Toshiba's CEO, Hisao Tanaka, alongside other top-level executives, have resigned their positions after it came to light that Toshiba had declared $1.2 billion in false profits over the last six years.
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In its latest financial guidance reports, Samsung warns that it's on course to miss its targets for the second quarter of 2015. This is despite the positive reception to the company's new flagships.
Samsung is warning investors of a continued trend of decline in both profits and revenue for the first quarter of this year. However, the company looks set to fare better later this year.
It's hard to imagine that YouTube, as ubiquitous and gigantic as it is, has never turned a profit. But that's exactly what a new report explains, alongside the myriad challenges that the site faces.
Microsoft's stock took a nosedive in after hours trading despite its seemingly successful quarterly results. What's got investors in a panic when everything seems to be going well? Windows, of course.
Microsoft's board approved a dividend rate of $0.31 per share, an amount equal to last quarter's payout. It's been a great fiscal year for the company so high dividend were expected by investors.
After it started accepting the popular virtual currency, Wikipedia has seen a surge in donations via Bitcoin -- over $140,000 worth -- in its first week alone.
Samsung has revealed plans to launch two high-end smartphones in hope of recovering from its Q2 $1bn profit loss. The flagship will be a likely addition to the popular Galaxy Note line.
According to its CFO, the Taiwanese smartphone manufacturer will see its sales and revenue decline during the third quarter of 2014. However, Mr. Chang believes in his company's upcoming products.
If you work at Microsoft, based on 2013 figures, each person generated $220,800 in net income and $786,400 in revenue - but that is far less than the company's leading rivals, Google and Apple.
Samsung has forecasted a third consecutive operating profit loss, down 25% for the same period last year. It blames a slowdown in smartphone growth in Europe and China due to increased competition.
Unlike its previous two game consoles, Microsoft doesn't plan to sell the Xbox One at a loss at launch. Instead, it will break even or achieve a small profit for each console sold "at worst."
Facebook comment spam can be annoying to encounter, but a group of Italian researchers believe it to be worth up to $200 million annually, with some spammers setting up pages to earn even more money.
Despite being a massive global retailer, Amazon has shocked with the announcement that they have recorded a loss for the quarter, due to increased spending on their own infrastructure.
HTC has seen a dramatic drop both in its revenue and its profits. These declines are due in part to supply issues with their brand new HTC One. The company is optimistic even though it is struggling
Samsung and Apple go head to head via their latest earnings reports and the Korean company is winning. It has reportedly sold nearly twice as many devices as Apple and its profits soared.
Jeff Bezos, CEO of Amazon, has written a letter to shareholders outlining his aims for the company. Bezos says that Amazon innovates even when there is no need, putting customers above profits.
It has been revealed that Facebook will get a refund of $500 million on tax payments, despite making $1.1 billion profit in 2012, according to a report by the Citizens for Tax Justice.
Samsung has reported a very strong quarter on the back of $52.45 billion in revenue, which brings up a total of $188.14 billion in sales for the entire year, while wlmost every division also grew
WordPress has added functionality today, allowing bloggers across the world to pay using the digital Bitcoin currency while side-stepping issues such as PayPal being unavailable or limited.
Foxconn, the world's largest electronics manufacturer, has been targeted by an iOS game which was pulled by Apple less than an hour after it was published to the store for others to download.
An iPad buyer was left disappointed in Texas after receiving an iPad box stuffed with notepads rather than Apple's tablet, leaving one very disappointed teenager on their birthday.
Facebook is coming under scrutiny by the FTC after it was discovered the company had 'deceived' developers by charging for app verification and doing nothing.
GitHub has made the decision to switch to outside funding, gaining a cool hundred million dollars from investors to get it started on its new path.
Thanks to the efforts of the FBI and international law enforcement groups, you could lose your Internet access on July 9th due to a virus you never knew you had. We examine, and try to explain.
A new study suggests that British people spend more than six billion pounds annually on phone contracts, with more than two-thirds of that being spent on overpriced contracts.
According to sources, Microsoft intends to open a new branch of their Microsoft Store in Canada, marking their first official store within the country.
