Contract electronics manufacturer Celestica Inc reported a 76 percent fall in first-quarter profit, hit by the loss of its once-biggest customer, Blackberry. Revenue fell 19 percent to $1.37... Read more
Cisco Systems Inc is selling its home networking business to Belkin, the networking giant’s latest move to exit the consumer business. The companies did not disclose the financial term... Read more
Hewlett Packard Co said in a letter made public on Friday that its products could have been delivered to Syria through resellers or distributors, but the world’s largest PC maker affir... Read more
Networking equipment company Cisco Systems Inc said it will buy privately held cloud networking company Meraki for $1.2 billion in cash as part of its cloud and networking strategy. Cisco sa... Read more
Technology company Oracle Corp increased billionaire CEO Larry Ellison’s compensation for last year by 24 percent. Ellison, one of the most highly paid chief executive officers in the... Read more
The world’s biggest and most advanced radio telescope, capable of detecting signs of extraterrestrial life in the far reaches of the universe, will be located in South Africa, Australi... Read more
Microsoft Corp has asked EU antitrust regulators to intervene in a patent dispute with Google Inc and Motorola Mobility Holdings Inc as it stepped up its battle against Google. Microsoft com... Read more
Apple CEO Tim Cook has a problem, a $98 billion problem. Just 18 months ago, Apple’s $46 billion mountain of cash – while huge by most standards – attracted only muted comp... Read more
