Feb 5- LinkedIn Corp's shares closed down 43.6 percent on Friday, wiping out nearly $11 billion of market value, after the social network for professionals shocked Wall Street with a revenue forecast that fell far short of expectations. The rout in the stock cost LinkedIn chairman Reid Hoffman about $1.2 billion based on his 11.1 percent stake in the company he...» Read More
This is a Live Blog of what some are calling the most anticipated earnings and conference call in Apple's history. Tim Cook - the acting CEO now that Steve Jobs has taken a medical leave will be front and center.
When it comes to Apple and Steve Jobs' health disclosures, indeed any perceived cover-up, it all comes down to what was known, and when. Easy questions to ask, but harder questions to answer.
IBM pleasantly surprised everyone and is up 4 percent after the bell on strong earnings, guidance.
No question these are tumultuous times for Apple Inc. , and while it's easy to be distracted by the management, or mis-management at its highest echelons —depending upon who and what you believe — let's not forget that there is a company operating beneath those headlines, and that it will report its first quarter earnings Wednesday.
Autodesk, the software company that has lost its leader to Yahoo, is cutting 750 jobs, or about 10 percent of its work force to cut expenses and expects to report a loss rather than a profit for the fourth quarter.
When Intel pre-released its worse-than-expected earnings last Wednesday there had to be a collective sigh of relief for so many tech companies looking at the same kind of thing on their books, and who didn't want to be the first to deal with the wrath of the market.
Among computer geeks of a certain age Microsoft has long been synonymous with the word evil. I think that's giving the brass at Microsoft a little too much credit. To me, they're just clueless. Steve Ballmer should just go ahead and fire everyone over the age of, say, 35, and let people who really understand how computers are used run the show.
Microsoft CEO Steve Ballmer took the stage in Las Vegas Wednesday night to kick off the annual Consumer Electronics Show, the first time he has delivered the prestigious opening keynote address, a role filled by his colleague Bill Gates for the last 14 years.
CES will be something of a preview of what’s to come for the consumer electronics industry this year. Less will have to be more, as revenue and investment shrink while buyers and profits become scarce.
Here's the thing about technology and the technology industry: pioneers and visionaries like Microsoft, Intel, Sony and so many others didn't make their fortunes focused on today and tomorrow. They're all about the future, which is particularly important in today's current economic climate.
The bulls outweigh the bears on options trading for Cisco Systems, a day before the networking company is to unveil new consumer products and initiatives at the Consumer Electronics Show in Las Vegas.
Adobe Systems is up nearly 5 percent Tuesday — and continues to see call activity. The call buying began around a week ago, when we reported volume approaching four times the daily average for the maker of Photostop, Flash, and other popular software. Today, trading continued to surge...
This is the live blog of Macworld from the Moscone Center in San Francisco, California. The keynote speech is by Senior VP of of Worldwide Product Marketing, Phil Schiller.
Adobe Systems is down more than 51 percent this year — but is seeing huge call activity. The average daily call volume is 3,300, but Tuesday the software maker saw more than 12,000 contracts trade at the February 22.50 strike alone (AEQBX), most of them for $1, according to OptionMonster's tracking systems.
For several components of the tech sector, Wall Street analysts believe 2009 will be a year of transition. The first half will be painful, the second half slightly better, but the real recovery won’t occur until 2010.Here's the outlook for four key sectors.
Oracle reported a profit excluding one-time items that rose 8 percent and was in line with estimates.
Looking for that perfect gift for the gadget lover who has everything? Beyond the iPhone and Wii, here are 10 of the coolest gadgets this holiday season. Everything from a solar-paneled laptop bag to a washable keyboard and — wait for it — a touch-screen universal remote.
Dell reported earnings that declined 5 percent but easily exceeded expectations, sending its shares higher in late trading.
As Cliff Mason noted earlier today, Cramer likes to talk about "pin action" a lot -- the effect that one company's good fortune usually has on other, related companies (parts manufacturers, for example). The key word, however, is "usually." In the disastrous market we have these days, you can't even depend on this pin action any more.
Microchip maker Intel warned that its revenue would be about 14 percent below its previous forecast due to weak demand around the globe and in all market segments. The stock plunged after-hours.
Matt Hunter is the senior technology editor at CNBC.com.
Ari Levy is CNBC.com's senior technology reporter in San Francisco.
Harriet Taylor is a CNBC.com technology reporter based in San Francisco. She covers Apple, Uber and the sharing economy, cyber security and emerging Silicon Valley trends.
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.