Mon, Jul 13th, 2009 | Business |

SAN FRANCISCO (Reuters) - U.S. semiconductor equipment maker Novellus Systems Inc (NVLS.O) posted disappointing margins and a wider than expected loss, but a robust forecast helped limit share losses in late trade. Many investors had bet on a gradual recovery in ...Read More

Twitter COO Dick Costolo: Revenue is on and advertising is coming soon

Fri, Nov 20th, 2009 | SciTech |

Twitter COO Dick Costolo: Revenue is on and advertising is coming soon Twitter COO Dick Costolo is on-stage at the Real-Time CrunchUp in San Francisco. I'm taking some notes as we go. The big takeaways are that Twitter is making more than $4 million a year, but won't specify how much and that's ...Read More

Google phone strategy takes off, challenges ahead

Fri, Nov 20th, 2009 | SciTech |

SAN FRANCISCO (Reuters) - Google Inc has won a seat at the smartphone table. Two years after the Web search leader announced its plan to barge into the market, a dozen phones are using Google's Android mobile operating software, including Motorola ...Read More

Twitter Sales Top $4 Million; Ad Business Planned

Fri, Nov 20th, 2009 | Business |

Nov. 20 (Bloomberg) -- Twitter Inc., the social-networkingcompany valued at $1 billion by venture capitalists, isgenerating sales of more than $4 million a year. The revenue comes from companies that pay to use Twitterdata, Chief Operating Officer Dick Costolo said today ...Read More

AnnTaylor profit beats; cautious on holiday

Fri, Nov 20th, 2009 | Business |

* Q3 adj EPS 20 cts tops Street view of 7 cts * Net sales down 12 pct, miss Street view * Sees Q4 sales down from pvs qtr, drop in gross margin * Shares down 2.8 percent (Recasts; Adds comments from company, ...Read More

San Francisco's health care a model during debate

Fri, Nov 20th, 2009 | Health, Top Stories |

San Francisco's health care a model during debate SAN FRANCISCO -- This city did not wait for Washington's health care overhaul. Most uninsured adults here are already reaping the benefits of a government-run health care program - seeing doctors, filling prescriptions, and getting surgeries they could not otherwise ...Read More

Dell profit falls 54 % amid PC slump

Thu, Nov 19th, 2009 | Business |

SAN FRANCISCO -- Dell Inc. says its latest quarterly profit dropped 54 percent as the company battles a slump has caused it to lose its ranking as the world's No. 2 personal computer maker. Rivals Hewlett-Packard Co. and Acer Inc. have ...Read More

On the Call: Dell's CEO Michael Dell

Thu, Nov 19th, 2009 | Business |

SAN FRANCISCO—A key element of Dell Inc.'s turnaround strategy has been a vow not to cut prices as aggressively as rivals just to keep market share. The tactic has allowed competitors such as Acer Inc. and Hewlett-Packard Co. to steal ...Read More

AOL offers buyouts to over a third of work force

Thu, Nov 19th, 2009 | Business |

SAN FRANCISCO -The struggling Internet company AOL plans to shed up to 2,500 jobs — more than a third of its work force — as it prepares to separate from Time Warner and finally sever their ill-fated marriage. Major job cuts ...Read More

UPDATE 1-Intuit posts narrower-than-expected loss

Thu, Nov 19th, 2009 | Business |

* Q1 loss of 10 cts/shr vs Street view for 16 cent loss * Sees Q2 profit of 29-32 cents vs Street view for 37 cents * Shares little changed BOSTON, Nov 19 (Reuters) - Intuit Inc (INTU.O), maker ofQuickBooks accounting software, posted ...Read More

Twitter Now Asks "What's Happening"

Thu, Nov 19th, 2009 | SciTech |

Twitter has implemented a small change today, which by comparison to Retweets and UI redesigns isn't such a huge deal but it's definitely worth mention. Twitter's prompting question above the box from which you Tweet from has been "What are ...Read More

