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Intel: The return on investment for PC refresh
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John Mahvi from Intel IT diagrams the financial logic the company uses to justify a regular refresh of Intel's PC fleet. By maintaining a refresh cadence of approximately 3 years, Intel gains the benefits of increased security and manageability capabilities, increased productivity and lower overall costs.
Mobile helps boost eBay's revenue 18% last quarter, 21% on-year
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Topping analyst expectations of $0.69 per share on $3.976 billion revenue for the fourth quarter, eBay has posted earnings of $0.70 a share ($927 million) on $4 billion for the recently passed period, marking an 18% boost in revenue from the same time in 2011. Likewise, the company...
Trojan bypasses two-factor authentication, steals $46.5 million
- A sophisticated, multi-layered trojan dubbed "Eurograbber" is estimated to be responsible for siphoning over €36 million -- or about $46.5 million -- from the bank accounts of unsuspecting Europeans. In a case study (pdf) performed by Versafe and Check Point Software Technologies, researchers reveal…
Dell and HP report poor second quarter results
- Dell has posted second quarter financials and the prognosis is pretty bleak. The PC business posted revenues of $2.6 billion which is 22 percent less than the same time period last year. The overall picture isn’t as bad, however, with…
Sony posts record high $5.7 billion annual loss, worst in company history
- Sony has posted a record annual net loss of $5.7 billion, or $5.55 per share, marking its fourth straight year in the red highlighted by declining sales company-wide. The loss is the largest in the company’s 66-year history and close…
Insider reveals Facebook's $3.5bn cash hoard
- Facebook is sitting on a massive $3.5bn in cash according to a well-placed mole's leaked figures, revealing that the social networking giant is earning considerably more money than first believed.
Groupon becomes largest Internet IPO since Google, raises $700 million
- Groupon has raised $700 million in its initial public offering and is currently trading much higher than the original $20 per share asking price. The daily deals company managed to sell 35 million shares at $20 each, thus becoming the…
Apple earnings are up, but miss Wall Street expectations
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Apple yesterday announced financial results for its fiscal 2011 fourth quarter ended September 24, 2011. The company reported revenues of $28.27 billion and earnings of $6.62 billion, or $7.02 per share. But the numbers still came lower than Wall Street consensus estimates...
ARM signs 29 licensing deals, ships 1.9 billion chips in Q2
- ARM Holdings has posted better-than-expected results for its second quarter and half year ended June 30, 2011. The British giant, whose processor designs are used by Samsung Electronics, Qualcomm and Texas Instruments, says it signed 29 new licensing agreements during…
Sony: PSN security breach cleanup to cost $171 million
- It's been a dire year for Sony with the combined disruption from the Japanese earthquake and the damage caused by the PSN hack. The company is due to release a financial report on Thursday, but on a preliminary financial update…
Financial Times names Steve Jobs Person of the Year
- Apple CEO Steve Jobs has been named Person of the Year by The Financial Times. Love him or hate him, it's pretty much widely accepted that Jobs has managed to make Apple very successful in the last few years.
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Microsoft backtracks: Drops daily check-ins, used games restrictions on Xbox One
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Cookie-blocking browser plugin Ghostery feeds data to the ad industry
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China reclaims world's fastest supercomputer title
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Games get traded in because they are too short, Avalanche boss says
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AT&T unleashes solar-powered phone chargers into New York parks
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