IBM profit forecast, fourth-quarter revenue below estimates
A worker is pictured behind a logo at the IBM stand on the CeBIT computer fair in Hanover February 26, 2011.
Tag: NET
AMD first-quarter revenue forecast disappoints
(Reuters) – U.S. chipmaker Advanced Micro Devices Inc (AMD.O ) forecast weaker-than-expected first-quarter revenue and said it taking steps to return its computing and graphics businesses to a “healthy trajectory” from the second quarter.
Samsung’s Tizen smartphone makes poor first impression in India
Hyun Chil Hong (R), president and chief executive of Samsung India Electronics, and Bollywood actress Huma Qureshi hold the Samsung’s new Z1 smartphones at its launch in New Delhi January 14, 2015.
Alibaba, Tencent spend billions in race to be China’s one-stop online shop
BEIJING/SHANGHAI (Reuters) – Alibaba and Tencent spent more than $8 billion last year alone backing often strikingly similar ventures, as the Chinese Internet giants race to create online one-stop-shops to win the digital loyalty of a tenth of the world’s population.
Facebook clamps down on fake news stories
People are silhouetted as they pose with mobile devices in front of a screen projected with a Facebook logo, in this picture illustration taken in Zenica October 29, 2014.
LightSquared creditors to vote on latest bankruptcy exit plan
NEW YORK (Reuters) – A U.S. bankruptcy judge on Tuesday gave wireless venture LightSquared the go-ahead to let creditors vote on its latest plan to exit bankruptcy, while also urging the company and creditors to seek a less contentious compromise.