Business

U.S. government agencies are moving briskly into the mobile era, spurred by the fast pace of technological change. The scope of the federal mobile market is broad-based, and to some degree depends upon what is meant by such terms as "wireless," "mobility" and "digital." The parameters of that market...

Apple CFO Peter Oppenheimer will retire in September, when he'll be replaced by Corporate Controller Luca Maestri, the company's VP of finance. Maestri will begin taking the reins in June. The move was expected. When Maestri joined Apple last year, the rumor mill began buzzing about his being groome...

CEO Satya Nadella has begun his much-anticipated shakeup of Microsoft's leadership ranks, just weeks after taking the helm. Tony Bates, EVP of business development and evangelism, and Tami Reller, EVP of marketing, are on the way out. Eric Rudder, EVP of advanced strategy, will take over Bates' duti...

At nearly 30 hours per week, video consumption in the average U.S. broadband household has increased approximately 29 percent since 2010. Although the TV set remains the most popular platform, its usage rates have remained relatively constant, at about 83 percent. However, the time spent consuming v...

Mt. Gox, the largest Bitcoin exchange, filed for Chapter 11 bankruptcy proceedings in Tokyo, Just days after going offline following the publication on Scribd of an internal memo that alleged hackers had stolen nearly 745,000 Bitcoins from its servers over the years. Blaming a weakness in the compan...

eBay on Wednesday announced it was leading a $134 million investment in Snapdeal, which claims to be India's largest e-commerce marketplace. eBay's first investment in Snapdeal came in mid-2013, when it poured $50 million into the company. Snapdeal merited additional financing because of its complem...

The Comcast Netflix deal represents a completely new and refreshing direction for the industry. It clears away much confusion and illuminates a clearer path for growth for all companies in the battle. This deal represents a watershed moment for Web content providers. Congratulations to both Comcas...

The U.S. Department of Justice and the Office of the Director of National Intelligence reportedly have submitted four proposals to reform the National Security Agency's phone surveillance program. The recommendations come well before the March 28 deadline set by President Obama. Three deal with havi...

Target reported financial results for the quarter during which it suffered a high-profile data breach, revealing how badly the company was stung by the security lapses. In the three months ending Feb. 1, net earnings dropped by 46 percent compared with the year-ago fourth quarter, from $961 million ...

Dropbox reportedly has secured $350 million in a new round of funding to further its growth. The funding round generated at least $325 million but that figure could swell to as much as $450 million, according to documents filed Tuesday with the Securities and Exchange Commission. It appears that $35...

Carl Icahn has ratcheted up his efforts to get eBay to spin off its lucrative PayPal division. The billionaire investor on Monday sent an open letter to other shareholders accusing eBay board members Marc Andreessen and Scott Cook of placing their interests before those of investors. Icahn called ou...

The explosion of the Internet of Things, or IoT, promises great opportunities for improving quality of life -- but also for creating both seen and unforeseen dangers. The IoT generally refers to a network of physical objects that contain embedded technology to sense, communicate and interact with th...

Netflix users who subscribe to Comcast Internet services soon may enjoy much smoother streaming video. The companies have agreed to a "mutually beneficial interconnection agreement" with the goal of giving Comcast's U.S. broadband customers a high-quality experience when using Netflix's streaming vi...

Google on Friday announced its purchase of online ad fraud fighter Spider.io. It initially will include Spider's fraud detection technology in its video and display ad products. Over time, Google will incorporate Spider's iFramed ads view technology in its products. Its long-term goal is "to improve...

Google has revealed plans to expand its Google Fiber Internet service to as many as 34 new cities. Google Fiber offers connection speeds of up to 1,000 Mbps -- around 100 times faster than the average U.S. speeds of 9.8 Mb/sec, according to Akamai -- by providing service through fiber-optic cables i...