Business news
Electronic Arts posts 2Q loss, plans layoffs
51 minutes ago |
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(AP) -- Electronic Arts said Monday its loss widened in the latest quarter in what's been a difficult year for the company and the broader video game industry.
Google ordered to pay 500,000 dlrs to F1 racer Barrichello
18 minutes ago |
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Internet giant Google has been ordered to pay 500,000 dollars in damages to Formula 1 racer Rubens Barrichello for hosting fake online profiles of him on its social network Orkut.
'Cloud' computing market 14 bln dollars by 2014: Gartner
40 minutes ago |
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Industry tracker Gartner forecast on Monday that revenue from Internet-based "cloud computing" will top 14 billion dollars annually by the end of 2013.
Electronic Arts acquires Playfish for $275 million
4 hours ago |
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(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 ...
Tagged.com settles with NY, Texas in invite fight
3 hours ago |
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(AP) -- The social networking site Tagged.com has adopted reforms on the use of invitation e-mails after an attorney general alleged that the Web site essentially stole the identities of some 60 million Internet users.
Software cos. eye key patent case in Supreme Court
Nov 08, 2009 |
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(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
Nov 08, 2009 |
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(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 ...
NY files antitrust suit against Intel (Update)
Nov 04, 2009 |
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(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
Nov 06, 2009 |
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(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
Nov 06, 2009 |
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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.
Fortune crowns Steve Jobs 'CEO of Decade'
Nov 05, 2009 |
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Fortune Magazine crowned Apple top dog Steve Jobs "CEO of the Decade" in its newest edition.
DirecTV shows subscriber gains, as rivals see loss
Nov 05, 2009 |
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(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 forecasts first revenue growth in a year
Nov 04, 2009 |
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(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
Nov 04, 2009 |
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(AP) -- Microsoft Corp. says it is cutting 800 more jobs. That's in addition to the 5,000 layoffs it announced in January.
Nokia Siemens Networks to lay off up to 5,700
Nov 03, 2009 |
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(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).
