Cisco warns of sales miss, eyes $1 billion savings
2011-05-12 13:42:13
Cisco Systems Inc warned that it will fare worse this quarter than Wall Street had feared, and laid out plans for global job cuts as it struggles to revive growth.
Samsung produces fastest flash memory chip
2011-05-12 17:42:07
Samsung Electronics, the world's largest memory chip maker, said Thursday it has started production of new NAND flash memory chips that can transmit data at a faster speed than any other chips.
Google launches Chrome PCs
2011-05-12 10:31:26
Laptop computers using Google's Chrome operating system will go on sale in June.
Toyota quarterly profit slides
2011-05-11 16:54:57
Toyota's quarterly profit crumpled more than 75 percent after the March earthquake and tsunami wiped out parts suppliers in noJapan.
Google braces to pay $500M in ad probe
2011-05-11 13:25:03
Google's lucrative online advertising system is facing a U.S. government investigation that is expected to cost at least $500 million.
Disney's rare revenue miss hurts shares
2011-05-11 11:17:40
Walt Disney Co reported a rare results miss after "Mars Needs Moms" capped a disappointing quarter at the US box office.
Yiddish cell phone launches in Israel
2011-05-10 14:58:16
Israel's kosher cellular phone market has a new model, a device with a Yiddish interface to help devout Jews with modern technology.
Microsoft to buy Skype for $8.5 bn
2011-05-10 20:20:44
Microsoft Corp. says it will buy the Internet phone company Skype for $8.5 billion in cash.
LinkedIn to sell shares for $32 to $35 each in IPO
2011-05-10 18:10:06
Professional networking website LinkedIn Corp. plans to sell shares to investors for $32 to $35 each in an initial public offering, one of the first for a major US social networking site.
Apple's Steve Jobs claims the lowest-paid CEOs for 2010
2011-05-10 10:14:30
The 10 lowest-paid CEOs for 2010 in an Associated Press analysis of companies in the Standard & Poor's 500.
Top 50 highest-paid CEOs in 2010
2011-05-10 09:48:20
The 50 highest-paid CEOs for 2010 in an Associated Press analysis for Standard & Poor's 500 companies.
Metal giant to start 2 overseas projects
2011-05-09 11:00:40
China Nonferrous Metal Mining Co(Group) (CNMC),is expecting two of its major overseas projects to begin operation this year.