Alcatel-Lucent reported a drop in revenue during the third quarter, but the company still made a €194 million (US$268 million) profit. However, the future looks murky, the company said on Friday.
AMD plans to lay off 10 per cent of its global workforce and will terminate "existing contractual commitments" in a plan to cut costs, the company announced Thursday.
Apple became one of the world's most successful technology companies under Steve Jobs, and it remains to be seen whether new leader Tim Cook can sustain the company's market dominance and magic.
Cloud computing, security and the mobile space hold the most growth potential in the coming years, according to IT professionals surveyed by tech staffing firm Modis.
A judge in the U.S. on Wednesday allowed parts of C Spire Wireless and Sprint Nextel's lawsuits against AT&T's proposed US$39 billion acquisition of T-Mobile USA.
After a couple of high-profile departures, HP has announced some executive appointments, including a new CIO.
Lenovo's profit for the third quarter nearly doubled year on year as the company continued its fast-paced growth, beating Dell to become the world's second-largest PC vendor.
Sony said Wednesday it booked a deep loss during its fiscal second quarter ended Sept. 30, and now expects to be in the red for the entire year, weighed down by poor sales of its TVs and the strong yen.
PayPal has opened a global operations center in Malaysia, its second in the region.
Yahoo said on Tuesday that it has arrived at a definitive agreement to acquire Interclick, a provider of targeted advertising services, for about US$270 million.
Adobe Systems has acquired privately owned Auditude in order to boost its video offerings with an advertising platform, the company said on Tuesday.
Phil McKinney, vice president and chief technology officer of Hewlett-Packard's Personal Systems Group, will retire from the company at the end of this year, he wrote in a <a href="http://philmckinney.com/archives/2011/10/goodbye-hp-2.html">blog post...
Motorola Mobility will lay off 800 people, the latest in a string of worker reductions at the handset maker, as it prepares to become part of Google.
After reporting sales of 13.2 million smartphones during the third quarter, HTC is now the fourth largest smartphone vendor after having outpaced Research In Motion, according to market research company Canalys.
Spinning off its PC unit would have been too costly for Hewlett-Packard, and that was one of the reasons why the company backed off from the plan it announced in August, according to an HP executive said.
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