IDG Reporter

PC sale leads Sony to $1.25B loss

Sony’s move to abandon PCs has contributed to a massive net loss of $1.25 billion for the year to 31st March, and it has forecast a loss of $491 billion for the coming 12 months.

Cisco’s IoT chief resigns

Cisco Systems’ point man on the Internet of Things (IoT) has resigned just as industries start to explore how millions of sensors and devices can be connected over networks.

IBM making push for Power server chips

An IBM project to widen the use of its Power server chips inched forward Wednesday with Big Blue trying to challenge Intel for a bigger role in the hyperscale data centres run by the likes of Google and Facebook.

Apple beats analyst estimates for Q2 earnings

Even in a quarter that saw no product introductions, Apple boosted its sales and profits over the previous year. The company released its fiscal second-quarter earnings report on Wednesday, reporting revenue of $45.6 billion and a net profit of $10.2 billion.

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