RefBan

Referral Banners

Thursday, October 18, 2012

Technology Report: Google results miss; shares dive after premature report

Click to View in Browser
10/18/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Google results miss; shares dive after premature report
SAN FRANCISCO (Reuters) - Google Inc's quarterly results fell well short of Wall Street's expectations after its core advertising business slowed, stunning investors accustomed to consistently rapid growth from the Internet giant and wiping more than 9 percent off its market value.
Microsoft profit falls as PC sales shrink
SEATTLE (Reuters) - Microsoft Corp said its fiscal first-quarter profit fell on Thursday, hurt by a dip in computer sales running its Windows operating system and the deferral of some revenue ahead of upcoming releases of its core Windows and Office products.
Chipmaker AMD announces layoffs as PC sales stumble
SAN FRANCISCO (Reuters) - PC chipmaker Advanced Micro Devices said it will cut its workforce by 15 percent in a bid to reduce operating expenses, its second round of layoffs in less than a year as it struggles with a weak global economy and a consumer shif toward tablets.
Apple loses tablet copyright appeal against Samsung
LONDON (Reuters) - Apple has lost its appeal against a ruling that cleared rival Samsung of copying its registered designs for tablet computers, in a decision which could end the two firms' legal dispute on the subject across Europe.
Analysis: How long can Google's shares stay airborne?
NEW YORK/SAN FRANCISCO (Reuters) - Google Inc's shares have clung tenaciously near record highs after a three-month, 30 percent rally fueled by rising optimism about Internet advertising, but Wall Street fears it may be running out of steam.
Twitter blocks neo-Nazi group's messages in Germany
FRANKFURT (Reuters) - Twitter has blocked messages in Germany from a group banned by local authorities over right-wing extremism, using its powers to withhold content in one specific country for the first time.
Capgemini CEO says to hire new finance chief by November
PARIS (Reuters) - French technology consultancy Capgemini said it would hire a new chief financial officer by early November and maintain its strategy after the departure of its current finance chief for a new post rattled markets on Thursday.
Uniqlo to rev up U.S. expansion with online shopping
(Reuters) - Japanese fashion retailer Uniqlo is turning to e-commerce in a bid to speed up its expansion in the United States and take on more established rivals like H&M and Zara in that market.
IBM in talks to buy Israel mobile software firm Red Bend: media
TEL AVIV (Reuters) - IBM Corp is in advanced talks to buy Israel-based Red Bend Software, a provider of mobile phone software, for $200 million to $250 million, Israeli media reported on Thursday.
Alcatel-Lucent to cut 5,490 jobs worldwide
PARIS (Reuters) - Telecoms equipment maker Alcatel-Lucent plans to axe 5,490 jobs worldwide as part of a cost-saving program unveiled in July, with more than a quarter of the cuts coming in France.
Related Video
Trapped in amber, ancient insect shown hitching ride on a fly
Baxter the robot readied for U.S. factory revival
Mediafile
John C Abell
EBay's buyer's remorse
Sarah McBride
WPP chief Sorrell shuns Twitter, Klout for personal brand– but likes mobile for clients
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
Reuters Business Today
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Top Newsay
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
» MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments: