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Ninety-two percent of worldwide profits from smartphones go to Apple, according to Cannacord Genuity. Samsung is a distant second with 15 percent of the profits. The numbers add up to more than 100 percent, due to companies in the mix that break even or lose money on their smartphone business. Apple...

Despite all the attention being given to the extraordinary opportunities promised by the Internet of Things, many software and technology vendors are still waiting for demand to match the predictions. Security concerns are the most common inhibitor to IoT initiatives, industry surveys suggest, but a...

Walmart on Monday announced it will offer an online sale to rival Amazon's Prime Day this Wednesday. The Walmart.com sale will be open to all customers, emphasized CEO Fernando Madeira, unlike Amazon's Prime Day, which is open only to members of Amazon's Prime program, which currently costs $99 per ...

Microsoft's Music app, formerly known as "Xbox Music," will sport a makeover when it arrives rebranded in Windows 10 as "Groove," the company announced earlier this week. Groove's dancing partner will be the all-new Movies & TV app. "Groove Music Pass" will replace "Xbox Music Pass" as the nam...

Facebook on Thursday slammed the hood, wiped its hands, and introduced the latest set of upgrades to its News Feed engine. The all-new 2015 Facebook News Feed gives users more control over the content they see when they cruise the world's largest social network. The new tools allow users to set thei...

Sprint's Direct 2 You program seems to be another home run in its recovery-and-expansion effort. It follows the success of Sprint's Cut Your Bill in Half plan over the last few months. Sprint seems to be getting the wind back in its sails. Direct 2 You started out in Kansas City, Miami and Chicago. ...

The New York Stock Exchange on Tuesday halted all transactions for three hours, due to what it maintained was a technical glitch. Trading continued on the other exchanges belonging to its owner, holding company Intercontinental Exchange. "The markets did not plummet with the shutdown," said Jim Wrig...

CEO Satya Nadella on Wednesday announced that Microsoft will reduce its workforce by 7,800 as it refines its mobile message and strategy. The company will write down roughly $7.6 billion associated with assets tied to the acquisition of Nokia's devices and services business, Nadella revealed. The re...

After a glorious first week of sales following its introduction in April, sales have slid rapidly for the Apple Watch, according to Slice Intelligence. Sales have plummeted to fewer than 20,000 units a day, down from an average of 200,000 a day during its launch week, reported Slice, which measures ...

Where is the U.S. government going with the cloud? With annual federal spending on the technology now well over $2 billion, it appears that cabinet departments and a host of other federal agencies "get it" in terms of appreciating cloud benefits. Yet many vendors and others in the information techno...

More than 208,000 people have signed a petition calling on Reddit interim CEO Ellen Pao to step down. Many Redditers fear Pao will run Reddit into the ground, the petition claims, noting that alternative sites have sprung up in recent months and received vast amounts of traffic. The immediate cause ...

In celebration of its 20th birthday, Amazon plans to push wish list items into shopping carts and new customers into its Prime ecosystem this July 15, dubbed "Prime Day." The eve of Amazon's 20th anniversary, Prime Day will be packed with more deals than Black Friday, Greg Greeley, vice president of...

Fireworks of a different kind rocked the security world this Fourth of July weekend, when news surfaced that hackers breached Hacking Team, an Italy-based firm that develops malware for sale to governments and law enforcement. The attackers exposed 400 GB of data stolen from its servers, including s...

Providing an effortless shopping experience for customers is a key driver to the success of any e-commerce business. E-commerce search is a big factor in this experience and when done right can provide a significant competitive advantage. An effective on-site search experience leads to higher sales ...

Apple has rolled out its new subscription music streaming service, and it's getting mostly raves from reviewers. "Apple has built a handsome, robust app and service that goes well beyond just offering a huge catalog of music by providing many ways to discover and group music for a very wide range of...