Indian software exporter Infosys on Friday said its quarterly profit rose 27 percent, but disappointed the markets with a lower-than-expected growth forecast that saw its shares plunge.
Microsoft announced its biggest-ever customer for cloud computing – software that it hosts on behalf of clients and delivers over the Internet – after winning a contract to provide free services to a major Indian education body.
Ailing mobile phone maker Nokia warned its phone business would post losses in the first two quarters this year, as it struggles to revamp its product line to compete with rivals Apple and Samsung.
Resistance is futile. Are robot guards the future of prison security?
Yahoo Inc Chief Executive Scott Thompson outlined how the Internet pioneer will revive itself by putting in place a new structure to sharpen its focus on users, advertisers and overlooked areas such as commerce.
Sharp Corp, Japan’s last major fabricator of liquid crystal displays for televisions, is seeking more partners to buy stakes in its main Sakai plant in a bid to spin off the LCD production subsidiary, a source familiar with the matter said.
AOL announced plans to sell more than 800 patents to Microsoft in a $1.056 billion deal giving the struggling Internet pioneer a needed cash injection as it seeks to fend off pressure from shareholders.
A U.S. appeals court on Friday showed few signs that it was prepared to support a request by Apple Inc to block immediately the sale of some Samsung Electronics smartphones and tablets.
A stream of executives have left RIM in the past year as its once-dominant market share has slipped amid fierce competition from Apple Inc and phones running on Google Inc’s Android.
Details on National Broadband Network (NBN), Australia’s biggest infrastructure undertaking on Thursday are finally starting to emerge.
Over 30 government representatives and experts from seven countries are gathered in the beautiful Issyk-Kul lake-side town Cholpon-Ata, discussing the future development of the terrestrial digital transmission standards and its industrialization.
Former Acer Chief Executive Gianfranco Lanci was appointed on Monday as chief of Lenovo’s operations in Europe, Middle East and Africa, and said he aims to break into the top three in the region by next year.
Dell on Monday said it is buying Wyse Technology to expand its business offerings in the Internet “cloud” in the face of softening demand for traditional computing hardware.
A federal judge in the heart of Silicon Valley said Monday that Google and Oracle have failed to settle a patent dispute out of court and that the case will head to civil trial.
Foxconn Technology Group will keep on increasing worker salaries in China and cutting the hours of work, Chairman Terry Gou said on Sunday, after it came under fire for poor working conditions for employees making Apple iPhones and iPads.
High-definition (HD) satellite TV provider, Cignal Digital TV, adds more oomph to local TV viewing with the launch of its own living magazine and sports channels, and the addition of new HD channels – making it the premiere pay TV provider with the most HD channels nationwide.