Apple is reportedly delaying the production ramp-up of its flagship iPhones coming later this year by about a month.
Stories by Reuters
Apple is planning to fix a flaw that a security firm said may have left more than half a billion iPhones vulnerable to hackers.
India-based Infosys has suspended its full-year 2021 revenue forecast, joining its software outsourcing rivals in flagging a hit to its business.
Alibaba Group will invest 200 billion yuan in its cloud infrastructure over three years - a plan that follows a boom in demand for business software.
Verizon Communications has agreed to buy video-conferencing company Blue Jeans Network, a rival of Zoom, for an undisclosed price.
Webex registered a record 324 million attendees in March as coronavirus-led lockdowns forced businesses to have employees work from home.
France’s competition watchdog has fined Apple 1.1 billion euros, saying it was guilty of anti-competitive behaviour towards its distribution and retail network.
Xerox, which is in a proxy fight for control of HP, will postpone meetings with shareholders of the PC maker amid the coronavirus outbreak.
HP has rejected Xerox's raised takeover bid of about U.S.$35 billion, saying it undervalued the personal computer maker.
Microsoft said it does not expect to meet its quarterly revenue forecast for its Windows and personal computing business as a result of the coronavirus outbreak.
Xerox has said it will continue to pursue HP, even after the PC maker said it would implement a poison pill plan to shield itself against a takeover offer.
Xerox has raised its offer to buy HP by US$2 to US$24 per share, following several rejections of its previous buyout offer by the PC maker.
Xerox has threatened to take its US$33.5 billion buyout bid for HP hostile.
Private equity firm Apollo Global Management has approached Tech Data with an offer to acquire the company for US$5 billion, people familiar with the matter have said.
Oracle plans to hire nearly 2,000 additional workers as part of an aggressive plan to roll out its cloud computing services to more locations around the world.