1Q

Taiwan's leading smartphone maker HTC forecast Monday that its revenue in the three months to March may plunge 30 percent from a year ago, as competitors Apple and Samsung take their grip on the market.

Technology / Business

created Feb 06, 2012 | popularity not rated yet | comments 0

Apple's iPhone hot but Android handsets on fire (Update)

An outbreak of iPhone fever made Apple the hottest smartphone maker worldwide at the end of 2011 but handsets powered by Google's Android software were shaping up as true winners in the market.

Technology / Business

created Feb 06, 2012 | popularity 3.7 / 5 (6) | comments 3

NY Times net profit declines in fourth quarter

The New York Times Co. said Thursday that a print advertising revenue slide and weaker results at advice website About.com dragged down net profit in the fourth quarter.

Technology / Business

created Feb 02, 2012 | popularity not rated yet | comments 1

S. Korea's Hynix swings to red in Q4 on poor demand

South Korea's Hynix Semiconductor, the world's second-largest maker of memory chips, said Thursday it swung into the red in the fourth quarter as chip prices fell on weak demand for personal computers.

Technology / Business

created Feb 02, 2012 | popularity not rated yet | comments 0

Sony's Hirai to replace Stringer as CEO in April

(AP) -- Sony Corp. announced Wednesday that Kazuo Hirai, who leads the company's core consumer products business, will replace Howard Stringer as CEO and president effective April 1, as the electronics and ...

Technology / Business

created Feb 01, 2012 | popularity not rated yet | comments 1