WASHINGTON, July 9- IBM announced on Wednesday it will invest $3 billion over the next five years in chip research and development in hopes of finding a game-changing breakthrough that can help revive its slumping hardware unit. IBM announced the plan a week before its widely anticipated second quarter earnings.» Read More
Intel posted fourth-quarter results and a first-quarter outlook behind Wall Street targets, sending its shares down about 15 percent.
WiMAX, loosely described as “WiFi on steroids,” is finally ready for its close up.
This is the text of my live blog from the Steve Jobs speech at Macworld. It was fun to do and I hope you enjoy reading it for the first time, or re-reading it again.
Analysts polled by Thomson Financial expect Intel to report profits of 40 cents a share on sales of $10.84 billion after markets close Thursday.
It's either an incredibly elaborate hoax or Apple Inc.'s CEO Steve Jobs is one unhappy camper this morning: It appears notes for his highly anticipated Macworld keynote address may have been leaked onto the internet last night, posting on the popular online encyclopedia web site Wikipedia.
Consumers should expect new mobility and movie options. Investors may want to look to the Apple orchard.
When it comes to Apple Inc. and Wall Street, I don't get it. These last few weeks have seen a precipitous decline in Apple shares, from a high right near $203 to a low of $171. The fall in Apple shares follows a general downdraft in all kinds of tech, yet many experts both in and outside the company I'm talking to have continued to harp on the "fundamentals" that got Apple to those lofty heights to begin with.
You knew it was coming simply because we all know that stocks, particularly tech stocks, don't move in only one direction despite what we've seen since Jan. 1. It took a stunning IBM pre-announcement to get the ball rolling, and that ball is rolling, fast.
Do I have your attention? Here's my video on why the adult video industry is keeping America great!! Really you say? Take a look.
It's the Friday before Macworld and once again, tongues are wagging about what Steve Jobs will pull out of his jeans pocket; what he might have lurking up his trademarked black sleeve; whether he can offer up something to pump some life back into this sagging stock.
Infosys Technologies, India's No.2 software services exporter, beat forecasts with a 25.2 percent rise in quarterly profit, helped by strong demand from Europe and a tax refund.
Jeff Raikes, president of Microsoft's Business Division, is calling it quits after 26 years at the company, announcing his retirement today. He'll be replaced by Stephen Elop, who most recently served as Juniper Network's chief operating officer.
Semiconductor giant Intel is being investigated by Andrew Cuomo, New York attorney general, his office said Thursday. The AG is probing whether Intel violated state and/or federal antitrust laws in its market-share battle with key rival Advanced Micro Devices.
Let me be perfectly upfront about this: I didn't want to go to the Adult Entertainment Expo at the Sands Convention Center today. I didn't. I was ready to file a few more times from the Consumer Electronics Show today and then fly home, when my assignment suddenly changed last night.
Small businesses exhibiting at CES can get lost in the crowd but hard work and the right strategy can help their products stand out.
Ford Motor has signed up some tech heavyweights to help with "Sync," its in-car satellite communications system, With help from Microsoft, Sirius and others, Ford's car of the very near future is something like a GPS, digital music player, cell phone and voice recognition system on wheels.
Every year at the Consumer Electronics Show, something jumps out at you as truly extraordinary. And the electronic paper from LG Philips LCD, which I was able to show exclusively this morning on CNBC and MSNBC jumps into that category.
U.S. electronics firm Apple will soon announce steps to resolve European Commission charges that its iTunes stores broke EU rules by setting prices country by country in Europe, people familiar with the situation said on Tuesday.
Intel will get in touch with it's "mid" tonight -- as in mobile internet device -- a key initiative that CEO Paul Otellini talked to me about exclusively earlier today.
David Bishop, worldwide president of Sony Pictures Home Entertainment, won't say outright that his company has won the high-definition DVD war over archrival Toshiba, but he sure talks like someone who thinks he has now that Warner Brothers has opted to go exclusively with its Blu-ray gear