Archive

Unexpectedly high customer losses for Q3 sent Netflix stock into a tailspin in after-hours trading Monday, driving share prices down more than 30 percent overnight. The online video and DVD-by-mail provider lost 800,000 customers during the quarter behind it, and it projected a net loss for the quar...

Anyone who attended last year's McAfee Focus conference was likely struck by the strangeness of the event. Since Intel had announced plans to acquire the company just a couple of months before Focus, McAfee was officially in "quiet" mode -- unable to discuss literally any and every business and prod...

New research concerning ISPs' BitTorrent throttling habits indicates Comcast took the FCC's 2008 slap on the wrist seriously, dramatically reducing its practice of slowing BitTorrent data. Other ISPs such as Clearwire, Canada's Rogers Communications and overseas providers were found to be throttling...

Sprint Nextel notified subscribers late last week that it was doing away with its unlimited 4G wireless broadband for tablets, netbooks, notebooks, USB cards and mobile hotspot devices -- almost every mobile device, that is, except smartphones, which it has famously promised to allow to consume unli...

Verizon delivered excellent news to its shareholders on Friday: Third-quarter earnings rose to $1.38 billion from $659 million a year earlier. A jump in subscribers -- it signed on 882,000 new wireless customers for the quarter -- and smartphone sales led to the doubling in profits. Another group lo...

While the purpose of this series is to talk about the future of enterprise computing and how advances and technology are moving us along a certain path to that future, if we stop for a moment and look at the recent history in enterprise computing, it's clear that we've come a long way in a few short...

Groupon has packaged a new deal, and it's going worldwide. The Internet coupon star will go public on Nov. with an IPO designed to raise as much as $621 million, valuing the company at $11.4 billion. That's just 5 percent of the company's shares. The numbers look big on the surface, but the total is...

The New York Times Co. reported a profit of $15.7 million this quarter, compared with a $4.3 million loss in the same period last year. The boost came from a number of sources, including a cost-cutting initiative, digital ad revenues -- as opposed total advertising -- and digital subscriptions. Laun...

Microsoft beat sales estimates Thursday when it announced record-setting revenue levels in its fiscal first quarter, thanks in part to strong sales in the cloud-based business operations, which overcame slow growth in the PC and mobile markets. The software giant posted net income of $5.74 billion a...

The U.S. Department of Labor and Facebook are collaborating on an initiative that they hope will link more unemployed people with potential employers -- a job search page on Facebook. The page also highlights available training programs and educational opportunities. Facebook intends to drive traffi...

When consumers in California visit the Dunkin' Donuts website hoping to order a bag of their favorite java, they are met with the following message: "Important Notice: We are temporarily suspending the shipment of orders to California while we work to comply with Proposition 65 ... ." Bloggers, comm...

Looks like a couple of disparate groups are forming to bid for Yahoo. Microsoft reportedly is working with Silver Lake and one of Silver Lake's investors, the Canada Pension Plan, to put together a proposal that would include several billion dollars from Microsoft, with additional financing arranged...

RIM had a tough week with another outage. This time, I am afraid it will cost them customers. RIM is at a crossroads. It has a choice. Only one way is the right way toward success. Does RIM know what to do? Has its leadership learned the right lesson? The next steps will either heal the company and ...

Will Skype give Microsoft street cred in social networking? At Web 2.0 on Tuesday, Microsoft CEO Steve Ballmer discussed the company's current and future projects. He touched on Windows Phone, Microsoft Office, Xbox Live, Bing and the recent go-ahead on its Skype acquisition, the buy he characterize...

Dropbox has completed a $250 million Series B financing -- a windfall for a company whose fundraising up until now has netted $7.2 million. The financing was led by Index Ventures. Dropbox plans to use its new riches to accelerate its growth, make acquisitions, pursue partnerships and otherwise grow...