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Applied Materials first-quarter results, current-quarter forecast beat on chip demand

(Reuters) – Applied Materials Inc reported first-quarter profit and revenue above Wall Street estimates as the world’s largest semiconductor …read more Source: Reuters Tech News

IBM lawsuit casts diversity in starkly competitive terms

(Reuters) – International Business Machines Corp’s insistence in a new lawsuit that its efforts to recruit and maintain a diverse …read more Source: Reuters Tech News

Qualcomm, Broadcom hold talks over revised $121 billion bid

(Reuters) – Qualcomm Inc said on Wednesday its top executives met with Broadcom Ltd to discuss the latter’s revised $121 …read more Source: Reuters Tech News

Cisco beats estimates, boosts buyback program by $25 billion

(Reuters) – Cisco Systems Inc reported its first rise in quarterly revenue in more than two years, which also topped …read more Source: Reuters Tech News

Cisco posts loss on $11.1 billion tax-related charge

(Reuters) – Network gear maker Cisco Systems Inc posted a net loss on Wednesday due to an $11.1 billion charge …read more Source: Reuters Tech News

Applied Materials profit, revenue top estimates on higher chip demand

(Reuters) – Applied Materials Inc , the world’s largest supplier of tools for chipmakers, reported first-quarter profit and revenue above …read more Source: Reuters Tech News

Mosaic network will reward researchers with its own cryptocurrency

NEW YORK (Reuters) – A group of academics and technology experts will soon launch a blockchain-powered network that will reward …read more Source: Reuters Tech News

FTC nominees open to tech probes, concerned about high drug prices

WASHINGTON (Reuters) – The Federal Trade Commission should be open to investigating big tech firms like Google or Facebook if …read more Source: Reuters Tech News

SpaceX gets U.S. regulator to back satellite internet plan

WASHINGTON (Reuters) – Elon Musk’s SpaceX, fresh off the successful launch this month of the world’s most powerful rocket, won …read more Source: Reuters Tech News

FCC chief proposes approving SpaceX’s application for broadband services

(Reuters) – Federal Communications Commission Chairman Ajit Pai on Wednesday proposed the approval of an application by Elon Musk’s SpaceX …read more Source: Reuters Tech News