Archive

Only weeks after its triumphant initial public offering, it appears daily deal trailblazer Groupon has fallen out of investors' good graces. Its stock price has plunged 15 percent, with shares hovering near their IPO average of $20 or so per unit. In the months leading up to its IPO, Groupon experie...

Penguin Group, one of the largest book publishers in the U.S., has delayed the availability of new e-books in local libraries and will no longer allow OverDrive to loan out digital copies of its titles to Kindles. The publishing group cited security concerns as the reason for the change. Penguin fin...

Shares of HP had slightly recovered by mid-day Tuesday from the overnight slide of up to 6 percent they endured following the company's fourth-quarter earnings report Monday. Its fourth-quarter earnings -- HP's first quarter under the guidance of new CEO Meg Whitman -- beat expectations, though its ...

The flash mob dance by the world's most powerful groups of agencies against ICANN's new gTLD domain name program must not be taken lightly. After all, these global bodies represent the real manipulaters of emotions. They influence our taste, habits and behavior -- like type of cereal, length of skir...

Microsoft's star witness, the company's chairman and former CEO Bill Gates, took the stand in a long-brewing antitrust civil lawsuit that pits Redmond against software maker Novell. The suit is based on an oft-repeated accusation against Microsoft: that it abused its dominant position in the market ...

IBM's recent Information On Demand 2011 conference came at the tail end of a particularly tumultuous year or so for its competitors. HP fired one CEO, gained a new one, fired him and gained another, all while publicly discussing selling or spinning off its largest business unit and losing half its s...

Google and its hardware partners are revamping their approach to Chromebooks with a series of changes. Perhaps most interesting among these, from the consumer perspective at least, is a price cut to the current Samsung and Acer models of roughly $50 or so. Specifically, the WiFi Acer Chromebook dro...

More than 200 labels held by content distributor ST Holdings have decamped Spotify, Simfy, Rdio and Napster recently over concerns the digital music streaming services' business models are detrimental to sales. Most of the labels involved are relatively small. ST Holdings was bowing to pressure from...

The Facebook IPO guessing game has moved into high gear. The latest rumor puts the big event within several weeks, possibly as soon as December. The rumor mill at the social networking firm is in overdrive, with Facebookers reportedly expecting an S1 filing to be made within six weeks. Facebook has ...

The existing model for daily deals is broken. The biggest issue: It's simply not making merchants money. In just a few quick years, daily deals have shifted the concept of local marketing from traditional advertising to blanket discounts aimed at driving first-time customers en masse. While the new...

It looks like the Kindle Fire is a loss leader for Amazon product sales. IHS iSuppli tore apart a Kindle Fire to assess the cost of the tablet's bill of materials. The research firm announced on Friday that the Fire's BOM adds up to $185.60. The cost drifts up to $201.70 when manufacturing services ...

Yelp filed for an initial public offering Thursday, joining a cadre of social websites that have either made the leap into public trading recently or are aiming for it in the near future. In going public, Yelp hopes to raise as much as $100 million. The San Francisco-based company has gained popular...

In an effort to compete in the digital music market against giants Apple and Amazon, Google debuted its online music store Wednesday, where users can purchase and stream songs through the search giant's Android market. It also opened its free online music locker service to all users. Google Music w...

The starting gun has just been fired. The new Amazon Kindle Fire and Barnes & Noble Nook Tablet have entered the tablet space, preparded to compete with the Apple iPad. That means this new industry segment will quickly change and evolve into a completely new and different model. The problem is, ...

The TV world may soon go the way of the phone and the music industry: a complete deconstruction thanks to the Internet. The next step may come from Sony. The company is experimenting with an online TV service, according to a recent report. Sony has reportedly reached out to several large media compa...