Business news

November US video game retail sales slide

Technology / Business

7 minutes ago | not rated yet | 0

(AP) -- A market researcher says Americans spent 8 percent less on video games in November than in the same month last year.

Japan's Panasonic wins control of ailing Sanyo

Technology / Business

11 hours ago | not rated yet | 0

Panasonic Corp. announced Thursday it had secured a controlling stake in smaller rival Sanyo Electric Co. in a 4.6-billion-dollar takeover that revamps Japan's troubled electronics industry.

AOL finally regains independence from Time Warner

Technology / Business

13 hours ago | 5 / 5 (1) | 1

(AP) -- AOL resumed life as an independent Internet company Thursday as it completed its spinoff from Time Warner Inc. and closed the book on one of the most disastrous business combinations in history.

Broadcom co-founder takes stand in fraud trial

Technology / Business

Dec 08, 2009 | not rated yet | 0

(AP) -- Broadcom Corp.'s co-founder took the witness stand Tuesday in the fraud trial of the company's former chief financial officer.

RIM to boost BlackBerry presence in China

Technology / Business

Dec 08, 2009 | not rated yet | 0

Research in Motion said Tuesday it planned to expand the China market for its BlackBerry smartphone to include consumers and small businesses, amid fierce competition in the world's biggest mobile market.

Texas Instruments raises 4Q profit, sales targets

Technology / Business

Dec 08, 2009 | not rated yet | 0

(AP) -- Texas Instruments is raising its fourth-quarter profit and sales outlook, citing an improving market for chips used in cell phones and other electronic gadgets.

EMI joins Universal-backed music video site Vevo

Technology / Business

Dec 07, 2009 | not rated yet | 0

(AP) -- Music videos from Norah Jones, Coldplay, Katy Perry and other artists under EMI Group PLC are headed to an online music video venture, Vevo, set to launch Tuesday with a gala in New York.

Nvidia, AMD shares jump after Intel scraps chip

Technology / Business

Dec 07, 2009 | 1 / 5 (1) | 0

(AP) -- Shares of Nvidia Corp. and Advanced Micro Devices Inc. jumped Monday after rival Intel Corp. scrapped plans to make a new graphics chip that would have challenged both companies.

Comcast: No plans to sell fourth-place NBC network

Technology / Business

Dec 07, 2009 | not rated yet | 0

(AP) -- Comcast executives say they have no plans to sell NBC Universal's broadcast TV business when they take control of the company.

Apple confirms purchase of music site Lala.com

Technology / Business

Dec 07, 2009 | not rated yet | 0

(AP) -- Apple Inc. has purchased online music retailer Lala.com, a Silicon Valley startup that has threatened "the end of the MP3" with its fast song-streaming application.

Pulitzer Board elects Politico co-founder

Technology / Business

Dec 07, 2009 | not rated yet | 0

(AP) -- The Pulitzer Prize Board has elected its first member representing a primarily online news organization, keeping in step with the board's recent decision to allow entries from more online sites.

You've Got Freedom: AOL ends ties with Time Warner

Technology / Business

Dec 06, 2009 | not rated yet | 0

(AP) -- AOL is shaking loose from Time Warner Inc. and heading into the next decade the way it began this one, as an independent company. Unlike in the 1990s, though, when AOL got rich selling dial-up Internet ...

Apple in talks to buy Lala.com

Technology / Business

Dec 05, 2009 | 1 / 5 (1) | 0

(AP) -- Apple Inc. is in advanced talks to buy online music retailer Lala.com, a Silicon Valley startup that has threatened "the end of the MP3" with its fast song-streaming application.

Microsoft unleashes lawsuits, raids in piracy crackdown

Technology / Business

Dec 04, 2009 | 3 / 5 (5) | 0

Microsoft Corp. said Thursday it has unleashed a series of lawsuits and is cooperating in criminal prosecutions worldwide in an effort to stem piracy of its software.

FTC expands Intel anti-competition probe, sources say

Technology / Business

Dec 04, 2009 | 5 / 5 (1) | 0

The Federal Trade Commission has broadened its investigation of Santa Clara, Calif., chipmaker Intel beyond the company's competition with Advanced Micro Devices to include at least one other Silicon Valley company, Nvidia, ...

GE to buy $345 mln of ads from NBC Universal

Technology / Business

Dec 04, 2009 | 4 / 5 (1) | 0

(AP) -- General Electric Co. has promised to buy at least $345 million in advertising from NBC Universal over five years after selling a controlling stake in the entertainment company to Comcast Corp., according to a regulatory ...

Cisco to proceed with $3.4 billion Tandberg deal

Technology / Business

Dec 04, 2009 | not rated yet | 0

(AP) -- Cisco Systems Inc. says it is waiving its condition that 90 percent of shareholders of Norwegian videoconferencing equipment firm Tandberg ASA back its $3.4 billion takeover offer and will close the deal as soon ...

Source: Stephanopoulos offered 'GMA' job

Technology / Business

Dec 04, 2009 | 3 / 5 (1) | 0

(AP) -- An executive with knowledge of the negotiations says ABC News has offered George Stephanopoulos (STEFF'-uh-nop-oh-luss) the job of "Good Morning America" co-anchor, although ABC's political expert ...