HTC Forecasts Higher Fourth-Quarter Sales; Above Market Estimates

October 31, 2014 | Tags: , , ,

Taiwanese smartphone maker HTC said on Friday that it expects revenue in the fourth quarter to reach T$43 billion-T$47 billion ($1.4 billion-$1.57 billion), beating market expectations of T$41.5 billion. The forecast was also better than the T$41.86 billion revenue in the third quarter, the company said in a statement, without elaborating. Gross profit margin in […]

Microsoft Unveils Fitness Gadget, Health Tracking

October 30, 2014 | Tags: , , , , ,

Microsoft is releasing a $199 fitness band that also checks your email and even pays for coffee as the software company seeks to challenge Apple and others in the still-infant market for wearable devices. The Microsoft Band will work with the company’s new Microsoft Health system for consolidating health and fitness data from various gadgets […]

Time Warner Cable Loses More Video Customers in Latest Quarter

October 30, 2014 | Tags: , , ,

Time Warner Cable Inc, the No. 2 U.S. cable TV operator, lost more video subscribers than analysts had expected in the third quarter as more customers opt for internet streaming services offered by companies such as Netflix. Time Warner Cable lost a net 184,000 household video customers in the three months ended Sept. 30, far […]

IBM, Twitter to Partner on Business Data Analytics

October 29, 2014 | Tags: , , , , ,

IBM on Wednesday announced a partnership with Twitter to help shape business decisions using data collected from tweets worldwide. IBM will help businesses predict trends in the marketplace and consumer sentiment about products and brands and will train 10,000 employees to consult businesses on the best use of Twitter data. IBM chief executive Ginni Rometty has […]

Facebook Third-Quarter Revenue Rises 59 Percent, Shares Down Slightly

October 28, 2014 | Tags: , , ,

Facebook mobile ads powered the social network past Wall Street revenue targets in the third quarter, even as the company revealed deep losses in its recently acquired WhatsApp business. Shares of Facebook, which are roughly up 47 percent this year, were down less than one percent at $80.20 in extended trading on Tuesday. Facebook said revenue in […]

Alibaba’s Ma Says Open to Working with Apple on Payments

October 28, 2014 | Tags: , , ,

Alibaba executive chairman Jack Ma said he’s open to working with Apple on mobile payments, as China’s richest person prepares to call on Hollywood this week in search of media partners. Alibaba affiliate Alipay is China’s largest payments service, while Apple just this month debuted its own version of a mobile wallet, letting iPhone 6 users make […]

Apple CEO Fires Back as Retailers Block Pay

October 28, 2014 | Tags: , , , , , ,

Apple CEO Tim Cook fired back at CVS and Rite Aid on Monday after the drugstore chains blocked the iPhone maker’s mobile payments service, saying there were plenty of other retailers around the world to sign up. Apple Pay launched about a week ago and saw more than a million credit cards registered over the […]

Apple CEO Challenges Home State on LGBT Rights

October 27, 2014 | Tags: , , , ,

Apple CEO Tim Cook is challenging his home state of Alabama to do more to ensure the rights of people based on sexual orientation and gender identity. Cook says educational equality is also a key civil rights issue. He says Apple is giving $100 million for technology for 114 schools in 29 states to help. […]

Italian Lawmakers Plan Free Wi-Fi to Bridge Digital Gap with Europe

October 26, 2014 | Tags: , , , , ,

Italian lawmakers have put forward a proposal for free Wi-Fi in thousands of public places to bridge a gap with other European countries in broadband penetration, e-government and other digital services that is dragging on the economy. Under the plan, large shops, taxis, airports, law courts and other public places would have to set up […]

Cloud Business Lifts Microsoft’s Quarterly Results

October 25, 2014 | Tags: , , ,

Microsoft’s quarterly profit and revenue sailed past expectations Thursday, as CEO Satya Nadella’s push to embrace cloud computing and diversify into mobile devices helped lift sales by 25 percent. Revenue from cloud services, including software delivered over the Internet, more than doubled last quarter at a time when some of Microsoft’s better-known segments are slowing. […]