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  • A man walks past the headquarters of IBM Japan in Tokyo
    IBM's quarterly revenue sinks to 5-year low as hardware sales fall 3 hours ago

    IBM Corp, the world's biggest technology services company, reported its lowest quarterly revenue in five years on Wednesday, as Big Blue struggles with falling demand … More »IBM's quarterly revenue sinks to 5-year low as hardware sales fall

    A man walks past the headquarters of IBM Japan in Tokyo

    IBM Corp, the world's biggest technology services company, reported its lowest quarterly revenue in five years on Wednesday, as Big Blue struggles with falling demand for its hardware and faces challenges in growth markets like China. That has undercut business at some U.S.-based multinationals operating in the world's …

  • A man visits Sina's Weibo microblogging site in Shanghai
    Weibo valued at $3.46 billion after bottom-end IPO pricing 3 hours ago

    (Reuters) - China's Weibo Corp will be valued at a lower-than-expected $3.46 billion when it goes public on the Nasdaq on Thursday, amidst concerns about the microblogging … More »Weibo valued at $3.46 billion after bottom-end IPO pricing

    A man visits Sina's Weibo microblogging site in Shanghai

    (Reuters) - China's Weibo Corp will be valued at a lower-than-expected $3.46 billion when it goes public on the Nasdaq on Thursday, amidst concerns about the microblogging service's slowing user growth and the country's highly censored media environment. The Twitter-like microblogging service, owned by web portal Sina …

  • Staff at the PlayStation 4 launch event poses with the PlayStation 4's game controller before its domestic launch event at the Sony Showroom in Tokyo
    Sony sells more than 7 million PlayStation 4 consoles 5 hours ago

    By Malathi Nayak SAN FRANCISCO (Reuters) - Sony Corp said on Wednesday it sold more than 7 million PlayStation 4 videogame consoles in just over four months to April … More »Sony sells more than 7 million PlayStation 4 consoles

    Staff at the PlayStation 4 launch event poses with the PlayStation 4's game controller before its domestic launch event at the Sony Showroom in Tokyo

    By Malathi Nayak SAN FRANCISCO (Reuters) - Sony Corp said on Wednesday it sold more than 7 million PlayStation 4 videogame consoles in just over four months to April 6, double the number of the older version, PlayStation 3, sold in about the same time frame after its launch. Sony is struggling to keep pace with demand …

  • Surfboards lean against a wall at the Google office in Santa Monica
    Google, IBM results raise questions about other tech-sector companies 5 hours ago

    By Alexei Oreskovic and Noel Randewich SAN FRANCISCO (Reuters) - Disappointing results from Google Inc and IBM may unnerve investors shaken by a strong recent selloff … More »Google, IBM results raise questions about other tech-sector companies

    Surfboards lean against a wall at the Google office in Santa Monica

    By Alexei Oreskovic and Noel Randewich SAN FRANCISCO (Reuters) - Disappointing results from Google Inc and IBM may unnerve investors shaken by a strong recent selloff in tech stocks, underscoring the challenges the Internet and IT sectors face as corporate report cards come due in coming weeks. IBM blamed weak hardware …

  • An Apple logo is seen during Black Friday in San Francisco
    Mayer aims to persuade Apple to choose Yahoo over Google: Re/code 6 hours ago

    (Reuters) - Yahoo Inc's Chief Executive Marissa Mayer is working on a plan to persuade Apple Inc to ditch Google as its default search engine in favor of Yahoo, technology … More »Mayer aims to persuade Apple to choose Yahoo over Google: Re/code

    An Apple logo is seen during Black Friday in San Francisco

    (Reuters) - Yahoo Inc's Chief Executive Marissa Mayer is working on a plan to persuade Apple Inc to ditch Google as its default search engine in favor of Yahoo, technology news site Re/code reported, citing sources within Yahoo. Mayer's effort is in advanced stages, with a detailed pitch already prepared for Apple executives, …

  • Photo illustration of Google logo is reflected on the screen of a Samsung Galaxy S4 smartphone

    By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, underscoring the challenges Internet companies face as the world shifts toward mobile devices. Shares of Google were down 3 percent to $539.80 …

  • SAN FRANCISCO - Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job. The disclosure in a regulatory filing may lead to more second-guessing of Yahoo CEO Marissa Mayer's decision to hire de Castro …

  • SUNNYVALE, Calif. - Yahoo co-founder David Filo is vying to rejoin the Internet company's board after an 18-year absence.

  • A Yahoo logo is pictured in front of a building in Rolle

    (Reuters) - Yahoo Inc, which posted anemic first-quarter revenue growth, said it has nominated three new members to its board. The three members include billionaire Charles Schwab, namesake chairman and chief executive of discount broker Charles Schwab Corp. The other two are David Filo and Lee Scott, the company said …

  • This April 9 2014 photo shows the Google logo at a store in Hialeah, Fla. Google reports quarterly financial results after the market close on Wednesday, April 16, 2014. (AP Photo/Alan Diaz)

    SAN FRANCISCO - Google's first-quarter earnings growth faltered as the Internet's most influential company grappled with a persistent downturn in advertising prices while spending more money to hire employees and invest in daring ideas. The results announced Wednesday fell below analyst projections. Google's Class A stock …

  • NEW YORK, N.Y. - Online dating service Zoosk is filing for an initial public offering worth as much as $100 million. Zoosk says its app was the highest-grossing dating app on the iPhone in the U.S. in 2013. The San Francisco company wants to list its shares on the New York Stock Exchange under the symbol "ZSK."

  • BERLIN - The head of Germany's biggest media company says he is afraid of Google and wants the company to become more transparent.

  • A man stands on a skateboard outside a Wal-Mart store in Williston

    Wal-Mart Stores Inc said on Wednesday that it will announce a new service with electronic payments provider Euronet Worldwide Inc on Thursday, but gave no other details. Neither Wal-Mart, the world's largest retailer, nor Euronet, would comment ahead of a conference call for media, investors and analysts on Thursday morning. …

  • Photo illustration of Google logo is reflected on the screen of a Samsung Galaxy S4 smartphone

    By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, pushing its shares sharply lower. Shares of Google were down 5.7 percent at $525 in after-hours trading on Wednesday. The number of "paid …

  • (Reuters) - Online dating website Zoosk Inc filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of common stock. BofA Merrill Lynch, Citigroup and RBC Capital Markets are the underwriters to the IPO, the San Francisco-based company told the U.S. Securities and Exchange Commission …