IBM seeks $167 million in settlement from Groupon
IT giant IBM (IBM) and coupon site Groupon (GRPN) have been at war over patents since 2016. IBM had accused...
Technology
Microsoft earnings preview: Expect thunderstorms out of the cloud
Microsoft (MSFT) is set to report its fourth quarter and full-year 2018 results on Thursday after the closing bell. The...
Deal Alert: Walmart, Microsoft find a common enemy in Amazon
Less than a week after striking a crucial deal with data-warehousing start-up Snowflake Computing to offer the latter’s service on...
FCC raises concerns over Sinclair-Tribune transaction
The ambitious merger between the most diversified local TV station operators, Sinclair (SBGI) and Tribune Media (TRCO) is in jeopardy...
Netflix downgraded to HOLD, price target lowered
Only hours after investors sent Netflix (NFLX) shares tumbling 13% following its second-quarter earnings results, Deutsche Bank downgraded the stock...
Fantastic Four: Top 4 tech stocks hit 52-week highs on Friday
At a time when some analysts predict a pullback in the Wall Street, four major tech stocks hit their new...
AMD stock inches higher on growth prospect
Advanced Micro Devices (AMD) stock inched higher on Monday, with shares jumping more than 21% in the past 52 weeks...
Netflix stock slides on disappointing subscriber growth in Q2
Shares of Netflix (NFLX) fell sharply on Monday after the streaming giant reported lower than expected subscriber growth for the...
IBM earnings preview: the Cloud might rain profits
IBM (IBM) is predicted to report its earnings after the market close on Wednesday. Most of the analysts are looking...
Microsoft calls for stricter regulation of face recognition tech
Microsoft (MSFT) has always upheld certain principles while carving a niche for itself in the tech industry, and one of...
DOJ unwilling to let go, plans appeal against AT&T-Time Warner deal
The US Department of Justice will appeal against the approval of AT&T’s (T) acquisition of Time Warner (TWX). Following a...
Tech stocks returned maximum value to investors in last 5 years: BCG
Eight out of the top 10 value-creation stocks compiled by BCG came from technology or semiconductor industries. Nvidia (NVDA) and...
Infosys misses Q1 earnings estimates; maintains FY19 outlook
Software services company Infosys (INFY) reported a marginal decline in its earnings for the first quarter of 2019, missing the...
MacBook gets a surprise makeover, with extra speed and power
The credit for Apple’s (AAPL) improved position in the global PC market this year mainly goes to MacBook, its flagship...
Uber axes self-driving vehicle operators in Pittsburgh and SF
Three months after a self-driving Uber car killed a 49-year-old woman during its testing operations in Arizona, the ride-hailing company...
Netflix earnings preview: Get ready to hit the bull’s eye
Netflix (NFLX) is scheduled to report second-quarter results on July 16 after the closing bell and the bulls are getting...
For you, a thousand times over, Comcast tells Sky with a higher bid
Comcast Corporation (CMCSA) raised its offer for Sky plc (SKY) to $34 billion, beating 21st Century Fox’s (FOX) $32.5 billion-bid....
Snowflake-Microsoft deal shows retailers prefer Azure over Amazon Web Services
With the reach of cloud services expanding to new markets rapidly, corporate computing is undergoing a revolution. The mass migration...
Alphabet’s Verily teams up with ResMed to tackle sleep apnea
The healthcare-based subsidiary of Alphabet (GOOGL), Verily, and medical equipment company ResMed (RMD) will join forces to form a JV...
ZTE gets help from US government to end export ban
The US Commerce Department signed an agreement with ZTE Corp. that will help ease the restrictions on the Chinese firm...
Broadcom turns to software with odd $19-billion deal
Raising many an eyebrow, Broadcom (AVGO) announced that it would buy CA Technologies (CA) for $18.9 billion in cash. This...