Gadgets

Take-Two to Buy Back Icahn’s Shares

Take-Two plans to repurchase the 12 million shares held by activist investor Carl Icahn, and directors backed by the Icahn Group resigned as part of a previous arrangement.

Sprint Shares Rally as 2Q Sales Grow

Sprint posted a wider-than-feared 2Q loss due to the shutdown of its Nextel business and a bigger-than-expected drop in contract subscribers.

Applied Materials Revenue Rises 9.9%

Applied Materials reported a 9.9% rise in quarterly revenue as chipmakers spent more on technology used to make smartphones and memory chips.

Dell Acknowledges Security Hole in New Laptops

Major U.S. computer company Dell Inc [DI.UL] said on Monday a security hole exists in some of its recently shipped laptops that could make it easy for hackers to access users’ private data.

Video Game Sales Slump 19% in July

Video game demand dove for the sixth consecutive month in July, as gamers wait for the launch of refreshed consoles from Microsoft and Sony.

EA 4Q Sales Top Street, Shares Jump

EA posted an adjusted 4Q profit of 55 cents a share, missing estimates by two cents, however adjusted revenues rose just above Wall Street expectations.