TECHNOLOGY

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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.

AMD's CEO prepares chipmaker for a fight

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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 IPO Fraud: Woman Caught Selling Fake Shares

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
Bionic Eye to Begin Human Trials in 2013

Contact Lenses: How They Will Bring Virtual Reality to U.S. Soldiers by 2013

It has been the stuff of science fiction for decades, but the U.S. military announced on Tuesday it is close to developing a virtual reality contact lens to enhance soldiers' vision on the battlefield. The Defense Advanced Research Projects Agency, or DARPA, is working with Washington-based company Innovega to develop a system of contact lenses and small wearable glasses giving soldiers a considerable tactical advantage.
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Nokia revamp will hurt most of 2012 results: Chairman

A major revamp at Nokia that includes a deal to use Microsoft Corp software in its smartphones will impact the earnings of the Finnish handset maker throughout most of this year, Chairman Jorma Ollila said on Wednesday.
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Facebook execs gear up political influence arm

Preparing to join the ranks of publicly traded companies, Facebook Inc is also beefing up its presence in the U.S. capital with a first report of money pouring into its newly created political fundraising arm.
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Netflix says Congress can help bring Facebook app to U.S.

Netflix Inc on Tuesday urged a panel of senators to support legislation that it said would allow the company's U.S. users to share information on Facebook about the TV shows and movies they are watching through Netflix's service.

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