Microsoft Corp. today announced that
Amy Hood is its new chief financial officer, succeeding outgoing CFO
Peter Klein who will remain at Microsoft through the end of June.
Microsoft on Tuesday acknowledged a variety
of problems with its latest operating system, Windows 8, confirming
the complaints of many analysts and customers.
Dell Inc. has acquired Minneapolis-based
Enstratius, a private cloud-computing firm, for disclosed terms.
Security solutions provider McAfee announced the signing of a definitive agreement to initiate a conditional tender offer for the acquisition of Stonesoft Oyj, a provider of next-generation network firewall products.
Apple replaced Silicon Valley's previous top 10 tech entry, Hewlett-Packard, which
fell steeply while recording the biggest loss of any company to make the Fortune 500 in
Adobe Systems announced an update to its Creative Cloud, its new flagship offering, and that it has no plans for future releases of its Creative Suite line of software.
The European Union believes that Motorola
violated the law when it used mobile phone patents to block products
by competitor Apple in Germany. The preliminary opinion could lead to hefty fines for Motorola.
Social media network Facebook is making strides with its mobile business, which counted for
nearly one of every three of its ad dollars last quarter.
Intel has appointed veteran executive Brian
Krzanich as its new CEO, the computer chip giant
e-Management launched its AllAboutRisks.com website to showcase its eGov Risk Portfolio Manager, the woman-owned small business announced.
Chinese online media company SINA Corp. has agreed on a strategic alliance with subsidiaries of Weibo Corp., Alibaba Group and others, SINA announced.
Profits at Samsung Electronics
surged 41.6 percent year-on-year in the first quarter due to strong
sales of its smartphones, according to media reports.
Amazon.com, the Web's biggest retailer, reported a 22 percent growth in first quarter revenue
Thursday to $16.1 billion, yet profits dipped.
that Fred Amoroso has resigned as chairman of the board, but will continue to
serve on the board through the shareholders meeting on June 25. The board has appointed Maynard Webb Jr. to serve as interim chairman.
Wikileaks has scored an 'important victory' in its fight against credit card companies that have tried to block online payments to the iconoclastic organization.