Though U.S. political leaders managed to spark some good news for the economy Friday, technology stocks are down for the week, showing a continued lack of confidence in the sector.
The initial public offering of Ruckus Wireless, set for Friday, will highlight the growing importance of Wi-Fi in mobile networks as service providers try to meet the demands of smartphone and tablet users.
Dell on Thursday reported a sharp drop in revenue and profits for the third quarter as the weak PC market continued to weigh on its results.
Some 20 startups have inked commercial deals with SAP that will see them run production applications with the HANA in-memory database on Amazon Web Services, SAP announced Thursday during the Tech Ed and Sapphire conferences in Madrid.
Apple's warranty offerings could be pulled in the European Union after it emerged that the E.U. Justice Commissioner has asked member states to look into possible misselling.
IBM is offering US$4 billion in new credit to customers through its partner channel, and has also developed a new mobile application to help them get financing quickly, the company announced Thursday.
Texas Instruments will lay off 1700 employees as it refocuses its efforts away from the wireless sector -- including cellphones and tablets -- and toward embedded systems, the company announced Wednesday.
Japan's Sharp is seeking an investment from U.S. chip giant Intel and other companies.
The U.S. and China are likely to resolve the conflict over potential security threats from Huawei Technologies' network equipment without a trade war, Cisco Systems chairman and CEO John Chambers said on Tuesday.
Cisco Systems posted higher revenue and profit in its fiscal first quarter despite weak orders in Europe, as results in the U.S. were strong, the networking company reported on Tuesday.
Intel is in final negotiations to invest up to $us500 million in struggling Sharp of Japan, Kyodo News agency reported Tuesday.
Oracle has taken a minority stake in Engine Yard, maker of a PaaS (platform as a service) for Ruby, PHP and Node.js applications, the company announced Tuesday. Financial terms were not disclosed.
Steven Sinofsky, the executive in charge of Microsoft's Windows 8 operating system and the driving force behind its new OS, is leaving the company, Microsoft announced late Monday.
Media reports that European Commission representatives had their computers hacked at the Internet Governance Forum in Baku last week have been vastly inflated.
The number and value of technology mergers and acquisitions is flattening out, mainly as a result of economic uncertainty, according to a PricewaterhouseCoopers report.
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