Cisco Systems plans to cut 15% of its staff and sell a set-top box factory as part of a plan to cut annual expenses by $1-billion.
Apple is anticipated to report another dazzling quarter ropelled by strong demand for its perennial bestselling iPhone and the new, thinner iPad 2.
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/ 27 February 2010
Google has developed a prototype for a new mirror technology that could cut by half the cost of building a solar thermal plant.
The US Supreme Court on Tuesday cleared the way for the sale of Chrysler to Fiat, while General Motors began to revamp its widely criticised board.
Chrysler will file for Chapter 11 bankruptcy on Thursday after talks to restructure its debt with bondholders collapsed, a government official said.