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
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.
Apple’s stock was hammered in after-hours trading on Thursday because, to be blunt, investors simply don’t believe Mr. Jobs' health issues are not serious.
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.
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.
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 a decade, consumers mostly ignored electronic book devices, which were often hard to use and offered few popular items to read. But this year, in part because of the popularity of Amazon.com’s wireless Kindle device, the e-book has started to take hold, the New York Times reports.
Video game publisher Electronic Arts Inc. said on Friday it will cut 1,000 jobs, or 10 percent of its work force, as part of a restructuring plan that will save around $120 million a year.
Oracle reported a profit excluding one-time items that rose 8 percent and was in line with estimates.
It's a big day for Netflix with the service going live on Microsoft's Xbox 360 platform. But there's one big thing lacking and you can thank the heated rivalry between Sony and Microsoft for it and I'm getting an earful from some of you.
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.
Tech nuts, gadget freaks, gizmo gurus, lend me your ears. And your eyes. Over the next several weeks, I'll be featuring some of the devices getting a lot of attention, both good and bad, and rely on you to tell me what's hot, what's not.
Monday morning started off with a bang for Apple investors, courtesy of FBR's chip analyst Craig Berger making a strange call on Apple and what seemed like a dramatic slowdown in iPhone sales.
Sun Microsystems is posting a large loss for its latest quarter. The maker of servers and business software wrote down the value of the company due to the slow economy and the huge decline in its stock price.
A buyback made sense back in March. With Apple's cash generation since, and the non-GAAP megabucks iPhone's generating now, a buyback makes exponentially more sense today.
Microsoft reported a 2 percent rise in quarterly profit, driven by sales of new computer server software, and lowered its full-year earnings forecasts to account for a toughening economy.
International Business Machines reported results that rose over last year in line with pre-announced figures the company gave last week.
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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.
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.