AOL plans to cut a third of staff after split from Time Warner, buyouts offered to 2,500

Thu, Nov 19th, 2009 | Business |

AOL plans to cut a third of staff after split from Time Warner, buyouts offered to 2,500 SAN FRANCISCO (AP) - The struggling Internet company AOL plans to shed up to 2,500 jobs - more than a third of its work force - as it prepares to separate from Time Warner and finally sever their ill-fated marriage. Major ...Read More

Sears loss narrows, but underlying problems linger

Thu, Nov 19th, 2009 | Business |

* Q3 adj loss/shr $1.04; Street view loss $1.09 * Kmart same-store sales up for first time in four years * Shares down 3.3 percent (Recasts to reflect falling stock price; adds analyst comment,details) WILMINGTON, Del. (Reuters) - Sears Holdings Corpposted a smaller-than-expected quarterly ...Read More

UPDATE 2-Higher costs, competition weigh on China's NetEase

Thu, Nov 19th, 2009 | Business |

* Q3 44 cents per ADS vs Street view 48 cents * Q3 revenue $128.8 million vs Street's $138.7 million * Shares fall more than 8 pct after hours * Sees higher sales, marketing costs in near future * Eyes four game releases by ...Read More

Salesforce offers Chatter to companies

Wed, Nov 18th, 2009 | SciTech |

* Lets companies build internal social networks * Aiming at competing products from IBM, Microsoft * Can pull information from Facebook, Twitter (Adds comments from CEO, details on product) SAN FRANCISCO/BOSTON, Nov 18 (Reuters) - Salesforce.com Inc(CRM.N) introduced am internal collaboration tool for businessesthat ...Read More

House healthcare bill includes financial boost for California

Wed, Nov 18th, 2009 | Health |

Reporting from Washington - Contained in the nearly 2,000-page House healthcare bill is a little-noticed provision -- worth $300 million to California -- that would increase federal Medicare payments to doctors in a wide swath of the state in response ...Read More

Lautner’s Jacob challenges Pattinson’s Edward in ‘New Moon’

Wed, Nov 18th, 2009 | Entertainment |

SAN FRANCISCO — For hundreds of hardcore “Twilight” fans who stood in line for hours at this year’s Comic-Con, pining for a peek at their heroes, the choice was simple: Team Edward or Team Jacob. Last year, it was Robert Pattinson ...Read More

Sony says e-readers in demand, shipments delayed

Wed, Nov 18th, 2009 | SciTech |

SAN FRANCISCO (Reuters) - Sony Corp said on Wednesday that early demand for its latest electronic reader was higher than expected in advance of the holidays and shipment delays could result. A Sony spokesman said the $399 e-book reader, called the ...Read More

Salesforce Adds Enterprise Social Networking

Wed, Nov 18th, 2009 | SciTech |

Salesforce.com CEO Marc Benioff jokes about having 5,000 of his closest friends on Facebook. As result, he says, he knows more about strangers than his employees. Wednesday, at the company's annual Dreamforce conference in San Francisco, Salesforce.com introduced Salesforce Chatter, ...Read More

Salesforce to offer social networking for companies

Wed, Nov 18th, 2009 | SciTech |

Salesforce to offer social networking for companies Salesforce.com on Wednesday announced a social networking service called Salesforce Chatter for its customers' in-house operations, giving a corporate flavor to a technology that's largely been for personal use. Salesforce Chatter lets employees set up profiles to connect with coworkers, issue ...Read More

Dreamforce: Salesforce Launches Real-Time Social Network Salesforce Chatter

Wed, Nov 18th, 2009 | SciTech, Top Stories |

Dreamforce: Salesforce Launches Real-Time Social Network Salesforce Chatter We're here at Dreamforce, Salesforce.com's annual cloud computing event in San Francisco. CEO Marc Benioff is delivering the keynote and we will be live-bogging the news below. Salesforce has had a banner year, reporting strong earnings yesterday for the third ...Read More