Red Hat records yet more revenue growth and announces acquisition of 3scale to bolster API management credentials
TECHNOLOGY POWERING BUSINESS
News financials
Plummeting Smartphone Sales Push HTC Further Into The Red
64 percent fall in revenues during first quarter means that HTC will be relying heavily on its new releases for a return to profit in 2016
Amazon Profits As AWS Cloud Pays Off
Amazon smashes analyst expectations as revenues and profits soar due to strong cloud and retail performance
Facebook Triples Profit As Advertising Revenue Soars
Facebook nearly doubles its revenue, as advertising budgets shun traditional media and move online
IBM Boss Rometty To Pocket £3m Bonus For 2016
Despite 15 back to back quarters of revenue decline, Rometty's bonus boost is almost $1m more than last year's
Symantec Will Lose Out On $1bn Cash With Veritas Sale
Veritas buyer Carlyle Group and Symantec amend original $8bn deal after "uncertainties" arose
HP’s Final Results Show PC, Printer Challenges
Final set of financials before the HP split reveals declines in PCs and printers, but enterprise growth
Facebook Users Cross Billion Threshold As Mobile Ads Grow
Facebook averages over one billion users a day, as mobile continues to be principle growth driver
Toshiba Loses £209m After Accounting Scandal
Fallout from accounting scandal continues to rock Japanese firm after it posts annual loss of £209m
HP Battered By PC Sales Slump
Revenues falls more than 8 percent in quarterly results as HP split appears on the horizon
Sony’s Positive Q1 Helped By PS4, Despite Mobile Decline
Sony performs strongly, but its smartphone business remains a problem with sales down 16 percent
IoT And Smartphone Deals See ARM In The Money
Stronger than expected performance thanks to licensing deals and M2M focus
BlackBerry Licensing Growth Offsets Revenue Decline
Investors happy with BlackBerry performance despite year-on-year falls in revenue
Oracle Revenue, Profits Flat, Miss Wall Street Projections
Company's fourth-quarter profits fell to $2.78 billion from $3.6 billion in the same period a year ago; currency exchange cited as part of the problem
Toshiba Moves Accounting Probe Into Chip Business
Following an independent investigation set up earlier in May, Toshiba will now probing accounting irregularities in its TV, PC and Chip divisions
Huawei’s Net Profit Up 33 Percent
Huawei posts strong growth in all three business areas with its smartphones coming out on top
Smartphones And 4G Pushes ZTE To Huge Profits
Chinese company looking to take control of the Android market
Box Says Its On Road To Profitability Despite Growing Losses
Box publishes first results since its long-awaited IPO in January
‘Much Remains To Be Done’ In IBM Transformation, Says Rometty
Annual chairman's letter highlights cloud, big data and mobile as key factors for future of company
Snapchat Seeks £12 Billion Valuation
No disappearing act for Snapchat as app wants to raise $500 million in funding
IBM Executives Pocket Bonuses Despite Revenue Fall
CEO Ginni Rometty in line for £2 million 'incentive' and a six-figure pay rise
Samsung Loses More Ground In Smartphone Market
Samsung woes continue as poor smartphone sales hit Q4 profits
iPhone 6 and 6 Plus Sales Help Push Apple To Highest Earnings Ever
Apple goes all-out for world domination with record quarter, including $18bn (£11.8bn) in profits
Samsung – “Don’t Worry, We’re Not Buying BlackBerry”
Reports had claimed Samsung was in talks to acquire the beleaguered smartphone maker for $7.5bn
Smartphone Sales Send Huawei To New Profits High
Mobile devices and networking equipment revenue drives 17 percent total rise in Huawei profits during 2014
Samsung Profits Hit By Falling Smartphone Sales
Company hopes for Christmas windfall from wearable devices as consumer demand increases
Facebook Slides After Heavy Spend Prediction
Facebook records more stunning results, but Wall Street takes fright at prediction of heavy spending
Microsoft Results Impress Despite Profit Squeeze
Microsoft beats Wall Street expectations, but profits still feel the impact of restructuring and Nokia buy
EE Becomes Europe’s Biggest 4G Provider
However operator also reports fall in revenues due to regulatory pressures
Intel Grows Profit As PC Recovery Continues
Slowing demand for tablet devices and a healthy PC market help Intel's growing financial strength