BANGALORE/ MUMBAI, July 24- Wipro Ltd, India's third-biggest IT services exporter, posted a 29.6 percent rise in fiscal first-quarter profit and forecast a surge in revenue on the back of stronger spending on outsourcing by overseas clients.» Read More
Intel said on Tuesday it would be able to mass-produce computer processors with features one-third smaller than the current cutting edge within two years.
Adobe Systems, the world's largest marker of design software, reported quarterly results and current-quarter targets ahead of Wall Street expectations on strong sales of its updated suite of design products, sending shares up 4%.
Online social networking phenomenon Facebook said on Monday its backers have created an unusual $10 million fund to dole out grants to start-ups with ideas for innovative Facebook applications.
Shares in Business Objects rose sharply on Monday following a weekend newspaper report that the Franco-American software group was for sale and had retained Goldman Sachs as advisers.
Yahoo is testing an experimental social network service called Mash that makes it easy for Yahoo users to share tidbits of their lives with friends and family online, the company said on Sunday.
AOL, a unit of Time Warner, said Monday that it had expanded its deal with Hewlett-Packard Co beyond the United States and was realigning its advertising business.
When Europe's second-highest court rules Monday on Microsoft's appeal of its landmark antitrust conviction, more will be at stake for regulators than just the behavior of the world's largest software company.
Billionaire investor Carl Icahn said on Friday that a sale of BEA Systems to a strategic acquirer would maximize the value of its shares and that he might seek to nominate directors to the software maker's board.
Internet search company Yahoo has purchased news aggregation site BuzzTracker in a sale that closed earlier in the week, BuzzTracker Chief Executive Alan Warms said Friday.
Just a brief blog post this Friday to bring a smile to your face as we head into the weekend. We get myopic here at CNBC sometimes, covering the vagaries of Wall Street, interest rates, big momentum trends like mobile computing, all things Apple, social networking. Forgetting the fun.
Online brokerage TD Ameritrade Holding said Friday one of its databases was hacked and contact information for its more than 6.3 million customers was stolen.
Dell said on Thursday it is delaying its fiscal 2008 second-quarter report until it has completed a financial restatement process.
Shares of Texas Instruments slipped Wednesday after the chip maker did not raise its sales forecast as some investors expected.
UBS raised its price target on Apple to $182 from $175 and said many more new products could be introduced between now and March 2008.
Shares of virtualization software maker VMware Inc. continued to climb Wednesday after an analyst raised the stock's 12-month target price to $90 from $60.
Electronic Data Systems, the second-largest U.S. technology services provider, said Wednesday it offered early retirement packages to about 12,000 U.S. employees, and expected a charge of $70 million to $130 million in the fourth quarter.
Texas Instruments narrowed its earnings and revenue guidance for the third quarter on Tuesday afternoon, sending shares lower in after-hours trading.
Western Digital, the world's second largest computer disk-drive maker, boosted its fiscal first-quarter earnings and revenue forecast on Monday due to improved demand, pricing and product mix. Shares rose sharply following the increased guidance.
"High School Musical's" blockbuster success shows just how dialed in Disney is to its audience. And now the Magic Kingdom hopes to plug in that magic into a new line of consumer electronics...
A major overhaul at Yahoo appears unlikely as a result of a strategic review being undertaken by the company, the Wall Street Journal reported in its online edition, citing people familiar with the matter.