FireEye: Cyber threat group targets Wall Street

FireEye has recently released an intelligence report that assesses that a financially motivated advanced threat group has been carrying out ongoing attacks against publicly traded companies in an attempt to play the stock market.

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.

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