Business

More than 131 million shoppers -- or 54.8 percent of the shopping population -- are planning to hit the online deals this Cyber Monday. That is one finding of a National Retail Federation survey conducted by Prosper Insights & Analytics over the weekend. For comparison, the corresponding figure ...

Retailers have been trying for years to expand Black Friday shopping with extended hours and prolonged sales, and this year that trend appears to be reaching new heights, with some stores even planning to be open early on Thanksgiving Day. That's not a universal rule, however. Glenview, Ill.-based A...

In his first meeting with investors since taking the helm, CEO Brian Krzanich presented a road map for the company's future. Intel will make a stronger push into mobile devices, expand its foundry business to build processors for other chip makers, and move into additional new markets. "Obviously, s...

Red costume, white beard, ruddy cheeks, cheery voice and smiling, twinkly-eyed charm -- all are indispensable tools for any self-respecting Santa Claus. Nowadays, however, there's a lot more than mere lovable magic going on in the business of being Mr. Claus. Modern Santa has gone high-tech, and tod...

Samsung Electronics must pay Apple $290 million in damages for infringing five of its patents, a federal jury in California decided on Thursday. The sum may not make a huge mark -- or even a moderate one -- on Samsung's balance sheet, but the verdict gives Apple one more victory against its rival as...

Google on Wednesday introduced the Google Wallet Card, a debit card that gives people instant access to the funds they have stored in Google Wallet. The card works like a traditional debit card, so users can swipe it to pay at a restaurant or store, for instance, or use it to get money from an ATM.

The FCC is ramping up efforts to transition U.S. phone networks from their current TDM technology to VoIP. The commission's January meeting will include consideration of an Order for immediate action, said Chairman Tom Wheeler. The order should include recommendations on how best to obtain comment o...

AT&T and Verizon, the leading telecom service providers in the U.S., are growing in several different sectors. They offer the widest variety of services, including wireless, landline telephone, Internet protocol television and high-speed Internet access. They are also the biggest targets. If 201...

AT&T and Verizon, the leading telecom service providers in the U.S., are growing in several different sectors. They offer the widest variety of services, including wireless, landline telephone, Internet protocol television and high-speed Internet access. They are also the biggest targets. If 201...

Dropbox is not only planning to raise $250 million in the next few weeks but is also reportedly seeking a corporate valuation of $8 billion. That's more than double the valuation investors placed on the company the last time Dropbox hit the funding circuit back in 2011. The company has already raise...

U.S. District Court Judge Denny Chin has ruled in favor of Google in a lawsuit filed by the Authors Guild over the Google Books project. "In my view, Google Books provides significant public benefits," Chin said. "It advances the progress of the arts and sciences, while maintaining respectful consid...

The furor around popular technology startups shows no sign of letting up. The latest big-money rumor centers on Snapchat, the company behind the eponymous 2-year-old smartphone messaging app that has yet to earn a cent. Facebook reportedly made an all-cash $3 billion offer in recent weeks, but Snapc...

Video streaming service Roku has added an integrated news service powered by AOL to its home screen, the company announced Thursday, giving users quick access to news content. "News is among the fastest growing categories on the Roku platform, and this partnership with AOL makes it even easier for c...

Microsoft is ending its controversial practice of using stack ranking to evaluate its employees. Instead, the company is changing its performance review program "to better align with the goals of our One Microsoft strategy," wrote Lisa Brummel, the company's executive vice president of human resourc...

Companies across the IT sector are in favor of improving the U.S. patent system and generally support efforts in Congress to improve patent protection. However, not all IT companies are in favor of specific proposals to improve the patent process. A current example is a patent reform bill recently i...