Safra Catz and Mark Hurd, currently Oracle's presidents, will become the CEOs of the company.» Read More
Cisco CEO John Chambers told CNBC Thursday that even he was surprised by the networking giant's dismal revenue outlook, which sparked a selloff in Cisco's stock and the rest of the market.
the New York Times reports.
Start-ups and big companies alike have tried to take on Google by building a better search engine. That they have failed has not stopped brave new entrants. The NYT reports.
Intel, for the first time, has agreed to manufacture another company’s chips at its most advanced factories. The move thrusts Intel, the largest and wealthiest chip maker, into the contract manufacturing business dominated by Taiwanese and Chinese companies. The NYT reports.
Silicon Valley’s venture capital industry is coming to rely on Asia for the initial public offerings that have historically brought its biggest paydays, to judge by deals from Sequoia Capital, one of the Valley’s most prominent financiers. The FT reports.
Spam around the world dropped by an estimated one-fifth after Russia’s pursuit of a suspected spam kingpin, reports The New York Times.
Apple’s PC-versus-Mac battle almost put it out of business. Is it creating a similar one in the smartphone field?
Google likes to have its finger on the pulse of the Web, and that’s becoming harder to do as users increasingly use closed networks like Facebook, reports The New York Times.
As countries expand efforts to gain Western technology, U.S. firms risk having employees expose secrets, reports the New York Times.
At bottom, “The Social Network” is a movie about obsession. That is a large part of the reason I’m so smitten with it: that same obsession that caused Bill Gates to drop out of Harvard to start Microsoft and that drove Steve Jobs to build the first home computer in a garage — that’s the story of Mark Zuckerberg and Facebook too, at least in Mr. Sorkin’s telling. And that obsessional quality is what Mr. Sorkin has captured better than anyone before.
Over the years, Intel has used aggressive and catchy marketing programs to help elevate its position in the computing marketplace. This cachet has served Intel well, allowing it to command top dollar for its products, which power the vast majority of PCs. The Intel juggernaut was apparent on Tuesday as the company reported earnings better than expected on a sharp revenue increase.
Anyone driving the twists of Highway 1 between San Francisco and Los Angeles recently may have glimpsed a Toyota Prius with a curious funnel-like cylinder on the roof. Harder to notice was that the person at the wheel was not actually driving.
Facing intense competition from phone makers wedded to Google’s Android software, Steven P. Jobs, Apple’s chief executive, finally plans to make the iPhone available on Verizon Wireless, the largest wireless carrier in the United States.
Steven Ballmer, Microsoft’s chief executive, recently showed up with a small entourage of deputies at Adobe’s corporate offices in San Francisco to hold a secret meeting with Adobe’s chief executive, Shantanu Narayen, the NYT reports.
NBC Universal and Microsoft, the parents of msnbc.com, are holding high-level talks about changing its name, an unusual and potentially risky endeavor for the third most popular news Web site in the United States.
Toshiba, the Japanese electronics maker, said Monday that it would be the first on the market with a TV that displays images in 3-D without requiring viewers to don dedicated glasses.
Google announced on Monday that several television networks, Internet and media companies, including HBO, CNBC and Twitter, will be its partner in offering Web content and programming via televisions, to allow on-demand viewing and apps built for the big screen. But the major networks—ABC, CBS, Fox, and NBC—were absent from Google’s content partnerships.
Many older people will watch the movie, which was No. 1 at the box office last weekend, and see a cautionary tale about a callous young man who betrays friends, partners and principles as he hacks his way to lucre and fame. But many in the generation who grew up in a world that Zuckerberg helped invent will applaud someone who saw his chance and seized it with both hands, mostly by placing them on the keyboard and coding something that no one else had.
Deep inside the computer worm that some specialists suspect is aimed at slowing Iran’s race for a nuclear weapon lies what could be a fleeting reference to the Book of Esther, the Old Testament tale in which the Jews pre-empt a Persian plot to destroy them.
Facebook shares have recently traded on the secondary market for around $76, giving the company an implied value of $33 billion.
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Matt Hunter is the senior technology editor at CNBC.com.
Ari Levy is CNBC.com's senior technology reporter in San Francisco.
Cadie Thompson is a tech reporter for the Enterprise Team for CNBC.com.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.
Mark Berniker is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.
Apple's mobile payments service and the cryptocurrency are "not super comparable," says investor Cameron Winklevoss.
Rather than jump at the Alibaba IPO, RiverPark/Wedgewood fund's David Rolfe might "wait years to get it at our price."
Though Alibaba is seeking a valuation of as much as $162.7 billion, one stock market pro thinks it could fetch up to $240 billion.