Business Tech

Hewlett-Packard's Revenue Rises as Earnings Fall

Hewlett-Packard's fiscal third-quarter earnings fell 29 percent as the personal computer and printer maker absorbed the costs of employee layoffs and past acquisitions.


Apple Stock Bounces Back Big Time

Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs.


Uber Hires Obama Campaign Manager David Plouffe

President Obama's former campaign manager and White House senior adviser David Plouffe is joining car service startup Uber as it seeks to expand in cities worldwide.


Sprint Cancels Framily, Rolls Out New Data Pricing Plan

Sprint Corp. is killing its Framily discount plan and launching new pricing that tries to attract customers by doubling the data that rival carriers offer smartphone users.


Google's Pivotal IPO Launched a Decade of Big Bets

Google's IPO, a decade ago this week, launched the company on a trajectory that continues to reshape its business and much of the world in its orbit.


Alibaba Looks Into Cash Irregularities in Film Unit

The film unit recently acquired by Chinese e-commerce powerhouse Alibaba has announced an investigation into possible accounting irregularities.


Cisco Could Cut 6,000 Jobs

Cisco Systems says it will lay off up to 6,000 workers, or 8 percent of its workforce, as part of a restructuring.


Cisco 4Q profit drops 1 percent

SAN JOSE, Calif. (AP) Cisco Systems Inc. (CSCO) on Wednesday reported profit that declined by 1 percent in its fiscal fourth quarter, but beat analysts' expectations. The San Jose, California-based company said earnings fell to $2.25 billion, or 43 cents per share, from $2.27 billion, or 42 cents per share, in the same quarter a year ago. Earnings, adjusted for one-time gains and costs, came ...


Uber Taxi App Rival 'Made 13,000 Fake Bookings'

Google-backed taxi app Uber says employees of a rival firm have booked then cancelled almost 13,000 trips to disrupt its business.


King Digital Gets Crushed in Q2

'Candy Crush Saga' maker King Digital Entertainment took a licking on Tuesday after the company reported second-quarter revenue that fell short of expectations.


'BuzzFeed' Takes Great Leap Forward

A $50 million investment and company expansion plans mark another important benchmark in BuzzFeed's unlikely evolution into major Internet player.


Andreessen Horowitz Bets $50 Million on Buzzfeed

Entertainment and news site Buzzfeed got a $50 million vote of confidence from Silicon Valley venture capital firm Andreessen Horowitz, valuing the company at $850 million.


Zynga Shares Tumble After Hours

Zynga on Thursday reported a wider loss in its second quarter, with a revenue forecast falling well short of estimates and its stock tumbling after hours.


Why Samsung Shares Plunged in the April-June Quarter

Samsung earned $6.1 billion last quarter but investors were dissatisfied, sending its share price down 4 percent. Its earnings report for the April-June quarter show why.


Sony Delivers 8-fold Jump in Profit

Sony reported a surprise jump in quarterly profit Thursday as sales got a perk from a cheap yen and its bottom line was helped by gains from selling buildings and its stake in a video-game maker.


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