Sun Microsystems reported a second-quarter net loss of $209 million, or 28 cents per share, on sales of $3.2 billion.
Between the Lines
Larry Dignan and other IT industry experts, blogging at the intersection of business and technology, deliver daily news and analysis on vital enterprise trends.
Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic.
Rachel King is a staff writer for ZDNet based in San Francisco.
Zack Whittaker writes for ZDNet, CNET, and CBS News. He is based in New York City.
updated: Looking at the bigger picture, Yahoo's fourth-quarter financial results - which includes a swing to the loss column and a drop in revenue - really doesn't mean much. After all, that was then and this is now.
Yahoo's earnings are out -- and its cash flow took a big hit in the fourth quarter.According to the company:Cash flow from operating activities for the fourth quarter of 2008 was $321 million, a 48 percent decrease compared to $622 million for the same period of 2007.
IBM and Mark Papermaster have come to a truce.Papermaster, who was being sued by IBM, will join Apple April 24, according to a company statement.
It would be un-American to have a Super Bowl without a Budweiser commercial, without a Coca-Cola commercial, without a Chevy tru... - oh, wait, financially-strapped GM won't be airing any ads during this year's granddaddy of all advertising events.
When we last reported on the $1 billion fraud scandal at Satyam Computer Services in India, brothers Ramaling and Rama Raju, former chairman and former managing director and CEO, respectively, had been arrested and the full board of directors had been let go.
This credit-crisis-fueled recession is testing us far more deeply than merely everyone shaving a few costs while we ride this sucker out.
Amazon is planning a press conference Feb. 9 in New York City and the location screams Kindle.
Only 42 percent of companies calculate return on investment for applications they develop, according to a survey. The survey, conducted by PreEmptive Solutions in early December, finds that companies just don't measure return for their internal applications.
EMC joined the growing list of companies that can't see beyond a quarter. The storage giant said Tuesday that it expects 2009 IT spending "will decline as a percentage in the mid to high single digits compared with 2008.