There is no longer a “telecom” industry, according to former Verizon Communications (VZ) chairman and CEO Ivan Seidenberg, who says “the walls between telecom, technology, media and entertainment have collapsed,” as evidenced by Apple’s expected jump into Web TV. “All worlds have converged,” said Seidenberg, now an advisory partner at financial services firm Perella Weinberg Partners. He says Internet-based, consumer-facing firms such as
Despite the release of Microsoft’s (MSFT) Windows 10 operating system, personal computer sales are expected to remain weak through early 2016, Hewlett-Packard (HPQ) executives predicted Thursday. On a conference call with analysts to discuss fiscal third-quarter earnings, HP executives were cautious on their outlook for PC and printer sales. “We now see a difficult business environment for at least several quarters to come,” HP CEO Meg Whitman
A week after announcing a corporate restructuring to break up the search leader’s wide-ranging operations into smaller, most-focused pieces, Google (GOOGL) said it has separated its life sciences division into a stand-alone entity, giving that division more freedom. The search firm’s 3-year-old life sciences group has graduated from the hush-hush Google X experimental unit dedicated to big technology breakthroughs, or “moonshots,” to reside under