As expected, Dell released disappointing financial results for the first quarter. Profits fell by 79 percent due to sluggish PC sales. Ironically, those poor results could actually be good for founder Michael Dell, who wants to convince investors and the company board to accept his bid to take the company private. Computerworld’s James Niccolai reported, […]
Google Glass isn’t available to the general public yet, but that hasn’t stopped people from asking questions about the privacy implications of the device. Now lawmakers are getting into the action, sending a formal letter to Google asking for answers to their privacy questions. Claire Cain Miller with The New York Times reported, “Eight members […]
Four men who were part of the LulzSec hacking group have all received sentences for cyberattacks against the CIA, the Arizona State Police, the U.K.’s Serious Organised Crime Agency, Britain’s National Health Service, PBS, Nintendo, Sony, and others. Three were sentenced to between 20 and 32 months of jail time, and one received a suspended […]
A new report from the Fair Labor Association says that Apple supplier Foxconn has made tremendous progress toward improving working conditions at its facilities. However, the firm still needs to reduce the amount of overtime for its workers. Vindu Goel with The New York Times reported, “Foxconn Technology, the company that manufactures Apple’s popular iPads […]
Networking heavyweight Cisco reported third quarter financial results that exceeded Wall Street expectations. As a result, the company saw a sharp rise in its stock price. CNNMoney’s Julianne Pepitone reported, “Overall, Cisco earned $2.7 billion on $12.2 billion in sales for its third fiscal quarter. Both revenue and profits were up about 5% from a […]
According to market research firm IDC, Windows Phone is now the third most popular mobile platform, beating BlackBerry for the first time ever in the first quarter of 2013. However, it has a long way to go to catch Android, which accounted for 75 percent of the smartphone market. The Inquirer’s Lawrence Latif reported, “According […]
A new paper published in an academic journal argues that the Stuxnet malware, which was intended to damage Iran’s nuclear program, actually strengthened that program in the long run. The U.S. and Israel are widely believed to be responsible for the Stuxnet cyberattack. The Telegraph’s Jennifer O’Mahony reported, “Iran’s nuclear potential may have been significantly […]
On day one of its annual I/O developers conference, Google launched a couple of new services and showed off improvements for many of its existing ones. Here are a few highlights: The SFGate reported, “Google is making its strongest push yet to go after Facebook by revamping its Google+ social network with dozens of new […]
Hon Hai Precision Industry Co., also known as Foxconn, has posted a quarterly report that failed to meet analyst expectations. The poor showing resulted from a decline in orders from Apple, which has been using another Taiwanese supplier for some production. Bloomberg BusinessWeek’s Tim Culpan reported, “Hon Hai Precision Industry Co., the world’s biggest contract […]
Dell has announced plans to release its most recent quarterly report early, prompting widespread speculation that the results will be bad. The PC maker’s board is currently mulling over a privatization offer from founder Michael Dell and a competing buyout offer led by investor Carl Icahn and Southeastern Asset Management. Matt Egan with FOX Business […]
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