Apple shares hit 16-month low over supplier woes

SAN FRANCISCO: Apple’s shares fell below $400 on Wednesday for the first time since December 2011 after a US chip supplier’s disappointing revenue forecast fanned fears about weakening demand for the iPhone

Microsoft CFO to leave; profit, shares rise

SEATTLE: Microsoft Corp chief financial officer Peter Klein is leaving at the end of June after 3-1/2 years in the post, as the world’s biggest software company struggles with sharply declining personal

Google Q1 earnings rise 16%, mobile ads growing

SAN FRANCISCO: Google’s latest quarterly results provided further proof that the internet search leader is figuring out how to make more money as web surfers migrate from personal computers to mobile devices.

Lenovo confirms acquisition talks with IBM

Lenovo Group on Friday said it was in preliminary talks about a potential acquisition, following a media report that IBM was negotiating the sale of its x86 server hardware business to the