TORONTO— BlackBerry says it is laying off an unspecified number of employees globally as it makes changes to the operations responsible for making its smartphones. The Waterloo, Ontario- based company said in a statement Saturday that the job cuts will affect people who make the hardware, software and applications for its phones, including devices such as the...» Read More
There are rumors all over the web that Apple will announce staggering handset unit sales at Macworld next month. And while I fully anticipate strong numbers, I'm a little skeptical that they'll measure up to some of the wild estimates making the rounds.
Something strange is developing around the Nintendo Wii phenomenon and it's showing capitalism at its finest: I was skeptical about a derivatives market in the Wii actually existing, but now I have confirmation that one does exist.
Black Friday has come and gone, but you might want to call today Black Friday: Part II as we usher in the last weekend before Christmas. I'm inside a Best Buy in the heart of Silicon Valley, where business has been more than brisk these last few weeks...
These are blow-out numbers for RIM's third quarter no matter how you slice and dice them. And you thought Oracle's good news yesterday was something. This is something else entirely. Research in Motion posts 65 cents a share in earnings per share.
ThinkSecret is no more, thanks to a settlement with Apple Inc. over misappropriation of trade secrets that dogged the Apple rumor site for the past two years. Apple took the unusual step of going after the "little web site that could" after it started posting lots of insider knowledge about upcoming Apple products.
You can't say the Federal Trade Commission made a snap decision when it approved Google's multi-billion dollar take-out of DoubleClick. Today's 4-1 vote in favor of the deal caps an eight-month investigation that ultimately found, the FTC says, no threat to the competitive landscape.
These are heady times for RIMM, even though shares have suffered a precipitous decline since their highs in November; a bigger decline than Google, Amazon, Apple and so many others, off about 30 percent from those highs in early November, following a better-than-30 percent gain during the previous three months.
Minireviews of products that, for one reason or another, never saw the light of day in this column. Who knows? Some of them might actually make great last-minute, unexpected Christmas presents.
Oracle said that quarterly profit rose 35 percent as new software sales soared 38 percent, beating Wall Street expectations at a time when investors are nervous that IT spending is slowing.
The three largest Internet companies have agreed to pay a combined $31.5 million to settle federal civil allegations they took ads for illegal gambling, the U.S. Attorney for eastern Missouri said.
Microsoft inked a 5-year online ad deal with Viacom, better positioning the software colossus against rivals Google and Yahoo. Philippe Dauman, chief executive at Viacom, and Kevin Johnson, president of the platforms/services division at Microsoft, discussed the strengths of the partnership in an interview with CNBC.
Oracle's second quarter financials are stunning by just about every measure. Everyone I had spoken to leading up to these numbers knew the news was going to be good, but no one expected the news to be this good.
I hope you had a chance to read my 8 for '08 blog predictions. Here now is what I've done for the TV side of CNBC, in using the ole 'crystal ball. A couple of them you'll find similar, but there are plenty that are different. Enjoy!
Talk about a tale of two companies: The market's punishment on Palm was swift and harsh and it comes just a day ahead of what should be decidedly better news from another smart phone maker, Research in Motion.
I love "teardown" stories. Not the kind that builds a story subject up, then tears it down, but the lab guys who rip apart new devices, study component serial numbers and tell me what's in the guts of the product. Today's version comes courtesy of the wizards at iSuppli, and the center of attention is Apple's iPod Touch.
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."