FireEye results hit Wall Street's mark, current quarter forecast to fall short

FireEye Inc on Tuesday posted first-quarter revenue and billings better than Wall Street expectations, but forecast revenue and profit for the current quarter below analysts' estimates.

from Reuters: Technology News https://reut.rs/2LdYY4e

Apple optimistic on sales as iPhone price cuts help in China

Apple Inc on Tuesday forecast stronger-than-expected third-quarter revenue and Chief Executive Tim Cook said iPhone sales had started to stabilize in China, a sign that Apple's price cuts there are helping limit sales declines.

from Reuters: Technology News https://reut.rs/2Vwlute

Former Google CEO Eric Schmidt to step down from board

Google parent company Alphabet Inc said on Tuesday former chairman and chief executive officer of the internet search giant, Eric Schmidt, will step down from its board at the end of his term in June.

from Reuters: Technology News https://reut.rs/2LgagVL