Archive

Ask anyone what comes to mind when they think of TJX Companies, and they'll almost certainly mention the infamous data breach earlier this year that exposed more than 45 million customer credit and debit cards to hackers. That's the kind of publicity most companies can do without, but it's also the ...

Joseph Nacchio, the former CEO of Qwest Communications convicted of 19 counts of insider trading, was sentenced Friday to six years in prison plus financial penalties totaling $71 million. At Nacchio's hearing in the U.S. District Court for the District of Colorado in Denver, U.S. District Judge Edw...

Microsoft announced plans to acquire online advertising exchange AdECN -- its latest move in an aggressive strategy to build out its advertising platform. Although the financial terms of the deal haven't been disclosed, "all of the shareholders are extremely, extremely happy with the deal and acquis...

The European Commission on Friday confirmed that it has sent a statement of objections to Intel charging the microprocessor giant with engaging in anticompetitive practices. The letter, which was sent Thursday, accuses Intel of abusing its dominant market position in order to deliberately exclude AM...

For startup e-commerce companies, protecting customer data doesn't always come naturally. Small matters such as getting a business idea out of the starting gates and into the race -- not to mention winning those very first customers -- tend to overshadow the many liabilities associated with collecti...

XM Satellite Radio posted second-quarter results that showed it managed to stem the flow of red ink that has dogged the company, thanks in part to strong gains in sales of new cars equipped with the technology. XM lost $175.7 million, or 57 cents a share, in the quarter that ended in June, compared ...

Web content aggregator Digg and Microsoft announced a deal in which Microsoft will be the exclusive provider of display and contextual advertising on the Digg site. The three-year agreement will allow Digg to focus less on advertising infrastructure and more on innovating the field, said Digg CEO Ja...

A federal judge on Wednesday gave the founders of Facebook challenger ConnectU two weeks to shore up their case against the popular social networking site, indicating he thinks the lawsuit is based on a shaky foundation. The plaintiffs contend Mark Zuckerberg surreptitiously stole their idea for a W...

Electronic Arts, going wide and deep with in-game advertising, announced Wednesday that it will use Microsoft's Massive in-game advertising division to put ads in its sports titles. The titles include the Xbox 360 and/or PC versions of the biggest sports video games coming in the fall, including "Ma...

New laws and regulations inevitably follow massive and profound technological changes as societies come to grips with how new technologies may be used. Given the extent of changes the Internet has fostered across nearly every aspect of modern life, it comes as no surprise that innovations dealing wi...

Amazon.com blew by Wall Street expectations Tuesday when it reported its second-quarter sales for 2007 were up 35 percent year-over-year. Media sales grew 27 percent, no doubt boosted by 1.5-plus million Harry Potter and the Deathly Hallows prerelease orders made by the quarter ending June 30. Howev...

XM Satellite Radio's cofounder and longtime Chief Executive Officer Hugh Panero will vacate the CEO post in August. XM did not immediately name a full-time replacement, instead saying it would use its second quarter earnings conference call scheduled for Thursday morning to outline its plans for the...

Revenues from advertising at sports sites on the Web will catapult in the next five years to more than $1 billion, according to a report from a New York marketing research firm. The report from eMarketer predicts sports sites will rake in $1.1 billion in ad revenues in 2011, up from $400 million in ...

A joint sting operation by the FBI and the People's Republic of China has netted more than half a million dollars' worth of counterfeit software, the FBI announced Monday. The unprecedented cooperative effort, code-named "Summer Solstice" and dating back to 2005, resulted in the arrest of 25 people ...

AOL has reached a deal to buy Tacoda, an online advertising firm that specializes in behaviorally targeted marketing. AOL will integrate Tacoda into its Advertising.com division, where the six-year-old firm's behavioral science marketing will be used to help AOL produce more targeted and effective o...