AMD withdraws from high-density server business
AMD has pulled out of the market for high-density servers, reversing a strategy it embarked on three years ago with its acquisition of SeaMicro.
AMD has pulled out of the market for high-density servers, reversing a strategy it embarked on three years ago with its acquisition of SeaMicro.
The PC business enjoyed a bit of a revival last year as companies replaced older systems running Windows XP. Those upgrades are mostly done now, and the slower market has hit Intel's financial results.
The Bitcoin Foundation, formed in 2012 to promote the virtual currency, has rejected claims by a board member that it's bankrupt but has acknowledged significant financial problems -- ironically as a result of a big drop in the value of its bitcoin holdings.
Samsung Electronics expects first quarter profits to drop by more than 30 percent, marking the sixth straight quarterly decline at the company, which is struggling to compete with Apple at the top of the smartphone market.
BlackBerry surprised Wall Street by getting its bottom line back into the black in the fourth quarter, but sales shrunk significantly again, putting in question CEO John Chen's assertion that the company's turnaround is on track.
As it prepares to consume iiNet, TPG has revealed strong growth in its broadband business for the six months ending 31 January 2015.
Oracle expects to generate more than US$1 billion in new SaaS and PaaS business in 2015, putting it toe-to-toe in the cloud market with Salesforce.com, Oracle's top executives said Tuesday.
Patrick Pichette, Google's chief financial officer, is retiring, the company said Tuesday.
Hewlett-Packard has lowered its financial outlook for the year after another quarter of declining sales and profit.
The expanding Vocus Communications sharply increased revenue and profits in the first half of 2015, according to financial results released today.
Vodafone could be seeing the beginning of a customer turnaround, with the telco adding customers in the second half of 2014 after several periods of loss, according to financial results released Wednesday by Hutchison Telecommunications Australia Limited (HTAL).
The number of 4G devices on Telstra’s mobile network has overtaken 3G for the first time, Telstra CEO David Thodey said as he reported results for the half-year ending 31 December.
Cisco Systems posted quarterly revenue and profit gains that included growth for its software-defined networking products, and Chairman and CEO John Chambers used the occasion to lay down the gauntlet to SDN rival VMware.
Twitter nearly doubled its revenue last quarter, handsomely beating forecasts, but it continues to battle slow user growth.
Sony has put an estimate to the damage caused by the massive cyberattack against Sony Pictures Entertainment last year -- US$15 million.