EMC recently reported its second-quarter 2015 financial results. EMC generated $1 billion in operating cash flow and $647 million in free cash flow in the second quarter, and ended the quarter with $14.8 billion in cash and investments.
IBM continues to expand cloud technology patent portfolio
According to an IBM tally released recently, the US Patent and Trademark Office has issued more than 1,200 patents to IBM related to cloud technologies during the past 18 months, with 400 of those issued so far in 2015.
White House rejects petition for Snowden
According to recent reports, US President Barack Obama will not pardon National Security Agency leaker Edward Snowden, despite the strong petition from the public.
Facebook revenue surges in Q2 2015
Facebook has posted strong sales results for the second quarter, showing continued success in its advertising business, though its costs also rose sharply.
Samsung profits drop during Q2 2015
Samsung has suffered falling sales and profits during the April to June period due to the lack in demand for its flagship Galaxy S6 smartphone and higher marketing costs.
10 things to expect from Windows 10
With the worldwide release of Windows 10 today, we bring you the top 10 features you can expect from the new OS.
Cisco names two members of the new CEO’s team
Zorawar Biri Singh, Senior Vice President and CTO, Platforms and Solutions, and Kevin Bandy, Senior Vice President and Chief Digital Officer, will both report to Robbins.
Oracle, Google to head back to courts for Java dispute trial
According to recent reports Oracle and Google have each proposed new dates for the jury trial in their dispute over Google’s use of Java in Android.
Cisco to sell Connected Devices unit to Technicolor
Cisco Systems recently announced plans of selling its Connected Devices division to French firm Technicolor.
Cisco closes Invicta storage business
Cisco has announced that it will be pulling the plug on its Invicta flash storage product line. Invicta was developed …
Qualcomm to cut workforce by 15%
According to recent reports Qualcomm will layoff about 15 percent of its workforce and may separate its chip and patent businesses as part of major realignment within the company.
IBM reports drop in Q2 sales
IBM has reported another quarter of declining revenue and profit. Revenue for its second quarter was $20.8 billion, down from $24 billion a year earlier, IBM announced recently.
EU launches anti-competition investigation against Qualcomm
According to recent reports, Qualcomm is under investigation by the European Union, under the suspicion having anti-competitive movements in the 3G and 4G smartphone chipset market.
Toshiba president quits over $1.2 billion accounting scandal
Executives at electronics and industrial giant Toshiba resigned today after a committee reviewing its earnings said the company padded its operating profit by about $1.25 billion over six years to the end of 2014.