May 13, 2010 |
The success of Apple Inc.'s iPad has prompted other tech companies to plunge into the market for tablet computers, with start-ups and major PC makers racing to introduce their own competing devices before the end of the year. Verizon Wireless Inc. confirmed Tuesday that it has a tablet in the works. Speculation is swirling around the intentions of Hewlett-Packard Co., the world's biggest PC maker and the company that some believe has the best shot at catching up with Apple's early iPad lead.
December 24, 2009 |
In Wall Street's horse race among stock sectors this year it won't be a photo finish: Big-name technology shares are way out front and still pulling away from the field. Among the 10 major industry sectors in the Standard & Poor's 500 index, tech stocks have rallied 59% in 2009, on average, led by well-known names such as Google Inc. (up 99%), Microsoft Corp. (59%) and IBM Corp. (59%). The tech sector's advance far outpaces the index's second-best sector, basic-materials stocks, which are up nearly 46% year-to-date on average.
October 23, 2009 |
Can Windows 7 repair Microsoft Corp.'s reputation and trigger enough sales to pull the technology sector out of its financial funk? That seemed to be the overriding question Thursday as Microsoft officially took the wraps off its latest operating system, much of which was already public knowledge, with more than 8 million testers having used it since January. In the past, thousands of technology companies could count on each release of a new Windows operating system to deliver its own economic stimulus: Millions of consumers would rush out to buy faster computers and companies would splurge on more powerful computer systems.
October 19, 2009 |
Over the last year, the technology world has been enamored of the possibilities of moving into the cloud. That's the latest trend in computing that enables consumers to forget about storing their software and data on local hard drives -- where it can be zapped by electrical surges and soft-drink spillage -- and let companies such as Amazon .com Inc., Google Inc. and Microsoft Corp. worry about keeping it safe on a network of remote servers. The cloud computing concept is so appealing that the city of Los Angeles is considering scrapping its current e-mail system and replacing it with a cloud-based offering from Google, joining more than 2 million businesses already using that company's system.
October 14, 2009 |
The nation's bellwether technology sector is kicking into gear as businesses and consumers boost their spending on computers and electronics. Shipments of semiconductors are on the rise. Some companies are hiring. Tech stocks outperformed the market all summer. And U.S. exports to China, including technology products, have climbed 33% since January. That's good news for California, home to hundreds of companies that make the software, chips and switches that power many of today's bestselling computer and electronics devices.
July 10, 2009 |
Google Inc. made waves in the tech world this week when it announced plans to release an operating system called Google Chrome OS that would encourage wider use of something called cloud computing. Although most have never heard of cloud computing, many do it every day.