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SEOUL (Reuters) – The head of Samsung Electronics’ semiconductor division thinks the bottom has been reached in the long-suffering memory market but doesn’t expect significant price rises for the moment, the company said. “Given the many uncertainties generated by the subprime crisis and the events in China, we do not expect any big increases for […]

SAN FRANCISCO (Reuters)-Web business software maker Salesforce.com Inc Wednesday reported a rise in quarterly profit and raised full-year earnings forecasts, boosted by a growing number of customers adopting its online applications. Shares of Salesforce, whose stock has risen 19 percent since it last reported results on Feb. 27, fell 1 percent in after-hours trade on […]

NEW YORK (Reuters) – CBS said on Thursday it would buy web media company CNET Networks for about $1.8 billion to boost the television broadcaster’s reach across the Internet. The deal could also put to rest a brewing fight between CNET and an activist investor group led by hedge fund Jana Partners, which wants to […]

By Nikola Rotscheroth FRANKFURT (Reuters)-Shares in Deutsche Telekom retreated, and Sprint Nextel’s stock advanced on Monday amid media reports that Germany’s largest phone company is looking at a possible purchase of the U.S.-wireless group. Deutsche Telekom’s shares fell 1.2 percent to 11.64 euros by 1126 GMT, the leading decliner among German blue chips, while Sprint […]

SEOUL (Reuters) – Samsung Electronics, the world’s top maker of memory chips, beat forecasts with a 37 percent rise in quarterly profit on stellar performances in flat screens and mobile phones, sending its shares 4 percent higher. Samsung’s outlook remains solid thanks to its strength in TV screens and handsets, lifted by a softer Korean […]

TAIPEI (Reuters) – Taiwan President-elect Ma Ying-jeou said on Tuesday he plans to roll out lighter tax rates and simplify regulations for the island’s technology companies to encourage more firms to invest at home. Many of Taiwan’s technology companies have moved their manufacturing to other countries, such as Vietnam and China, due to lower production […]

BOSTON (Reuters) – Business software maker VMware Inc reported higher first-quarter profit on Tuesday as its revenue rose a stronger-than-expected 69 percent, sending its shares up 18 percent. VMware also reiterated its forecast for 2008 revenue growth of about 50 percent, reassuring investors who had worried that increased competition from companies like Oracle Corp and […]

SAN FRANCISCO (Reuters)-Intel Corp on Tuesday posted a lower quarterly net profit and reported revenue that was slightly ahead of expectations in the face of a weakening U.S. economy, and its shares rose 5.5 percent. The world’s largest maker of semiconductors said first-quarter net income fell to $1.44 billion, or 25 cents per share, from […]

By Eric Auchard SAN FRANCISCO (Reuters) – Yahoo Inc on Sunday detailed plans for its forthcoming Web advertising management system that gives its ad sales-partners access to online ad space both on Yahoo and other major sites. The widely anticipated system, known as AMP!, aims to simplify the process of buying and selling online ads […]

WASHINGTON (Reuters) – Yahoo Inc Chief Executive Jerry Yang, whose company helped identify a Chinese dissident who was later jailed, said on Thursday that legal “gray areas” overseas made doing business internationally difficult. Yang, whose family emigrated from Taiwan when he was ten, called himself “a big believer in American values” but added: “As we […]