Don't-Miss Business Stories

Wall Street Beat: Earnings highlight smartphones as key to growth

With Apple reporting a decline in profit margins and Samsung consolidating its leadership in the mobile device market, earnings results and market research reports this week point to the ever-increasing importance of smartphones as key to growth in tech.

Hackers increasingly target shared Web hosting servers for use in mass phishing attacks

Cybercriminals increasingly hack into shared Web hosting servers in order to use the domains hosted on them in large phishing campaigns, according to a report from the Anti-Phishing Working Group (APWG).

smartphones

LG sales help smartphones overtake feature phones

LG Electronics more that doubled its sales of smartphones in the first quarter, which was the first time smartphones outsold feature phones, according to market research company IDC.

China's Baidu reports weaker profit growth in Q1

China's largest search engine Baidu reported slowing profit growth in this year's first quarter on Friday, as the company's research and development costs, along with promotion expenses, soared.

online shopping

Senators stall vote on Internet sales tax for now

A handful of lawmakers have stalled the U.S. Senate from voting on legislation that would require large Internet and catalog sellers to collect state sales taxes from their customers.

sony logo

Sony doubles profit forecast after selling U.S. headquarters, stock holdings

Sony has doubled its profit forecast for its recently ended fiscal year, a widely expected move after it sold off major assets including its U.S. headquarters and an office complex in Tokyo.

on techhive.com

Pivotal launched from VMware, EMC technologies

Making good on a promise made in December, VMware and parent company EMC have launched a new company, called Pivotal, to offer an enterprise-ready data analysis platform as a service (PaaS) based on software from both companies.

Apple profit drops on slow iPhone growth

Apple's net profit dropped during the second quarter of 2013 as the company's iPhone shipment growth slowed down, based on year-over-year comparisons.

IBM snatches UrbanCode for DevOps prowess

Sensing a need among its customers for faster software development, IBM has acquired UrbanCode, a provider of tools suited for the emerging practice of rapid software development called devops.

private cloud

Novell unveils Filr as a local alternative to Dropbox

Novell is preparing to release Filr, a new on-premise file-sharing product for companies that want the convenience of a Dropbox while keeping internal control over data.

trojan horse

Trojan horse malware destroys delivery files to hide its tactics

Microsoft is reporting discovery of a sneaky new Trojan program is designed to hide its tracks so that security researchers can't analyze its methods.

Yahoo CEO reaffirms decision to prohibit telecommuting

Yahoo CEO Marissa Mayer defended her decision this week at a Great Place to Work conference, but Earth Day facts don't back her rationale.

Wall Street Beat: Tech bellwethers report mixed quarter

Some of the biggest names in IT including IBM, Microsoft, Google and Intel reported quarterly earnings this week, revealing a picture of the tech sector that, while not as gloomy as had been feared, is nevertheless mixed.