Microsoft chairman Bill Gates will take the witness stand to testify in the government's
ongoing antitrust trial against the software giant, the company announced. Gates's
appearance will mark the first time he has testified in person during the proceedings.
He is expected to stress that the reme...
As expected, eBay met estimates in what is turning out to be a mostly positive earnings
season. The company reported a first-quarter profit of $47.6 million, more than double the $21.1
million it booked in the year-ago period. Revenue swelled 59 percent, from $154.1 million
a year ago to $245.1 m...
Adding credence to a growing belief that the technology market is slowly regaining its
balance, Apple Computer has reported a significant profit and a rise in revenue. Customers
demanding the computer maker's revamped desktop iMac helped push its second-quarter
profit to $40 million, nearly equal...
While it is still too early to declare the technology market in full economic rebound,
Intel's modest 2.2 percent year-over-year revenue gain -- to $6.8 billion -- in the
first quarter of 2002 indicates that the market is slowly creeping out of decline. Net
income in the first quarter grew 86 per...
The merger of Hewlett-Packard and Compaq hit another potential snag as the U.S.
Securities and Exchange Commission (SEC) and federal prosecutors in New York decided to
take a closer look at HP's dealings with at least two large investors whose votes were
key to merger approval. But an HP spokespe...