Acer reported loss for the second quarter in a row, as the Taiwanese company struggles with sagging PC sales and the rise of tablets.
Hewlett-Packard's chief strategy and technology officer, Shane Robison, is retiring and will not be replaced, the company said Thursday.
Microsoft kicked off its first quarter of fiscal 2012 with solid growth, reporting a seven percent increase in revenue, compared to a year ago, and a six percent increase in net income.
Cisco Systems plans to acquire BNI Video, a privately held provider of video delivery software for service providers, for about US$99 million.
AT&T's revenue was down slightly in the third quarter of 2011, compared to a year earlier, but net income rose by about US$400 million, on a comparable basis, driven by strong growth in its mobile and broadband divisions.
Nokia reported a net loss and a fall in revenue for the third quarter, despite selling more phones than analysts had expected.
India's Bharti Enterprises has set up a joint venture with Japan's Softbank to focus on social media, gaming, and e-commerce for India's booming mobile market, it said Thursday.
China Mobile, the country's largest mobile operator, saw net profit in its third quarter increase by about 3.7 percent from the same period year ago, according to data published by the company Thursday.
The European Commission approved on Wednesday the acquisition by Seagate Technology of the hard disk drive (HDD) business of Samsung Electronics, after concluding that there will still be enough players in the market after the acquisition.
Intuit is planning to discontinue two applications small businesses use to monitor hours and billing, to the consternation of some users who feel the decision came too abruptly.
Advanced Micro Devices has appointed former Apple iPhone development chief Mark Papermaster as chief technology officer, where he will take charge of developing AMD's future microprocessors and hardware.
CSC's Chairman and CEO, Michael W. Laphen, plans to retire from his position no later than a year from now, the company announced on Tuesday.
China has become Apple's second-largest market behind the U.S., with revenues increasing almost four times year-over-year for this past quarter, according to company CEO Tim Cook.
Yahoo reported steep declines in revenue and profit for the third quarter, pulled down by weak ad sales and the failure of its search partnership with Microsoft to yield strong returns.
Intel on Wednesday reported profit and revenue gains for the third quarter of fiscal 2011 on strong PC and server chip sales, overcoming a drop in Atom tablet and netbook chip sales.
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GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.