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Technology News

IBM sells chip unit for $1.5B, abandons 2015 earnings goal

International Business Machines Corp. said it will no longer reach its earnings forecast for 2015, ditching a five-year profit goal as the company struggles to transform quickly enough to...

Posted on 10-20-2014 at 6:21 AM

BlackBerry CEO says Passport demand exceeding expectations

BlackBerry CEO, John Chen, believes inventory issues with their new Passport phone are a good sign for the company.

Posted on 10-17-2014 at 11:55 AM

Google ad business slows, profit misses estimates

Google Inc. missed profit and revenue estimates for the third quarter as the search provider stepped up spending to reignite slowing advertising sales.

Posted on 10-17-2014 at 12:48 AM

The next act for Netflix: Is the future of streaming rotten or fresh?

Market reaction to Netflix Inc.’s latest quarterly numbers has been swift and brutal, like an angry amateur blogger tearing apart a much anticipated, but poorly executed, Hollywood premier....

Posted on 10-16-2014 at 8:46 PM

Apple Pay to hit U.S. retailers on Monday, more banks signed on

Apple Inc's  new electronic payments service will launch on Monday, after the iPhone maker signed up another 500 banks to support a feature that competes with eBay Inc's PayPal and...

Posted on 10-16-2014 at 1:57 PM

Netflix skids as quarterly subscriber growth misses forecast

Is Netflix Inc. killing it's subscription growth with jacked-up prices? The truth is in the share price.

Posted on 10-15-2014 at 4:45 PM

Apple steals its own iPad thunder with web photo ahead of event

The masters of suspense in Cupertino took the surprise out of their big iPad introduction tomorrow.

Posted on 10-15-2014 at 4:17 PM
Icahn urges Apple to repurchase more shares

Icahn urges Apple to repurchase more shares

Billionaire activist investor Carl Icahn urged Apple Inc's board to start a tender offer to repurchase shares using a part of its $133 billion cash pile.

Posted on 10-09-2014 at 9:07 AM

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