Business news

Nuance buys British voice-to-text company SpinVox

Technology / Business

8 hours ago | not rated yet | 0

US speech recognition company Nuance Communications Inc. announced on Wednesday that it has acquired British voice-to-text firm SpinVox for 102.5 million dollars in a stock and cash deal.

Time Warner Cable offers arbitration with Fox

Technology / Business

9 hours ago | not rated yet | 0

(AP) -- Time Warner Cable says it will agree to binding arbitration to settle a fee dispute with the Fox broadcast network.

Broadcom settles securities class action lawsuit

Technology / Business

Dec 29, 2009 | not rated yet | 0

(AP) -- Broadcom Corp. said Tuesday it will pay more than $160 million in cash to settle a class action investor lawsuit related to stock option backdating, but did not admit wrongdoing.

Samsung pays in dispute over Kodak camera patents

Technology / Business

Dec 23, 2009 | not rated yet | 0

(AP) -- Eastman Kodak Co. said Wednesday that Samsung Electronics Co. has agreed to pay the camera maker an undisclosed sum as the two sides try to settle a dispute over patents used in Samsung's camera phones.

China's Lenovo to build research centre in Taiwan: report

Technology / Business

Dec 22, 2009 | not rated yet | 0

Chinese high-tech giant Lenovo plans to set up a research and development centre in Taiwan as the firm tries to take advantage of warming cross-strait ties, a report said Tuesday.

German chip maker Infineon raises quarterly sales target

Technology / Business

Dec 22, 2009 | not rated yet | 0

Long-suffering German semi-conductor maker Infineon raised its quarterly sales target Tuesday owing to stronger demand from clients in the automotive and energy sectors.

Wis. court backs $5.6M fee award against Microsoft

Technology / Business

Dec 22, 2009 | 5 / 5 (1) | 0

(AP) -- An appeals court is ordering Microsoft Corp. to pay $5.6 million to a national law firm involved in a Wisconsin antitrust case against the software giant.

Cost-cutting Yahoo to close offices for holidays

Technology / Business

Dec 22, 2009 | not rated yet | 0

(AP) -- Yahoo says it will close its offices from Christmas through New Year's to help save money. The cost-cutting move ends a year in which Yahoo's revenue declined for the first time since 2001.

Would a Google purchase of Yelp draw regulatory interest?

Technology / Business

Dec 21, 2009 | not rated yet | 0

Google Inc.'s reported plans to acquire local-listings service Yelp may face difficulties, with regulators attuned to the Mountain View, Calif.-based company's established dominance of the Internet-search and advertising ...

Panasonic completes Sanyo acquisition

Technology / Business

Dec 21, 2009 | not rated yet | 0

(AP) -- Panasonic Corp. said Monday that it had taken majority control of Sanyo Electric Co., officially forming one of the world's largest electronics makers.

Christmas Web sales spike after snowstorm

Technology / Business

Dec 21, 2009 | not rated yet | 0

(AP) -- Stores in the snow-battered East Coast may have been sparse this weekend, but shoppers kept spending online. Retailers spurred sales with new discounts and shipping offers to make sure gifts arrive ...

Stern's threat to quit Sirius could be empty talk

Technology / Business

Dec 21, 2009 | not rated yet | 0

(AP) --Howard Stern is threatening to leave Sirius XM Radio Inc. now that the shock jock and the satellite radio provider are getting set to enter contract talks in 2010.

Google phone revolution or misdirection?

Technology / Business

Dec 19, 2009 | 3.8 / 5 (4) | 1

Google smartphones are either a daring foray into the telecom world or a misunderstood test of the next-generation of the Internet giant's Android mobile operating system.

Analysts warn that FTC suit could damage Intel

Technology / Business

Dec 18, 2009 | 4.7 / 5 (3) | 2

The Federal Trade Commission's lawsuit against Intel Wednesday -- the most far-reaching in a string of recent regulatory actions -- poses a huge threat to the Santa Clara, Calif., chip giant and could reshape the semiconductor ...

Take-Two posts larger 4Q loss on higher charges

Technology / Business

Dec 18, 2009 | not rated yet | 0

(AP) -- Charges and expenses outweighed higher sales and drove video game publisher Take-Two Interactive Software Inc. to post a wider fourth-quarter loss on Thursday, as billionaire activist investor Carl Icahn reported ...

RIM 3Q profit up 59 pct on record BlackBerry sales

Technology / Business

Dec 17, 2009 | not rated yet | 0

(AP) -- BlackBerry maker Research In Motion Ltd. surprised Wall Street on Thursday as it reported a 59 percent increase in third-quarter income, boosted by new subscribers and record sales of its smart phones.

Microsoft, Google in battle to win over students

Technology / Business

Dec 17, 2009 | not rated yet | 0

As they plunged into a project on ancient Egypt this fall, Jay Martino's Cupertino (Calif.) Middle School students probably didn't realize they were on the front lines of a high stakes battle between Google and Microsoft.

Oracle expects EU to approve Sun deal next month

Technology / Business

Dec 17, 2009 | not rated yet | 0

(AP) -- Oracle Corp. said Thursday that its profit jumped 12.5 percent in the latest quarter and that it expects the European Union will finally approve its $7.4 billion purchase of Sun Microsystems Inc. ...