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  • Infosys invests in cloud, health monitoring market

    Indian outsourcer Infosys has made an acquisition in the area of cloud computing and invested in a personal health monitoring company as it tries to move into high value products and services.

    Written by John Ribeiro24 April 15 21:52
  • Google sales hit a speed bump in Q1

    Google's sales rose 12 per cent during the first quarter, the slowest rate of revenue growth since 2013, while the amount it charges for ad clicks continued to drop.

    Written by Zach Miners24 April 15 07:10
  • 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.

    Written by James Niccolai17 April 15 07:02
  • Intel sales sag under PC slowdown

    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.

    Written by James Niccolai15 April 15 07:15
  • Bitcoin Foundation hit by big bitcoin losses

    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.

    Written by Martyn Williams08 April 15 07:06
  • Samsung expects big drop in first-quarter profits

    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.

    Written by Martyn Williams07 April 15 10:15
  • BlackBerry shocks with Q4 profit but CEO Chen can't stop sales slide

    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.

    Written by Mikael Ricknäs28 March 15 01:02
  • Ellison swings at Salesforce as Oracle's growth sputters

    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.

    Written by Katherine Noyes18 March 15 10:27