Sid Parakh News
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Microsoft Corp.’s third-quarter profit exceeded analysts’ estimates, buoyed by cost controls and sales of business and server software amid weak demand for personal computers running the new Windows 8 operating system.
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Clearwire Corp. may have to retreat from selling wireless service under its own brand if it wants to receive more funding from Sprint Nextel Corp. , the third-largest U.S. wireless operator that owns 54 percent of Clearwire .
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Hewlett-Packard Co. said it will hold off selling tablets based on ARM Holdings Plc technology when the next version of Microsoft Corp.’s Windows operating system debuts later this year.
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Microsoft Corp. unveiled an upcoming version of its Windows operating system that can run handheld touch-screen computers, aimed at narrowing the lead of Apple Inc.’s iPad in the market for tablets.
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EMC Corp. ’s $2.25 billion purchase of Isilon Systems Inc. pushes it deeper into the $19 billion external-storage market and gives it more ammunition against rivals NetApp Inc. and International Business Machines Corp.
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Microsoft Corp. is updating its online corporate software offerings to include a full Internet- based version of Office 2010 for the first time, an effort to stave off competition from Google Inc. for business accounts.
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Clearwire Corp. , the provider of wireless broadband services, may be able to get additional capital from partner Sprint Nextel Corp. with a retreat from its retail expansion, analysts said.
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