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Technology 08 Feb 2017 | 9:06 AM

Videogame publisher Take-Two lowers full-year profit forecast

Take-Two Interactive Software Inc, best known for its hugely popular Grand Theft Auto videogame series, cut its profit forecast for its fiscal year 2017, largely due to higher royalty payments.

TECH 27 Jan 2017 | 10:48 AM

Microsoft profit up as demand for cloud service soars

Microsoft Corp reported a 3.6% rise in fiscal second-quarter profit on Jan 26, helped by growth in its fast-growing cloud computing business.

Technology 03 Nov 2016 | 11:07 AM

China's Lenovo swings to Q2 profit on property sale

China's Lenovo Group Ltd, the world's largest personal computer (PC) manufacturer by shipments, said it returned to profit in its second fiscal quarter, beating analyst estimates, due primarily to gains from an asset sale.

TECH 28 Apr 2016 | 7:09 AM

Sony logs biggest FY profit in 8 years on restructuring, games

Japanese electronics maker Sony Corp on April 28 reported its biggest annual operating profit since fiscal 2007, due to restructuring its struggling smartphone business and brisk demand for PlayStation 4 videogames.

TECH 22 Mar 2016 | 10:00 PM

Number of US government 'cyber incidents' jumps in 2015

The US government was hit by more than 77,000 "cyber incidents" like data thefts or other security breaches in fiscal year 2015, a 10% increase over the previous year, according to a White House audit.

TECH 15 Mar 2016 | 9:43 AM

Toshiba to unveil business plan on Friday

Japan's Toshiba Corp announced it will unveil on Friday its business strategy for the next fiscal year, which, analysts say, will include plans to boost its finances after a US$1.3bil (RM5.38bil) accounting scandal.

TECH 25 Feb 2016 | 6:30 AM

HP to accelerate job cuts

HP Inc said it was accelerating its restructuring programme and now expects about 3,000 people will exit by the end of fiscal 2016 instead of over three years as it announced in September.

TECH 25 Apr 2014 | 12:45 PM

Apple's sales boom in Communist Vietnam

Communist Vietnam is suddenly Apple Inc's hottest market after sales there tripled in its fiscal first half, a growth rate five times faster than in India where it is spending heavily in a battle for market share.

Technology 06 Nov 2014 | 1:20 PM

Lenovo Q2 net profit climbs 19% as PC market share grows

Lenovo Group Ltd, the world's biggest maker of personal computers (PCs), said net income jumped 19% in the second fiscal quarter, beating estimates, as it tightened its hold over global PC sales even as the broader market shrunk.

TECH 28 Oct 2015 | 1:36 PM

Robust iPhone sales boost Apple's chip suppliers

Shares of companies that sell semiconductors to Apple Inc got a shot in the arm on Oct 27 after the iPhone maker posted a fiscal fourth-quarter report that pleased Wall Street.