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.
Why use a scalpel when a scythe will do? Microsoft (MSFT) confirmed it will fire up to 18,000 employees, or some 12 percent of its overall workforce, in a companywide overhaul prompted by what chief executive Satya Nadella termed “work simplification as well as Nokia Devices and Services integration synergies and strategic alignment.”
Microsoft (MSFT) is prepping to cut thousands of jobs from engineering, marketing and some segments of the company duplicating incoming Nokia jobs, in what could be the vendor’s largest workforce reduction since it lopped some 5,800 workers from its rolls five years ago.
Dell is out of Chromebooks—unless you're a school. The computer maker reportedly confirmed earlier this week that its Google (GOOG) Android-based, web-centric Dell Chromebook 11 is unavailable to consumers trying to buy it from the vendor’s online site.
Amazon (AMZN) apparently has poached the development head of Google’s (GOOG) Glass eyewear computer, a move that could reflect the online retail giant’s interest in developing its own wearables following the recent debut of its first-ever smartphone.
WAN optimization vendor Riverbed Technology (RVBD) warned analysts on July 14 it will miss Q2 revenue projections by nearly 5 percent, and by the end of trading the next day the stock had plunged about 10 percent.
In a possible blow to Apple’s (AAPL) predictably unpredictable relationship with the Chinese government, officials in China’s state-run media have tagged the iPhone maker’s iconic smartphone as a national security risk for its feature to track and date user locations.
Samsung has renovated and rebranded its mobile apps store, adding hundreds of new apps exclusive to its Galaxy mobile devices segmented by categories such as Best Picks, Top and For Galaxy, in a move seemingly aimed at landing Google (GOOG) Play customers.