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Facebook's makeover is now official. The social networking site has rolled out its revamped page with a so-called Social Graph for users to better connect with friends and new contacts and an improved Publisher that now sits on the top of the home page. Upgrades to that feature make it easier to a...

Executives at flagging online auction site eBay outlined a plan Wednesday to revive the once-mighty Internet company's fortunes. Chief Executive John Donahoe told Wall Street analysts that the company's greatest growth potential lies in its online payment unit, PayPal. eBay will also institute chang...

The historians will have to be very kind to this global financial meltdown and should reward it for a most needed rude awakening call, which is forcing a dramatic change of traditional business models. Right now, all over the world, this crisis is teaching CEOs new things -- first, that it's time to...

This week, Nintendo once again topped the news in the world of video games, taking a risk with the exclusive release of a violent, Mature-rated game for the Wii, a console that generally supports wares of a more family-friendly variety. Meanwhile, Take-Two announced a big loss for the first quarter ...

Microsoft on Wednesday revealed more details about how its upcoming Windows Marketplace for Mobile app store will work and its strategy for luring more developers to the Windows Mobile platform. The software giant will give developers a 70 percent cut of all sales generated by their applications on ...

In Italy, Biesse Systems is a manufacturer of substantial size; its American subsidiary, though, is by any measure a small business, with under 200 employees. Still, Biesse America's communication needs rivaled that of a large enterprise. It needed to communicate with its parent in Italy regularly, ...

On Tuesday, HP announced with much fanfare its move into storage virtualization. It unveiled its StorageWorks EVA models 6400 and 8400, and the SAN Virtualization Services Platform 2.1. These will let businesses squeeze more out of their storage resources, which have been sadly ignored in the rush t...

Online video site YouTube has stopped streaming music videos to users in the United Kingdom due to a dispute over royalties with PRS for Music, the UK entity that collects royalties for music artists. The two sides have been locked in a battle over royalties for months, and YouTube, which is owned b...

"With great power comes great responsibility" is an oft-quoted line from the first "Spider-Man" film. Without torturing the "web" metaphor beyond its breaking point, it also applies to your friendly neighborhood Internet service provider. A maze of legislation, regulations and business practices dat...

Smartphone maker Palm said Monday that it will remarket shares held by private equity firm Elevation Partners in an attempt to raise more capital as it readies itself for the rollout of its much-anticipated touchscreen phone, the Pre. Palm will sell about 18.5 million common shares -- or about half ...

Everyone's talking about Google's next big acquisition, but whether the company will actually make it is far from certain. The services the potential target offers are not quite in line with what Google does -- but then again, Google has never followed a straight linear product development road map....

Search engine powerhouse Google is testing the use of a new expandable ad format with advertisers. An expandable ad typically comes in the form of a small display ad that expands into a much larger ad -- often covering up much of a Web page's content, much to the chagrin of users. However, Google ha...

You can buy furniture, look for a job and seek an apartment on the popular online classified ad Web site Craigslist. But a quick check of the "erotic services" category for Seattle yields another possible transaction, one featuring a "tall, sexy, seductive blue eyed bombshell" calling herself "Emily...

Will 2009 see the redemption of the risk management profession, or is the renewed focus on risk a case of locking the stable doors after the horse has bolted? There is tremendous pressure from clients, regulators and politicians to get it right and invest in risk management practices that will preve...

YouTube is said to be in talks with Universal Music Group to create an online music video site. The reports come at a time when Google-owned YouTube is searching for ways to monetize its vast amounts of video content and Internet traffic. The major record labels have also been exploring a number of ...