Mobile carrier Sprint faces an uncertain future after announcing it is replacing long-time CEO Dan Hesse and reportedly abandoning its bid to by competitor T-Mobile USA.
Microsoft has announced that it will cut its workforce by up to 18,000 jobs, or 14 per cent, in the next year, as part of a broad effort to streamline the company in the wake of its acquisition of phone-maker Nokia.
Acer named one of its co-founders, George Huang, to the post of company chairman as the Taiwanese PC maker battles to become a force in mobile devices and software.
Nokia's ongoing tax dispute with Indian authorities has put an end to its plans to transfer a local smartphone factory over to Microsoft, as the software maker finalizes its takeover of the Finnish company's devices and services business..
Juniper Networks will lay off about 6 per cent of its workforce and back out of application delivery controllers as part of a restructuring intended to cut costs and focus the company on markets where it can grow fast.
Investor Carl Icahn has ripped into the eBay board of directors and called for the company to spin off its PayPal unit in a colorful letter to eBay stockholders released Monday.
IBM is exploring the sale of its semiconductor unit shortly after agreeing to sell its low-end server business to Lenovo Group, according to newspaper reports.
Alcatel-Lucent's revenue remained flat, but the company turned a year-earlier loss into a net profit for the fourth quarter, it reported Thursday.
Microsoft has finally concluded its protracted search and chosen its new CEO: Satya Nadella, who as executive vice-president of the company's Cloud and Enterprise group has successfully steered the shift of the company's back-end server software and ...
Lenovo is once again restructuring its operations, this time to create two new business groups devoted to its enterprise products and to developing a software ecosystem.
Activist investor Carl Icahn has proposed that eBay spin off its payments unit PayPal into a separate company.
One of the first companies that announced an ARM server chip, Calxeda, has folded operations and is now pursuing ways to repurpose or sell its intellectual property.
Acer will have to choose new leaders with expertise in tablets and brand-building to shed its reputation as a low-end seller of notebooks, analysts said.
BlackBerry's chief operating, marketing and financial officers are leaving as recently appointed CEO John Chen makes his mark on the struggling mobile vendor.
With its new-found focus on IP networking and fast broadband access, Alcatel-Lucent is poised to take advantage of a worldwide explosion in mobile devices and the rush of service providers and operators to the cloud, company executives said at the ne...
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