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Two ratings agencies cut their outlook for the debt of Xerox, the printer and copier maker, after it slashed its first-quarter profit forecast nearly 80 percent, citing reorganization costs and slowing spending on technology. Xerox said it expected earnings a share of 3 to 5 cents, down from its earlier forecast of 16 [...]

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Two American units of the insolvent German memory chip maker Qimonda filed for Chapter 11 bankruptcy protection in United States Bankruptcy Court in Delaware, according to court documents. Qimonda Richmond and Qimonda North America said they intended to locate a buyer for their assets. Qimonda filed for insolvency in January in Germany. The [...]

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Positivo Informatica, Brazil’s biggest computer maker, surged 79 percent in São Paulo trading on speculation that the Lenovo Group had increased its buyout offer. Lenovo, the biggest maker of personal computers in China, bolstered its offer to 31 reais ($13.90) a share from 18 reais ($8.07), said Décio Pecequilo, senior trader at TOV Corretora [...]

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SAN FRANCISCO — The global credit crisis may have caused the decline in consumer and business spending that is assaulting the giants of high tech. But as the dominant technology companies try to emerge from this slump, they may find themselves blaming people like David Title just as much as they blame Wall Street. [...]

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“I am sure all of you saw my letter last week sharing something very personal with the Apple community. Unfortunately, the curiosity over my personal health continues to be a distraction not only for me and my family, but everyone else at Apple as well. In addition, during the past week I have learned that [...]

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Rambus, a designer of high-speed memory chips, may not use 12 of its patents to demand royalties from Micron Technology, a federal judge ruled. Judge Sue L. Robinson of United States District Court in Wilmington, Del., said the patents were unenforceable because Rambus destroyed documents, and called Rambus’s conduct “obstructive at best, misleading at worst.” [...]

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OTTAWA — With the record-setting $50 billion leveraged buyout of Bell Canada all over except for the potential litigation, the company, Canada’s largest telecommunications company, once again faces a possibly bigger issue: reversing the seemingly relentless decline of its business.
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The takeover, which had several [...]

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Intel, the world’s largest chip maker, records most of its profit from its core business, the microprocessors that serve as the brains of most computers. But the company’s side venture in flash memory — which is used to store songs on digital music players and photos on digital cameras — has been another story.
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AS more small businesses rely on e-mail and instant messaging for their communications, they would do well to use a number of inexpensive methods to preserve privacy and ensure that messages are read only by the intended recipient.
Even the smallest of businesses can make use of these security tips and tools, none of which [...]

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AT&T plans to buy the rural phone company Centennial Communications for $944 million in cash to expand its wireless network in Puerto Rico and other regions of the United States. The deal comes amid a wave of mergers in the rural telecom industry, which is struggling with slower wireless growth and declining home phone lines [...]

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