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Google trims another 1200 jobs from Motorola Mobility

Motorola Mobility is cutting 1200 staff, in addition to a reduction of 4000 staffers it announced in August, to focus on high-end devices.

Foxconn still in talks for Sharp stake, despite Samsung deal

Taiwan's Foxconn Technology Group said it was still negotiating a deal for greater cooperation with Sharp, despite the Japanese display maker securing a $110 million investment to supply LCD panels to rival Samsung Electronics.

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Sony to sell its stake in mobile game developer DeNA

Sony will sell off its holdings in mobile game firm DeNA for about US$440 million, the latest in a string of deals that could boost its bid for a profitable year.

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HP still innovating, still cutting jobs to restructure, CEO says

HP has reached the halfway point in its restructuring, with 15,000 employees left to cut to meet its layoff target by the end of next year, according to CEO Meg Whitman.

HP shareholder revolt targets two directors, auditor over Autonomy purchase

An investor advisor group is asking shareholders of Hewlett-Packard not to re-elect two long-standing board members and to oppose the ratification of the company's audit firm in connection with the continuing controversy over the company's purchase of Autonomy.

Apple supplier penalized for polluting nearby river in China

An Apple supplier known for making iPads has been penalized by Chinese authorities for turning a nearby river in Shanghai "white" after dumping pollutants during the nation's Spring Festival holiday.

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HP reports drop in profit but says turnaround effort making progress

Hewlett-Packard reported a drop in profit for the last quarter as printer and PC sales both declined, but said cost-cutting measures the company announced last year are starting to pay off.

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Oracle moves manufacturing jobs from Mexico to the US

Oracle is moving 130 manufacturing jobs from Mexico to Oregon in the U.S., a company spokeswoman said.

Customers seek details on Dell's direction under private ownership

Dell's decision to go private has led to mixed reaction from the company's customers, who are watching developments closely as they consider the next steps in their product procurement plans.

Former Atari CEO bids to save his old gaming company from bankruptcy

Former Atari Interactive CEO Frédéric Chesnais has decided to take a 25.23% stake in the company in a bid to save it from bankruptcy, Atari announced on Tuesday.