Business news

US newspaper ad revenue down nearly 28 percent

Technology / Business

Nov 20, 2009 | not rated yet | 1

US newspaper advertising revenue fell by nearly 28 percent in the third quarter, continuing a slide which has led to layoffs, bankruptcies and the closure of several dailies.

EU extends Oracle/Sun review deadline until Jan 27

Technology / Business

Nov 20, 2009 | 3 / 5 (1) | 0

(AP) -- European Union regulators said Friday that they have extended until Jan. 27 a deadline to wrap up their antitrust review of Oracle Corp.'s planned $7.4 billion takeover of Sun Microsystems Inc.

Sony hopes online service will build brand loyalty

Technology / Business

Nov 20, 2009 | not rated yet | 0

(AP) -- Sony's new online service connecting the whole range of its gadgets to downloadable content like movies and games should help build brand loyalty, a top executive said Friday.

Sony chief executive outlines turnaround plan

Technology / Business

Nov 19, 2009 | not rated yet | 0

(AP) -- Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way to showcase its strength in entertainment and surface from deep ...

Judge rejects AT&T's bid to pull Verizon ads

Technology / Business

Nov 19, 2009 | not rated yet | 1

(AP) -- A federal judge on Wednesday denied a request by AT&T Inc. to force competitor Verizon Wireless to pull its "There's a Map for That" commercials.

Sony Ericsson closes NC, other sites as HQ moves

Technology / Business

Nov 18, 2009 | not rated yet | 0

(AP) -- Cell phone handset maker Sony Ericsson will move its North American headquarters from North Carolina to Atlanta and close a half-dozen sites worldwide as it retrenches against what it expects will be a tighter market ...

South Korean regulator approves iPhone

Technology / Business

Nov 18, 2009 | not rated yet | 0

(AP) -- South Korea's telecommunications regulator cleared the way Wednesday for the launch of Apple's iPhone, amid reports the hit device could reach consumers by the end of this month.

'Call of Duty' setting entertainment records

Technology / Business

Nov 18, 2009 | 2 / 5 (1) | 0

(AP) -- The video game "Call of Duty: Modern Warfare 2" is blasting its way into entertainment history.

DirecTV to appoint PepsiCo executive as CEO

Technology / Business

Nov 18, 2009 | not rated yet | 0

(AP) -- DirecTV Group Inc. is naming the vice chairman of PepsiCo Inc. as its chief executive.

Court rules against Microsoft in China font case

Technology / Business

Nov 17, 2009 | 5 / 5 (1) | 0

A Chinese court has ruled Microsoft Corp. infringed a Chinese company's intellectual property rights by including certain fonts in its operating systems, the companies confirmed Tuesday.

Semiconductor revenue to fall 11 percent: Gartner

Technology / Business

Nov 16, 2009 | not rated yet | 0

Worldwide semiconductor revenue is expected to decline by more than 11 percent in 2009 over last year, less than previously forecast, market research firm Gartner said Monday.

Cisco raises bid for Tandberg to $3.4 billion

Technology / Business

Nov 16, 2009 | not rated yet | 0

(AP) -- Cisco Systems Inc. said Monday it raised its bid for Norway's Tandberg ASA after only a fraction of Tandberg shareholders agreed to Cisco's initial offer.

India fraud office to prosecute Satyam founder

Technology / Business

Nov 16, 2009 | 4.3 / 5 (3) | 0

India's fraud office will file charges this month against the founder of outsourcer Satyam after he admitted to falsifying profits in the nation's biggest corporate fraud, a minister said Monday.

Vonage to settle investigation involving 32 states

Technology / Business

Nov 16, 2009 | 5 / 5 (1) | 0

(AP) -- Internet phone service provider Vonage Holdings Corp. has agreed to pay $3 million to 32 states to settle an investigation into some of its business practices.

Finnish technology workers warn of strike

Technology / Business

Nov 16, 2009 | not rated yet | 0

(AP) -- Some 2,000 employees in Finland's technology sector will begin a strike in two weeks time if no agreement is reached in labor talks with company managers, union leaders said Wednesday.

Logitech buys video conferencing firm

Technology / Business

Nov 13, 2009 | not rated yet | 0

Switzerland-based Logitech is buying video-conferencing equipment firm LifeSize Communications in a 405-million-dollar deal expected to close next month.

NPD: October video game sales tumble 19 percent

Technology / Business

Nov 13, 2009 | 4 / 5 (2) | 0

(AP) -- After a slight reprieve in September, U.S. video game retail sales slumped again in October, unable to escape the economic turmoil that's cutting into consumer spending and swelling the ranks of unemployed.

Intel settles AMD claims but isn't off the hook

Technology / Business

Nov 12, 2009 | 4.3 / 5 (9) | 4

(AP) -- Intel Corp. is paying Silicon Valley rival Advanced Micro Devices Inc. $1.25 billion to squash a legal battle over Intel's sales tactics, a rift that led to antitrust charges against Intel in several ...