‘Technology and Science’ Articles
Timeline: From dorm room to Nasdaq: Facebook’s meteoric ascent
SAN FRANCISCO (Reuters) - Facebook on Wednesday filed to raise $5 billion in an initial public offering. Here are a few highlights of its meteoric rise, several of which were chronicled in David Fincher's seminal Oscar-winning 2010 movie, "The Social Network":
GT Advanced Q3 beats Street estimates
(Reuters) - GT Advanced Technologies posted quarterly profit above analysts' estimates for the ninth time in a row, partly helped by better performance at its polysilicon segment, but it cut the upper end of its full-year earnings outlook.
Nokia revamp will hurt most of 2012 results: Chairman
HELSINKI (Reuters) - A major revamp at Nokia that includes a deal to use Microsoft Corp software in its smartphones will impact the earnings of the Finnish handset maker throughout most of this year, Chairman Jorma Ollila said on Wednesday.
Qualcomm posts higher profit, raises FY targets
NEW YORK (Reuters) - Qualcomm Inc reported an increase in quarterly profit and revenue, and raised its financial targets for full-year 2012 on strong demand for its wireless chips.
EA revenue rises, sells 2 million units of "Star Wars"
(Reuters) - Electronic Arts' revenue rose more than expected in its third quarter on strong sales of the military-themed game "Battlefield 3" and the highly anticipated "Star Wars" game.
IBM planning major job cuts in Germany: union
(Reuters) - International Business Machines is sounding out plans to cut thousands of jobs in Germany and other countries to improve costs and earnings, a German union official said.
Facebook execs gear up political influence arm
WASHINGTON (Reuters) - Preparing to join the ranks of publicly traded companies, Facebook Inc is also beefing up its presence in the U.S. capital with a first report of money pouring into its newly created political fundraising arm.
Senate panel to look at Verizon spectrum deals
WASHINGTON (Reuters) - A Senate antitrust panel is planning a hearing to discuss Verizon Wireless's multibillion dollar deals to buy wireless airwaves from cable operators and let them resell its mobile service, a spokeswoman said on Wednesday.
