Tata'a investment in Xiaomi comes against the backdrop of an aggressive push by Xiaomi in India after entering the market, which has huge growth potential with just one in 10 people using smartphones, in July 2014. Xiaomi and other Chinese smartphone makers are drafting in cricket teams and Bollywood stars to conquer India, their largest overseas market and a...» Read More
The news from Cisco was a kind of Goldilocks earnings report...a small upside surprise on the topline to the tune of $30 million: $9.83 billion instead of the consensus of $9.8 billion the Street was looking for. Until the guidance. Ouch.
Just a few hours to go now before Cisco reports and to say there's a nervous tension on Wall Street right now anticipating the news is a deep understatement. It's palpable. I've spent a chunk of the morning calling investors and culling reaction: "nervous" comes up a lot.
If guidance and outlook have been the Achilles' heels of so many great-earnings-reports-gone-bad this earnings season, then the grand-daddy of them all could come at the close Wednesday when Cisco Systems reports its earnings.
Maybe it's because the industry is maturing; maybe it's because the executives themselves are maturing; but make no mistake: Silicon Valley is putting its money where its mouth is when it comes to the presidential campaign...
With all the attention we lavish on Google as it breaks through one stock-price plateau or another, it seems only fair to cover the company's stock as it retreats as well. Retreat might be an understatement.
I read and re-read the blogpost from Google Chief Legal Officer David Drummond yesterday -- distracted from the Super Bowl by the words on the screen because I couldn't believe what I was seeing. The real clash of the titans was unfolding -- not on the gridiron, but online.
Can Micro-Hoo Compete With Google?
Microsoft said Monday its first update to the Windows Vista operating system has been released for manufacturing.
I've gotten ahold of Microsoft CEO Steve Ballmer's internal memo he emailed to the troops this morning about his plans to spend $45 billion in a hostile bid for struggling search stalwart Yahoo. (Thanks for sending. You know who you are!)
Let the campaigning begin: Microsoft hosted a conference call with the Street and media this morning to talk over its $45 billion dollar hostile bid for Yahoo, making its case not just to Microsoft and Yahoo investors, but to Yahoo employees who might feel tempted to make a bee-line for the exits.
Microsoft's take-out play for Yahoo is a stunning move by the world's largest software maker, even though rumors of a deal have been swirling for the better part of a year. The 62 percent premium Microsoft is willing to pay for Yahoo, valuing the deal at a shade under $45 billion, shows just how serious--and just how frustrated--Microsoft has become with Yahoo.
It is a stunning move by the pioneering name in mobile phones and the best data yet about just how deep the company's problems run: Motorola announced late Thursday that it is seeking alternatives for its handset business that likely will mean a sell-off of the division.
Google shareholders are licking their wounds in after-market trading tonight after the company surprised Wall Street by missing expectations on both the top and bottom lines. And when I say "surprised," I really mean "shocked." I've spoken to a two analysts since the numbers came out who can't talk publicly until they release their own research to clients...
Sure we keep hearing about the iPhone and the iPod, oh, and the Mac as well, but while we're fixated on where Apple's products have been, a new study suggests where Apple's spacer products are going, and it can be summed up in one word: Mac.
EchoStar Communications infringed a TiVo patent in building digital video recorders and must pay nearly $74 million in damages, a court that specializes in patent cases ruled Thursday.
Even as Apple Inc. tries to fend off rumors that iPhone sales are slowing, and Nokia generates a flood of positive media because of better than expected sales this past quarter, struggling Palm continues to raise its hand, trying to get noticed amid all the action in the wireless sector.
CNBC Contributor David Pogue on technology: Nobody wants to risk buying a DVD player that can play only half the world’s movies.
Talk about a mixed picture from online retailer Amazon.com. On its surface, Amazon tells a major success story, especially in the face of an economic slowdown and worries of recession. The company meets the Street with 48 cents a share, but blows past revenue
This has been a wild ride for Amazon shareholders these last few months, touching $100 a share at the end of October, sliding into the $70s a few weeks later, tickling $100 a again just a few weeks ago, and now languishing back at $70 a share once again. Yuck.
Yahoo's after-market reaction to the company's earnings news says it all: Yahoo down 8 percent and you gotta wonder just how bad this news is going to get before it gets any better. IF it gets any better. Stunning for a company that says today it enjoys 2 BILLION page views A MONTH in the U.S. alone.