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Spurred by E-Mail Leak, HP Boosts Guidance for Q2

Reigning PC king HP's second quarter results will exceed earlier guidance, thanks to strong sales of PCs and enterprise-class servers, the company announced Tuesday. The news sent the company's stock to a six-year high ...

Marvell Cleans Out Executive Suite Following Backdating Probe

Marvell Technology Group announced several changes to its leadership after an internal investigation found that stock options grants were routinely backdated, the company announced Monday. The firm indicated that more changes could be on the way ...

NBC, Viacom Add Heft to YouTube Copyright Suit

Google's YouTube-related legal struggles have mounted in recent days, with NBC Universal and Viacom lending support to a California journalist's copyright infringement suit against the video-sharing site, and a third lawsuit filed by England's top soccer league ...

Nokia Siemens to Shrink Workforce by 9,000

Following in the footsteps of fellow telecom equipment maker Alcatel-Lucent, Nokia Siemens Networks will advance plans to reduce its 60,000-person workforce by 15 percent -- 9,000 people -- in the next two-and-a-half years, the company said Friday ...

Microsoft Reloaded: Gunning for Google With Yahoo Buy?

Microsoft and Yahoo have reportedly discussed a possible merger or other strategic alliance, a move that would dramatically alter the online landscape and could provide Microsoft with the weapon it needs to better battle with search and advertising giant Google ...

Court Bursts Vonage’s New Trial Balloon

An appeals court has denied Vonage's bid for a new trial in its patent spat with Verizon Communications, dashing the VoIP (Voice over Internet Protocol) firm's hopes that a recent Supreme Court ruling would pave the way for its case to be reheard ...

IBM’s New Nano Chip Process Takes Cue From Nature

IBM has developed a method of assembling microchips using nanotechnology, the company stated Thursday, a potentially revolutionary process for insulating tiny wires by allowing them to assemble themselves around air gaps. This advance could make next-generation chips dramatically faster and more energy efficient, IBM said ...

Sirius Lowers Losses, Reaps Record Revenue in Q1

Sirius Satellite Radio posted strong first-quarter results Tuesday, cutting its losses from a year ago on a surprising surge in new subscriptions ...

Qwest Profits Surge on Cost Cuts

Qwest Communications' first-quarter profit nearly tripled despite slightly lower revenue as cost-cutting measures paid off and customers moved toward more high-end data services, the company stated Tuesday ...

SC Hands Microsoft Victory in AT&T Patent Case

The U.S. Supreme Court has sided with Microsoft in a closely watched patent dispute that could limit the reach of domestic patents in overseas uses ...

SC Hands Microsoft Victory in AT&T Patent Case

The U.S. Supreme Court has sided with Microsoft in a closely watched patent dispute that could limit the reach of domestic patents in overseas uses ...

SC Hands Microsoft Victory in AT&T Patent Case

The U.S. Supreme Court has sided with Microsoft in a closely watched patent dispute that could limit the reach of domestic patents in overseas uses ...

Verizon Profits Dip, but Wireless, FiOS Show Strength

Telecommunications giant Verizon posted higher revenue but lower net income for its first quarter Monday, as continued investment in its TV-ready fiber optics network weighed on profits ...

Microsoft Cashes In on Vista in Q3

After years of speculation and delays, Microsoft's Windows Vista is finally aiding the software giant's bottom line. The first wave of sales from the new operating platform helped to propel the company to one of its strongest third quarters on record ...

Gaming Legend to Exit Sony as PS3 Stumbles

The executive who led electronics giant Sony into the game console business is leaving his post atop the company's computer entertainment business ...

Comcast Profit Soars on Triple Play Success

Cable giant Comcast's profit rose 80 percent in the first quarter, the company stated. One-time gains aided results, and demand for the company's triple play bundle of Web, TV and calling services remained robust ...

Vonage Gets Breathing Room Pending Appeal

Shares of Vonage soared briefly after the beleaguered VoIP (Voice over Internet Protocol) calling firm won a major court victory that will enable it to continue signing up new customers while its appeal of a patent infringement verdict wends its way through the legal system ...

IBM Boosts Dividend, Adds $15B to Buyback Fund

Shares of IBM powered higher Tuesday after the technology giant said it would pay a larger quarterly dividend to shareholders and move to buy back up to US$15 billion worth of its own stock ...

MS Hits EU Deadline, Seeks Pricing Guidance

Microsoft on Monday gave the European Union's antitrust regulators more information on its code-sharing program. The company also asked regulators for guidance on how much it can charge rivals for access to its Windows Server protocols ...

Private Equity Group Lifts ACS Buyout Bid to $6.2B

A private equity consortium led by Affiliated Computer Services (ACS) founder Darwin Deason has boosted its bid to buy the company and take it private, hoping to convince shareholders to sell despite the reluctance of the information technology services firm's board of directors ...

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