Oracle's net income for the third quarter ended Feb. 28 rose 78 per cent to $US2.1 billion over the same period last year, helped by strong software sales and an improving hardware business, the company said Thursday. Revenue for the quarter jumped 3...
Outsourcer Satyam Computer Services has challenged in a court in India a demand for rupees 6.16 billion (US$134 million) from India’s Income Tax Department, adding a new twist to the problems at the troubled company.
The devastating earthquake and tsunami that hit Japan on March 11 took a tragic toll on human life but also rocked markets this week, sending shares of businesses, including technology vendors, on a rollercoaster ride.
China Mobile, the country's largest mobile carrier, reported a 3.9 percent increase in profit for 2010, as more of its customers access the Web via their mobile phones.
Passing the second anniversary of the Great Recession's market low this week, the technology sector remains a pillar for corporate revenue and investor confidence, as industry bellwethers like IBM and Apple make impressive share gains.
News from Apple and Teradata along with various economic forecasts this week show that at seemingly opposite ends of the technology-product spectrum, non-PC mobile devices and IT capable of handling extremely high volumes of data are major forces sha...
One of the biggest Twitter-like microblogs in China continues to see its popularity grow, with the number of registered users accounts surpassing the 100 million mark, according to site operator, Sina.
T-Mobile USA suffered a net loss of 23,000 customers in the fourth quarter but gained 1 million smartphone users, which helped to increase the data revenue that the carrier pulled in from an average subscriber.
Repeating what has been a familiar pattern for the past six months, tech earnings and market forecasts this week show that while enterprise IT sales, especially for software, are booming, consumer demand for PCs is flagging.
Hewlett-Packard on Tuesday reported strong profits for its first fiscal quarter of 2011 but the results were dampened by weakness in its PC and services divisions.
Cisco achieved a milestone in its most recent fiscal quarter, one with profound implications for the future of the company: Cisco made more money from its new products and services than it did from routers and switches.
Tech vendor results this week reinforced the perception that business spending would fuel IT sales this year, and helped indexes head for a third straight week of gains.
Clearwire gained 1.5 million subscribers in the fourth quarter of 2010 and more than doubled its revenue, but lost US$128 million, the mobile WiMax operator announced on Thursday.
Lenovo, China's largest PC vendor, reported strong net profit growth in the third quarter as it increased market share in China and gauged brisk sales of laptops and smartphones.
Dell on Tuesday reported a 177 per cent year-over-year increase in net income for its fourth fiscal quarter of 2011, driven by growth in enterprise server and PC sales.
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