Jan 30- Xerox Corp, best known for its printers and copiers, reported a slightly better-than-expected quarterly profit as expenses declined 4 percent. Restructuring and better productivity led to higher margins, Xerox said on Friday. Xerox said last month it was selling its information technology outsourcing arm to French IT services firm Atos SE for $1.05...» Read More
Palm released its second-quarter earnings and the news looks to be as dire as investors had feared. ... The disappointing news is somewhat surprising since it was just a couple of weeks ago that Palm revised its own guidance lower. It would appear these numbers today miss even Palm's own internal guidance.
Oracle Corp. will release its second quarter earnings on Wednesday and there's a healthy amount of optimism swirling around these shares. But the stock really hasn't reacted much leading some analysts to wonder whether the company is poised for some kind of break-out, even though CEO Larry Ellison's massive selling streak, started in September, continues.
Look at Palm's stock and it's almost as if investors are ready to wash their hands of the downtrodden handset maker. Talk about a fall from grace: this is the company that virtually invented the smart wireless device, and today, courtesy of siliconalleyinsider, a shocking realization that the company's stock is worth less than its balance sheet.
If you haven't Elfed yourself, or haven't gotten an email from a friend or relative who has Elfed themselves, you probably haven't logged on to your email recently. For the un-initiated, "Elf Yourself" is an online service from the office supply super-store OfficeMax, and the service is off to the races once again, following its successful roll-out last year.
Talk to Marissa Mayer, Google's 20th employee and the company's first female engineer and she'll tell you "Zeitgeist," by definition, is "the spirit of the times. And it really tries to capture the moral, ethical and the popular cultures of the day."
We last saw Tim Koogle, in a very public way, on his way out the door as Yahoo's CEO, just as the company was suffering some internal strife and a kind of internal innovation slowdown. The company was mulling layoffs, had issued a Wall Street warning and Koogle tells me he had reached the decision, on his own, to leave the company he had helped build from scratch.
With Apple Inc. touching a new, all-time high today on its way to $200 a share, and Hewlett-Packard raising estimates for 2008, there's word that troubles in Hollywood could mean big-time opportunity in Silicon Valley.
I was talking to one of our assistant managing editors today and asked him a question: how much is Oprah worth? His response? "I don't keep that data top of mind; I'll have to Google it." A few clicks of the keys and there it was. It's almost as if we've off-loaded a bunch of material we used to keep in our heads, and now we store it on the web, using Google as a way to keep all that data handy.
As part of CNBC's Outlook '08 coverage, here are my eight predictions in technology for 2008. At the end of next year, we'll look back on how well I did: just don't hold my feet to the fire too closely!! Before going forward, here's a quick look back. Tech set the tone for 2007 and became a safe-haven of sorts for so many investors fleeing the financial meltdown on Wall Street and Main Street.
Top U.S. phone company AT&T said on Monday it was buying core routers from Cisco Systems to upgrade its Internet backbone network, a major win for Cisco amid competition from rival network equipment maker Juniper Networks.
Mobile phone giant Vodafone has announced plans to cut costs and expand coverage in India, where it expects growth to continue for a "substantial period of time" yet.
The possibility of U.S. Postal Service surcharges on DVD mailers caused one analyst to reiterate his "sell" rating on online video rental company Netflix, which ships over 1.6 million DVDs per day.
Head on over to West 14th and 9th Ave. in New York's meat-packing district, and you'll see something big and bright from the fruits and veggies set: A 3-story retail bonanza courtesy of Apple Inc. It's the company's second largest store in the nation, behind its flagship store here in nearby San Francisco.
IBM says it has made a breakthrough in converting electrical signals into light pulses that brings closer the day when supercomputing, which now requires huge machines, will be done on a single chip.
Mobile phone maker Motorola backed its forecast for fourth-quarter earnings and revenue growth Thursday, sending its shares up as much as 3.5 percent.
A very good source of mine with good connections to Apple's Asian manufacturing partners called me this morning with some news: Seems like Apple will be making headlines in the next few weeks and months with some of its hottest products: the iPod Touch, the iPhone and a new ultra-portable laptop.
Google is releasing a new application for Apple's iPhone that combines the Web leader's services such as e-mail, search and calendar into a single interface.
For any investor who thinks the Internet bubble is about to burst again, this video is for you.
Dell is reviving plans to buy back shares in the company and will begin to repurchase $10 billion in common stock this week, chairman and Chief Executive Officer Michael Dell said.
I went back and forth on writing this blog, trying at once to walk that line between demolishing a cover story, and giving it more attention than it deserves. But alas, those are the struggles of today's reporting. My angst comes from an appearance I did earlier today with Adam Penenberg, a contributing writer with the magazine "Fast Company..."