Business news

HP's profit up 14 pct despite sales drop

Technology / Business

11 hours ago | not rated yet | 0

(AP) -- Hewlett-Packard Co.'s profit jumped 14 percent in the latest quarter, helped by cost-cutting and better results from its technology services division.

Gartner forecasts 2.8 percent growth in PC sales in 2009

Technology / Business

13 hours ago | not rated yet | 0

Worldwide sales of personal computers, which had been forecast to decline this year, will instead post modest gains, Gartner research group said Monday.

Retailers look to stretch out Cyber Monday push

Technology / Business

11 hours ago | not rated yet | 0

(AP) -- Retailers are thinking beyond Cyber Monday - a holiday marketing promotion many push for the Monday after Thanksgiving - and trying to spin their discounts into into Cyber Weekends or even Cyber Weeks.

AOL offers buyouts to over a third of work force

Technology / Business

Nov 19, 2009 | not rated yet | 0

(AP) -- The struggling Internet company AOL plans to shed up to 2,500 jobs - more than a third of its work force - as it prepares to separate from Time Warner and finally sever their ill-fated marriage.

Dell's profit, stock drop on weak quarterly report

Technology / Business

Nov 19, 2009 | 5 / 5 (1) | 0

(AP) -- Some of the computer-industry's biggest players - such as IBM Corp., Intel Corp. and Hewlett-Packard Co. - have wowed Wall Street this fall with stronger-than-expected profits.

Observers wary of 'truce' between Intel, AMD

Technology / Business

Nov 19, 2009 | 4 / 5 (1) | 0

Can Intel and Advanced Micro Devices, Silicon Valley's version of the long-squabbling Hatfields and McCoys, really get along?

Sony chief executive outlines turnaround plan

Technology / Business

Nov 19, 2009 | not rated yet | 0

(AP) -- Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way to showcase its strength in entertainment and surface from deep ...

Judge rejects AT&T's bid to pull Verizon ads

Technology / Business

Nov 19, 2009 | not rated yet | 1

(AP) -- A federal judge on Wednesday denied a request by AT&T Inc. to force competitor Verizon Wireless to pull its "There's a Map for That" commercials.

Sony Ericsson closes NC, other sites as HQ moves

Technology / Business

Nov 18, 2009 | not rated yet | 0

(AP) -- Cell phone handset maker Sony Ericsson will move its North American headquarters from North Carolina to Atlanta and close a half-dozen sites worldwide as it retrenches against what it expects will be a tighter market ...

South Korean regulator approves iPhone

Technology / Business

Nov 18, 2009 | not rated yet | 0

(AP) -- South Korea's telecommunications regulator cleared the way Wednesday for the launch of Apple's iPhone, amid reports the hit device could reach consumers by the end of this month.

'Call of Duty' setting entertainment records

Technology / Business

Nov 18, 2009 | 2 / 5 (1) | 0

(AP) -- The video game "Call of Duty: Modern Warfare 2" is blasting its way into entertainment history.

DirecTV to appoint PepsiCo executive as CEO

Technology / Business

Nov 18, 2009 | not rated yet | 0

(AP) -- DirecTV Group Inc. is naming the vice chairman of PepsiCo Inc. as its chief executive.

Court rules against Microsoft in China font case

Technology / Business

Nov 17, 2009 | 5 / 5 (1) | 0

A Chinese court has ruled Microsoft Corp. infringed a Chinese company's intellectual property rights by including certain fonts in its operating systems, the companies confirmed Tuesday.

Semiconductor revenue to fall 11 percent: Gartner

Technology / Business

Nov 16, 2009 | not rated yet | 0

Worldwide semiconductor revenue is expected to decline by more than 11 percent in 2009 over last year, less than previously forecast, market research firm Gartner said Monday.

Cisco raises bid for Tandberg to $3.4 billion

Technology / Business

Nov 16, 2009 | not rated yet | 0

(AP) -- Cisco Systems Inc. said Monday it raised its bid for Norway's Tandberg ASA after only a fraction of Tandberg shareholders agreed to Cisco's initial offer.

India fraud office to prosecute Satyam founder

Technology / Business

Nov 16, 2009 | 4.3 / 5 (3) | 0

India's fraud office will file charges this month against the founder of outsourcer Satyam after he admitted to falsifying profits in the nation's biggest corporate fraud, a minister said Monday.

Vonage to settle investigation involving 32 states

Technology / Business

Nov 16, 2009 | 5 / 5 (1) | 0

(AP) -- Internet phone service provider Vonage Holdings Corp. has agreed to pay $3 million to 32 states to settle an investigation into some of its business practices.

Finnish technology workers warn of strike

Technology / Business

Nov 16, 2009 | not rated yet | 0

(AP) -- Some 2,000 employees in Finland's technology sector will begin a strike in two weeks time if no agreement is reached in labor talks with company managers, union leaders said Wednesday.