Archive

Applied Materials announced plans to reduce its workforce by 1,000 as part of a global cost-cutting move. The company, one of the largest suppliers of semiconductor equipment, said the year-long reductions would come through job elimination and attrition. It will take a $20 million charge for the re...

At the end of 2004, it appeared the home networking phenomenon was bypassing Europe. Penetration rates were far behind North America and Asia, and only a few households were interested in a home network. Broadband adoption was likewise lackluster. In many of Europe's leading markets, just one-fifth ...

Just months after it decided to stop its legal battles against the landmark EU antitrust finding, Microsoft now finds itself facing new inquiries into claims that the software giant abused its market dominance. The European Commission is looking into accusations that Microsoft used its power in the ...

In a move to help it break free of the old-school DVD format, Netflix is beefing up its streaming video service. Instead of limiting the number of hours customers can watch movies online, Netflix is now offering unlimited video streaming from its entire video library. With the change, customers can ...

IBM posted strong fourth quarter results Monday, beating profits and sales targets as it rode to the rescue of a sagging stock market by providing renewed optimism about technology earnings. Big Blue's profit rose 24 percent to $2.80 per share in the fourth quarter of 2007 while revenue increased 10...

All of the anxiety-producing statements that drove tech and telecom stocks up and down last week have me feeling like Chicken Little -- and I'm a mere mutual fund investor. On Tuesday, AT&T Chairman and CEO Randall Stephenson scared the bejesus out of investors when he said "We're really experie...

Leading domain registrar Network Solutions is under fire for a controversial practice under which it briefly reserves domain names after it notices search activity on the names. Network Solutions describes the technique as a way to protect legitimate interest in domains from modern-day cyber-squatte...

Peer-to-peer consumer lending sites are shaking up the world of Internet finance. Be it the Internet or broadband wide-area networks, growing capabilities and increasing standardization are changing the way finance organizations do business, as Part 1 of this series discusses. The Net is also a key ...

Outsourcing phenom Infosys Technologies posted mixed third quarter results, causing its stock valuations to drop by some 5.6 percent midday Friday. It also reignited speculation that the Indian-based conglomerate's fortunes may be too closely linked to the U.S. economy. For the quarter, Infosys post...

While apparel, department and specialty stores bemoan a 2007 less-than-stellar holiday sales season, consumer electronics retailer Best Buy announced Friday that its total revenue for the fiscal month ending Jan. 5 rose 11 percent to $7.3 billion, meeting the company's expectations. That increase wa...

On Wednesday, the Supreme Court will hear an argument in the Quanta v. LG Electronics case. The issues involve some interesting patent doctrines and their interplay with technologies of today. The case involves LG licensing some chipset patents to Intel with some express contractual provisions -- in...

Amazon.com will start selling songs from the massive library of Sony BMG in a format free of restrictions on copying and playback -- a major victory for the e-tailer's fledging music store and another sign that digital rights management controls on premium digital music may soon be a thing of the pa...

Have you been unsuccessful in raising capital for your company? Certainly, depending on the profitability of and prospects for a company, raising capital can be a difficult challenge. However, some industries find it easier to raise capital than others. Much of it depends on which industries are in ...

On Nov. 15, the Securities and Exchange Commission took a first step to drawing a road map towards use of globally accepted accounting standards by voting unanimously to allow foreign companies to file financial results using international financial reporting standards without reconciling the figure...

New York Attorney General Andrew Cuomo is investigating Intel for possible illegal business practices meant to keep rival AMD at bay -- the latest development in an ongoing antitrust entanglement for the leading chipmaker. Cuomo's office has issued a "wide-ranging" subpoena to California-based Intel...