Big Blue Issuing Thousands of Pink Slips Amid Restructuring
Computer giant IBM reportedly has begun the process of laying off employees in the U.S. as part of a worldwide restructuring plan estimated to cost about $1 billion.
Computer
Microsoft Unveils Update to Unpopular Windows 8 OS
Software-giant Microsoft has unveiled the updated version of its touch-enabled Windows 8 operating system at the world's second largest computer show in Taipei.
Dell Shareholders Back Michael Dell's Takeover Offer
The board at Dell said that a takeover bid led the company's founder and CEO is in the best interest of shareholders at the slumping PC maker.
Microsoft Offers a Peek into Windows 8 Updates
Microsoft is trying to fix what it got wrong with its radical makeover of Windows.
Michael Dell's Takeover Plan Challenged Yet Again
Dell's largest independent shareholder has teamed with activist investor Carl Icahn in another challenge to founder Michael Dell's $24.4 billion bid to take company private.
Intel's First-Quarter Net Income Tumbles as PC-Makers Struggle
Intel forecast June-quarter revenue in line with expectations as the personal computer industry grapples with falling sales and a shift toward tablets and smartphones.
As Facebook Ages, is the Social Network Getting Boring?
Facebook's luster may be wearing off, as many users -- especially younger ones -- ask themselves whether the social network has become boring and too much like a chore.
Michael Dell Faces Competition in Taking Company Private
Dell's board has determined that the bids from buyout specialist Blackstone and Icahn could be superior to a proposal from CEO Michael Dell and Silver Lake Partners.
How Americans Earn Extra Money on the Side
With unemployment high, wages stagnant and costs rising, a growing number of Americans are working a part time job -- or more than one -- to make ends meet. 24/7 Wall St. dug through the data to see which industries are the best bets for those seeking part-time work -- and some may surprise you.
What Does the Future Hold for Apple's Stock?
Since hitting an all-time high several weeks ago, Apple's stock has gone through a turbulent patch. Investors meanwhile, are considering several issues that could dramatically impact the tech giant's future direction.
Samsung Goes Thin in Its Laptop War With Apple
Samsung is out to boost its laptop sales by 80% this year, and key to that effort will be its supersvelte 9 Series notebook. Aimed directly at Apple's MacBook Air, the new machine is a move to refocus on high-end gear -- with a high-end price to match.
Why You Should Have Intel Inside Your Portfolio
No wonder President Obama is visiting an Intel plant as he stumps for U.S. innovation and high-tech jobs. After all, Intel is a clear industry leader. Indeed, some analysts argue that for investors seeking entry in the global growth of technology, Intel is the one-stop answer.
Tech Sector Job Cuts Fell to Lowest Level Since 2000
Tech layoffs came to just under 47,000 last year, according to employment-services firm Challenger, Gray & Christmas. Better still, during the next 10 years, the sector is forecast to have one of the fastest paces of job creation of any industry.
IBM Earnings Get an Upgrade from Outsourcing
IBM beat Wall Street expectations with its fourth-quarter earnings released Thursday, growing profit 9% and sales 7%. The company has gained from increased corporate spending on computer upgrades and on outsourcing.
Gartner: IT Spending will Grow 5.1% in 2011
The outlook for IT spending this year is looking up. Research firm Gartner said Thursday it expects revenue to grow 5.1% from 2010, an increase from a previous forecast of 3.5% growth.
Holiday Consumer-Electronics Sales Fell 5%
U.S. consumers spent 5% less on consumer electronics during the last holiday season compared to a year earlier, according to a new report from NPD Group. Even at discounted prices, Americans bought fewer flat-screen televisions and desktop computers, as well as lower-end digital cameras and MP3 players, according to the report.
Hewlett-Packard Beats Out Lockheed for $2.5 Billion NASA Contract
Hewlett-Packard has won a contract worth up to $2.5 billion to supply computer equipment -- including hardware and software -- and information-technology services to NASA. HP's gain is Lockheed Martin's loss: Lockheed had been NASA's IT supplier until now.
LCD Panel Prices Rise on Holiday Demand
Pricing for television and computer screen panels in November rose for the first time in eight months as retailers geared up for what they hope will be improved sales of consumer electronics products for the 2010 holiday season.
Corporate and Government Customers Double Dell's 3Q Earnings
Dell's third-quarter profit more than doubled from a year earlier as demand for its computers from larger companies and governments offset the effect of tepid consumer growth.
IBM to Donate Technology to Make Cities More Efficient
IBM says it will donate a total of $50 million in free technology and services to 100 U.S. cities that can best use it to boost their efficiency in healthcare, education, transportation and other areas.
SAP Misses Third-Quarter Earnings Expectations as Margins Fall
Shares of SAP fell Wedneday after the German software company's third-quarter profit grew less than analysts had expected. Sales beat Wall Street expectations, growing 20% year over year, but net income rose only 12% on lower margins.
Apple Will Preview New Version of Operating System Next Week
Apple Inc. will preview a new version of its Mac OS X operating system at its headquarters in Cupertino, Calif., next week, Barron's reported, citing an invitation from the company.
Apple iPad: The Most Successful Consumer Electronics Launch Ever
Apple's iPad launch earlier this year was the most successful tech-gadget debut ever, blowing away previous success stories like the iPhone and the DVD player, according to Bernstein Research analyst Colin McGranahan.
Taking on the iPad: Microsoft Tablets Coming Soon
Microsoft says the first tablets equipped with Windows 7 will hit stores this year. The so-called "slate" computing devices, launched in partnership with hardware companies such as Hewlett-Packard, will go on sale during this year's holiday season. Can they take market share away from Apple's iPad?
Semiconductor Sales Growth Slower Than Expected
Global semiconductor revenue growth this year will be slower than previously expected, as weaker-than-expected demand for personal computers and other consumer-electronic devices will cause inventory to pile up, iSuppli said in a statement today.
The Growing Mismatch Between Jobs and Skills
In the U.S., 52% of companies report problems attracting critical-skill employees. And some of the hottest jobs over the next 10 to 15 years require tech skills that most people aren't learning. Here's what some workers and companies are doing about it.
AMD Lowers Forecast: Chipmakers Suffer from Weak Computer Market
Advanced Micro Devices has lowered its third-quarter sales guidance, citing weaker-than-expected demand for laptops in North America and Europe. The news comes after another chip maker, Intel, cut its third-quarter forecast last month.
Intel and HP Downgraded on Weak Demand
Shares of computer makers Intel Corp. and Hewlett-Packard Co. were downgraded by UBS amid concerns that weak demand will force the companies to dramatically cut prices.