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Video game retailer class="mandelbrot_refrag"> GameStop Corp reported a 7 percent rise in quarterly revenue, driven by growth in its mobile class="mandelbrot_refrag"> business and demand for new games consoles made by Sony Corp and class="mandelbrot_refrag"> Microsoft Corp . GameStop's shares rose as much as 5 percent in extended trading on Thursday, after the company also reported a better-than-expected first-quarter profit. class="mandelbrot_refrag"> GameStop forecast second-quarter class="mandelbrot_refrag"> earnings of 12-20 cents per share. Analysts are expecting earnings of 17 cents per share, according to Thomson Reuters I/B/E/S. To combat falling video game software sales, GameStop has stepped up sales of used games and hardware in recent years, as well as expanding its range of digital and mobile products to include iOS and Android devices in some stores. The Grapevine, Texas-based company said

class="mandelbrot_refrag"> Hewlett-Packard Co plans to cut as many as 16,000 more jobs in a major ramp-up of CEO Meg Whitman's years-long effort to turn around the personal computer maker and relieve pressure on its profit margins. Whitman said the turnaround remained on track and her raised target reflected how HP continued to find areas to streamline across its broad portfolio, which encompasses computing, networking, storage and class="mandelbrot_refrag"> software . But some analysts wondered whether it signaled a worsening outlook for the coming year, or if more jobs may be cut. "The rationale makes sense," said RBC analyst Amit Daryanani. But "you do worry if there's a finality to this process, or if it's an ongoing thing that may affect morale at the end of the day. So far the trend has been worrisome." HP, whose sprawling global operations employ more than 250,000, estimated about three years ago when it first hat

class="mandelbrot_refrag"> Google Inc ( id="symbol_GOOGL.O_0"> GOOGL.O ) is developing a new 7-inch tablet that can capture 3-D images, and plans to produce about 4,000 of these prototypes beginning next month, the Wall Street Journal reported, citing people briefed on the company's plans. _0"> The device, which is part of Google's Advanced Technology and Projects group 'Project Tango,' will have two back cameras, infrared depth sensors and advanced class="mandelbrot_refrag"> software that can capture precise three-dimensional images of objects, according to the Journal. Google's Project Tango is a platform for Android phones and tablets designed to track the full 3-dimensional motion of the device as you hold it, while simultaneously creating a map of the environment around it. The Project's flagship product, a prototype smartphone, released in February has similar sensors and is designed to create a three

For satellite imagery provider class="mandelbrot_refrag"> DigitalGlobe Inc, a $400 million-a-year global market awaits as soon as the United States relaxes regulations on the sale of higher-resolution images. That day cannot come soon enough for the only provider of commercial satellite images in the United States. Until then, class="mandelbrot_refrag"> DigitalGlobe cannot use its technology to full effect, Chief Financial Officer Yancey Spruill told Reuters in an interview. "There is a market opportunity with a roughly $400 million addressable market that we cannot participate in today because of the regulatory regime of our government," Spruill said. Longmont, Colorado-based DigitalGlobe sells satellite images used by governments and companies such as Google Inc to make maps. It also provides imaging services and satellite monitoring for mining and oil companies. DigitalGlobe has waited almost a year since applying with the U.S. Departmen

Panasonic Corp said it expected to become the sole manufacturer in class="mandelbrot_refrag"> Tesla Motors Inc's planned multibillion-dollar U.S. battery factory, firming up its commitment to the electric car maker's project. The Japanese class="mandelbrot_refrag"> electronics conglomerate had until this week made only cautious comments about Tesla's plans, for which the carmaker is seeking total investment of around $3 billion in addition to the $2 billion it has pledged to contribute directly. Panasonic does not have a timeframe for a decision on its investment but any expenditure this year would be small, Yoshio Ito, senior managing executive officer and president of the Japanese firm's automotive and industrial division said on Friday. "As we're not anticipating any sudden tenfold increases in demand or anything like that, we think it is right to break it up step-by-step and invest gradually," Ito told reporters at a

Hewlett-Packard Co's shares rose as much as 7 percent on Friday, a day after the personal computer maker said it would cut as many as 16,000 more jobs and forecast strong free cash flow for the year. _0"> At least four brokerages raised their price targets on the company's stock, which was one of the most traded on the New York Stock Exchange. Chief Executive Meg Whitman said on Thursday that HP's turnaround plan remained on track and the raised target on job cuts reflected how the company continued to find areas to streamline operations across its broad portfolio. The company had set a job cuts target of 27,000 when it started its restructuring in 2012, but increased it to 34,000 last year and then to 50,000 on Thursday. HP had 317,500 employees as of October 31, 2013. "The impact from these additional headcount reductions are expected to create additional run rate gross savings of about $1bn/year in FY16," JPMorgan analyst Rod Hall wrote in a note

Samsung class="mandelbrot_refrag"> Electronics Co Ltd is developing a smartwatch that can make or receive calls without having to be tethered to a mobile phone, the Wall Street Journal reported on Friday. _0"> Samsung, the world's largest maker of smartphones, is in discussions with unidentified U.S., Korean and European telecommunications carriers about a so-called "watch-phone" that it hopes to unveil between June and July, the Journal reported, citing people familiar with the company's plans. The current crop of smartwatches, such as Samsung's own Galaxy Gear, have to be linked to a phone to receive and send messages and perform other basic functions. But the proposed watch-phone, which will run on Samsung's Tizen operating class="mandelbrot_refrag"> software , can take photos and handle email independently and will come equipped with a heart monitor, the newspaper reported. Samsung declined to comment. Major tech