Business news

Electronic Arts acquires Playfish for $275 million

Technology / Business

created 14 minutes ago | popularity not rated yet | comments 0

(AP) -- As its packaged video games business lags, Electronic Arts Inc. has snapped up Playfish Inc., the creator of popular social networking games such as "Who Has the Biggest Brain" and "Pet Society," for $275 million ...


Software cos. eye key patent case in Supreme Court (AP)

Software cos. eye key patent case in Supreme Court

Technology / Business

created Nov 08, 2009 | popularity 5 / 5 (4) | comments 2

(AP) -- With the technology industry looking on, the Supreme Court on Monday will explore what types of inventions should be eligible for a patent in a pivotal case that could undermine such legal protections ...


Sony offers 'Cloudy' early to people with its TVs

Technology / Business

created Nov 08, 2009 | popularity not rated yet | comments 0

(AP) -- In a bid to sell living room electronics and spur buzz for "Cloudy with A Chance of Meatballs," Sony Corp. is offering the movie for free to U.S. buyers of its Internet-connected TVs and Blu-ray players starting ...


Intel logo

NY files antitrust suit against Intel (Update)

Technology / Business

created Nov 04, 2009 | popularity 3.9 / 5 (7) | comments 0

(AP) -- New York's attorney general hit Intel Corp. with an antitrust lawsuit Wednesday, claiming the company used "illegal threats and collusion" to dominate the market for computer microprocessors.


Deja vu: Wal-Mart, Amazon, Target in DVD price war

Technology / Business

created Nov 06, 2009 | popularity not rated yet | comments 0

(AP) -- Wal-Mart Stores Inc. is upping the ante heading into the holiday season, trimming the online preorder prices of some upcoming DVDs following last month's price cut on books.


Judge orders US music website to drop Beatles songs

Technology / Business

created Nov 06, 2009 | popularity not rated yet | comments 1

A judge on Thursday ordered a California online music service to stop delivering Beatles songs to users, according to a copy of the ruling posted online.


Steve Jobs, Apple CEO

Fortune crowns Steve Jobs 'CEO of Decade'

Technology / Business

created Nov 05, 2009 | popularity 3 / 5 (2) | comments 0

Fortune Magazine crowned Apple top dog Steve Jobs "CEO of the Decade" in its newest edition.


DirecTV shows subscriber gains, as rivals see loss

Technology / Business

created Nov 05, 2009 | popularity 1 / 5 (1) | comments 0

(AP) -- Satellite TV operator DirecTV Group Inc. was one of the few pay-TV companies to attract new subscribers in the third quarter, as it reported revenue growth of 10 percent that was partly offset by higher costs to attract ...


Cisco earns down but says 'tipping point' passed (AP)

Cisco forecasts first revenue growth in a year

Technology / Business

created Nov 04, 2009 | popularity not rated yet | comments 0

(AP) -- Cisco Systems Inc. doesn't want Wall Street to interpret its forecast for its first quarterly revenue growth in a year as evidence that the U.S. and other economies are roaring back.


Microsoft lays off 800 more workers worldwide

Technology / Business

created Nov 04, 2009 | popularity not rated yet | comments 0

(AP) -- Microsoft Corp. says it is cutting 800 more jobs. That's in addition to the 5,000 layoffs it announced in January.


Apple introduced its iPhone in 2007

Mobile phone giant Nokia sues Apple over iPhone

Technology / Business

created Oct 22, 2009 | popularity 4.6 / 5 (7) | comments 1

Nokia, the world's biggest mobile phone maker, took on the iconic iPhone on Thursday by suing US rival Apple for infringing 10 Nokia patents on mobile phone technology.


Nokia Siemens Networks to lay off up to 5,700

Technology / Business

created Nov 03, 2009 | popularity not rated yet | comments 0

(AP) -- Nokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million).


Activision posts 3Q profit, backs 2009 outlook (AP)

Activision posts 3Q profit, backs 2009 outlook

Technology / Business

created Nov 05, 2009 | popularity not rated yet | comments 0

(AP) -- It's been a rough year for the video game industry, but Activision Blizzard Inc. reported a profit for its third quarter because of a good response for games such as "Guitar Hero 5" and "World of ...


No Doubt sues video game maker over 'Band Hero' (AP)

No Doubt sues video game maker over 'Band Hero'

Technology / Business

created Nov 05, 2009 | popularity not rated yet | comments 0

(AP) -- No Doubt on Wednesday sued video game maker Activision for putting words in band members' mouths.


The Research In Motion headquarters in Canada

Blackberry maker RIM to buy back $1.2 bln in stock

Technology / Business

created Nov 05, 2009 | popularity not rated yet | comments 1

Blackberry smartphone maker Research in Motion (RIM) announced Thursday it would buy back 1.2 billion US dollars worth of its stock to prop up the sagging share price amid heightened competition.