Twitter failed to meet revenue estimates for the first quarter, and is lowering its expectations for the rest of the year, due to weaker than expected performance of some of its ads products, the company said Tuesday.
Apple achieved its second straight quarter of record results as demand for the new iPhone 6 surged and China became Apple's second most important market after the U.S.
Microsoft last week acknowledged that Windows revenue took a beating in the first quarter, with sales of licenses to computer and device makers falling $US698 million, or 22 per cent, compared to the same stretch in 2014.
Microsoft has signaled that it may take a massive write-off of its Nokia acquisition, perhaps as early as July.
Indian outsourcer Infosys has made an acquisition in the area of cloud computing and invested in a personal health monitoring company as it tries to move into high value products and services.
Microsoft has reported better-than-expected financial results for the quarter just ended, helped by strong sales of cloud services like Office 365 and Azure.
Google's sales rose 12 per cent during the first quarter, the slowest rate of revenue growth since 2013, while the amount it charges for ad clicks continued to drop.
Amazon has finally shared some numbers about its cloud business, and not surprisingly they show that it's thriving and profitable.
Qualcomm's second-quarter profit dropped 46 percent, mainly because of a large fine the company had to pay in China for settling antitrust issues.
Facebook continued growing its business with ads placed on small screens last quarter, when it generated 73 percent of its sales from mobile ads.
Mobile is a crucial element in CEO Marissa Mayer's turnaround plan for Yahoo, but the company is still heavily dependant on PCs for its money.
IBM reported a 12 per cent drop in revenue for the last quarter despite a big boost from its new z13 mainframe, which went on sale last month.
AMD has pulled out of the market for high-density servers, reversing a strategy it embarked on three years ago with its acquisition of SeaMicro.
The PC business enjoyed a bit of a revival last year as companies replaced older systems running Windows XP. Those upgrades are mostly done now, and the slower market has hit Intel's financial results.
The Bitcoin Foundation, formed in 2012 to promote the virtual currency, has rejected claims by a board member that it's bankrupt but has acknowledged significant financial problems -- ironically as a result of a big drop in the value of its bitcoin holdings.