Nov 24- EMC Corp, in a bid to boost shareholder support for its sale to Dell Inc, will retain a majority stake in Virtustream and abandon a plan to place the loss-making cloud services provider in a joint venture with VMware Inc, people familiar with the matter said. The move is aimed at lifting VMware's shares, which have lost about a quarter of their value since...» Read More
Microsoft said Monday its first update to the Windows Vista operating system has been released for manufacturing.
The Justice Department on Friday said it is "interested" in reviewing antitrust issues associated with Microsoft nearly $45 billion unsolicited bid for Yahoo.
I've gotten ahold of Microsoft CEO Steve Ballmer's internal memo he emailed to the troops this morning about his plans to spend $45 billion in a hostile bid for struggling search stalwart Yahoo. (Thanks for sending. You know who you are!)
Let the campaigning begin: Microsoft hosted a conference call with the Street and media this morning to talk over its $45 billion dollar hostile bid for Yahoo, making its case not just to Microsoft and Yahoo investors, but to Yahoo employees who might feel tempted to make a bee-line for the exits.
Microsoft's take-out play for Yahoo is a stunning move by the world's largest software maker, even though rumors of a deal have been swirling for the better part of a year. The 62 percent premium Microsoft is willing to pay for Yahoo, valuing the deal at a shade under $45 billion, shows just how serious--and just how frustrated--Microsoft has become with Yahoo.
It is a stunning move by the pioneering name in mobile phones and the best data yet about just how deep the company's problems run: Motorola announced late Thursday that it is seeking alternatives for its handset business that likely will mean a sell-off of the division.
Sure we keep hearing about the iPhone and the iPod, oh, and the Mac as well, but while we're fixated on where Apple's products have been, a new study suggests where Apple's spacer products are going, and it can be summed up in one word: Mac.
Even as Apple Inc. tries to fend off rumors that iPhone sales are slowing, and Nokia generates a flood of positive media because of better than expected sales this past quarter, struggling Palm continues to raise its hand, trying to get noticed amid all the action in the wireless sector.
If you think your portfolio has taken a hit since the beginning of the year, consider Steve Jobs and his stake in Apple: He's down $377 million and change since Jan. 1, so if anyone knows the magnitude of Apple's steep--and some say overdone--decline since then, it's the mercurial Apple chief.
If you believe the media -- and you should, every word ;) -- you'd think this nation was spiraling toward recession. But it's not necessarily so. Take Microsoft as an example...
If the entertainment and device division performance by Microsoft in its second quarter was a surprise, the company's online business growth is a stunner, especially as the company tries to chip away at Google's near total dominance.
When Microsoft's earnings came out yesterday, I had to do a double-take because it was hard for me to process just how strong these numbers truly were. I knew the company was poised for a strong quarter, but it was the breadth of its success, and optimistic guidance that took me, and so many investors, by surprise.
Microsoft beat estimates with both its earnings and sales numbers, and the company's shares jumped 8 percent in extended trading.
Over 30 years this Indian software engineer has helped pioneer outsourcing from the West. The company he co-founded now receives one and a half million job applications each year. By building Infosys he has contributed to a transformation of India's reputation, stoked controversy and built a personal fortune worth in excess of one billion US dollars.
Struggling smart phone maker Palm Inc. will shutter all 34 of its retail stores as the company continues to try to find a financial foothold in a sector of technology seeing unprecedented competition.
Microsoft--the world's largest software maker--got a whole lot larger at the end of 2007; the company blowing past Wall Street expectations, and offering up optimistic guidance that could go a long way toward buoying beleaguered equity markets around the world.
Microsoft's earnings may be the most anticipated report from the tech sector, and possibly the most anticipated report during the earnings season, and here's why: The company is just as big a deal in this country as it is in Europe, Asia, emerging markets.
I'm skeptical, to say the least, of a report originally in the Chinese language Economic Daily News, and now re-printed by Digitimes detailing an iPhone shipment slowdown by Apple. The story says Apple has lowered its projected shipments of iPhones from 2 million units to around 1 million or 1.2 million for its fiscal second quarter ending march 2008.
This is the LIVE blog from Tuesday's Apple earnings conference call. Read it for the first time or re-read again. I had fun doing it and I hope you enjoy reading it.
eBay is one of the net's four horsemen, ushering in a spate of online earnings after the bell today, and coming a week ahead of Yahoo (next Tuesday); Amazon (next Wednesday); and Google (next Thursday.) So eBay's earnings will put the entire sector under the spotlight.
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.