Hewlett-Packard absorbed the largest quarterly loss in its history as the Silicon Valley pioneer owned up to past mistakes that have left it scrambling to adapt to a shifting technology market.
Hewlett-Packard absorbed the largest quarterly loss in its history as the Silicon Valley pioneer owned up to past mistakes that have left it scrambling to adapt to a shifting technology market.
PayPal is expanding its brick-and-mortar payment services to more than 7 million stores across the U.S. in a partnership with Discover Financial Services.
Groupon became the latest company to report quarterly earnings, and its revenue growth fell short of analyst estimates. Here is a summary of recent earnings and reports for selected technology companies and what they reveal about the state of spending and the overall economy:
Several tech companies have reported their quarterly earnings, including Facebook for the first time as a public company. LinkedIn recorded strong results to counter disappointing earnings from other newly traded Internet companies _ namely Facebook and Zynga. Groupon reports next week.
Recently ousted Yahoo CEO Scott Thompson has landed a new job leading ShopRunner, an online service that provides two-day shipping from a variety of Internet retailers.
EBay Inc. more than doubled its second-quarter net income thanks to higher revenue from its PayPal online payments business and its e-commerce websites.
Here is a summary of recent earnings and reports for selected technology companies and what they reveal about the state of spending and the overall economy:
Yahoo swept out Scott Thompson as CEO Sunday in an effort to clean up a mess created by a misleading resume that destroyed his credibility as he set out to turn around the long-troubled Internet company.
