Business news
Barnes & Noble reports 2Q loss, cuts guidance
Nov 24, 2009 |
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(AP) -- Barnes & Noble on Tuesday posted a larger second-quarter loss than last year and lowered its profit forecast for this quarter in anticipation of weak holiday sales and high costs of launching its ...
Nokia to ax 220 R&D jobs in Japan
Nov 24, 2009 |
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(AP) -- Nokia Corp. said Tuesday it is axing 220 jobs at research and development units in Japan as the world's largest mobile phone maker continues to cut costs.
EU drops Qualcomm antitrust probe
Nov 24, 2009 |
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(AP) -- European Union antitrust regulators on Tuesday dropped a monopoly abuse probe into wireless chip maker Qualcomm Inc. after mobile phone companies withdrew complaints about high royalty fees.
Joost assets bought by online ad company Adconion
Nov 24, 2009 |
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(AP) -- The struggling online video startup Joost, begun with much fanfare by the creators of Skype and Kazaa, has been sold to an online advertising company.
Retailers look to stretch out Cyber Monday push
Nov 23, 2009 |
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(AP) -- Retailers are thinking beyond Cyber Monday - a holiday marketing promotion many push for the Monday after Thanksgiving - and trying to spin their discounts into into Cyber Weekends or even Cyber Weeks.
HP profit jumps on cost cuts, new market expansion
Nov 23, 2009 |
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(AP) -- Hewlett-Packard Co.'s cost-cutting and push into new markets is helping soften the blow from weakness in the company's mainstay businesses.
Gartner forecasts 2.8 percent growth in PC sales in 2009
Nov 23, 2009 |
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Worldwide sales of personal computers, which had been forecast to decline this year, will instead post modest gains, Gartner research group said Monday.
US newspaper ad revenue down nearly 28 percent
Nov 20, 2009 |
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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
Nov 20, 2009 |
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(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.
GE, Vivendi talks over NBC Universal stretch on
Nov 20, 2009 |
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(AP) -- A deal for Comcast Corp. to buy a controlling stake in NBC Universal and create one of the most powerful media companies in the world is taking longer than expected as the current owners tussle over ...
Sony hopes online service will build brand loyalty
Nov 20, 2009 |
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(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.
EBay completes sale of Skype for $2 billion
Nov 20, 2009 |
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(AP) -- EBay has completed its sale of Skype for about $2 billion to an investor group that included the founders of the Internet phone service.
Dell's profit, stock drop on weak quarterly report
Nov 19, 2009 |
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(AP) -- Some of the computer-industry's biggest players - such as IBM Corp., Intel Corp. and Hewlett-Packard Co. - have wowed Wall Street this fall with stronger-than-expected profits.
Observers wary of 'truce' between Intel, AMD
Nov 19, 2009 |
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Can Intel and Advanced Micro Devices, Silicon Valley's version of the long-squabbling Hatfields and McCoys, really get along?
Judge rejects AT&T's bid to pull Verizon ads
Nov 19, 2009 |
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(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.
