What Yahoo gets out of the Tumblr buy, with CNBC's Jon Fortt; and Alyson Shontell, Business Insider and Larry Fishelson, Dynalink Communications, discuss how the market is reacting to the deal.» Read More
What Yahoo gets out of the Tumblr buy, with CNBC's Jon Fortt; and Alyson Shontell, Business Insider and Larry Fishelson, Dynalink Communications, discuss how the market is reacting to the deal.
Dell Inc. tells suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself.
Hackers working for China's army appear to have resumed their attacks on U.S. companies. The NYT reports.
ZenoRadio takes advantage of a loophole in the Telecommunications Act of 1996 to provide a radio service to mostly immigrant customers.
The website of British newspaper the Financial Times was hacked on Friday, apparently by the "Syrian Electronic Army", a group of hackers.
DELL'S DOLDRUMS: Slumping personal computer maker Dell Inc. is still having trouble adapting to a market increasingly dominated by smartphones and tablets. POINT: The dismal performance could help Dell's board persuade more shareholders to accept a $24.4 billion buyout offer from CEO Michael Dell and other investors.
SAN JOSE, Calif.-- Brocade Communications Systems Inc., a maker of computer networking technology, said Thursday that fiscal second-quarter sales fell because of a slowdown in the storage market. Net income rose 20 percent, to $47 million, or 10 cents per share, in the February-April quarter, from $39.3 million, or 8 cents per share the year before.
SAN FRANCISCO, May 16- Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales continued to shrink.
*Cisco shares rise 9 pct in early trading. Aug 16- Shares of Cisco Systems Inc jumped 9 percent on Thursday as a dividend hike and share buyback plan overshadowed comments that business conditions in Europe would not improve anytime soon for the network equipment maker.
*Wal-Mart falls after earnings miss. Cisco Systems led gains in both the Dow and Nasdaq Composite with a 12 percent surge after the network equipment maker posted a higher-than-expected quarterly profit and said current-quarter revenue could increase. Cisco shares shot up 12.3 percent to $23.82 after hitting $24.24, the highest since November 2010.
Google's YouTube could be a $20 billion business within seven years, according to a research note from Morgan Stanley.
NEW YORK-- Cisco shares soared before Thursday's opening bell after the networking equipment company posted better-than-expected results for its most recent quarter. In premarket trading, Cisco shares jumped $2.20, or 10.4 percent, to $23.41. Citi analyst Kevin Dennean backed his "Buy" rating for Cisco shares and boosted his price target by $2 to $26.
Samsung has become the "undisputed king" of the Android smartphone industry, creating more profit from the software than Google, according to new research.
NEW YORK, May 15- Network equipment maker Cisco Systems Inc posted a higher than expected quarterly profit and said current quarter revenue could increase, giving some relief to investors who had worried it was being hurt by weak technology spending.
Somebody is paying a lot of money for a coffee date with Apple's CEO Tim Cook.
Apple's stock took a dive on Tuesday as the rest of the market soared.
DaisyBill makes it easy for medical workers to get their workers' comp bills paid quickly and on time.
Japanese display maker Sharp will aim to boost sales to the iPhone maker's rival Samsung Electronics under a three-year rehabilitation roadmap.
BlackBerry, renamed from Research In Motion, had been the market leader but over the past few years has bled market share to Apple Inc's iPhone and Samsung Electronics Co's popular line of Galaxy devices powered by Google's Android operating system.
ORLANDO, Fla., May 14- BlackBerry unveiled a new mid-tier smartphone device with a physical keyboard on Tuesday, the feature that still sets it apart from most rivals, and said its make-or-break new devices had put the company back on "solid ground."