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b>SAN FRANCISCO:/bSales of server chips saved Intel Corp's fourth quarter, as net income jumped 48% mainly on strong demand from corporations. Yet the sour economy and the rise of smaller and sleeker gadgets such as the iPad have hurt consumers' appetite for new PCs, depressing that part of Intel's business.
Verizon Communications Inc said an ongoing strike by its wireline workers was expected to hurt earnings in the current quarter, even as it reported first-quarter net income that met analyst expectations amid strong tablet sales.
b>SAN FRANCISCO:/bOracle Corp's net income swelled 20% in the latest quarter as the world's biggest maker of database software prospered from freer technology spending by corporations.
Japanese messaging app operator Line Corp said net income swung to profit in the third quarter, as advertising sales increased after it introduced a new platform in June for hosting digital ads.
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.