Intel hopes its newest acquisition FLOPS. Well, exaFLOPS, to be exact. This week Intel signed an agreement to buy certain InfiniBand assets from storage and data networking company QLogic. The [...]
Top US health insurer WellPoint is taking an interesting cost-control tactic by bumping up fees paid to primary care physicians. The company is hoping that the fee increase, which will [...]
Taiwan-based smartphone maker HTC is rethinking its product lineup after a lackluster Q4; the company’s profit fell by more than one quarter during the period, although profit for 2011 as [...]
As competition in the tablet market heats up, Strategy Analytics released a press release this week comparing global market share of the world’s top two tablet operating systems: Apple‘s iOS and [...]
Today Ford Motor Company reported that it posted a profit for three straight years in a row, while earning its largest profit in 13 years. These positive results were no small feat for an auto company that lost $30.1 billion from 2006 to 2008 as the economy collapsed into the worst recession since the Great Depression. Recent gains come after Ford improved its quality and expanded its lineup with fuel-efficient models like the Fiesta subcompact, as well as a redesigned Explorer SUV. In particular, the company reported strong sales in North America for the year: Ford sold 11 percent more cars and trucks at American dealerships in 2011 than the prior year.
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