Filed under: Technology , Economy , People , Healthcare , Media , Facebook On the surface, the twisted tale of Nathalie Blanchard seems to be yet another cautionary tale about how Facebook isn’t really private, how social media can get you fired, and how the internet is a cruel mistress. On a deeper level, Blanchard’s story indicates the growing popularity — and danger — of Facebook spies. Blanchard, a Quebec employee of IBM, has been on longterm sick leave since Valentine’s Day 2008, when she was diagnosed with major depression . For the ensuing year and a half, she has lived off monthly payments from her health insurance company, Manulife. Continue reading Facebook spying costs Canadian woman her health benefits Facebook spying costs Canadian woman her health benefits originally appeared on DailyFinance on Mon, 23 Nov 2009 17:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Company News , Technology , Earnings , Hewlett-Packard , Dell , IBM Hewlett Packard ( HPQ ), the Silicon Valley pioneer, reported a 14% jump in profit Monday night, thanks to cost-cutting measures that more than offset an 8% reduction in revenue. The results weren’t a surprise: HP provided guidance earlier this month, when it announced plans to acquire 3Com, the networking giant. “We believe that HP will outperform the market,” HP CEO Mark Hurd said in an upbeat appearance on CNBC. “Spending will continue to be prudent in 2010, but it will be better than 2009.” Despite the profit growth, investors weren’t that impressed. HP shares were trading down over half a percent late Monday in after-hours trading. Continue reading Hewlett-Packard posts a 14% earnings rise, but investors aren’t impressed Hewlett-Packard posts a 14% earnings rise, but investors aren’t impressed originally appeared on DailyFinance on Mon, 23 Nov 2009 18:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Company News , Technology , Earnings , Hewlett-Packard , Dell Dell ( DELL ) said Thursday that its net income dropped 54% in the latest quarter amid signs the company isn’t fully benefiting from the computer industry’s fledgling recovery. Dell’s numbers missed Wall Street’s forecasts, and the shares fell almost 6% in extended trading. In the last quarter, Dell lost its ranking as the world’s No. 2 personal computer maker, a slot now held by Taiwan’s Acer Inc. Dell rivals such as Acer and Hewlett-Packard ( HPQ ) have stolen market share in part by exploiting their bigger presence in retail stores. That has been a big weapon because consumer interest in little laptops called “netbooks” has helped the PC industry start to pull out of its worst slump in years. Continue reading Dell profit falls 54%, missing forecasts and a tech recovery Dell profit falls 54%, missing forecasts and a tech recovery originally appeared on DailyFinance on Thu, 19 Nov 2009 17:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Company News , Earnings American investors have taken some comfort in the surprising resiliency of the international economy. As domestic business conditions remain anemic, the strength of emerging markets in regions like Asia and South America are supposed to provide a silver lining for American companies. Half of the revenue for companies listed on the S&P 500 index, after all, come from outside the U.S. – and many big tech names like Google (GOOG) and IBM ( IBM ) are doing particularly well overseas. That’s why SAP’s ( SAP ) announcement on Wednesday morning that it now expects lower revenue for the full year than it previously forecast because of weakness in emerging markets and Japan understandably rattled investors. Shared of the Walldorf, Germany-based company tumbled nearly 10 percent to $46 on the day. That beating contributed mightily to the tech-heavy Nasdaq turning in the worst performance among the major indexes, dropping 2.66 percent, or 56 points, to 2,059. Continue reading SAP helps sink NASDAQ, but the software maker may be a poor indicator SAP helps sink NASDAQ, but the software maker may be a poor indicator originally appeared on DailyFinance on Wed, 28 Oct 2009 17:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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