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Usman Khalid
Joined on: Nov 30, -0001 Published stories: 1671

Articles By Usman Khalid

Mellanox down 8 percent Monday after downgrade in share ratings

Mellanox, an Israeli chip making company saw a booming year 2012 with profitability rising exponentially. However, in the latest ratings from Stifel Nicolaus resulted in a drop of 8 percent in the company’s shares. Mellanox reported a more than 250 percent growth rate during this year compared to the last fiscal term. And it is […]

Intel lowers its third quarter revenue targets after disappointing laptop sales

Intel has lowered its expectations on Q3 revenues after the disappointing sales performance of notebooks. Intel shares were down 1 percent in the pre-market trading after the release of the report. The company lowered the bar 7.3 percent from previously expected $13.8 Billion to $14.8 Billion in sales to $12.9 Billion to $13.5 Billion. “Relative […]

Audience share dive 67 percent after the fear Apple might scratch contract

Shares of audio enhancement chip makers, Audience, fell a whopping 67 percent late Thursday, a near-crash experience. The slide started after the company announced that its biggest purchaser Apple will not be buying the merchandise anymore. Audience develop and manufacture voice enhancement chips for electronic gadgets that boast voice calls. Their products discern the background […]

Europe telecommunication sector hopes for leeway from regulators

Europe’s economic woes still loom over the heads of the masses. Unemployment rates are soaring and industry after industry is tumbling. Telecommunication sector is no exception to the premise and Euro regulators are not helping the cause. One of the most viable options that telecom companies have for finding a way out of the oblivion […]

Apple expected to introduce online radio service, sources say

Apple is probing deeper into the music industry with a new online radio service. Though there is no official word on this app or browser-based service, Wall Street Journal has reported that the Cupertino-based company is in talks with officials from record labels for rights to their tracks on the radio. The service is expected […]

Amazon integrates Dolby audio product for the first time in a tablet

Tablets have improved substantially in video qualities with HD video support up to 1080p. Cameras have received reinforcements with full HD quality capturing, so has the screen resolution improved with Retina Displays and HD resolutions. What has been ignored is the audio. Dolby took a swing at the audio quality in slates and Amazon Kindle […]

Infoblox misses on estimates, shares fall 13 percent

Infoblox missed on the estimates from analysts on Friday. The company issued an outlook report on the full fiscal 2013 and expected profits per share that were lower than what experts had gauged. Its shares were down 13 percent in the afternoon trading following the report. The company expects the estimated profits per share for […]

Palo Alto Networks set to release first quarterly report this week after going public in June

Palo Alto Networks is slated to release the quarterly report on fiscal fourth quarter ended July 31 this week. The company went public in June and this will be its first public announcement of the financial report to the investors. The company is expected to show a profit, analysts say. The joint poll conducted by […]

PayPal still waiting for approval on domestic payment service license from Chinese central bank

eBay owned PayPal stated Thursday that it is still waiting for a reply from Chinese central bank, People’s Bank of China, on the request filed for online payment services license in the country’s domestic market. According to the company, the application was filed a year earlier and is still in approval process. They say they […]

Gartner shares at all time high after an upward trend since quarterly report

The technology sector growth is slow and that is not news. It is more congruous to the overall global economy instead of working as a separate unit. One thing that is in the boom is market search and Gartner, the largest technology market research firm is on the fast track. After releasing the quarterly report […]

Western Digital shares move up after analysts move the rating up to strong buy

Seagate Technology and Western Digital, the two major digital storage hard disc drive providers are facing entirely differing situations in the stock market. Seagate, the temporary market leader for a better part of 2012 saw a downward motion in its stock on Thursday while WD was up on the graph. The stock changed colour when […]

Microsoft plans to employ another thousand people in China to cope rapid growth

Microsoft is expanding its human resource pool by a thousand more employees in China to increase the product services it offers in the region. Due to the briskly expanding consumer market in China, the Seattle-based company has decided to increase the workforce in research and development, and customer services. China is the fastest growing mobile […]

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