LOS ANGELES (AP) - Microsoft has unveiled Surface, a tablet computer to compete with Apple's iPad. CEO Steve Ballmer was on hand to announce the new tablet, calling it part of a "whole ...
SAN FRANCISCO (AP) - Oracle's latest quarterly earnings climbed 8 percent, beating analysts' expectations. The business software maker surprised investors by releasing the results Monday. The fiscal fourth-quarter report had been scheduled to come out Thursday. Oracle Corp. didn't give a reason for the change of plans. The numbers came out after several analysts ...
MENLO PARK (AP) - Facebook is bringing one of its long-term vendors, facial-recognition technology company Face.com, in-house. The Israeli company's technology helps people tag photos on the Web by figuring out who is in the pictures. Face.com announced the purchase on its blog on Monday. Financial terms were not disclosed. Face.com did not say ...
SAN DIEGO (AP) - Mobile phone chipmaker Qualcomm Inc. has purchased programmable circuit developer Summit Microelectronics, which will broaden its product offerings. Financial terms were not disclosed. "This acquisition enhances the competitiveness of Qualcomm's chipset solutions and enables us to provide our customers with industry leading power management and charging performance," Steve Mollenkopf, Qualcomm's president and chief operating ...
NEW YORK (AP) - Computer maker Dell Inc. is planning to trim its expenses by more than $2 billion during the next three years as it tries to move into the more lucrative areas of technology. Dell outlined its cost-cutting plans Wednesday, the day after the company committed to paying the first quarterly dividend in its 28-year history. The quarterly dividend of ...
NEW YORK (AP) - Taco Bell plans to test a "Power Protein" menu that it's hoping will eventually be hit with its core audience - young men. The chain says it will start testing the menu July 25 at about 40 locations in Dayton, Ohio. The burritos and bowls will have double portions of chicken or steak, and toppings such as corn, guacamole and reduced fat sour cream. They'll be made with existing ingredients, including ...
SUNNYVALE (AP) - Yahoo is the latest company to disclose how many requests for user data it has received from U.S. government agencies, putting the number between 12,000 and 13,000 in the six months that ended on May 31.
NEW YORK (AP) - A former intern filed a class-action lawsuit Monday against Warner Music Group and Atlantic Records over his unpaid internship, similar to a spate of recent lawsuits in other industries pushing back against the widespread practice.
MOORESVILLE, N.C. (AP) - Lowe's plans to expand its California presence with an acquisition of Sears spinoff Orchard Supply Hardware Stores for about $205 million in cash. Orchard Supply filed a voluntary Chapter 11 bankruptcy petition on Monday, so the offer from Lowe's will become the "stalking horse" bid for an auction of Orchard's assets. Such a bid sets the floor for an auction process that lets competitors make better offers. The California market is ...
WILKES-BARRE, Pa. (AP) - A single mother who worked briefly at a northeastern Pennsylvania McDonald's franchise is suing the owners after she said she was given a fee-laden debit card and told that she must use it to access her earnings.