Information Technology Sector

Research in Motion shares plunged Friday a day after the BlackBerry maker's bleak earnings report
Chairman of Tata Consultancy Services, Ratan Tata (R) speaks during the annual general meeting of TCS in Mumbai
Microsoft CEO Steve Ballmer
Microsoft CEO Steve Ballmer
Business software giant Oracle on Monday shook off rumors of a looming management shake-up
An IBM supercomputer has been recognized as the world's fastest
Japan's Fujitsu's employee Kuji Yoshimura (L) demonstrates a computer
Former Research in Motion President and co-CEO Mike Lazaridis
Apple CEO Tim Cook
Dell CEO Michael Dell
Apple CEO Tim Cook
Apple CEO Tim Cook
The screen of a computer shows a Google Book search on the home page of Internet giant Google's website
Former Apple CEO Steve Jobs delivers the keynote address at the 2011 Apple World Wide Developers Conference
Google has acquired the software firm Quickoffice
Windows 8 is touted as Microsoft's riposte to the rise of Apple and mobile devices powered by Google's Android
Microsoft CEO Steve Ballmer
IBM exhibition is seen here at the CeBIT IT fair, in March, in Hanover, central Germany
More than $15 bn dollars has been wiped from Facebook's value since the IPO gave it a market capitalization of $104 bn
The restructuring is expected to generate annualized savings of $3.0-3.5 bn by the end of the 2014 fiscal year for HP

US stocks drop on Cyprus, weak earnings

US stocks fell Thursday, hit by uncertainty over the Cyprus banking crisis and some surprisingly weak corporate earnings.
 

Taiwan's Acer reports Q4 net loss following write-down

Taiwan's leading personal computer maker Acer has announced a larger than expected fourth-quarter net loss after a write-down of the value of its brands, including Gateway and Packard Bell.
 

US stocks hold up despite Cyprus crisis

US stocks closed mixed Tuesday, holding on as the Cyprus financial crisis threatened to ignite more turmoil across the European financial system.
 

Financier charged in fake pre-IPO Facebook sales

A Florida investment adviser was charged Tuesday with selling $8 million of fake Facebook shares ahead of the social network's highly anticipated public offering, officials said.
 

US top court rejects appeal in $220,000 piracy case

The US Supreme Court refused Monday to take up the case of a woman ordered to pay a $220,000 fine for illegally downloading music off the internet.
 

Electronic Arts chief out as earnings ebb

Electronic Arts on Monday announced that chief executive John Riccitiello is stepping down and that the US videogame giant would make less money than initially expected this quarter.
 

Fujitsu smartphone can take your pulse

A smartphone that can take the pulse of a user just by looking at his or her face has been unveiled in Japan.
 

BlackBerry Z10 launches in third biggest market

BlackBerry on Friday launched its new Z10 smartphone in Indonesia, the company's third-largest market, as it rapidly loses ground elsewhere to rivals such as Apple and Samsung.
 

BlackBerry Z10 launched in Indonesia

BlackBerry on Friday launched its new Z10 smartphone in Indonesia, the company's third-largest market as it rapidly loses ground elsewhere to rivals such as Apple and Samsung.
 

S&P 500 flirts with record in bull market

The S&P 500 flirted with an all-time high Thursday as equity markets continued their upward march in the wake of strong labor data and bullish market sentiment.
 

Google tosses Reader as house cleaning continues

Google said it was tossing its Reader service and seven other products under a house cleaning campaign that has closed 70 of the Internet giant's features in the past two years.
 

Samsung unveils new product in Apple offensive

Locked in a fierce battle in the smartphone market, South Korean giant Samsung unveils its latest device aimed at challenging Apple in its home market.
 

Google tosses Reader as house cleaning continues

Google said it was tossing its Reader service and seven other products under a house cleaning campaign that has closed 70 of the Internet giant's features in the past two years.
 

Apple CEO ordered to testify in e-books case

A judge on Wednesday ordered Apple's chief executive Tim Cook to testify in a case brought by the US government accusing the tech giant of conspiring to raise e-book prices.
 

Dow extends record-setting streak to seven days

The Dow Jones Industrial Average set a new record closing for the seventh straight day Wednesday as US stocks registered small gains.
 

Google fined for Street View data collection

Google struck a deal with US authorities Tuesday to pay a $7 million fine for collecting people's personal data without authorization as it combed neighborhoods for its Street View service.
 

Icahn, Dell enter confidentiality agreement

Corporate raider Carl Icahn said Monday his investment firm had entered into a confidentiality agreement with Dell, which is facing a battle over its plans to take the computer maker private.
 

Court dismisses Nokia patent claims against HTC

Taiwan's top smartphone maker HTC said on Saturday a German court had dismissed two patent infringement complaints brought against the company by Finnish phone giant Nokia.
 

Corporate raider Icahn enters battle over Dell

Dell's plan for a private equity buyout ran into a potential snag Thursday as corporate raider Carl Icahn revealed that he has a stake in the computer giant and is opposing the deal.
 

iPhone extends gains in US market: survey

Apple's iPhone gained ground in the US market over the holiday season and early 2013, outpacing Samsung and other smartphone makers using the Android operating system, a survey found Wednesday.