TECHNOLOGY

Nasdaq at 11-year high after jobs report

IBTimes Logo
A surge in hiring in the world's largest economy last month drove stocks higher on Friday, with the Nasdaq hitting an 11-year high as optimism grew that the labor market is on a steady path to recovery.
More news
IBTimes Logo

AMD CEO battle plan lacks details: analysts

Advanced Micro Devices' new chief executive was praised by Wall Street analysts for his aggressive plan to fight bigger rivals and tap new opportunities, but lack of details left them cautious.
IBTimes Logo

BT posts solid earnings and raises guidance

Lower regulatory charges, cost cuts and strong demand for a wide range of services enabled Britain's BT to post solid third-quarter core earnings on Friday and lift aspects of its forecasts.
The company's logo is seen on the Apple store in Washington

Apple TV to Go Beyond Remote Control; Will it Arrive in 2012?

First it was Smart TV, then 3D TV and now it's time for Apple iTV to complement living rooms. There's already widespread speculation about the company planning a cloud-based TV service, and the rumor received new legs when Walter Isaacson's posthumous Steve Jobs autobiography was released. In the book, Jobs discussed that television was the next domain Apple would conquer.
IBTimes Logo

Exclusive: Hacked companies still not telling investors

At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such disclosures.
IBTimes Logo

AMD's CEO prepares chipmaker for a fight

Advanced Micro Devices' new chief executive delivered an enthusiastic pitch in his debut before Wall Street analysts, saying he was getting the struggling PC chipmaker fit to fight in a quick-changing computer industry.
 Facebook logo

Facebook IPO Fraud: Woman Caught Selling Fake Shares

Only a day old, it didn't take long for imposters to attempt to scam shares of the social network's stock. According to The Northwestern, a woman from Oshkosh, Wis., was caught selling fake Facebook shares the same day the company officially filed its IPO.
IBTimes Logo

Zynga shares soar on Facebook connection

Zynga shares jumped as much as 22 percent on Thursday in the first trading session after Facebook revealed it made 12 percent of its revenue last year from the video game publisher.
IBTimes Logo

Analysis: Facebook's daunting Asian challenge

Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.
IBTimes Logo

Intel CFO faces fewer worried investors

Intel Chief Financial Officer Stacy Smith likes the questions he is receiving from Wall Street these days a lot more than the concerns many investors voiced last year about the PC chip giant's ability to adapt to consumers' growing preference for smartphones and tablets.
IBTimes Logo

India court orders licenses cancelled in telecom scandal

India's Supreme Court ordered on Thursday telecoms licenses issued under a scandal-tainted 2008 sale be revoked, striking a decisive blow against corruption that plagues the country and roiling the world's second biggest cellular market.
IBTimes Logo

Sony sees $2.9 billion loss, new CEO warns of pain

Ailing Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected $2.9 billion annual loss, presenting a daunting task for incoming CEO Kazuo Hirai, who vowed to move quickly to turn things around.
IBTimes Logo

New Sony CEO to confront scale of turnaround task as

The incoming chief of Japan's Sony Corp will confront the enormity of his task to turn around the business on Thursday, when the humbled electronics icon is expected to show it is headed for its fourth straight annual loss.
IBTimes Logo

Elpida seen posting $1.6 billion annual loss: NHK

Japanese chipmaker Elpida Memory Inc is likely to post a net loss of 120 billion yen ($1.6 billion) for the year ending in March, public broadcaster NHK reported on Thursday, as it struggles with a tough market and imminent debt repayments.
IBTimes Logo

Facebook, and Zuckerberg, embark on mega-IPO

Facebook unveiled what is expected to be Silicon Valley's largest ever initial public offering, but made it clear to outside investors that they will have little voice in its running, as founder and CEO Mark Zuckerberg will continue to exercise almost complete control.
IBTimes Logo

Qualcomm handily beats Street, shares rise

Qualcomm Inc's quarterly profit easily beat Wall Street forecasts and the wireless chip leader raised its full-year financial targets due to growing demand for smartphones such as Apple Inc's popular iPhone.
IBTimes Logo

EA Sells 2 Million Units of 'Star Wars'; Shares Up

Electronic Arts' told investors on Wednesday that its highly anticipated Star Wars game was off to a strong start and dismissed reports that players were leaving the new Internet game in droves, and its shares rose 6 percent after the market closed.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.