A second top Qualcomm (QCOM) executive reportedly has departed the chip maker, as Peggy Johnson, a 24-year company veteran and former executive vice president and head of Global Market Development, is leaving to take an undisclosed role at Microsoft (MSFT).
Apple's (AAPL) Beats Electronics $3 billion buyout deal, by far the largest acquisition in the iPhone makers’ iconic history, has cleared European Commission regulators, who downplayed the merger’s potential to produce unfair competition in the audio products industry.
In a deal that may look like small potatoes compared to Apple>’s (AAPL) recent $3 billion Beats acquisition, the iPhone maker is set to gobble up Swell, which makes an iOS app to personalize podcasts, news and talk radio into custom audio streams, for some $30 million.
Postponing, delay, rescheduling and so forth has become second nature to Samsung’s Tizen smartphone strategy. In the latest episode, the Korean manufacturer has called off a rollout of its new Tizen OS-based Samsung Z slated to debut in Russia this quarter.
Activist investor Elliott Management quietly has bagged a 2 percent stake in EMC (EMC) valued at about $1 billion and immediately began doing what it does best—prodding the storage giant to spin off its 80 percent interest in virtualization kingpin VMware (VMW) and PaaS startup Pivotal to boost its share price.
Mobile device maker BlackBerry (BBRY) has tapped Marty Beard, a former Sybase top executive, to run its operations in a move to further solidify its focus on the enterprise mobility market. Can BlackBerry's new cloud-savvy executive help advance its business strategy?
In the wake of former Hewlett-Packard (HPQ) chairman Ralph Whitworth’s resignation over ailing health, the vendor’s board moved quickly late last week to appoint current president and chief executive Meg Whitman to the post.
Microsoft (MSFT) fired some 18,000 workers last week, with Nokia employees making up about 70 percent or 12,500 of the total layoffs. But what about the remaining 5,500 non-Nokia employees? Who’s most likely to get a pink slip in the next few months?
Some 200 Samsung smartphone managers have returned 25 percent of their bonuses for the first half of this year in the wake of the Korean manufacturer’s poor second quarter results, according to a Reuters report.
IBM (IBM) delivered unexpectedly solid Q2 1014 earnings, showing some signs, despite a ninth consecutive quarter of declining revenue, that its makeover toward Big Data analytics, cloud computing, software and mobility may be slowly taking root.
Google’s (GOOG) Q2 2014 earnings at $6.08 per share came up short of analysts’ expectations of $6.24 a share but the search giant beat revenue projections, posting $15.96 billion in sales for the period, far ahead of the $12.32 billion forecast.