Advanced Micro Devices' bottom line changed from black to red on Thursday when the company posted a loss after two straight quarters of profits.
Taiwan Semiconductor Manufacturing Co. said its net profit in the first quarter increased by 21 percent year-over-year on better than expected demand for smartphone chips.
SAP reported a strong growth in cloud revenue and fast adoption of its HANA platform in the first quarter, while its software revenue dipped from the same quarter in the previous year.
Falling hardware sales and the cost of layoffs hit IBM's profit hard in the first quarter, sending it down 21 percent from a year earlier.
Google reported a 19 per cent increase in revenue for the first quarter, but results from its advertising business were mixed.
India's largest outsourcer, Tata Consultancy Services, is boosting hiring and offering wage hikes after reporting strong revenue and profit growth in its recently concluded fiscal year.
Intel shipped 5 million processors for tablets in the first quarter, but profits fell as PC sales remained weak.
In an indication that CEO Marissa Mayer is not yet seeing dramatic results from her efforts to turn the company around, Yahoo's sales dipped slightly in its first quarter, amid some gains in its search advertising business.
Indian outsourcer Infosys reported revenue and profit growth in the first quarter, but is still troubled by strong staff attrition and key management changes.
Samsung Electronics on Tuesday warned that it would post a drop in operating profit during the first quarter of 2014.
Real-time chatter about television abounds on Twitter, offering a potentially lucrative opportunity for advertising. The social network is looking to make the most of it, announcing a series of deals Monday to better monetize tweets about TV shows ar...
Mixed news for hardware and some disappointing software vendor financial reports this week appeared to put a dent in confidence in the IT sector.
BlackBerry continued to struggle during the company's fiscal fourth quarter, experiencing a huge drop in revenue and a $423 million net loss.
Businesses that permit Bitcoin transactions may soon have a way to protect themselves from drops in the digital currency's value.
Though tech spending in the near term is not expected to increase at the heady rates of the dot-com era, industry insiders appear confident that the sector will trend upward this year.
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GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.
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