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Activist investor ValueAct Capital has invested US$2 billion in Microsoft, according to a report on CNBC Monday morning. Wall Street immediately reacted, driving the company's share price to $31.18 from its usual perch at $30.27 per share. That is the highest level the stock has since in the last se...

Can I be everywhere my customers want to shop? The good news is that this rhetorical question is not all that far-fetched any longer. In its day, the Sears catalog revolutionized the consumer shopping experience and ruled the market. Decades later, it has been rendered obsolete by the ultimate, inno...

Google released a quarterly earnings report Thursday that beat estimates and also showed the company may be coming to grips with the problem of monetizing its mobile platform. The tech giant reported net income of $3.35 billion, or $9.94 per share during the first three months of the year, a 16 perc...

eBay posted solid first-quarter earnings on Wednesday, but the company underperformed based on projections by Wall Street. eBay then delivered guidance that did not meet the mark, doubling investors' disappointment. As a result, they are casting worried eyes toward eBay's future. "eBay, though ec...

Apple's stock took another hit on Thursday, sinking to a dismal $392.25 by the closing bell. Fears have been mounting about Apple's place in the world, and they were heightened earlier this week by a report from a key supplier, Cirrus Logic, which posted a disappointing revenue forecast. On Wednes...

The Federal Trade Commission filed a suit against Wise Media this week, accusing the company of slipping unauthorized charges into consumer cellphone bills. Wise Media allegedly charged cellphone users fees for services to which they'd never subscribed, a practice referred to as "cramming." The comp...

Facebook may soon be adding video ads, a key step in the development of an advertising platform that needs to draw interest from brands that may have previously questioned its return on investment. Video ads could start to run on Facebook as early as June or July, according to published reports. Ad ...

Yahoo's latest earnings report was a mixed bag, and Wall Street didn't seem to know how it should react. Following Tuesday's report, the company's stock dropped slightly on Wednesday, then rose slightly and ended the day a tiny bit ahead. On Thursday, Yahoo shares were off by about 2 percent mid-day...

Internet advertising experienced double-digit growth in 2012 for a record $37 billion in revenue, according to a report this week from the Internet Advertising Bureau and Pricewaterhouse Coopers. The largest increase was in the second half of the year, where both the third and fourth quarters topped...

Thanks to countless conversations with reporters, I have developed a crystal clear idea of why Dish Network and SoftBank want to acquire Sprint Nextel. It has less to do with wireless carrier ambitions, and much more to do with the future -- being leaders in a new space that's still largely under th...

A group of senators known as the "Gang of Eight" on Tuesday introduced a bipartisan immigration bill that could permit an increase in H-1B visas for high-tech workers. The group is led by Sens. Chuck Schumer, D-N.Y., and John McCain, R-Ariz. Another notable member is Sen. Marco Rubio, R-Fla., the GO...

Intel released a quarterly earnings report Tuesday that fell slightly short of already low expectations, thanks to weak worldwide PC sales. The world's largest computer chip manufacturer reported first quarter revenue of $12.6 billion, a 2 percent drop from the same time a year ago. Net income w...

The U.S. Department of the Interior has big plans to implement a major cloud-based information technology program, with a potential investment of $1 billion over 10 years. However, those plans will have to be put on hold a little longer. One of the potential contractors for the project, CenturyLink,...

Electronic Arts will shut down three of its less popular games on Facebook, citing waning interest in some of the company's social network offerings. Starting June 14, The Sims Social, SimCity Social and Pet Society will not be available to Facebook users. It was a difficult decision to kill the gam...

Dish Network set up a battle with SoftBank for ownership of Sprint after it bid $25.5 billion for the company on Monday. The bid consists of $17.3 billion in cash and $8.2 billion in stock. That works out to a combined premium of 13 percent over what SoftBank is offering. The merger will create an i...