Samsung plots Galaxy S6 price cut, new phones to help business
Lackluster demand for its flagship Galaxy S6 smartphone and higher marketing costs led Samsung Electronics to another quarter of falling sales and profits in the April to June period.
Lackluster demand for its flagship Galaxy S6 smartphone and higher marketing costs led Samsung Electronics to another quarter of falling sales and profits in the April to June period.
Facebook has posted strong sales results for the second quarter, showing continued success in its advertising business, though its costs also rose sharply.
Enterprise customers can expect to hear more from e-commerce giant Alibaba Group. The Chinese company is accelerating the global expansion of its cloud computing business, with a US$1 billion investment.
Japanese gaming icon Nintendo posted a profit for the April-June quarter on Wednesday thanks in part to surging sales of a game in which players can squirt ink all over the place and transform into squids.
Twitter reported a higher than expected increase in revenue on Tuesday, suggesting progress in the company's efforts to grow its ad sales.
An appeals court has ruled that shareholders cannot sue Facebook or Mark Zuckerberg in a case that accused the company of withholding key financial information from the public until after its IPO.
Cloud services continue to grow by leaps and bounds for Amazon.com.
After ten years of making networked set-top boxes, Cisco Systems plans to quit the business, selling its Connected Devices division to French firm Technicolor, the companies said Thursday.
Qualcomm will cut costs by about $1.4 billion per year and study the possible sale of assets as part of a company realignment.
While the United States unemployment rate has hit a post-recession low, the network and computing industry has not been without significant layoffs so far in 2015.
The wireless industry's chief lobbying group today issued comments on part of the FCC'S Open Internet Order that went into effect last month, saying that provisions requiring better disclosure of network management, performance and pricing figures are unfair and burdensome.
AT&T's acquisition of DirecTV appears headed for approval, with Tom Wheeler, chairman of the Federal Communications Commission circulating to commissioners an order recommending approval, although with some conditions.
Yahoo has reported an uncharacteristic rise in revenue for the second quarter, but it came with a hefty sum spent on boosting its search traffic.
Apple reported an unusual misstep in the April-to-June quarter, selling fewer iPhones than analysts had been expecting, but it wasn't all bad news from Cupertino.
Microsoft has reported its first quarterly loss in three years, largely as a result of a $7.5 billion write-down for its acquisition last year of Nokia's devices and services business.