TECHNOLOGY

SAP Sets Sights on Fresh Profit Record

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SAP, the world's biggest maker of business software, aims to set a fresh profit record this year as it banks on robust corporate spending on technology.
Hans Vestberg, president and CEO of Ericsson Group, holds a ST-Ericsson 4G LTE chip during his keynote address at the 2012 International CES in Las Vegas

Slowdown Hits Ericsson Profits, Shares Dive

World No.1 mobile equipment maker Ericsson saw its profit halve in the fourth quarter as the global economic slowdown hit demand, and forecast network operators would remain cautious on spending in the months ahead.
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AMD expects lower revenue in weak PC market

Advanced Micro Devices Inc forecast lower quarterly revenue as a shortage of hard drives and a shaky economy hurt PC makers, sending its shares lower in after-hours trading.
Minecraft and Lego Will Unite

Minecraft Will Soon Be a Lego Toy

Lego, the construction toy manufacturer, will soon release block sets based on a Minecraft theme. Ideas for the Minecraft Lego set were pitched to Lego through Cuusoo, a section of the Lego website that allows people to pitch ideas for custom themes. After an idea reaches 10,000 votes, it is sent to a Lego jury where the company decides whether the product will be made.
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New Yahoo CEO says company needs to do better

Yahoo Inc Chief Executive Scott Thompson said reviving the company's flagging display advertising business was his highest priority, even as he crafts a broader plan to bring the struggling Internet company back to fighting form.
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Yahoo revenue slips in Q4

Yahoo Inc's net revenue and profit fell slightly in the fourth quarter, the struggling Internet company's last quarter before new Chief Executive Scott Thompson took the reins.
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Apple's revenue surges, blows away targets

Apple Inc's quarterly results blew past Wall Street's expectations as U.S. consumers snapped up near-record numbers of iPhones and iPads, sending its shares up 8 percent.
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Verizon forecast disappoints, shares down

Verizon Communications may miss analyst expectations for 2012 earnings after posting disappointing fourth quarter results as it was hurt by hefty subsidies for the Apple Inc iPhone.
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Verizon forecast disappoints

Verizon Communications may miss analyst expectations for 2012 earnings after posting disappointing fourth quarter results as it was hurt by hefty subsidies for the Apple Inc iPhone.
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Facebook Timeline Mandatory: Where to Get Best Cover Art

You may have spent recent months ignoring the Facebook Timeline on your friend's profile, but ready or not, you're going to get the timeline in matter of weeks, Facebook has announced the new feature will become mandatory.
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Russian handset sales back to pre-crisis level: MTS

Total sales of mobile handsets in Russia rose an estimated 16 percent last year and returned to volume levels not seen since an economic crisis struck in 2008, the country's top mobile phone operator MTS said on Tuesday.
Asus Transformer Prime 700

ASUS Transformer Prime HD: TF700 Release Date Set for June

Transformer Prime enthusiasts got excited after ASUS unveiled its new TF700T tablet this month, but it appears ASUS customers will have to make do with their Transformer Prime Eee Pad TF201, and its various shortcomings, until the release date in June.
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About one in five workers worldwide telecommute: poll

About one in five workers around the globe, particularly employees in the Middle East, Latin America and Asia, telecommute frequently and nearly 10 percent work from home every day, according to a new Ipsos/Reuters poll.
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RIM's new leader raises doubts among investors

The new leader at Research In Motion on Monday dismissed talk of drastic change at the BlackBerry maker, a declaration seized on by impatient investors who say Thorsten Heins has only 12 to 18 months to turn RIM around.
Customers wait at a Verizon Wireless store in Boca Raton, Florida February 10, 2011. REUTERS/Joe Skipper

Verizon Wireless Margins Hurt by iPhone

Verizon Communications profit missed Wall Street expectations by a penny as its wireless business was hit by the high costs of sales of advanced phones such as the Apple Inc iPhone.
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Playtech in talks with possible U.S. partners

Playtech, the world's biggest provider of online gaming software, is holding talks with a number of potential partners in the United States as it gears up for the possible re-opening of the potentially lucrative market, CEO Mor Weizer said.
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Nokia fined for spam texts in Australia

Australian regulators have fined Nokia, the world's largest cellphone maker by volume, A$55,000 ($58,000) for spamming customers and said the Finnish company should change its text message marketing.
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Elpida in talks to merge with Micron, Nanya: report

Japan's Elpida Memory <6665.T> is in talks to merge with U.S. firm Micron Technology and Taiwan's Nanya Technology <2408.TW>, the Yomiuri newspaper reported on Tuesday, as the memory chip makers battle a weak market and well-funded South Korean rivals.
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Playtech gears up for global expansion

Playtech, the world's biggest provider of online gaming software, said it saw increasing opportunities as gambling laws are relaxed across the world and was confident of meeting full year expectations following a surge in revenues.
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Sony and Panasonic brace for grim earnings season

Sony Corp and rival Panasonic Corp are set to report a slump in quarterly earnings and may cut full-year forecasts after being hit by yen strength, Thai floods and consumer gloom in Europe during the vital pre-Christmas period.

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