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Lenovo posts $189 mn full-year loss on one-time write-off

Chinese technology giant Lenovo on Thursday said it recorded a $189 million net loss for its full fiscal year due mainly to a one-time charge, while saying it was planning an overhaul to broaden its appeal.

Silicon Valley granddaddy HP readies breakup

Seventy-seven years after Bill Hewlett and Dave Packard began tinkering in a Palo Alto garage, the company that became the foundation for Silicon Valley is breaking up.

Hewlett-Packard's rise, fall and future

A plaque that reads "Birthplace of 'Silicon Valley'" marks the garage in Palo Alto, California, where Hewlett-Packard Co. got its start in the late 1930s.

Lenovo looks to expand after IBM acquisition

Lenovo Group has received U.S. and European approval to complete its acquisition of IBM Corp.'s low-end server business and plans to use it to grow faster outside its personal computer business, Lenovo's chairman said Monday.

Intel reports lower 1Q net income, higher revenue (Update)

Intel's earnings fell in the first three months of the year amid a continued slump in the worldwide PC market, but revenue grew slightly because of solid demand for tablet processors and its data center services.

Microsoft tears down walls to open up future

When CEO Steve Ballmer announced Microsoft's most sweeping reorganization in years Thursday, he said it was to make the company faster-paced and more collaborative - all the better to advance his vision of turning the software ...

Icahn boosts offer for Dell

Corporate raider Carl Icahn and his allies boosted their offer for troubled US computer giant Dell, and repeated their call for shareholders to reject a $24.4 billion private equity buyout.

Advisory firm backs Dell buyout

A key shareholder advisory firm on Monday backed a $24.4 billion private equity buyout of Dell, giving a major boost to the plan led by founder Michael Dell to reorganize the struggling computer giant.

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