From InfoWorld: Falling hardware sales and the cost of layoffs hit IBM's profit hard in the first quarter, sending it down 21 percent from a year earlier. Sales also fell, sliding 4 percent from last year's first quarter to $22.5 billion.

The quarterly results include an $870 million write-off for...

From PC World: Sales of Sony’s PlayStation 4 platform have surpassed 7 million units worldwide but supply problems are continuing, the electronics giant said.

Now available in 72 countries and regions, the platform had notched the milestone as of April 6, Sony Computer Entertainment said Thursday...

From CNET: Nokia has suspended sales of the Nokia Lumia 2520 tablet over fears that the charger could give you an electric shock.

Anyone with a Lumia 2520 in Austria, Denmark, Finland, Germany, Russia, Switzerland and the UK is "strongly advised to suspend use of the AC-300 charger until further...

From DailyTech: Bitcoin robber baron Mark Marie "MagicalTux" Robert Karpelès has reportedly "lawyered up" according to a report by Reuters. Mr. Karpelès needs all the legal advice he can get as he is currently under investigation in the U.S. by the Financial Crimes Enforcement Network (FinCEN), the...

From InfoWorld: Intel shipped 5 million processors for tablets in the first quarter, but profits fell as PC sales remained weak.

Net income for the quarter ended March 29 was $1.9 billion, down 5 percent from a year ago, Intel said on Tuesday. Revenue increased 1 percent to $12.8 billion.

The...

From PC World: Bitcoin exchange Mt. Gox has abandoned its bid for revival and filed for liquidation with a Japanese court, The Wall Street Journal reported Wednesday.

Tokyo-based Mt. Gox, once the world’s largest trading place for the digital currency, collapsed in February with liabilities of ¥6.5...

From CNET: Samsung's own open-source mobile operating system, Tizen, will soon make its way to store shelves.

The consumer electronics giant told Reuters on Wednesday that its first Tizen-based smartphone will launch toward the end of the second quarter. The handset will be a high-end offering...

From DailyTech: Lenovo has announced the launch of new notebook and desktop computers. The new desktops include the A Series A540 AIO, which has a 23.8-inch multi-touch LCD screen with a resolution of 1920 x 1080. This AIO has an aluminum shell that is 4mm thick at the edge.

Graphics are handled...

From InfoWorld: Google has issued a patch for an attack that could lead an Android user to a phishing site, according to security vendor FireEye. FireEye recently spotted an malicious Android application that could modify the icons of other applications so that when they're launched, they send...

From TechHive: Netflix CEO Reed Hastings may complain about it publicly, but his company’s decision to pay Comcast for better access to the Internet service provider’s subscribers is paying off. The streaming video service says performance on Comcast’s network has improved dramatically since it...