Archive

The Borders near me closed the other month. Wasn't surprising. Ditto for Circuit City. Gone. A few years prior to that it was Hollywood Video that rolled its end credits. The problem is, none of them had to go. They each died of self-inflicted wounds. Sure, a lot of their CEOs came out and blamed Ir...

More than a quarter of U.S. adults now own either a tablet or an e-reader. Sales of these relatively new devices boomed over the holiday season, according to a study from Pew Research Center released on Monday. In mid-December, 10 percent of the U.S. population owned a tablet. By early January, the ...

Research In Motion announced a change in management over the weekend, but it got the cold shoulder from Wall Street on Monday. RIM's former coCEOs and cochairmen Mike Lazaridis and Jim Balsillie no longer hold those positions. Thorsten Heins is the company's new president and CEO. He was also appoin...

Microsoft reported a mixed performance on Friday for its second quarter ending Dec. 31. Earnings were essentially flat compared with the same period last year. The company reported a profit of $6.62 billion, or 78 cents a share, on $20.89 billion in revenue. For the same period a year ago, Microsof...

Google's investments in mobile advertising and dark clouds over Europe contributed to weak quarterly sales and earnings. Share prices fell 10 percent on the news that Google's fourth quarter sales of $8.13 billion fell short of analyst estimates of $8.41 billion. Profit before certain costs was $9.5...

The U.S. Department of Justice on Thursday shuttered Megaupload, a popular file-sharing website, charging seven of its executives with engaging in an international criminal enterprise based on copyright infringement. Federal authorities called it one of the largest criminal copyright cases in U.S hi...

AT&T announced new wireless data pricing Wednesday that will give customers more data per month, but at a higher price. The telecom's lowest tier for wireless data use, previously $15 for 200 megabytes of data, will jump to 300 megabytes for $20. The 2 GB plan for $25 will now be $30 for 3 GB, a...

AT&T announced new wireless data pricing Wednesday that will give customers more data per month, but at a higher price. The telecom's lowest tier for wireless data use, previously $15 for 200 megabytes of data, will jump to 300 megabytes for $20. The 2 GB plan for $25 will now be $30 for 3 GB, a...

Tests conducted by the U.S. Air Force Space Command found that LightSquared's 4G wireless service does indeed interfere with GPS devices, as some critics have claimed. However, the company's executives have refused to accept the test results, calling them bogus. The process used to test GPS devices...

One look around last week's Consumer Electronics Show was all it took to see the automotive industry is really getting in-sync with the consumer electronics and wireless worlds. There is enormous opportunity, but there is also quite a bit of risk. Will these two industries work well together? Who an...

Apple came close to matching Android's smartphone market share during the fourth quarter of 2011, according to a Nielsen report released Wednesday. The debut of Apple's iPhone 4S in the fall had a major impact on the proportion of smartphones sold in the quarter. Demand for iPhones increased nearly ...

Yahoo cofounder and former CEO Jerry Yang has left the company in the wake of pressure from shareholders and the appointment of a new CEO earlier this month. Yang announced his departure from all positions at Yahoo on Tuesday. Following the announcement, speculation grew that a general housecleaning...

Netflix shareholders have filed a class action lawsuit against the company, alleging that it withheld material information from investors about its growth prospects and plans for its fees before its stock plunged late last year. The suit was filed against the company's senior management in the U.S. ...

Travel is, by its nature, an adventure, and alternative travel companies are making it more unpredictable than ever. Want to sleep on an stranger's couch, for instance? There's a company for that: CouchSurfing. "CouchSurfing addresses the human need for connection and delivers inspiring relationship...

Adding to the small amount of information RIM has released about its 2012 line-up, further details have turned up, reportedly based on a leaked product road map. The BlackBerry maker apparently intends to expand its tablet portfolio with two new devices this year: The 10-inch PlayBook, previously ca...