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Top Finance News
CFO Blake Jorgensen says Yahoo is not changing its outlook for fiscal 2008 despite a 19 percent revenue drop in the second quarter. With the latest failed Microsoft acquisition bid behind it, CEO Jerry Yang says Yahoo will continue to look at "transactions and/or financial options."
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Intel is dropping the prices of several Xeon server processors and its Core 2 Duo and Core 2 Quad desktop chips. Intel is reducing the price of its processors less than a week after the chip maker announced its positive 2008 second-quarter earnings.
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Industry and investor concerns about the health of Apple CEO Steve Jobs have not dimmed more than a month after he appeared dramatically thinner at the firm's annual developers' conference.
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Google takes Begun off Russia's Rambler Media's hands for $140 million, seeking to cement its contextual ad assets and boost international expansion. What's next for the search giant?
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IBM manages net income growth of 22 percent selling services, software and systems in a largely international market.
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Nokia is the first of the world's top handset makers to announce its quarterly results since research firm Gartner slashed its forecast for the cell phone market to 10 to 11 percent growth from a May estimate of 10 to 15 percent. Samsung, LG Electronics, Sony Ericsson and Motorola come next. Despite robust sales of Apple iPhones and RIM BlackBerrys, the smart-phone market may feel the squeeze.
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The global economy slowdown is impacting the wireless sector. Gartner is cutting its growth forecast for the handset market in 2008 to 11 percent.
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By acquiring Intel's business, Impinj seeks to the broaden market for its RFID solutions.
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As many as 1,000 Sun employees could lose their jobs, though Sun will still plow on with Java, hardware and utility computing plans. Some speculate that Fujitsu could acquire Sun.
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Siemens AG plans to cut around 4 percent of its work force worldwide as part of an overhaul and as a result of the global economic downturn. Siemens wants to cut 16,750 jobs globally, of which 12,600 are mainly in administration, to help Europe's biggest engineering group reach a savings target of 1.2 billion euros ($1.9 billion) by 2010 and boost profit margin levels.
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Philips said Hong Kong-listed PC monitor maker TPV will make and market all its IT Displays activities worldwide under a brand licensing deal, adding to a deal announced in April to transfer its North American television business to Japan's Funai Electric.
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The new deal expands Microsoft's mobile platform to include backup services focused on social networks.
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Costs of fuel and power consumption hurt everyone in this economy.
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The biggest threat to a company's security might not be hackers and thieves, but its own budgetary process. nCircle Vice President Elizabeth Ireland explains how to address that tough hurdle.
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Seeking to assure Congress on an advertising deal with Google, Yang stumps the Hill.
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Review: Hosted applications provide the tools needed to manage complex projects.
Review: AtTask's namesake project management application provides an easy-to-use tool set for organizations that want to organize team-based projects.
Review: Money Premium 2007 is a quieter upgrade than some we've seen from Microsoft, but it's still a stellar personal finance manager.
Review: Quicken Premier blasts into 2007 with a new look and comprehensive home page, complementing its strong suite of personal-finance tools.
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