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The mobile payment system Google Wallet now works with all major credit cards and will begin transitioning to a cloud-based model. The service allows users to tap their smartphones to pay at a retail checkout location, rather than having to swipe a credit card or shell out cash. It uses near-field c...

Samsung ranked as the top smartphone in the U.S. for the three-month average period ending in June, claiming 25.6 percent of mobile subscribers, according to the comScore MobiLens service. LG followed, with its 18.8 percent share. Apple ranked third in the OEM market, claiming 15.4 percent of mobi...

As Apple and Samsung continue to fight out their patent dispute in court, Samsung has opted to publicize information that the judge refused to allow jurors to see, according to an AllThingsD report. The high-profile trial started Monday in San Jose, Calif., and will determine whether Samsung copied ...

Last week, Google started selling a very high-speed Internet and television service in Kansas City. This service stands a good chance of blowing customers' minds and changing expectations. The question is, will Google get into this business and compete with cable television and phone companies? Or i...

On Tuesday, mobile carrier Verizon Wireless made a "voluntary" contribution of $125 million dollars to the U.S. Treasury, as part of a Federal Communications Commission consent decree that also slapped down tethering fees the carrier had been charging its customers. Prior to this action, Verizon had...

How easy is it to sell a house, shop for a mortgage, select a mutual fund -- or even make a plane reservation? Sometimes it's not very easy: Mortgage offerings are numerous and complex, and choosing among thousands of mutual funds can be overwhelming. Enter the broker -- or the travel agent. Broker...

Weeks after Marissa Mayer was hired as the new CEO of Yahoo, her predecessor has stepped down. No, not Scott Thompson. He left in May amid a resume scandal involving a false computer science degree. Yahoo's latest defector is Ross Levinsohn, the person who briefly held the position of interim CEO of...

The messaging in VMware's announcement of its planned acquisition of Nicira offers insight into both the company's view of the deal and the current state of cloud computing. In essence, without virtualization, cloud computing is an amorphous pipe dream. However, virtualization alone -- or of one t...

Richard Schulze, the founder and ousted chairman of Best Buy, is assembling a team of executives that could help him lead the electronics retail megachain if his attempts to buy back the company are successful, according to a report from Bloomberg. The Best Buy founder and former CEO left his posit...

In what promises to be a closely watched trial, Apple and Samsung headed to federal court on Monday. Apple has alleged that Samsung Electronics essentially produced illegal knockoffs of its popular iPhone and iPad products, and it is demanding $2.5 billion damages. Samsung has countered that Apple's...

Facebook is a great company with a massive following -- and a lousy stock price. Facebook erred greatly when it priced its stock at $38 per share for many reasons -- not the least of which is that everything it will ever do will be viewed through that overpriced prism. "If the stock had been price...

eBay may expand its customer base by opening the site to online shoppers under the age of 18. The etailer is considering plans that would allow users between the ages of 13 and 17 to buy and sell eBay's offerings online. Children under the age of 13 are protected under the Children's Online Privacy ...

EXPERT ADVICE

The Smart TV Transformation Is Under Way

For years, pay-TV services were the dominant means of delivering premium content to consumers. Today almost 900 million homes worldwide subscribe to pay-TV services, but new delivery technologies, with smart TVs at the forefront, have created new opportunities and new potential competition. The numb...

Amazon reported late Thursday that its Q2 net income had dropped an astounding 96 percent, but the market didn't seem to mind. Its stock jumped nearly 8 percent in Friday trading -- never mind the fact that it posted a net income of $7 million compared to $191 million in the second quarter of 2011. ...

Facebook on Thursday released its first quarterly earnings report since its monster IPO in May. During the period, Facebook reported revenues of $1.18 billion but couldn't turn a profit, losing $157 million, or eight cents a share. Investors weren't happy with what they saw. The company's stock pric...


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