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Motorola will cut another 4,000 jobs on top of the 3,500 layoffs it previously announced, the company said Wednesday. This move sets up the No. 2 handset maker to slash 10 percent of its workforce as it bids for enhanced profitability. The Schaumburg, Ill.-based company said it remained on track to ...

As the market for online banking matures, competition is heating up for a group of consumers no longer loyal to their primary financial institution. Some 31 percent of online consumers who have a checking or savings account are "switchers" -- people who can be enticed to desert their primary bank wi...

Google's acquisition of DoubleClick may be under scrutiny for potential antitrust and privacy violations, but that's apparently not stopping the search giant from snatching up another smaller firm -- this time, security software maker GreenBorder. In what's likely an effort to reassure Web users fea...

CBS has acquired Last.fm, a social networking Web site, for $280 million. The London-based operation focuses on music and has more than 15 million active users. CBS has reportedly been working on this deal for some time, the end goal being to allow Last.fm users to post CBS video clips to the site. ...

IBM has cut more than 1,500 additional jobs from its information technology services unit, the company said Wednesday. The move is the latest in a series of changes to revamp the company to better compete in a changing technology landscape. Big Blue laid off 1,573 more people from its services busin...

Corporations appear to be spending more time and money on regulatory compliance now than at any other time in recent history. In fact, the largest U.S. corporations spent an average of $4.6 million implementing Sarbanes-Oxley Act section 404 controls in their first year of implementation, and Forres...

The push for high-definition radio received a vote of confidence Tuesday when Sony unveiled the latest additions to its line of audio consumer electronics: a tabletop HD radio and an in-car audio adapter. "Sony is one of the first leading consumer electronics companies to offer quality HD radio-ena...

Domain name registrar and Web site hosting firm GoDaddy has reached an agreement to take over tens of thousands of domain names maintained by a rival firm that is about to lose its accreditation to register and host Web addresses. Scottsdale, Ariz.-based GoDaddy reached an agreement with the Interne...

The Federal Trade Commission reportedly is formally investigating Google's proposed takeover of interactive ad firm DoubleClick, with the agency weighing both the potential antitrust and consumer privacy issues of the blockbuster deal. The FTC has acknowledged receiving complaints about the possible...

Senders of unsolicited electronic messages, also known as spammers, are deploying a new generation of image spam to outsmart e-mail filters and other technologies designed to thwart them. They're cutting corners by linking their spam message to a photo from a popular image-hosting site, instead of s...

BEST OF ECT NEWS

Social Networking: Sharing or Sharecropping?

Social networking sites such as MySpace and Facebook provide a means for many people to share their lives with others, but are they and other Webposts that are turning the free content of their subscribers into economic gain, a new form of sharecropping? It certainly seems that way, according to Nic...

Google may be violating European Union privacy laws by storing user information on customer queries for prolonged periods of time, advisers to EU regulators informed the company. An independent European Union committee has begun an investigation to determine whether Google adheres to privacy guideli...

The state of Connecticut is suing electronics retailer Best Buy, saying the company deceived customers by using in-store kiosks linked to an employee-only Web site to suggest that bargains posted on the company's public-facing site were no longer available. Connecticut Attorney General Richard Blume...

OPINION

Web 2.0 Weds the Cell Phone

Social networking is the best-known use of the Web 2.0 -- just consider the popularity of MySpace and YouTube. Today, Web sites are so interactive and collaborative we now have a new way of communicating and staying in touch. Because of this, many have been wondering where the Web 2.0 -- the latest ...

Social networking is popular on the Web. So is shopping. Imagine, then, the potential of Net shops that combine the two into a package called "social shopping." Until recently, most designers of e-commerce sites have concentrated on catering to individual shoppers -- what the research firm Gartner c...


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