Facebook reports strong Q4 as mobile ad sales keep growing
Facebook continues to reap big rewards from ads placed on people's smartphones, which now generate more than two-thirds of its revenue.
Facebook continues to reap big rewards from ads placed on people's smartphones, which now generate more than two-thirds of its revenue.
The Apple Watch will ship in April, according to CEO, Tim Cook, ending speculation about when Apple will release its first new category of product in more than four years.
Record revenue from the iPhone and Mac computer sales helped Apple bring in US$74.6 billion in revenue last quarter, up from $57.6 billion a year earlier.
Microsoft generated $2.3 billion in revenue last quarter from a business that didn't exist only a year earlier: phone hardware. Were it not for Nokia's old business, Microsoft would have been a poorer performer in the last three months of 2014, at least in terms of sales.
Box made a splashy entrance on the New York Stock Exchange Friday, opening at $20.20 per share, or 44 percent higher than the price it had set for itself the night before.
Sony has requested approval to delay its third-quarter earnings report, citing damage to network systems in its Sony Pictures Entertainment division caused by the cyberattack it sustained late last year.
eBay will cut roughly 7 per cent of its total workforce, or 2400 workers, and is considering a sale or IPO of its Enterprise unit.
IBM will favor buyouts that strengthen its Cloud services, the company's CFO said, as it looks for ways to expand its business after 11 straight quarters of declining revenue.
Stability in the PC market has benefitted many chip and computer companies, but not Advanced Micro Devices.
Capable, lightweight laptops are available these days for less than $200, and those prices are likely to stick around or even fall slightly this year, Intel says.
Intel shipped 46 million tablet chips last year, exceeding its own goal of 40 million, but don't expect the company to make such a commitment again.
Catching criminals in the online realm often involves the old-fashioned footwork of tracking them down in real life. But the expended shoe leather still only goes so far in cyberspace, U.S. federal prosecutors may be learning.
Apple yesterday reported that gross revenue from its iOS App Store for 2014 was up 50 per cent from 2013, although according to the numbers, sales were up only slightly from the 12 months prior to June 2014, when it last hinted at revenue.
IT services company CSC will pay US$190 million to settle a case brought by the U.S. Securities and Exchange Commission over four-year-old charges that it violated U.S. antifraud, reporting, and books-and-records laws. The company did not admit guilt, but has promised not to violate those laws in future.
BlackBerry's revenue continued its dive in the three months to Nov. 29, but on Friday the company reported a smaller loss than a year earlier.