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Technology 15 Jan 2016 | 7:50 AM

Progress Software exploring sale: sources

Business software company Progress Software Corp is considering a sale as part of an exploration of strategic alternatives and has spoken to private equity firms about a potential deal, according to people familiar with the matter.

TECH 29 Dec 2015 | 7:30 AM

Toshiba seeks more funds for restructuring

Toshiba Corp, reeling from a US$1.3bil (RM5.58bil) accounting scandal, intends to ask for an additional 300bil yen (RM10.69bil)) in credit lines by the end of January to fund a large-scale restructuring, the Nikkei business daily reported.

Apple 28 Oct 2013 | 11:15 AM

Apple's iPhone sales, holiday quarter up for scrutiny

Apple Inc's iPhone sales and revenue forecasts, due to be released on Monday, may offer clues as to whether its low-cost 5C model missed the mark or whether the world's largest tech company can continue its run of smash-hit gadgets.

TECH 14 Nov 2013 | 12:11 PM

Cisco warns US spying fallout hitting revenue in China

Cisco Systems Inc warned its revenue would dive as much as 10% this quarter, and keep contracting until after the middle of 2014, as a backlash against US government spying contributed to plummeting demand in emerging markets like China.

Lenovo 07 Nov 2013 | 3:36 PM

Lenovo profit leaps as it extends shift to smartphones, servers

China's Lenovo Group Ltd, the world's biggest personal computer maker, said net profit jumped over a third to a quarterly record as it extended its cruise into smartphones and data servers to offset a global decline in PC sales.

Sony 07 Nov 2013 | 12:37 PM

Sony suffers TV relapse as Japan peers change channel

Sony Corp CEO Kazuo Hirai's determination to stick to the consumer electronics that made the company's fame will be put to the test in the months ahead as domestic rivals step up a shift to more profitable industrial technology.

Technology 21 Oct 2014 | 12:13 PM

New iPhones deliver big profits for Apple

The new big-screen iPhones helped propel Apple's profit and revenue in the past quarter, as the California tech giant delivered stronger-than-expected results.

Technology 07 Oct 2015 | 5:44 PM

Sony may consider options for smartphone unit if no profit next year

Sony Corp's chief executive flagged next year as a make-or-break year for its struggling smartphones, saying it could consider other options for the business if it failed to turn profitable.

Technology 28 Oct 2015 | 12:55 PM

iPhone sales fuel Apple profit boost

Apple said that surging iPhone sales helped propel a sharp rise in quarterly profits, as the tech giant delivered a record 48 million of the smartphones.

Technology 18 May 2011 | 12:00 AM

HP cuts outlook on services revamp

b>NEW YORK:/bHewlett-Packard Co is bracing for weaker financial results this year as it overhauls its services business to undo what its CEO described as years of neglect under his predecessor.