Freelancer Limited – the Australian company behind online services marketplace Freelancer.com and payments business Escrow.com – has announced a record net revenue of $26.2m for the first half of 2016, up 56 per cent on the same period in 2015.
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Lenovo is laying off 3200 employees and trimming down its smartphone portfolio in response to a slowdown in its PC and handset sales.
Chuck Robbins has only been in the job three weeks but the new CEO of Cisco Systems is already dropping hints about acquisitions.
Alibaba Group's Cloud computing and mobile business are surging, but its reported revenue in the second quarter missed analysts' estimates, amid a slowing Chinese economy.
Continuing to struggle in the smartphone industry, HTC is hoping its upcoming products in virtual reality and wearables can pull in some sales.
SAP's strategy event for the investment community on Tuesday offered few major surprises to anyone who's been closely monitoring the software vendor lately, but did serve to cement the company's future direction for product development, growth and customer retention. Here's a look at some of the highlights of the event.
Oracle is gearing up to report its second-quarter earnings Wednesday and given the restrained expectations CFO Sandra Katz earlier set for key areas such as software revenue, Oracle's results are sure to come under even more scrutiny than the tech bellwether already gets.
Politics collided with the world of technology this year as stories about U.S. government spying stirred angst both among the country's citizens and foreign governments, and the flawed HeathCare.gov site got American health-care reform off to a rocky start. Meanwhile, the post-PC era put aging tech giants under pressure to reinvent themselves. Here in no particular order are IDG News Service's picks for the top 10 tech stories of the year.
Despite the frothy headlines stirred by Twitter's initial public offering, tech is not in a bubble of the sort that arose before the 2000 dot-com crash.
Oracle's annual OpenWorld conference is less than a week away, and as usual the vendor is expected to make a slew of new product and strategy announcements.
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