Report: Foxconn to Raise Product Prices

From DailyTech: To help make up the financial difference after increasing employee wages, contractor Foxconn said it plans to increase prices – but the increase may not translate to higher consumer product pricing.

Although Foxconn partner companies will need to absorb the cost...

Microsoft beats Street with $16 billion in revenue

From CNET News.com: Microsoft ended the fiscal year on a strong note, reporting fourth-quarter profits of $4.52 billion, or 51 cents per share on Thursday.

The software maker beat Wall Street estimates, and also announced its best-ever quarterly revenue of $16.04 billion, an...

Dell Resolves Dispute with SEC for $100 Million

From X-bit Labs: Dell on Thursday said that it had reached a settlement with the U.S. Securities and Exchange Commission (SEC) resolving the previously-disclosed SEC investigation into Dell’s disclosures and alleged omissions prior to fiscal 2008 regarding certain aspects of its...

IBM's new zEnterprise 196 mainframe is a leviathan

From InfoWorld: Every new IBM mainframe says something about the times we live in, and today's latest mainframe release is no different. The zEnterprise system, as it is now called, has become a cross-platform management system, a sovereign of other systems.

IBM has given its new...

Nokia Reports Earnings Down 40 Percent on Flat Q2 Sales

From PC World: Nokia reported flat sales for the second quarter, with a 40 percent year-on-year drop in earnings. The company is still seeing customers shun its high-end smartphones.

Sales for the quarter totalled €10 billion (US$12.21 billion as of June 30, the last day of the...

FTC extends Intel antitrust settlement deadline

From CNET News.com: The Federal Trade Commission has extended by two weeks its deadline for reaching a settlement with Intel.

The FTC said Wednesday that the extension "allows the Commission more time to consider a proposed settlement." The original order was issued on June 21 and...

T-Mobile USA is latest rumored iPhone suitor

From CNET News.com: We still don't know when AT&T's exclusive contract with Apple will expire, but that doesn't stop the continued rumors of the iPhone expanding to new carriers in the United States.

Usually it's Verizon Wireless that we hear is close to signing up to service the...

ARM and TSMC Sign Long-Term Manufacturing Agreement

From X-bit Labs: ARM and Taiwan Semiconductor Manufacturing Company have announced a long-term agreement that provides TSMC with access to a broad range of ARM processors and enables the development of ARM physical IP across TSMC technology nodes. This agreement supports the...

Western Digital Maintains Position of the World's Largest HDD Maker

From X-bit Labs: Western Digital has maintained its lead on the market of hard disk drives (HDDs) in the most recent quarter and outsold its arch-rival Seagate by 2.9 million HDDs. Nonetheless, revenues of Seagate are still substantially higher compared to WD thanks to better sales...

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