Samsung Says Record Phone Sales Sent 4Q Profit Up 89%
Samsung Electronics Co. (KSX:005930) announced that its fourth-quarter operating profit surged 89 percent to 8.8 trillion won (US $8.3 billion), a new record.
IPOs: Minus Facebook, Experts See Better Year Raising $34B
Initial public offerings could raise as much as $34 billion in U.S. markets and more than $100 billion worldwide, experts said.
Dish Networks Bid For Clearwire Could Hobble Sprint
A surprise bid for Clearwire (NASDAQ:CLWR) by Dish Networks (NASDAQ:DISH) could upset plans by Sprint-Nextel Corp. (NYSE:S) to buy it.
Qualcomm vs. Intel: Challenger Starts Major Push To Be No. 1
The market value of Qualcomm Inc., the No. 1 designer of mobile chips, exceeds that of Intel. That's no mistake.
Gartner: 2013 Tech Spending To Rise 5.6%; Cloud To See Top Gains
Technology spending should rise 5.6 percent to $3.7 trillion, Gartner (NYSE:IT) predicted, with strongest gains coming from cloud technologies.
IBM Sets ‘Smart Home’ Links To STMicroelectronics, Shaspa Research
International Business Machines Corp. (NYSE:IBM) announced a deal with STMicroelectronics (NYSE:STM) and Shaspa for "smart homes."
Verizon: $10B Sandy Charge, Could Bid For Rest Of Wireless Unit
Verizon Communications (NYSE:VZ) expects a $10 billion charge for Hurricane Sandy damage and other reasons, CEO Lowell McAdam said.
IBM CEO Picks Two To Manage Services After Current Boss Retires
When the boss of International Business Machines Corp. (NYSE: IBM) services retires soon, the CEO determined two heads are better.
Google Chairman Arrives In Pyongyang Despite State Dept. Advice
Eric Schmidt, executive chairman of Google (NASDAQ: GOOG), arrived in North Korea with former U.N. Ambassador Bill Richardson.
Consumer Electronics Sales Could Reach $1.1 Trillion, CEA Says
Global sales of consumer electronics may rise about 4 percent in 2013 to $1.11 trillion, the Consumer Electronics Association estimated.
Technology Focus: Google And The Feds: Cleared But Not Forgotten
Google Inc. got a New Year's gift when the Federal Trade Commission dropped its probe into anti-competitive practices, using a new rationale.
HP: Is Whitman Looking To Sell Units Now?
The Hewlett-Packard Co. told the Securities and Exchange Commission in a filing it is evaluating asset sales. Could it split apart?
103M Mobile Devices Shipped With 4G LTE Capability In 2012
Shipments of mobile devices designed for 4G LTE networks rose to a record 103 million in 2012, market research ABI Research estimated.
Leap Motion Sets Deal With Asustek, Gets $30M Venture Capital
Leap Motion, which developed wireless controllers that allow smart platforms to read motions, will sell it in Asustek's platforms.
FTC Decision: No Charges But Google Promises Big Changes
Google (NASDAQ: GOOG) settled charges with the U.S. Federal Trade Commission by agreeing to changes in search and patent rights.
FTC Decision On Google: What’s At Stake For No. 1
Google is likely to settle charges with the U.S. Federal Trade Commission Thursday.
Judge Rules Amazon Doesn’t Mislead Using ‘Appstore’
A federal judge in California threw out a fraud claim by Apple (NASDAQ:AAPL) that Amazon.com (NASDAQ:AMZN) infringed upon the name App Store.
Qualcomm Sued By N.Y. Comptroller Over Political Donations
New York State Comptroller Thomas DiNapoli sued Qualcomm (NASDAQ:QCOM), the top developer of mobile chips, seeking information about political donations.
FTC May Bring Google Case As Schmidt Plans N. Korea Visit
Google (NASDAQ:GOOG) may face charges of anticompetitive practices brought by the U.S. Federal Trade Commission this week.
Facebook Shareholder Lawsuit Judge Sets Jan. 23 For Preliminary Conference
A judge set Jan. 23 for a pretrial conference on the class-action lawsuit against Facebook.
RIM Extends InterDigital Patent License Ahead Of BlackBerry 10
Research in Motion (NASDAQ: RIMM) extended its patent licensing deal with InterDigital Inc. (NASDAQ:IDCC), ahead of the release of the BlackBerry 10.
Chip Sales In November Rose 9% From 2011 But Units For PCs Plunged
Global chip sales in November rose 9 percent to $24.6 billion from 2011, the Semiconductor Industry Association reported.
Netflix CEO Pay Doubled Despite Challenge From Icahn
Directors of Netflix Inc. doubled CEO Reed Hastings's salary to $4 million next year despite a management challenge from Carl Icahn.
5 Tech IPOs For 2013 From Cloud Events To Ultrafast Chips
2013 could be brighter for technology IPOs if the likes of Cloudera, Xtera, Dropbox, Cvent and Acquia take the plunge.
Technology Focus: 5 People Of '12 Who Deserve Kudos
Emphasize the positive, and forget the negative: Here are five people who deserve credit for doing things right this year.
Permira Completes $1.6B Ancestry.com Acquisition
UK private equity giant Permira Advisers completed the $1.6 billion acquisition of Ancestry.com (NASDAQ:ACOM), the most popular genealogy website.
Ex-Autonomy CEO Blasts HP 'Fraud' Charges On Sale
Former Autonomy CEO Mike Lynch denied fraud charges invoked by Hewlett-Packard (NYSE:HPQ) in its takeover.
RIM Sells Cloud Unit To Synchronoss; Pays $65M To Nokia
BlackBerry developer Research in Motion (NASDAQ:RIM) closed the sale of its NewBay cloud unit to Synchronoss Technologies (NASDAQ:SNCR) for $55.5 million.
Technology Companies: 5 To Watch In 2013
There are thousands of tech companies to watch, but how can one determine which will be the game-changers? Don't worry, here are a few.
Cupertino Greed: Apple Paid Top Officers Very Well
Apple, which reported record annual income, paid its top officers extremely well in 2012, with stock awards calculated to pay them even better.