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
Texas Instruments reports after the bell, and the company will be forced into Apple Inc.'s shadow, which might be a shame. That's because this company could offer up some surprisingly good news, both in wireless and in flat TV's.
Just some quick thoughts on what started out as a brutal morning, but is "coming back" a little thanks to the Fed's must-do move minutes ago: I heard from many of you over the weekend, and the tone was a little surprising.
Satyam Computer Services, India's fourth-largest software services exporter, on Monday posted a 29 percent rise in quarterly profit, meeting estimates, as it won large outsourcing deals.
Apple Inc.'s earnings are always a big-time financial event, but this time, the company's numbers will be followed more closely than ever before. Why? Worries about a recession, concerns over a lackluster holiday shopping season, insecurity about how the company's products are selling.
It's not often that I'm thrown for a loop when a company reports earnings. But when the headline number from Advanced Micro Devices crossed the wires as a loss of $3.06 a share, my eyes nearly popped. Where's the charge coming from? What's the problem here? What did we all miss?
IBM on Thursday forecast 2008 earnings well ahead of Wall Street expectations after results showing a strong international performance, and its shares jumped 5 percent.
I heard a new term the other day. You're probably familiar with it, but it was new to me: Hot Money. It's a reflection of the new kind of market dynamics we're all seeing lately, and the best, fresh example of "hot money" is Advanced Micro Devices.
Oracle Wednesday won a three-month-long campaign to buy BEA Systems by raising its bid for the business software maker by 14 percent to $8.5 billion.
Seems I struck a nerve with some Intel investors reading this morning's post on the company's steep decline following yesterday's earnings. Here's a taste: Bill Jameson writes, "Felt the same way. Nice report."
Ouch. There's really no other way to summarize Intel's earnings, and there's little question that Intel's softness took Wall Street by surprise. Just look at the shellacking these shares are taking today. But is the selloff warranted, or -- like so many other moves to the downside in recent weeks among the top names in tech -- is the Intel drubbing overdone?
What a crazy day for Apple Inc., Macworld attendees, and me. Still trying to get the feeling back in my thumbs after live-blogging, via Blackberry, during the keynote. I really hope you found that useful.
This is the text of my live blog from the Steve Jobs speech at Macworld. It was fun to do and I hope you enjoy reading it for the first time, or re-reading it again.
It's either an incredibly elaborate hoax or Apple Inc.'s CEO Steve Jobs is one unhappy camper this morning: It appears notes for his highly anticipated Macworld keynote address may have been leaked onto the internet last night, posting on the popular online encyclopedia web site Wikipedia.
When it comes to Apple Inc. and Wall Street, I don't get it. These last few weeks have seen a precipitous decline in Apple shares, from a high right near $203 to a low of $171. The fall in Apple shares follows a general downdraft in all kinds of tech, yet many experts both in and outside the company I'm talking to have continued to harp on the "fundamentals" that got Apple to those lofty heights to begin with.
German software giant SAP posted solid preliminary fourth-quarter results in line with market expectations on Monday, sending its shares up as much as 6 percent.
You knew it was coming simply because we all know that stocks, particularly tech stocks, don't move in only one direction despite what we've seen since Jan. 1. It took a stunning IBM pre-announcement to get the ball rolling, and that ball is rolling, fast.
It's the Friday before Macworld and once again, tongues are wagging about what Steve Jobs will pull out of his jeans pocket; what he might have lurking up his trademarked black sleeve; whether he can offer up something to pump some life back into this sagging stock.
Shares in Swiss-based computer peripherals maker Logitech International gained up to 12 percent on Thursday amid speculation Microsoft would launch a takeover bid, traders said.
Some electronics retailers had huge success in 2007, but the year left others bruised. A CES retail panel featured executives from both kinds of companies.
Ford Motor has signed up some tech heavyweights to help with "Sync," its in-car satellite communications system, With help from Microsoft, Sirius and others, Ford's car of the very near future is something like a GPS, digital music player, cell phone and voice recognition system on wheels.
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.