COMPANIES

IBTimes Logo

VMware Profit Beats Street View; Shares Rise

Software maker VMware Inc reported profit ahead of Wall Street expectations and released an outlook ahead of some forecasts, raising hopes that technology spending will grow this year, even as some warn that the economic outlook is grim.

Texas Instruments Revenue Beats Street

IBTimes Logo
Texas Instruments Inc on Monday reported higher-than-expected fourth-quarter revenue as demand for its chips improved more quickly than it had forecast.
More news
Laura Garza: Michael Mele confesses to killing

Laura Garza: Suspected Killer Michael Mele Confesses

Michael Mele, a convicted sex offender, admitted to killing Texan dancer Laura Garza after he met her at a Manhattan nightclub three years ago. A judge agreed to sentence him to 23 year on manslaughter charges and 16 months to four years on evidence tampering.
Thorsten Heins has replaced Mike Lazaridis and Jim Balsillie as the president and CEO of RIM, the maker of BlackBerry. He will need to right the ship's course before moving forward.

Thorsten Heins: Who is RIM's New CEO?

A result of flagging sales and optimism, Research in Motion (RIM) decided to replace its two co-CEOs with Thorsten Heins, RIM's former COO of product engineering. But who is the new leader of BlackBerry?

ThyssenKrupp, Outokumpu Discuss Tie-up

Germany's ThyssenKrupp and Finland's Outokumpu are in early talks over a stainless steel tie-up, moving towards the long-awaited consolidation of a sector that has struggled to battle overcapacity and cheap Chinese imports.
A RIM logo is seen at the Research in Motion headquarters in Waterlo

RIM New CEO, Chairman Positive but Still Tough Near-Term: Analyst

Research In Motion Ltd. (NASDAQ: RIMM) said its Co-Chief Executive Officers (CEO) Jim Balsillie and Mike Lazaridis have stepped down. They have been succeeded by Chief Operating Officer Thorsten Heins, as President, CEO and Director of the company, effective immediately.
Research in Motion co-CEO Jim Balsillie and President and co-CEO Mike Lazaridis listen during the annual general meeting of shareholders in Waterloo

RIM's Co-CEOs Resign, Thorsten Heins Takes over

Research In Motion's Mike Lazaridis and Jim Balsillie have bowed to investor pressure and resigned as co-CEOs, handing the top job to an insider with four years at the struggling BlackBerry maker.
IBTimes Logo

Apache Paying $2.85B for Cordillera Energy Partners

U.S. gas producer Apache (APA.N) is to buy privately owned oil and gas company Cordillera Energy Partners III in a cash-and-stock deal valued at $2.85 billion to expand its acreage of oil and petroleum liquid fields.
Google Safer To Buy after Sell-Off

Google Safer To Buy after Sell-Off

Fourth-quarter results of Google, Inc. (NASDAQ:GOOG) missed revenue and earnings expectations as the search-engine giant experienced a drop in search advertising rates.
West of Memphis

Damien Echols of 'West Memphis 3' Accuses Victim's Stepfather of Triple Murder

The makers and the legal team behind the documentary West of Memphis, produced by one of the West Memphis Three, have alleged that Terry Hobbs, stepfather of one of the victims Stevie Branch, is responsible for the deaths of the three eight-year-old boys, a crime which sent three teenagers known as the West Memphis Three to prison for 20 years.
Google Black out in protest against SOPA

Technology Focus: The SOPA Soap Opera

After global protests on Wednesday which saw darkened Websites like Wikipedia and BoingBoing and a “virtual” strike by Google, on Friday SOPA, a creature of the U.S. House of Representatives, and PIPA, in the Senate, were essentially smothered.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.