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Amazon.com is now listed number 206 in the Global 500 listing of corporations, a singularly amazing feat for a company that was created in July of 1994 by Jeff Bezos. From a business that started as an online retailer of books, because it could offer more books than the brick-and-mortar bookstores, ...
Why did Verizon Wireless just get regulator OK to acquire wireless spectrum from cable television companies, whereas AT&T got turned down in its attempt to acquire T-Mobile for the same reason? And why is it still important for regulators to solve the growing wireless data spectrum crunch? The t...
Why did Verizon Wireless just get regulator OK to acquire wireless spectrum from cable television companies, whereas AT&T got turned down in its attempt to acquire T-Mobile for the same reason? And why is it still important for regulators to solve the growing wireless data spectrum crunch? The t...
While AT&T and Verizon have been busy moving to tiered shared data plans, rival carriers T-Mobile and MetroPCS on Wednesday joined Sprint in offering so-called all-you-can-eat data plans. Beginning on Sept. 5, T-Mobile will offer a new Unlimited Nationwide 4G plan that has no data caps or speed ...
Dell announced an 18 percent drop in profit for its fiscal second quarter on Tuesday and warned that PC sales could continue to decline in the second half of the year. The company is in the midst of a transformation that will switch its focus from consumer PCs toward enterprise and commerce custome...
This week has not been good to Facebook, nor have the past several weeks. The social media giant's stock has been hammered for days, at one point touching $19 per share -- half of its IPO valuation months ago. It still is within a stone's throw of that marker with a Tuesday close of $19.16 per share...
It's not enough to have just a website, or just social media profiles. Businesses need to have both, and the traffic needs to flow seamlessly between them. Numerica Credit Union was looking for a way to offer customers a useful tool on its Facebook page while driving traffic from Facebook to its sit...
Major changes may be in store for Hulu that will loosen up the exclusivity of content on the online video site and pour more ads into the mix, according to a confidential internal memo obtained by Variety. The document discusses the possibility that in September, Hulu owners Comcast, News Corp. and...
Best Buy has named Hubert Joly the company's new CEO, the electronics mega-retailer announced Monday. The struggling chain, which faces growing competition from online and discount retailers, said it chose Joly for his expertise in turnaround and growth. Prior to taking the position at Best Buy, Jol...
The future of the cloud-based OnLive gaming service is looking cloudy indeed. On Monday the company confirmed that a restructuring plan will keep the streaming video game service operating. However, all staff members were let go in the process -- although some may eventually be rehired. This followe...
Oracle has released information regarding financial relationships it had with bloggers following a court order that demanded it and Google to disclose their ties with commentators reporting on their recent patent dispute. Google, however, maintained it never paid any individuals to write about its ...
A memo circulating internally at HP tells of a new mobile initiative being plotted by the computer maker. The memo was penned by Todd Bradley, who is in charge of the company's recently merged Printing and Personal Systems Group. The company is creating a new Mobility business unit responsible for "...
Shoppers and merchants hoping to buy and sell supernatural and occult items will have to head somewhere other than eBay starting Aug. 30, when the online auction site will enact a ban on selling such things as magic spells and potions. eBay updated its fall seller's guide this week. Among the newly...
By now Facebook must rue the day it went public -- or at least rue its initial offering price of $38 per share. On Thursday, the company's stock closed at $19.88, after hitting a low of $19.69. Early Friday, it hit a new low of $19.01 -- half its IPO value, plus a penny. By mid-day, it had recovered...
The United States Department of Justice approved Verizon's $3.6 billion bid for additional spectrum, albeit with changes mandated by antitrust regulators to ensure the deal won't lead to diminished competition, lower-quality products or higher consumer costs. Verizon Wireless will be allowed to pay...
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