GOOG: Jury Rules no Infringement of Oracle Java Patents
Shares of Google (GOOG) are up $3.03, or half a percent, at $603.83 after a jury reportedly ruled the company did not infringe on Oracle‘s (ORCL) patents on the Java programming language, according to a brief item by wire services this afternoon. Ora...
FB Gives Up Some Gains as Investors Sue, Senate Calls for Probe
Shares of Facebook (FB) are up 78 cents, or 2.5%, at $31.78 as the pressure continues to mount over the company’s IPO last Friday. The stock has retreated from a high of the day of $32.50. CNBC is reporting that the Senate Banking Committee has calle...
HP Falls Ahead of FYQ2 Report: Mizuho, JP Morgan Cautious Post-Dell
Shares of Hewlett-Packard (HPQ) are down $1.04, or almost 5%, at $20.74, in sympathy with Dell (DELL), which last night reported disappointing fiscal Q1 results and a Q2 revenue outlook below consensus. HP reports fiscal Q2 results this afternoon. Anal...
Dell Off 17%: Mizuho Says Hold; Even Bulls Disheartened
Shares of Dell (DELL) are down $2.56, or 17%, at $12.52, this morning after the company last night reported weaker-than-expected fiscal Q1 results, and projected Q2 revenue growth below consensus, and said it had to make changes to its sales stra...
Seagate to Buy Consumer Drive Designer LaCie
Seagate said it would buy consumer drive maker LaCie for $186 million. Disk drive maker Seagate Technologies (STX) this morning announced it would purchase 65% of stylish consumer drive maker LaCie SA (LAC), traded on the Paris stock exchange, and inte...
Apple: Ive Knighted, Tells Telegraph Current Project ‘Best Work We’ve Done’
Apple VP of industrial design Jonathan Ive has been with the company since 1992. He received a knighthood at Buckingham Palace on Wednesday. In case you missed it, U.K. paper The Telegraph’s Shane Richmond had an interview this morning with Sir Jonat...
This Morning: Facebook Up 4% Despite Headlines, Alcatel Vies with JNPR, CSCO
Here are some things going on this morning in your world of tech: Shares of Facebook (FB) have turned positive despite adverse headlines. The stock opened at $31.37, up about 1% from yesterday’s close, after rising in pre-market trading, and is now u...
Dell Off 12% on Weak Q2 View; Laptop Sales Hit by ‘Alternatives’
Shares of Dell (DELL) are down $1.12, or 7%, at $13.96, after the company this afternoon reported fiscal Q1 revenue and earnings per share below analysts' estimates, and forecast a Q2 revenue rise less than expected.
Revenue in the three months ende...
Apple and Samsung: You’re Either With ‘Em, or Up Against ‘Em, Says Barclays
Barclays Capital‘s Ben Reitzes this afternoon reiterates an Overweight rating on Apple (AAPL) shares, writing that the stock can see further gains as it “extracts more profits out of the traditional PC and mobile phone industries.” In fact, his r...
Analog Devices FYQ2 Beats, Q3 Rev View Light
Shares of chip maker Analog Devices (ADI) are down 93 cents, or 2.6%, at $34.87 after the company this afternoon reported fiscal Q2 revenue and profit ahead of analysts’ expecations, but forecast this quarter’s revenue growth lower than expected. R...
AVGO FYQ2 EPS Beats, Q3 Rev View Light; Shares Rise
Shares of wireless chip maker Avago Technologies (AVGO) are up 93 cents, or 3%, at $32.20 in late trading after the company this afternoon reported fiscal Q2 revenue in line with expectations and profit slightly better than expected, but forecast this ...
ooVoo launches new Facebook and iPad apps
Since its launch in 2007 ooVoo has helped refine the consumer video chat market with its free high definition app. In the process it has become a favourite with the teenagers and young adults under 25 who make up more than two thirds of its 46m users.
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