Better news about the economy and online spending capped off by strong quarterly results and robust forecasts from Oracle and Research In Motion helped fuel markets this week to new highs.
Oracle's net income for the quarter ended Nov. 30 rose 28 per cent from a year earlier to $US1.9 billion, buoyed by strong software license sales and an improving hardware business, the company said Thursday. Revenue was $8.6 billion, a jump of 47 pe...
Research In Motion may have high hopes for its PlayBook tablet but it looks like the device will not go on sale until the end of the first quarter, according to comments from executives during RIM's earnings call Thursday.
Four executives at publicly traded technology companies have been arrested on charges they sold inside information about their employers, sometimes for hundreds of thousands of dollars.
Oracle's net income for the quarter ended Nov. 30 rose 28 percent to US$1.9 billion compared to the same period last year, buoyed by strong software license sales and an improving hardware business, the company said Thursday. Revenue was $8.6 billion...
The former CEO of networking software company Comverse Technology has agreed to forfeit US$46 million to help cover shareholder lawsuits against the company he founded.
Speaking publicly for the first time since he was appointed CEO of Hewlett-Packard in late September, Leo Apotheker on Monday said that HP will focus more on software and that he still has some learning to do about the company.
Dell on Thursday reported a growth in profits and revenue for the third quarter of fiscal 2011, driven by strong demand for the company's commercial products.
Word of slowing growth from Cisco put the brakes on the tech rally in the markets, but Lenovo results and forecasts for the mobile, online and consumer electronics markets suggest that IT's recovery from the recession still has legs.
Cisco Systems posted gains in both profit and revenue on Wednesday for its fiscal first quarter that ended Oct. 30, despite what it called "a challenging economic environment."
Vodafone reported third-quarter service revenue up 2.5 per cent year on year, but its mobile data revenue rose much faster, up 25.3 per cent. At 11.7 per cent of group service revenue, mobile data is now on the point of overtaking Vodafone's cash-cow...
Lumber Liquidators is attributing a weak third quarter to a complex SAP implementation, saying the project imposed a significant drain on worker productivity. But the problems appear to be largely related to employees having trouble acclimating to th...
WiMax service provider Clearwire will lay off 15 per cent of its employees and suspend the opening of retail stores and marketing campaigns in some cities as it tries to conserve cash and raise additional capital.
Telecommunications equipment vendor Alcatel-Lucent returned to profitability and grew its revenue in the third quarter, the company said on Thursday.
Samsung Electronics, the world's largest memory chip and LCD panel maker, reported its best sales ever in the third quarter due to strong demand for semiconductors and mobile phones, but it predicted a challenging fourth quarter.
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First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.