Yahoo profit up, but revenue falls short of forecasts
Yahoo's second-quarter revenue was US$1.60 billion, coming in on the low end of the company's expectations and falling short of analyst predictions.
Yahoo's second-quarter revenue was US$1.60 billion, coming in on the low end of the company's expectations and falling short of analyst predictions.
Google's second-quarter financial report last week provided further signs that, after years of trying, Google may finally be seeing material results from emerging businesses that could help it diversify from search advertising, which still generates most of its revenue.
Dell announced Monday that it plans to acquire Ocarina Networks, a maker of hardware and software designed to reduce the amount of storage capacity enterprises need, for an undisclosed sum.
Only minutes after the Q&A session for their press conference on iPhone 4 antenna issues wrapped up, Apple has uploaded a streaming video of that press conference for all to see on its Website. This video lacks the Q&A session, but does contain the entire presentation as delivered by Steve Jobs, including the tongue-in-cheek YouTube video that kicked it off.
The amount of money people put into U.S. venture capital investments nearly returned to pre-recession levels in the second quarter, with most deals going to information technology companies, according to Dow Jones VentureSource.
Google on Friday said it acquired Metaweb, a company that maintains a database of information that it offers to website operators wishing to aggregate content about specific topics on their sites.
Frustrated by what they consider poor treatment and lack of interest from Oracle, members of the OpenSolaris Governing Board are essentially delivering an ultimatum to the vendor, asking that it appoint a liaison to the group by no later than Aug. 16, or else the board will be disbanded.
Microsoft is giving its partners tools that could help drive more business to its cloud-based services.
Intel on Tuesday reported strong earnings for the second quarter of fiscal 2010, buoyed by strong microprocessor sales in the server segment.
Intel's latest microprocessor family, code-named Sandy Bridge, will start rolling off production lines faster than expected due to rave reviews by customers, the company's CEO said Tuesday.
Consumer Reports magazine today said it won't recommend Apple's iPhone 4 because of major reception issues when users touch the external antenna. One analyst called the publication's conclusion a "black eye" for Apple.
Apple opened a retail store in Shanghai on Saturday, the company's second in China.
Adobe Systems has started work to bring 3D to its Flash platform, and will preview the technology at the company's upcoming developer conference in October.
Facebook has acquired NextStop, a two-year-old startup that lets people create and share travel guides and recommendations with others looking for things to do in places they're not familiar with.
EMC's announcement this week of plans to purchase data warehousing vendor Greenplum represents a harbinger of things to come for that market, as well as related areas like BI (business intelligence) and data integration, according to some analysts.
Nokia has asked Russian authorities to help retrieve what it says is an unauthorized model of a future phone that a blogger wrote about and photographed on a phone review site.
Nokia is selling off its wireless modem business to Renesas Electronics, a move that could help the mobile giant better focus on phone competition and get rid of a business that may have been struggling.
Advanced Micro Devices is looking to invest in technology companies as it tries to build a hardware and software ecosystem around its upcoming Fusion processor, the company said on Tuesday.
China has hit back at the European Commission over an investigation into allegations of hardware dumping.
One of Singapore's biggest banks suffered a major IT outage on Monday that took down its computer systems for seven hours.
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