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  • Logo of German company SAP is pictured at the CeBit computer fair in Hanover
    Germany's SAP braced for continued currency crunch 1 hour 0 minutes ago

    By Harro Ten Wolde FRANKFURT (Reuters) - German business software maker SAP warned on Thursday that it expects the negative impact of the strong euro to worsen after … More »Germany's SAP braced for continued currency crunch

    Logo of German company SAP is pictured at the CeBit computer fair in Hanover

    By Harro Ten Wolde FRANKFURT (Reuters) - German business software maker SAP warned on Thursday that it expects the negative impact of the strong euro to worsen after reporting lower than expected first-quarter results. The warning comes as SAP grapples with a short-term squeeze from its shift to web-based cloud computing, …

  • SAP incoming CFO says can reach cloud target without acquisitions 1 hour 0 minutes ago

    German business software maker SAP can realize its growth target for its Internet-based or so-called cloud business without acquisitions, the company's incoming financial … More »SAP incoming CFO says can reach cloud target without acquisitions

    German business software maker SAP can realize its growth target for its Internet-based or so-called cloud business without acquisitions, the company's incoming financial chief said on Thursday. Analyst have suggested SAP will need to make more acquisitions to reach that goal. Luca Mucic, who will succeed Werner Brandt …

  • A woman looks at a Weibo advertisement as she rides an elevator inside a subway station in Beijing
    Weibo cuts IPO size amid selloff in technology stocks 1 hour 18 minutes ago

    (Reuters) - China's Weibo Corp, a Twitter-like messaging service company, raised a less-than-expected $286 million after it cut the size of its U.S. initial public offering … More »Weibo cuts IPO size amid selloff in technology stocks

    A woman looks at a Weibo advertisement as she rides an elevator inside a subway station in Beijing

    (Reuters) - China's Weibo Corp, a Twitter-like messaging service company, raised a less-than-expected $286 million after it cut the size of its U.S. initial public offering amid a selloff in technology shares and concerns about slowing user growth. The offering comes ahead of the much-anticipated IPO of Chinese e-commerce …

  • A man sits in front of the logo of Taiwan Semiconductor Manufacturing Co Ltd (TSMC) during an investors' conference in Taipei
    TSMC targets record revenue as high-end smartphones demand more chips 1 hour 52 minutes ago

    Taiwan Semiconductor Manufacturing Co Ltd (TSMC) targets record revenue in the second quarter as more of the company's chips are installed in high-end smartphones to … More »TSMC targets record revenue as high-end smartphones demand more chips

    A man sits in front of the logo of Taiwan Semiconductor Manufacturing Co Ltd (TSMC) during an investors' conference in Taipei

    Taiwan Semiconductor Manufacturing Co Ltd (TSMC) targets record revenue in the second quarter as more of the company's chips are installed in high-end smartphones to power increasingly complex features. The world's largest contract chip producer also aims to grab market share from rivals such as Samsung Electronics Co …

  • 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 …

  • The sun reflects off Amazon's logistics centre in Graben

    German labor union Verdi has called on workers at online retailer Amazon in Germany to go on strike on Thursday as a long-running pay dispute continues. "Amazon is refusing talks about a wage agreement," Verdi negotiator Joerg Lauenroth-Mago said in a statement, saying workers at distribution centers in Leipzig and Bad …

  • 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 …

  • 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 …

  • 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, …

  • 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.