Lenovo

Lenovo (OTC: LNVGY) is about to close its acquisition of International Business Machines Corp.'s (NYSE: IBM) low-end server business. The $2.1 billion deal is one of many that Lenovo has used to bolster its company. Previously, Lenovo purchased IBM's consumer PC business. Earlier this...

Shares of Google (NASDAQ: GOOG) (NASDAQ: GOOGL) may not initially benefit from Android Wear, but the stock could tumble if the new OS isn't promoted this week. "If Google does not launch Android Wear OS and…smartwatches, then the stock goes down," Trip Chowdhry, Managing...

Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) have agreed to drop all lawsuits between the two companies in an agreement that covers patent litigation involving Google’s Motorola unit, The Wall Street Journal reported Friday. For those hoping Friday’s agreement signaled the beginning of the...

Samsung (OTC: SSNLF), the world’s largest maker of smartphones reported a second straight quarter of declining profits Tuesday. The decline stemmed from slowing demand for high-end devices like the Galaxy S4 smartphone. Profits fell, the company said, from 8.8 trillion won to 8.4 trillion ($8...

Worldwide tablet sales grew 68 percent through 2013, according to information technology research and advisory company, Gartner (NYSE: IT) in a report released Monday. Tablets, Gartner said, made up 90 percent of overall ultramobile sales in 2013. In addition to tablets, the ultramobile sector...

It features a heart rate monitor, fingerprint reader and is water-resistant. It’s Samsung's (OTC: SSNLF) latest entry in the Samsung versus Apple wars, the Galaxy S5. Introduced at the Mobile World Congress in Barcelona on Monday, the device relies on Google's (NASDAQ: GOOG) Android OS and has...

If reports from DigiTimes, IB Times, and CNET are accurate, Google's (NASDAQ: GOOG) tablet and smartphone lineup for 2014 will begin with launch of an 8-inch Nexus tablet in April, followed by release of a Nexus 6 smartphone and the long-delayed Nexus 10 2 tablet. According to DigiTimes, Google...

U.S. stocks rallied for the second straight day, ending a tumultuous week on a positive note as investors found more positives than negatives in today's job reports. "It was bad, but not that bad," an investment officer at Wells Fargo told CNBC. "We've made some progress here, we still think we...

U.S. technology giant, International Business Machines (NYSE: IBM) has appointed Goldman Sachs (NYSE: GS) to help it explore the possibility of selling its semiconductor manufacturing business, according to a report in the Financial Times on Thursday. Sources told the newspaper that in lieu of...

U.S. stocks rose today as investors and traders felt that there were plenty of bargains in the market to be found. "Today is just a bounce. I don't think there is really that much behind it, other than some bargain hunters stepping in," Robert Pavlik, a chief market strategist said to CNBC....

Google's (NASDAQ: GOOG) acquisition of Nest could have played a role in the tech giant's decision to sell Motorola to Lenovo for $2.91 billion. Goodbye, Motorola. Hello, Nest. Romain Dillet of TechCrunch wrote that Google's newly-acquired unit will be asked to utilize its knowledge and...

Apple (NASDAQ: AAPL) didn't have any major products to unveil this week, but the Mac maker did make one major announcement. Once again, Apple has set a new record for quarterly iPhone sales. Meanwhile, Google (NASDAQ: GOOG) got out of the smartphone manufacturing business and sold Motorola...

Google (NASDAQ: GOOG) is up less than one percent after the company announced its fourth quarter results. The search engine giant reported a Q4 EPS of $12.01 versus the Street estimate of $12.24. Earnings per share were up 13 percent from the year-ago period. Revenue came in at $13.6 billion...

After purchasing Motorola for $12.5 billion in 2012, Google (NASDAQ: GOOG) announced Wednesday it will sell the division for $2.91 billion to Lenovo (OTC: LNVGY). Despite what appears to be a $9.5 billion loss, Michael J. De La Merced of New York Time's DealBook wrote that Google “did not do so...