Technology News


Yahoo's revenue drops 4 percent, misses estimates

- Yahoo Inc reported first-quarter revenue below analysts' estimates as the veteran internet company struggles to rev up its core online advertising business.

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Broadcom profit beats as demand rises from smartphone makers

- Wireless chip maker Broadcom Inc reported higher-than-expected quarterly revenue and profit, helped by strong sales of its WiFi and broadband chips to handset makers such as Apple Inc and Samsung Electronics Co Ltd.

4:38pm EDT

Nokia bets software revolution will help avoid past merger errors

PARIS/HELSINKI/STOCKHOLM - Nokia's acquisition of smaller rival Alcatel-Lucent may avoid the pitfalls that befell earlier telecom network equipment marriages, thanks to a revolution over the past decade in how products are launched and developed.

11:52am EDT

BlackBerry to buy WatchDox to bolster data security

TORONTO - BlackBerry Ltd said on Tuesday it is acquiring privately-held U.S. tech company WatchDox, which makes software that secures files for clients ranging from private equity firms to Hollywood studios, in a bid to boost its security offerings.

Deals 11:10am EDT

EU Google probe encourages investors in Russia competitor Yandex

NEW YORK - The European Union's antitrust probe into Google sparked a big rally in Russian search engine Yandex NV last week, even though the "Russian Google" still faces significant challenges, competitive and otherwise.

10:57am EDT

Verizon profit beats estimates as more users sign up

- Verizon Communications Inc's quarterly profit beat analysts' expectations, helped by higher net addition of postpaid subscribers as users added more devices to data plans. | Video

11:00am EDT