Nokia has named the head of its networks division, Rajeev Suri, as its new CEO from May 1. He will take over from company chairman Risto Siilasmaa, who has been serving as acting CEO.
Samsung Electronics posted a dip in its operating profit for the first quarter, falling by 3.3 percent year-over-year as the company faces growing competition in the smartphone market.
Tech industry bellwethers, including Facebook, Microsoft, Apple and Amazon, weighed in this week with quarterly earnings and -- surprise! -- mobile and cloud offerings appear to be the key to their health.
Despite rising costs in research and promotional spending, Chinese search giant Baidu reported net profit was up by over 24 percent in the first quarter on growing ad revenue made through its mobile services.
Microsoft's profit dropped and its revenue was almost flat in its third fiscal quarter, during which the company replaced Steve Ballmer with Satya Nadella as CEO.
Driven by growth in mobile and Fios broadband customers, Verizon Communications on Thursday reported first quarter 2014 revenue of $30.8 billion, up from $29.4 billion a year earlier.
Apple CEO Tim Cook thinks Microsoft could have benefitted from bringing the Office suite to iPads earlier, but it was better late than never.
Apple's iPad shipments declined, but iPhone sales were strong as the company reported a hike in profit and revenue during the second quarter of 2014.
Facebook reported a nice 72 percent boost in sales for the first quarter, as the company continues to make strides expanding its advertising business on mobile devices.
Installment plans for cellphones are starting to squeeze out the time-honored practice of paying a subsidized price up front, AT&T says.
Gains from its broadband and wireless businesses have fueled AT&T's best revenue growth in more than two years.
Advanced Micro Devices' bottom line changed from black to red on Thursday when the company posted a loss after two straight quarters of profits.
Taiwan Semiconductor Manufacturing Co. said its net profit in the first quarter increased by 21 percent year-over-year on better than expected demand for smartphone chips.
SAP reported a strong growth in cloud revenue and fast adoption of its HANA platform in the first quarter, while its software revenue dipped from the same quarter in the previous year.
Falling hardware sales and the cost of layoffs hit IBM's profit hard in the first quarter, sending it down 21 percent from a year earlier.
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First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.