Business news
Adobe Systems posts 4Q loss, hurt by charges
25 minutes ago |
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(AP) -- Adobe, the maker of Photoshop and Flash software, is reporting a net loss for its fiscal fourth quarter, weighed by charges.
Mobile sales to fall 0.7 percent this year: Gartner
1hour ago |
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Worldwide sales of mobile devices are expected to decline by nearly 0.7 percent this year and pick up again next year with nine percent growth, Gartner research group said Tuesday.
S.Korea's LG aims to sell 400,000 3D TVs next year
1hour ago |
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South Korea's LG Electronics announced Tuesday it plans to sell 400,000 three-dimensional televisions next year by teaming up with local digital satellite broadcaster SkyLife.
EU regulators softening stance on Oracle-Sun
10 hours ago |
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(AP) -- European Union regulators appear to be softening their opposition to Oracle Corp.'s proposed $7.4 billion takeover of Sun Microsystems Inc., a shift that has resurrected some investors' hopes that one of the year's ...
Brussels welcomes Oracle's concessions in Sun bid
Dec 14, 2009 |
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The EU's competition watchdog on Monday welcomed concessions made by US business software giant Oracle over its bid for Sun Microsystems, saying the deal is now likely to be approved.
Hollywood hopes an ensemble cast boosts Blu-ray
Dec 13, 2009 |
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(AP) -- Although prices for some Blu-ray players dropped below $100 this holiday season, customers are hesitating to jump into the next-generation video format. Even people who already own Blu-ray players ...
Whitman pledges not in Craigslist contract
Dec 11, 2009 |
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(AP) -- Assurances that former eBay CEO Meg Whitman gave Craigslist's officials before eBay bought into the online classifieds company were never put in writing, the founder of Craigslist acknowledged Friday.
Apple countersues Nokia over phone patents
Dec 11, 2009 |
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(AP) -- Apple Inc. is suing cell phone maker Nokia Corp. for patent infringement, a countermove to Nokia's earlier suit against technologies used in Apple's iPhone.
Patenting melon juice? Not if India gets its way...
Dec 11, 2009 |
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Fed up with foreign companies patenting traditional medicine from India, the country's top scientific body is compiling a giant database of everything from yoga positions to medicinal fruit juice.
Taiwan says no to Tiger Woods-style animated news
Dec 11, 2009 |
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(AP) -- Taiwanese regulators have turned down an application for a television license from a Hong Kong company whose local affiliate conquered the Internet earlier this month with a fanciful video of golf ...
Gov't misconduct may unravel Broadcom fraud case
Dec 11, 2009 |
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(AP) -- When the federal government revealed it had launched a massive investigation of some of Broadcom Corp.'s top executives for backdating stock options, it sent a shock wave through the business world.
Craigslist founder says eBay reneged on promises
Dec 10, 2009 |
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(AP) -- The founder of the online classifieds site Craigslist says he began having concerns with eBay shortly after the online auction site took a minority stake in his company.
November video game sales fall 8 percent to $2.7B
Dec 10, 2009 |
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(AP) -- Americans reached into their pockets - though not as deep as last year - to spend $2.7 billion on video games in November, according to figures reported Thursday by market researcher NPD Group.
Adobe founders bound together by friendship as well as profits
Dec 10, 2009 |
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I can't imagine there is any more room for awards on the mantels at John Warnock's and Chuck Geschke's homes. The Adobe co-founders have been honored by trade groups, engineering societies, magazines and universities. But ...
Japan's Panasonic wins control of ailing Sanyo
Dec 10, 2009 |
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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.


