From DailyTech: Facebook's financial earnings report for the first quarter of 2013 looks good, thanks in part to mobile ad revenue taking off.

For Q1 2013, Facebook earned $219 million (9 cents a share) in profit compared to $205 million in the year-ago period. Excluding certain...

From DailyTech: In a somewhat unusual move, HTC Corp. (TPE:2498) has seemingly conceded it made a mistake in terms of intellectual property and has dropped a key feature of its HTC One smartphone.

The company had contracted Geneva, Switzerland-based STMicroelectrics N.V. (EPA:STM)...

From X-bit Labs: Intel Corp. on Thursday unveiled “Iris Graphics”, the brand name that will be carried by the integrated graphics cores of the Core i-series “Haswell” microprocessors. Besides, the company said that the highest-performing Iris graphics cores will outperform the...

From X-bit Labs: Negotiations between IBM and Lenovo group over a deal under which the latter would acquire mainstream server business unit from the former have ended with no results, according to a media report. The parties have not reached agreements over price and will unlikely...

From CNET News.com: The HTC One launched too late to save the Taiwanese company's first-quarter results.

Net profit for the handset maker tumbled to NT$85 million ($2.85 million) from NT$4.5 billion ($152 million) a year ago, a drop of 98 percent.

It's the company's lowest...

From DailyTech: We have known for quite some time that Intel CEO Paul Otellini was set to retire this year. Today, however, Intel voted unanimously to replace outgoing CEO Otellini with new CEO Brian Krzanich.

Kzanich will assume the CEO position at Intel's annual stockholders...

From DailyTech: Toshiba has gone official with its latest Windows 8 Pro tablet. This Toshiba WT310 has more in common with an average ultrabook than some of the other tablets on the market and features an 11.6-inch full HD resolution display.

Toshiba is staying mum on some of the...

From X-bit Labs: Seagate Technology on Wednesday reported financial results for the third quarter of fiscal 2013, which ended March 29, 2013. While Seagate’s arch-rival Western Digital Corp. appeared to be immune to PC shipments drop in calendar Q1 2013, Seagate suffered decreases in...

From X-bit Labs: Smart Storage Systems, an innovative enterprise solid-state drive (SSD) technology provider, this week announced the new Optimus Eco, the first SAS-6Gb/s SSD on the market to leverage 19nm multi-level cell (MLC) flash. The SSD combines performance, capacity...

From CNET News.com: Microsoft's latest flavor of Windows took home 3.84 percent of all traffic captured by Web tracker Net Applications in April. That proved a small gain from the 3.2 percent earned in March.

Starting with a 1.09 percent share in November, Windows 8 sliced out a a 1...