From DailyTech: Lenovo has released its earnings reports for its fiscal Q4 and full year, which ended on March 31. Lenovo posted record sales of $34 billion, which was an increase of 15% compared to the previous year. Lenovo reported year-end pre-tax income of $801 million, which is...

From DailyTech: Intel's new CEO has only been at the helm for a week, but he's determined to turn things around with a company shake-up.

Brian Krzanich, who became Intel's CEO on May 16 after 30 years with the company, sent an internal memo to employees Monday regarding Intel's new...

From X-bit Labs: Nvidia Corp. on Monday announced that it is unleashing the full graphics potential of enterprise desktop virtualization with the availability of Nvidia Grid vGPU integrated into Citrix XenDesktop 7. As a result, low-cost desktops will get access to state-of-the-art...

From X-bit Labs: Microsoft Corp. said it believes that Xbox 360 games will not be needed in the next ten years and those, who still love bestsellers like Gears of War or Halo may keep their existing Xbox 360 consoles. At the same time, Microsoft said it would make a big announcement...

From CNET News.com: Just a day after Sprint upped its bid to acquire Clearwire, the latter's board has said that it's the right deal for the company.

In a statement released on Wednesday, Clearwire's board announced that it has approved the new deal with Sprint. The board has also...

From DailyTech: Sources indicate that Sony Corporation is currently considering a proposal from one of its top shareholders, Third Point LLC, to spin off its movie and music businesses. Reuters reports that hedge fund manager Daniel Loeb’s hedge fund, which owns 6% of Sony’s stock...

From DailyTech: Rosewill announced that it is adding three new members to its line of powerline networking adapters.

The three new members are the RPLC-201KIT, RPLC-201PKIT and RPLC-200PKIT AV+ Premium. The line is being expanded thanks to the success of the RPLC-200KIT and RPLC...

From X-bit Labs: Imec, GlobalFoundries and Qualcomm announced on Tuesday that they have expanded joint development efforts to advance STT-MRAM [spin-transfer torque magnetoresistive random access memory] technology. The collaboration seems to be important as it not only demonstrates...

From X-bit Labs: Even though neither Microsoft Corp. nor Sony Corp. officially revealed launch dates for their next-generation video game systems in different parts of the world, the launch date of Battlefield 4 game by EA/DICE, one of the most anticipated title of this Fall...

From CNET News.com: Google plans to shut down Google Checkout, its service for online payment processing, in six months, the company announced in a blog post Monday.

Even though Checkout was replaced by Wallet in 2011, it still has been an option for those merchants who are adamant...