Business news

Intel faces antitrust lawsuit from FTC (AP)

Intel hit with more antitrust charges in FTC suit

Technology / Business

created Dec 16, 2009 | popularity 4.8 / 5 (4) | comments 0

(AP) -- The Federal Trade Commission piled on new antitrust charges against Intel Corp. on Wednesday, seeking to end what it described as a decade of illegal sales tactics that have crippled rivals and kept ...


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Apple countersues Nokia over phone patents

Technology / Business

created Dec 11, 2009 | popularity 2 / 5 (5) | comments 2

(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...

Technology / Business

created Dec 11, 2009 | popularity 5 / 5 (8) | comments 0

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.


RIM 3Q profit up 59 pct, record BlackBerry sales (AP)

RIM 3Q profit up 59 pct on record BlackBerry sales

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created 19 hours ago | popularity not rated yet | comments 0

(AP) -- BlackBerry maker Research In Motion Ltd. surprised Wall Street on Thursday as it reported a 59 percent increase in third-quarter income, boosted by new subscribers and record sales of its smart phones.


Oracle expects EU to approve Sun deal next month (AP)

Oracle expects EU to approve Sun deal next month

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created 19 hours ago | popularity not rated yet | comments 0

(AP) -- Oracle Corp. said Thursday that its profit jumped 12.5 percent in the latest quarter and that it expects the European Union will finally approve its $7.4 billion purchase of Sun Microsystems Inc. ...


Microsoft, Google in battle to win over students

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created 23 hours ago | popularity not rated yet | comments 0

As they plunged into a project on ancient Egypt this fall, Jay Martino's Cupertino (Calif.) Middle School students probably didn't realize they were on the front lines of a high stakes battle between Google and Microsoft.


Dell will cut 700 jobs in Malaysia

Dell to lay off 700 workers in Malaysia: reports

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created Dec 16, 2009 | popularity not rated yet | comments 0

US computer giant Dell will cut 700 jobs in Malaysia as it looks to slash costs, newspaper reports said Wednesday.


Adobe Systems posts 4Q loss, weighed by charges (AP)

Adobe Systems posts 4Q loss but says demand rising

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created Dec 15, 2009 | popularity not rated yet | comments 0

(AP) -- Adobe Systems Inc. said Tuesday that although it booked a loss in the fiscal fourth quarter, consumer demand improved and allowed the maker of Photoshop and Flash software to post an optimistic outlook ...


A woman shops at a Verizon store in New York City

Mobile sales to fall 0.7 percent this year: Gartner

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created Dec 15, 2009 | popularity not rated yet | comments 0

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.


A view through special glasses of a 3D TV program during a trade fair

S.Korea's LG aims to sell 400,000 3D TVs next year

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created Dec 15, 2009 | popularity not rated yet | comments 0

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

Technology / Business

created Dec 15, 2009 | popularity 5 / 5 (1) | comments 1

(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 ...


Cars drive towards the Oracle world headquarters in Redwood Shores, California

Brussels welcomes Oracle's concessions in Sun bid

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created Dec 14, 2009 | popularity not rated yet | comments 0

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 (AP)

Hollywood hopes an ensemble cast boosts Blu-ray

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created Dec 13, 2009 | popularity 4 / 5 (1) | comments 0

(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

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created Dec 11, 2009 | popularity not rated yet | comments 0

(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.


Gov't misconduct may unravel Broadcom fraud case (AP)

Gov't misconduct may unravel Broadcom fraud case

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created Dec 11, 2009 | popularity not rated yet | comments 0

(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.