Technology News

The signboard of United Microelectronics Corp (UMC) is seen in Xinchu, the south city of Taipei, Taiwan January 10, 2006. REUTERS/Richard Ch

Wed, May 23, 2012

Taiwan's UMC says to invest $8 billion in 12-inch wafer fab

TAINAN, Taiwan (Reuters) - Taiwan's UMC, the world's No.2 contract chip maker, said it will invest $8 billion in a 12-inch wafer ...

Wed, May 23, 2012

Knight Capital hit by Facebook loss, wants Nasdaq to pay

By John McCrank and Ashutosh Pandey

(Reuters) - Electronic trader Knight Capital Group said it suffered a pre-tax loss of $30 million to $35 million ...

Wed, May 23, 2012

RIM's head of global sales leaving BlackBerry maker

By Alastair Sharp

TORONTO (Reuters) - The head of global sales at Research In Motion Ltd has resigned to take on a leadership role in ...

Wed, May 23, 2012

Intersil to cut jobs as costs mount

(Reuters) - Chipmaker Intersil Corp will reduce its workforce by 11 percent to cut costs and revamp its product portfolio.

The company expects to incur ...

Traders work at the kiosk where Pandora internet radio is traded on the floor of the New York Stock Exchange. REUTERS/Brendan McDermid

Wed, May 23, 2012

Pandora Media raises outlook as more people tune in

By Jennifer Saba

(Reuters) - Online streaming music service Pandora Media Inc reported better-than-expected revenue and raised its full-year guidance as more people tuned in ...

Wed, May 23, 2012

Europe weighs on NetApp's outlook, stock slumps

By Noel Randewich

SAN FRANCISCO (Reuters) - NetApp Inc on Wednesday forecast revenue below Wall Street's expectations and its chief executive warned of uncertainty ...

Wed, May 23, 2012

HP to lay off 27,000, profit slides 31 percent

By Poornima Gupta

SAN FRANCISCO (Reuters) - Hewlett Packard Co plans to lay off roughly 27,000 employees or about 8 percent of its workforce ...

Wed, May 23, 2012

Apple: U.S. e-book lawsuit "fundamentally flawed"

By Jonathan Stempel

(Reuters) - Apple Inc is rejecting charges that it conspired to fix prices of electronic books, calling the U.S. government's ...

Wed, May 23, 2012

Jury deals big blow to Oracle in Android case versus Google

By Dan Levine

SAN FRANCISCO (Reuters) - Google Inc's Android mobile platform has not infringed Oracle Corp's patents, a California jury decided, putting ...

Wed, May 23, 2012

Obama orders agencies to shift services to mobile apps

By Jasmin Melvin and Alister Bull

WASHINGTON (Reuters) - President Barack Obama, hoping to spur U.S. innovation in the explosive field of mobile communications ...