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Apple shares soar, edges ExxonMobil in market cap

Apple shares soared on Wednesday following blockbuster quarterly earnings and the California gadget-maker leapfrogged over ExxonMobil to become the largest US company in terms of market value.

Technology / Business

created Jan 25, 2012 | popularity 1 / 5 (4) | comments 2

Sweden's Ericsson says Q4 profits dropped

(AP) -- LM Ericsson, the world-leading wireless equipment maker in terms of market share, on Wednesday shocked the market by posting a much worse-than-expected fourth-quarterly result, mainly blaming operators for turning ...

Technology / Business

created Jan 25, 2012 | popularity not rated yet | comments 0

NZ police raid file-sharing site founder's mansion

New Zealand police raided several homes and businesses linked to the founder of Megaupload.com, a giant file-sharing site shut down by U.S. authorities, on Friday and seized guns, millions of dollars, and ...

Technology / Internet

created Jan 20, 2012 | popularity 5 / 5 (1) | comments 1

Microsoft 2Q beats Street despite soft PC market

Microsoft Corp. battled through a weak PC market to post flat earnings in the final quarter of 2011, boosting sales of servers, Xbox games and its Office productivity software while trimming losses at its ...

Technology / Business

created Jan 19, 2012 | popularity not rated yet | comments 2

Google's 4Q disappoints as advertising prices sink (Update)

What was supposed to be a celebration of the most prosperous quarter in Google's 13-year history instead turned into a major letdown.

Technology / Business

created Jan 19, 2012 | popularity not rated yet | comments 0

IBM 4Q earnings beat estimates, revenue falls shy (Update)

IBM Corp.'s fourth-quarter earnings handily beat Wall Street's expectations on Thursday, helped by higher revenue and profit margins in the technology icon's lucrative software and services segments.

Technology / Business

created Jan 19, 2012 | popularity not rated yet | comments 0

Feds shut down Megaupload.com file-sharing website (Update)

One of the world's largest file-sharing sites was shut down Thursday, and its founder and several company executives were charged with violating piracy laws, federal prosecutors said.

Technology / Internet

created Jan 19, 2012 | popularity 4.3 / 5 (6) | comments 49

More sharing comes to Facebook with new apps

Facebook is adding a bevy of new applications to let users share everything from photos of what they cooked for dinner, to details on what they are wearing, to what concert they scored tickets to.

Technology / Software

created Jan 19, 2012 | popularity not rated yet | comments 0

India's HCL profit jumps 43%, shares gain

India's fourth-biggest software services firm, HCL, Tuesday posted a 43 percent jump in quarterly net profit, beating forecasts, thanks to stronger outsourcing demand and a weak rupee.

Technology / Business

created Jan 17, 2012 | popularity not rated yet | comments 0

Wind turbine giant Vestas to cut 2,335 jobs this year

Wind turbine giant Vestas said Thursday it would slash 2,335 jobs, leaving Denmark's government red-faced after it made "green technologies" a top priority of its just-launched EU presidency.

Technology / Business

created Jan 12, 2012 | popularity 4 / 5 (1) | comments 0

Microsoft eclipses Yahoo in US search for 1st time

Microsoft Corp. has finally reached a long-sought and expensive goal - its Bing search engine now ranks second behind Google in the Internet's most lucrative market.

Technology / Internet

created Jan 11, 2012 | popularity 4.5 / 5 (2) | comments 1

Women are 'socially' networked, study shows

(PhysOrg.com) -- Bloggers and other social network users are more likely to share knowledge online where the qualities of trust, strong social ties and reciprocity are present, according to a study forthcoming in the Journal of ...

Other Sciences / Social Sciences

created Jan 11, 2012 | popularity not rated yet | comments 0

Anonymous targets Finland over anti-piracy efforts

Cyber-activists attacked the websites of Finnish anti-piracy groups after a local Internet service provider was forced to block access to a popular file-sharing website, officials said Tuesday.

Technology / Internet

created Jan 10, 2012 | popularity not rated yet | comments 0

Wind turbine maker's shares plunge 19%

Vestas, the world leader in the wind turbine industry, saw its share price plummet around 19 percent at the opening Wednesday, a day after issuing a profit warning.

Technology / Business

created Jan 04, 2012 | popularity 4.8 / 5 (4) | comments 161

RIM share of US smartphone market slips

BlackBerry maker Research In Motion's share of the US smartphone market declined during the three months ending in November, while Apple and Google's Android platform both made gains, industry tracker comScore ...

Technology / Business

created Dec 29, 2011 | popularity not rated yet | comments 0