SAN FRANCISCO (AFP) – Microsoft posted quarterly net income of $5.11 billion on record-high revenue on the cusp of what executives billed as a huge ”product launch wave” promising even better days ahead.
”We’re driving toward exciting launches across the entire company, while delivering strong financial results,” chief executive Steve Ballmer said as the earnings results were announced on Thursday.
Read the rest of this entry »
A new report by Access on the future of technology in the UK predicts that most businesses will need to radically change the way they are structured in order to adapt to an increase in connectivity and the rise of the virtual office.
Read the rest of this entry »
SAN FRANCISCO (Reuters) – Google Inc’s results trounced Wall Street expectations with the help of strong advertising sales and deft cost controls, driving its shares roughly 6 percent higher.
The Internet search and advertising leader, benefiting from a growing online ad market and sharper research focus, increased its profit by 26 percent and revenue by 37 percent in the third quarter.
A darkening economic outlook — particularly in Europe, had stoked worries about advertising growth. But Google’s revenue and paid-clicks performance boded well for the fourth quarter, analysts said.
Read the rest of this entry »
Identity Theft 911, the nation’s premier provider of identity and data risk management services, today announces its all-new eLearning Platform designed to offer customizable online training as a complement to its identity theft and small to mid-sized data breach avoidance and resolution services.
Read the rest of this entry »
Bangalore (Reuters) – AT&T Inc can lower the price it pays for T-Mobile USA Inc if the remedies requested by regulators become too expensive, a Bloomberg report said, citing three people with direct knowledge of the merger contract.
AT&T would be able to pay less than the deal’s original $39 billion value if regulators demand asset sales that surpass 20 percent of that figure, or about $7.8 billion, the report cited unnamed people as saying.
Read the rest of this entry »
Subscribe to Feeds Cash Subsidy