Stories about: Thomson Financial

Yahoo reported a modest revenue increase and a considerable drop in profit for its second quarter, along the way missing Wall Street's expectations in both categories, results that are unlikely to please its nervous shareholders.

VMware Tuesday said it will offer the small-footprint version of its ESX virtualization software free, responding to pressure from Microsoft and other companies that are threatening VMware's lead in the virtualization market.

Google posted solid growth in its revenue and profit during 2008's first quarter and exceeded Wall Street expectations in both categories, amid widespread concern that the search engine giant's results would be weak.

Advanced Micro Devices on Monday said it plans to lay off 10 percent of its work force by the third quarter of 2008 in an effort to cut costs.

Linux operating system and open source middleware vendor Red Hat last week reported more than 30 per cent growth in its total revenue and its critical subscription revenue for its fiscal year 2008.

Intel's revenue increase for the fourth quarter fell short of analysts' estimates in part because of weak prices for memory chips.

Palm hasn't yet managed to turn around its declining fortunes, posting a quarterly net loss of US$840,000 this week.

Google revenue continued to climb in the second quarter, with the company reporting US$3.87 billion, up 58 percent compared to the same quarter last year.

The key to Sun Microsystems' success going forward is increased adoption of its Solaris 10 operating system, company CEO Jonathan Schwartz said Tuesday.

Wall Street turned against its darling Google on Tuesday after the search engine operator reported fourth-quarter financial results that turned off investors.

The improving scalability of Linux, the low cost and increasingly high power of Intel Corp. hardware, and the license-free nature of open source software could add up to big savings for large corporations looking to bolster their data centers.