MUMBAI/ BANGALORE, May 21- IT outsourcing company iGate Corp sacked Chief Executive Phaneesh Murthy after a company sexual harassment investigation revealed that he had not disclosed a relationship with a subordinate.» Read More
It may seem like the country that used to make everything is on the brink of making nothing.
Among computer geeks of a certain age Microsoft has long been synonymous with the word evil. I think that's giving the brass at Microsoft a little too much credit. To me, they're just clueless. Steve Ballmer should just go ahead and fire everyone over the age of, say, 35, and let people who really understand how computers are used run the show.
Cisco Systems, the dominant provider of the digital pipes that run the Internet, is making a big play in digital entertainment, the New York Times reports.
Dell reported earnings that declined 5 percent but easily exceeded expectations, sending its shares higher in late trading.
As Cliff Mason noted earlier today, Cramer likes to talk about "pin action" a lot -- the effect that one company's good fortune usually has on other, related companies (parts manufacturers, for example). The key word, however, is "usually." In the disastrous market we have these days, you can't even depend on this pin action any more.
Computer maker Dell shares fell 13 percent Friday, as both earnings and margins fell short of Wall Street estimates.
Dell reported a profit that fell well short of consensus expectations, punishing the company's shares in late trading.
Computer maker Dell is scheduled to report its fiscal second-quarter results after the market closes Thursday. The following is a summary of key developments and analyst opinion about the period.
Network Appliance reported quarterly earnings that hit analysts' estimates, but the company's shares fell in late trading as the company gave guidance on the soft side.
Dell introduces their new line of laptops, designed to have the greatest security, the longest battery life and the most robust design, while Warnaco's Speedo is the most desired swimwear for Olympic swimmers. Following are today's top videos:
Comcast, the largest U.S. cable service provider, posted a higher quarterly profit as it gained market share in phone and Internet services and controlled expenses, sending shares up 6 percent.
The table touch screens have been customized by Microsoft to let you order drinks, watch videos, play games. But here’s the interesting part. Cameras have been installed at the tables along with special software called “Flirt” that lets you flirt with people at other tables.
ZPower has spent the last 10 years working on silver-zinc rechargeable battery technology and will unveil its first product through a major technology partner in August. CEO Dr. Ross Dueber talks to CNBC.com about the technological, financial and environmental issues for his company, the industry and consumers.
Investing in Google shares is... different. It's one of the few companies where 30% revenue growth would be disappointing and 450 bucks a share is seen by many as cheap. How do you read earnings of a company like this? I'm glad you asked.
IBM shares are up 17% since its January earnings report. Can IBM keep it up? Read on for some of the key issues you'll need to watch when trying to answer that question.
Private equity firm Nordic Capital offered 1.11 billion euros ($1.75 billion) for top Nordic IT services TietoEnator on Thursday, but the company said the bid was too low.
Shares of IT services company Capgemini rose 8.2 percent Thursday after it announced it was raising its dividend by 43 percent.
News doesn't get worse than this for a company like Yahoo. On a day that's arguably one of the most important for online shoppers during the holiday shopping season, the so-called "Cyber Monday," Yahoo's shopping and transaction algorithm appears to be down.
Hewlett-Packard's better-than-expected quarterly results may raise the bar for competitor Dell, which is more vulnerable to U.S. economic woes and reports earnings next week.
What more can be said about the Fed's rate cut? Did Greenspan get us into this mess? Is Bernanke caving in getting us out? Are both trying to be popular? Here's my question: is Greenspan suddenly like Britney (we thought he was so hot but now...), while Bernanke is K-Fed (a strange background ornament who suddenly looks responsible)?