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Global cell phone use at 50 percent

Worldwide mobile telephone subscriptions reached 3.3 billion -- equivalent to half the global population -- on Thursday, 26 years after the first cellular network was launched, research firm Informa said. Since the first Nordic Mobile... More...

AMD Sells 8.1 Percent Stake to Mideast Firm

The Abu Dhabi government's investment arm paid $622 million for an 8.1% stake in Advanced Micro Devices Incorporated. A unit of Mubadala Development Company received 49 million newly-issued AMD shares at a closing price of... More...

Yahoo Q3 Profit Slips 5 Percent

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... More...

AMD nabs 25 percent of server market

Advanced Micro Devices is still making strides in the server market at Intel's expense as the larger company waits to see if a new processor can reverse its slide. AMD on Monday said it increased... More...

Mac Sales up 12 Percent as Apple Soars

Apple Computer's third-quarter revenue fell a little short ofexpectations, but profitability was far higher than expected and Macsales increased at a healthy clip. Revenue was $4.37 billion, up 24 percent from last year's quarterly revenue... More...

Intel to cut Prices by 60 Percent

In a bold move to regain some lost market share from Advanced Micro Devices (AMD), Intel Corp. is planning to cut its Pentium processor prices by as much as 60 percent. The price cuts are... More...

Konami profits jump 149 percent

Konami profits jump 149 percent Japanese publisher Konami has reported a large rise in its profits for the first half of the 2003 fiscal year, with the boost attributed largely to the... More...

Intel Profits Tumble 77 Percent

Intel Corp. on Tuesday reported third-quarter profits that tumbled 77 percent as it struggled with slowing economies and weak personal computer sales, prompting it to forecast sluggish sales in the fourth quarter, typically the industry's... More...

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