Cisco is to buy cybersecurity firm
Sourcefire for $2.7 billion, the networking equipment maker
Spain's Telefonica struck a deal Tuesday to buy the
E-Plus mobile network in Germany for
shares and $6.6 billion in cash.
Daniel Loeb and two other directors who represented his Third Point Investors hedge
fund will step down from the board at the end of this month, Yahoo announced
A new patent covering technology invented by employees of Apple Inc.
and a Rancho Santa Margarita company indicates they may be making progress
toward commercializing a futuristic material that could lighten or strengthen
future Apple gadgets.
Google reported soaring revenues and profits on
Thursday, with net earnings up 17 percent year over year -- yet shares slid as much as 5.6 percent.
Nokia narrowed its net loss to $298 million in the second quarter, as lower tax and product
development expenses outweighed a sharp drop in sales.
Nokia narrowed its loss to $298 million (227 million euros) in the second quarter as lower expenses for taxes and product development outweighed a sharp drop in sales, the Finnish
mobile phone maker said Thursday.
Technology services company IBM posted lower
revenues and profits Wednesday but a hike in its forecast for
full-year earnings sent its share price up in after-hours trading.
EBay posted a rise in second-quarter sales
Wednesday, but profits fell as a fierce rivalry with Amazon spurred rising costs.
On Thursday morning, the shareholders of Dell Inc. will help decide
what the future might look like for the largest private employer in Central
CEO Steve Ballmer is restructuring the company to cope with a quickening pace of
The future of Microsoft, and
how well it competes in a changing tech market, hangs at least in part on how
well its reorganization is executed.
Shares in India's Infosys Technologies rose
by 11 percent Friday after the company reported
better-than-expected earnings and maintained its yearly revenue
The European Union carried out
unannounced inspections upon some Internet service companies due to concerns they are abusing their dominant market
Carl Icahn plans to seek a
higher price for his Dell shares in court and urged other
investors to do the same, in an effort to block founder Michael
Dell's buyout offer ahead of a key shareholder meeting.