Alcatel-Lucent reported a third-quarter loss and declining gross margins, as its cost-cutting program failed to keep up with declining sales of its network equipment and related services.
Stories by Peter Sayer
Nokia reported a 39 percent year-on-year drop in the number of smartphones it sold in the second quarter, to 10.2 million, while its net loss more than trebled.
Apple and Samsung Electronics each saw patent lawsuits they had filed against one another dismissed by a German court on Friday. Samsung expects to appeal its dismissal.
A German court has thrown out a Motorola Mobility patent lawsuit against Apple, breaking a recent run of courtroom successes for the company.
A French laptop buyer has won a refund from Lenovo after a four-year legal battle over the cost of a Windows license he didn't want. The judgment could open the way for PC buyers elsewhere in Europe to obtain refunds for bundled software they don't want, French campaign group No More Racketware said Monday.
STMicroelectronics hopes to make blurry low-light images from smartphone cameras a thing of the past with a new chip designed to boost light output from LED-based flashes.
Apple CEO Steve Jobs will take a leave of absence from the company for medical reasons, but will remain involved in major strategic decisions, the company said Monday. He will leave day-to-day operations to COO Tim Cook.
Google is developing a way for Microsoft Office users to edit documents collaboratively without using Microsoft's Sharepoint collaboration server. It also has plans to extend the ability to edit Google Docs documents to mobile phones and iPads too.
3M has agreed to buy biometric access control systems vendor Cogent for around US$943 million in cash.
Alcatel-Lucent's second-quarter revenue fell 2.4 percent year on year, dragged down by slow sales in fixed-line network equipment and terrestrial optical networks, but the company reduced costs, cutting its operating loss by two-thirds compared to a year earlier.
SAP reported a 15 percent year-on-year rise in earnings for the second quarter, on revenue up 12 percent. It forecast that underlying revenue growth in its core business of software and software-related services will accelerate following completion of its acquisition of Sybase.
IBM CEO Samuel J. Palmisano has concentrated power in the hands of fewer managers, including putting one person in charge of both software and hardware products, in an executive reshuffle announced in an internal memo on Monday.
Microsoft unveiled the next version of its operating system for mobile phones, Windows Phone 7 Series, featuring a move away from applications and towards functions.
Google has made investments in wireless networks, is testing gigabit-to-the-home technology, and is selling 60,000 Android smartphones a day -- yet has no plans to compete with network operators, CEO Eric Schmidt told attendees at the Mobile World Congress in Barcelona on Tuesday.
Jonathan Schwartz announced his resignation as CEO of Sun Microsystems in a message sent via Twitter early Thursday.