Business news
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.
AOL offers buyouts to over a third of work force
Nov 19, 2009 |
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(AP) -- The struggling Internet company AOL plans to shed up to 2,500 jobs - more than a third of its work force - as it prepares to separate from Time Warner and finally sever their ill-fated marriage.
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.
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?
Court rules against Microsoft in China font case
Nov 17, 2009 |
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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.
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 ...
Semiconductor revenue to fall 11 percent: Gartner
Nov 16, 2009 |
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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.
Sony chief executive outlines turnaround plan
Nov 19, 2009 |
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(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 ...
Intel settles AMD claims but isn't off the hook
Nov 12, 2009 |
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(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 ...
Sony Ericsson closes NC, other sites as HQ moves
Nov 18, 2009 |
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(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
Nov 18, 2009 |
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(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.
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.
