A research group is forecasting that sales of smaller tablets will double this year with the expected announcement of a mini iPad on Tuesday.
Troubled Zynga’s stock is trading near its lowest level ever Friday after the online game maker behind “FarmVille” forecast a third quarter loss amid weak demand for its Web-based games. It’s also taking a hefty charge related to its March acquisition of mobile game company OMGPop.
Hewlett-Packard CEO Meg Whitman expects the technology company’s earnings to fall during the next year as she struggles to fix a wide range of problems in a weakening economy.
Oracle’s earnings matched analyst estimates in the latest quarter, but a revenue decline signaled the business software maker is having a tougher time closing deals.
Intel is cutting its third-quarter revenue forecast due to softer-than-expected demand amid difficult economic conditions.
The Bay Area Air Quality Management District has issued another Spare the Air alert for the region for Friday.
Intel, the world’s largest chipmaker, says the weak global economy is slowing its growth, and revenue for the current quarter is likely to come in below Wall Street expectations.
The board overseeing California’s teacher pension system has lowered the fund’s investment forecast for the second time in 14 months.
Apple Inc. failed to set a new sales record in the last three months of founder and CEO Steve Jobs’ life. Its financial results came in below expectations on Tuesday – a rare miss for the company.
Skies have turned gray over the Bay Area, and rainfall was expected for the next few days as a storm system from the Gulf of Alaska passes through the region.