Read more tech sector stories on Newserhttp://www.newser.com/taggrid/14266/tech-sector.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 10:39:56 CSThttp://www.newser.com/story/64574/dow-up-96-despite-cit-woes.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks gained today as the tech sector continued to inspire and economist Nouriel Roubini predicted a recovery in late 2009, the Wall Street Journal reports. Though the looming bankruptcy of CIT Group depressed stocks most of the day, financials were able to trim losses before the close. The Dow rose...http://www.newser.com/story/64574/dow-up-96-despite-cit-woes.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 16 Jul 2009 15:16:41 CDThttp://www.newser.com/story/64455/stocks-soar-on-intel-earnings.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTech stocks soared at the open today, taking major indexes with them, after a strong quarter and upbeat outlook from Intel, the Wall Street Journal reports. The Dow rose 100 points, while the Nasdaq added 30 points and the S&P 11.45 points. Intel was up 7.5% pre-market. “Clearly,...http://www.newser.com/story/64455/stocks-soar-on-intel-earnings.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 15 Jul 2009 8:47:19 CDThttp://www.newser.com/story/56803/yahoo-to-cut-700-jobs-as-profit-plunges.html?utm_source=syn&utm_medium=rss&utm_campaign=tagYahoo says its slump worsened in the first quarter as the recession made it more difficult to sell the ads that generate most of its profits. The company says it will cut 600 to 700 jobs, or about 5 percent of its work force. Yahoo says it earned $118 million,...http://www.newser.com/story/56803/yahoo-to-cut-700-jobs-as-profit-plunges.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 21 Apr 2009 16:21:19 CDThttp://www.newser.com/story/56662/oracle-buys-sun-microsystems.html?utm_source=syn&utm_medium=rss&utm_campaign=tagOracle Corp. has agreed to buy Sun Microsystems, swooping in after Sun’s talks with IBM fell apart. Oracle will pay $7.4 billion, or $9.50 a share for Sun, the Wall Street Journal reports, a 42% premium on Friday’s close. Though Sun has been losing money, Oracle expects the...http://www.newser.com/story/56662/oracle-buys-sun-microsystems.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 20 Apr 2009 7:20:19 CDThttp://www.newser.com/story/48564/ibm-gives-stock-market-hope.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks bounced back at the open this morning, as tech sector hope outpaced financial sector gloom. The Dow climbed 126 points, while the Nasdaq and S&P jumped 2% and 1.7% respectively. IBM was the star of the show, after posting a 12% surge in fourth-quarter profits and an upbeat...http://www.newser.com/story/48564/ibm-gives-stock-market-hope.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 21 Jan 2009 8:47:44 CSThttp://www.newser.com/story/47411/stocks-mixed-on-retail-news.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks ended mixed today amid largely negative retail news and nervousness on unemployment, MarketWatch reports. Investors were shaken by poor December earnings and a reduced quarterly forecast posted by Wal-Mart, which managed to perform well through 2008. The Dow fell 27.24 to close at 8,742.46. The Nasdaq,...http://www.newser.com/story/47411/stocks-mixed-on-retail-news.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 08 Jan 2009 15:32:35 CSThttp://www.newser.com/story/47142/boom-in-netbook-sales-powers-new-features.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAn unexpected 10 million netbooks—scaled down, lower-priced laptops—were sold in 2008, sending tech companies racing into the market, the Wall Street Journal reports. At this week’s Consumer Electronics Show, market segments like cell phones and PCs seem to be converging faster than ever as they try to improve...http://www.newser.com/story/47142/boom-in-netbook-sales-powers-new-features.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 06 Jan 2009 9:46:00 CSThttp://www.newser.com/story/42714/sun-micro-to-cut-5000-jobs.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSun Microsystems intends to lay off 5,000 to 6,000 employees, amounting to 15-18% of the computer maker’s workforce. The cuts should shave about $800 million off Sun’s costs, as the company struggles to compensate for swiftly declining sales. Sun lost $1.68 billion last quarter, as revenue fell...http://www.newser.com/story/42714/sun-micro-to-cut-5000-jobs.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 14 Nov 2008 8:19:44 CSThttp://www.newser.com/story/35760/makeover-rumored-for-nano.html?utm_source=syn&utm_medium=rss&utm_campaign=tagRumors are flying about a makeover for the iPod family in the coming weeks, with the biggest changes in store for the Nano, Ian Paul writes in PC World . The baby of the clan may soon have a much larger and tapered widescreen, according to Apple-watcher Kevin Rose, who also...http://www.newser.com/story/35760/makeover-rumored-for-nano.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 25 Aug 2008 14:37:01 CDT