Telstra half year profit takes a hit
The roll out of the NBN has impacted Telstra's net profit after tax, which dropped 28 per cent to $1.2 billion in the half year ended 31 December 2018.
The roll out of the NBN has impacted Telstra's net profit after tax, which dropped 28 per cent to $1.2 billion in the half year ended 31 December 2018.
Commonwealth Bank of Australia has reported that its IT services spend for the first half of 2017 has reached close to $1.2 billion.
Lenovo is laying off 3200 employees and trimming down its smartphone portfolio in response to a slowdown in its PC and handset sales.
Chuck Robbins has only been in the job three weeks but the new CEO of Cisco Systems is already dropping hints about acquisitions.
Alibaba Group's Cloud computing and mobile business are surging, but its reported revenue in the second quarter missed analysts' estimates, amid a slowing Chinese economy.
Facebook, Twitter and LinkedIn all recently announced their latest earnings, and the reports highlight profound differences in each of the platforms, as well as unique future opportunities. The companies, operators of three of the world's largest and most popular social networks, may be competitors, but when you enter their walled gardens the purpose and intent is increasingly varied.
SAP's strategy event for the investment community on Tuesday offered few major surprises to anyone who's been closely monitoring the software vendor lately, but did serve to cement the company's future direction for product development, growth and customer retention. Here's a look at some of the highlights of the event.
Oracle is gearing up to report its second-quarter earnings Wednesday and given the restrained expectations CFO Sandra Katz earlier set for key areas such as software revenue, Oracle's results are sure to come under even more scrutiny than the tech bellwether already gets.
Politics collided with the world of technology this year as stories about U.S. government spying stirred angst both among the country's citizens and foreign governments, and the flawed HeathCare.gov site got American health-care reform off to a rocky start. Meanwhile, the post-PC era put aging tech giants under pressure to reinvent themselves. Here in no particular order are IDG News Service's picks for the top 10 tech stories of the year.
Despite the frothy headlines stirred by Twitter's initial public offering, tech is not in a bubble of the sort that arose before the 2000 dot-com crash.