Technology Sector

Stock Market Plunge Puts Jack Dorsey Out of the Billionaire Club

Stock Market Plunge Puts Jack Dorsey Out of the Billionaire ClubWednesday was not particularly too sunny for the Dow Jones Industrial Average, as it took a dip during the early trading. The index dropped close to 500 points by midday and that took also took the Twitter stocks down.

Jack Dorsey, the founder and chief of Twitter was demoted from the billionaire club on Wednesday to the mega-millionaire ranks.

AMD’s Forecasts for First Quarter Revenue Falls Below Analysts’ Estimates

AMD’s Forecasts for First Quarter Revenue Falls Below Analysts’ EstimatesCiting economic slowdown in China and seasonal weakness in the sale of gaming consoles, Advanced Micro Devices Inc. (AMD) said that there could be a notable drop in the company's revenue in the first quarter of the year.

Symantec Renegotiates Price in Veritas Sale to Carlyle

Symantec Renegotiates Price in Veritas Sale to CarlyleAlthough it's quite uncommon to renegotiated prices to complete merger deals and acquisitions but in a recent move Symantec and Carlyle said the groups had agreed to a cut in price "after uncertainties developed regarding the transaction". However both the companies did not give out any specific details regarding the issue or did not elaborate on the cause which led to the price cut.

Wikipedia Turns Fifteen!

Wikipedia Turns Fifteen!Since the time the first article appeared on Wikipedia fifteen years back on January 15, it has become one of the most vital and relied-upon source when people look for facts. Jimmy Wales founded the online non-profit encyclopedia Wikipedia in 2001.

Slow Revenue Growth in Data Centre Business Hurts Intel’s Profit

Slow Revenue Growth in Data Centre Business Hurts Intel’s Profit Slow revenue growth at Intel Corp's data centre business hurt the company's quarterly profits. Shares of the company dropped almost 5.6 percent during the after-market trading hours.

To counterbalance the slowing demand for personal computer chips, Brian Krzanich , Intel Corp's Chief Executive has considered focussing on the business that supplies chips for high-end servers.

Facebook Is Building Messenger for Mac Shows Technology Media Evidence

FacebookA technology media reported that it had gathered photographic evidence and which hints that Facebook has developed a Facebook Messenger For Mac desktop app which is yet to be released. The photographic evicence attained shows Facebook employee using it.

Pages