Venture capital activity ‘sluggish’ and continuing to decline in Q1 2013

Reports issued by PricewaterhouseCooper, the NVCA, and Pitchbook find that 2013 is off to a slow start for venture capital, although software continues to reign in the dollars.

IBM reports Q1 net income bump of 7 percent, but overall revenue flat

IBM’s first quarter results for 2012 were decidedly mixed: It saw a 7 percent increase in net income, but its revenues were flat, the company reported this afternoon.

Net income for the Q1 was $3.1 billion compared with $2.9 billion …

Barnes & Noble misses Street expectations, but thankfully Nook business is up nearly 40%

Barnes & Noble missed Wall Street expectations with its fiscal third-quarter results on Tuesday, but at least it had some positive news on deck. Not only did the company announce the $199 8GB Nook Tablet, but also its overall Nook …

Amazon disappoints with dramatically lower profits for Q4

Amazon CEO Jeff Bezos is probably not a happy man today, with the company reporting disappointing fourth quarter 2011 earnings, including a dramatic 58 percent decline in net income.

Many analysts were unsure where Amazon would stand this past quarter …

Key investor sells half of RIM shares, stock price plunges 20 percent

The sixth-biggest investor in mobile device maker Research in Motion (RIM) told Bloomberg on Friday that it had sold more than half of its holdings in RIM due to market share loss.

“We are on the way out,” Stephen Stephen …