According to Microsoft’s Chief Research and Strategy Officer, Craig Mundie profile page (via The Next Web) on the Microsoft website, Mundie has moved in a new role as company’s senior advisor to company’s CEO Steve Ballmer, means Mundie now will take care of “key strategic projects within the company.” While, according to an internal memo seen by AllThingsD,...
BlackBerry maker Research In Maker has announced its third quarter results for the three months ended December 1, 2012. The company reported the revenue of $2.7 billion with GAAP net income was of $14 million, or $0.03 per share diluted, including a $166 million favourable tax settlement. The cash increase was of approximately $600 million to $2.9 billion while the cash flow from operations was approximately $950 million. The company further reported an adjusted net loss of $114 million, or $0.22 per share diluted. The BlackBerry subscriber...
According to WP Central, Microsoft is rolling out preview of Skype for Windows Phone 8, although the users in US and UK have already managed to download the app with some defining that the app keeps users online via the cloud and all that without using up battery on the phone. Also to note for some users, the link not work it out so in order to try your luck and...
With the turmoil taking place in European economy with Greece in major is in the worst stage day by day, the hacker group Anonymous has hacked the Greek Ministry of Finance and even released documents, reports The Next Web. Anonymous posted the hacked files on pastebin with the following message: Greetings citizens of the world Greetings citizens of Greece We are...
The Japanese tack giant Sony today finally detailed out its restructuring plans for its Japan-based business with the closing of a lens factory, resulting in a layoff of 2,000 jobs through an early-retirement scheme. Sony says the changes make its electronic business “revitalize and grow,” with certainly the move it is expecting to save 30 billion yen (about $378 million) annually next year. If goes with what it all said, the early-retirement plan will going to have the major impact on the company’s head office, where it says around...
HP back in May while announcing its Q2 results, confirmed that it will be laying down around 27,000 jobs, but with report from Reuters today stated that company increase the total number of job cuts count by 2,000 over the next two years, bringing the total layoff to 29,000 employees. The company had decided to cut jobs through a combination of involuntary cuts and...
Editor’s Note: Guest Author Pradeep Yadav, a technology lover, analyzer and love reporting about different technologies. Sharp is seeking more than $1.27 billion for the plant in Sakai, western Japan, and by offloading office buildings in Tokyo, the Yomiuri daily (via Reuters) reported. Sharp spokeswoman Miyuki Nakayama said that “It is true that we are considering a number of options, and we will announce these when a decision has been made,” The company reported disappointing quarterly results which came with news that...
Sharp today reported its first quarter results, ended June 30, 2012 with an operating loss of ¥ 94.1 billion ($1.20 billion) from a ¥3.5 billion profit a year earlier, blaming TV demand and an overcapacity at its main liquid crystal display plant weighing on earnings. The company is also considering its first major layoffs of 5,000 people, Reuters reports citing “source familiar with the matter” (earlier estimate was that of 3,000 layoffs). The company posted its worst net loss in a century in the last financial year. Sharp plans...
With as earlier rumors, The Japan Times confirming on this – citing sources – reporting that Sharp soon to be seen laying off its 3,000 jobs or around 15 percent of its total workforce, through early retirements and natural reductions. The company as by end-May has 21,000 people working under it, but now with the sudden changes, the company soon to be seen talking with labor union on the planned job cuts. The company faces a net loss of 100 billion yen (about $1.28 billion) for the April-June quarter, so such cut is natural. We are...
As expected, IBM just announced its quarter second results with diluted earnings of $3.34 per share, compared with diluted earnings of $3.00 per share in the second quarter of 2011, an increase of 11 percent. Operating (non-GAAP) diluted earnings were $3.51 per share, compared with operating diluted earnings of $3.09 per share in the second quarter of 2011, an increase...
