US judge denies Apple request to halt sales of some Samsung products
A US district court judge has denied Apple's request to halt sales of four Samsung products in an ongoing patent infringement lawsuit.
A US district court judge has denied Apple's request to halt sales of four Samsung products in an ongoing patent infringement lawsuit.
Tech stocks looked strong Friday morning on the back of a week of upbeat surveys on small business and online spending, positive news about enterprise hardware and hopeful reports on U.S. employment and the European debt crisis.
Computer stocks sagged Friday morning in the wake of continuing economic worries and mixed financial news from hardware and software vendors this week.
Around the globe, economic concerns shift to Italy, as Thai floods threaten the hard-drive supply chain.
With Nvidia and Cisco reporting results, there was some good news on the chip and networking front this week that, with the help of a successful debt offering by Italy that eased economic concerns, helped fuel a rise in IT vendors' shares Friday morning.
There was mixed news on PC and microprocessor market growth this week, while the Groupon initial public offering Friday showed that there are plenty of people betting that social media will continue to drive technology trends.
Third-quarter earnings reports from major tech vendors continued to pour in this week, confirming upbeat trends for enterprise software and emerging markets but mixed results for hardware and components.
IBM has elected Virginia Rometty as president and chief executive officer effective Jan. 1, replacing Sam Palmisano, who will retain the chairman's role.
IBM has elected Virginia Rometty as president and chief executive officer effective Jan. 1, replacing Sam Palmisano, who will retain the chairman's role.
Against a backdrop of economic uncertainty, a raft of third-quarter earnings reports this week from some of the biggest players in IT showed that while tech sales remain strong overall, there are some weak spots that are stirring concerns among market watchers.
Strong results for tech companies, especially Google, and an easing of concerns about the economy boosted confidence in the computer sector, as markets closed Friday on a positive note.
Steve Jobs' death raised question about directions in technology this week while worries about the economy continue to put downward pressure on tech stocks, but for much of the industry it's been business as usual, especially for mergers and acquisitions.
Donald Trump has trained his eye for promotion on e-books, teaming up with Robert Kiyosaki, author of "Rich Dad Poor Dad," in a new twist on the traditional book-signing ceremony for newly published works.
The spectacle of Hewlett-Packard replacing CEO Leo Apotheker, who had been in the job just a year, with former eBay chief Meg Whitman this week all but obscured solid earnings reports from a range of enterprise software vendors including Oracle, Tibco and Red Hat.
Tech stocks rose along with major indexes this week as central banks came up with a plan to ease market fears about European sovereign debt, and as key IT players including Microsoft, Intel, and Cisco held conferences for developers, users and analysts.