The roll out of the NBN has impacted Telstra's net profit after tax, which dropped 28 per cent to $1.2 billion in the half year ended 31 December 2018.
Lenovo is laying off 3200 employees and trimming down its smartphone portfolio in response to a slowdown in its PC and handset sales.
Chuck Robbins has only been in the job three weeks but the new CEO of Cisco Systems is already dropping hints about acquisitions.
Alibaba Group's Cloud computing and mobile business are surging, but its reported revenue in the second quarter missed analysts' estimates, amid a slowing Chinese economy.
Continuing to struggle in the smartphone industry, HTC is hoping its upcoming products in virtual reality and wearables can pull in some sales.
Earlier this month, a security vulnerability in Adobe Flash compelled Google and Mozilla to temporarily block the plug-in from their browsers. Now, Facebook says the problems with Flash could hurt its bottom line.
Lackluster demand for its flagship Galaxy S6 smartphone and higher marketing costs led Samsung Electronics to another quarter of falling sales and profits in the April to June period.
Facebook has posted strong sales results for the second quarter, showing continued success in its advertising business, though its costs also rose sharply.
Japanese gaming icon Nintendo posted a profit for the April-June quarter on Wednesday thanks in part to surging sales of a game in which players can squirt ink all over the place and transform into squids.
Twitter reported a higher than expected increase in revenue on Tuesday, suggesting progress in the company's efforts to grow its ad sales.
An appeals court has ruled that shareholders cannot sue Facebook or Mark Zuckerberg in a case that accused the company of withholding key financial information from the public until after its IPO.
Cloud services continue to grow by leaps and bounds for Amazon.com.
Qualcomm will cut costs by about $1.4 billion per year and study the possible sale of assets as part of a company realignment.
Yahoo has reported an uncharacteristic rise in revenue for the second quarter, but it came with a hefty sum spent on boosting its search traffic.
Apple reported an unusual misstep in the April-to-June quarter, selling fewer iPhones than analysts had been expecting, but it wasn't all bad news from Cupertino.
Last year, Australians lost more than $2.8 million (AUD) in fake ATO scams
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