Cisco beats analyst's estimates after cutting expenses

Cisco Systems, the largest maker of networking equipment, reported profit that beat analysts’ estimates after the company cut back on hiring, closed offices and cut down on travel costs. See full article.

Microsoft cuts another 800 jobs totaling 5,800 for the year

Microsoft announced 800 layoffs Wednesday, enforcing the cost-reduction program the company had announced at the beginning of the year. See full article.

Microsoft gives first face-lift in 10 years

Microsoft is offering a sneak peak at its new redesigned version of its home page that incorporates social media giants: Facebook and Twitter. See full article.

Apple unveils iTunes Music Movies with exclusive content

Apple began promoting its music movies on iTunes Store on Tuesday, as the company plans to expand its offering on the popular online store. See full article.

Microsoft to set up cloud research center in Taiwan

Microsoft Corp. and Taiwan's economics ministry said they plan to set up a research center on the island by next year, in the software company's first Asian foray into the budding cloud computing industry. See full article.