CEO Steve Ballmer expected to announce dramatic restructuring around services and hardware this week, sources tell AllThingsD.
CEO Steve Ballmer is reportedly at work on a "major" change to his company's structure to focus its efforts on devices and services.
The Norwegian browser maker cut 91 jobs, some through a voluntary severance program, as part of its embrace of the open-source WebKit browser engine also used in Apple Safari and Google Chrome.
Software company's shares fall after announcing it will take a $94 million charge to focus on digital media and marketing.
Research In Motion is exploring options that include opening up its proprietary secure network and finding ways to boost revenue from BlackBerry 10.
Despite higher sales, Sony's fiscal first quarter results show the technology giant still facing pressure in some key areas.
The company plans to eliminate 900 jobs, but hire 550 new positions as part of an overhaul of the business.
More change for T-Mobile is afoot, as the fourth-place wireless carrier attempts to reduce its operating costs.
Cisco CEO John Chambers said the first quarter was solid as the company weathered economic uncertainty and limited capex spending.
Yahoo CEO Jerry Yang tells Yahoo employees in an e-mail that the company has "been through a tremendously challenging year."