A class-action lawsuit has beaten Facebook into allowing users to opt out of Sponsored Stories, and could also cause significant financial ramifications for the site as well.
The result of the weakened global economy is being seen among console manufacturers, as sales figures decline during the first quarter of 2012.
GEMA, a German group responsible for royalty collection, has managed to take Google to court over YouTube's copyrighted videos, winning the case and potentially unleashing havoc on the site.
Despite a law being passed in France to make life harder for pirates, music sales are not increasing. In fact, they're still falling, and nobody can say with certainty why.
It's true, Apple's earnings consistently surpass expectations and predictions, but this years Q1 result is staggering. Not only was it a huge jump, Apple is up there with oil and petrol giants for Q1.
It seems that Apple has finally become more profitable than Microsoft. It was just a year ago when Apple passed Microsoft in terms of market cap while six months later they overtook Microsoft in terms...
Nintendo's profit for 2010 slumped, despite the fact that the company managed to sell 3.61 million Nintendo 3DS portable systems. The Japanese games company profits plummeted during 2010, with a massive decline of 66% from...
Wireless chip maker Qualcomm Inc. posted a 29% increase in fiscal second-quarter earnings. Qualcomm's Chief Financial Officer William Keitel said demand for high-speed wireless devices was stronger than expected in every region around the globe, helping...
Microsoft announced today that their revenue for this quarter has broken records and beaten analyst predictions, according to Engadget, coming in at a smooth $16.2 billion. $5.41 billion of that was profit. The great financial...
Nine years and ten versions later, iTunes has become a staple in Apple's profits and overall business plan. iTunes serves millions of users hundreds of thousands of apps, TV shows, movies and of course, music...
It's official, Apple's market cap is now bigger than Microsoft's. As of early afternoon today, Apple's market capitalization on the NASDAQ stock market is higher than Microsoft's. Market cap is one of many ways that the...
NY Times reported a profit this quarter, according to TechCrunch. At first glance, this is surprising news. Print news has been suffering for a long time as the proliferation of free or cheap digital alternatives...
News is being reported on the BBC Technology website regarding several aspects of Facebook's growth into a much greater entity. An announcement at TechCrunch 50 in San Francisco, a conference for start ups, reveals another...
Dell has long been a massive player in the computer retailing industry, second only to Hewlett-Packard (or HP to you youngsters), but it appears that they're about to be surpassed by someone quite unexpected. That's...
When Microsoft posts its quarterly profit on Thursday, it is expected that it will have missed the company's own target for the quarter, prompting speculation that the company could soon announce thousands of job cuts....
Vivendi SA, the majority shareholder in publishing giant Activision Blizzard, has reported a 12 per cent rise in net profit for Q2, 2008. The company announced a total of EUR 667 million for the...
Dell has just released quarterly figures showing that in the first 3 months of this year, ending May 2nd, Dell has earned $784 million, up from $756 in the same period last year. Revenue for...
Microsoft is expected to report a sharp rise in quarterly profit this week, boosted by surging revenue as strong computer sales drive demand for its Windows operating system and Office software. Investors will also look...
Best Buy Co., the nation's biggest consumer electronics retailer, said Tuesday its third-quarter profit jumped 52 percent, boosted by holiday shopping and sales of higher-ticket items such as flat-panel TVs. The results beat Wall...
Hewlett-Packard Co., the world's largest personal computer maker, issued a better-than-expected quarterly profit and outlook on Monday, driven by strong sales of notebook computers. HP also announced an $8 billion additional share buyback program, but...
Graphics chip maker Nvidia posted a sharply higher quarterly profit Thursday on stronger sales of its products, especially ones for laptop computers. Nvidia also forecast that its sales would rise by more than what Wall...
Acer, the world's Number 4 PC maker, reported that its operating income for the third quarter reached $86.16 million, compared to the $60.65 million it turned in for the same quarter a year ago. The...
Still feeling the effects of a major reorganization, officials from search-engine Yahoo announced yesterday that third-quarter net income fell 5 percent, to $151.3 million, from $158.5 million in the same period a year earlier, despite...