Intel raises quarterly dividend and revenue forecast

Santa Clara-based Intel was the top gainer in the Dow yesterday after the chipmaker raised its quarterly dividend and its revenue forecast for next year. Intel also announced plans to increase its capital spending to $10 billion

Citrix to cut 1,000 jobs

Santa Clara-based Citrix Systems has announced it will cut 1,000 jobs and spin off its GoTo collaboration software business. Derrick Villa files this report. —————————- Just before the announcement was made, Citrix had planned to cut 700 full

Apple to open first retail store in Singapore

SINGAPORE (AP) – Apple will open its first retail store in Singapore, which will also be Southeast Asia’s first to be powered strictly by solar energy. Solar energy developer Sunseap Group said in a statement that it

Cisco posts quarterly earnings today

San Jose-based Cisco Systems posts its first quarter earnings for 2015 today after the close of trading. Analysts expectations are on CEO Chuck Robbins to report a quarter of small growth for the network and Internet of

Safeway Theranos

Safeway Splitting from Theranos Agreement

Safeway is looking for a way to get out of a multi-million dollar contract with Palo Alto-based Theranos, Inc., because of problems with the company. The report, first brought to light by the Wall Street Journal, says