Business

Microsoft has slashed the price of its Surface RT by some 30 percent, or $150, putting the price of the tablet now at approximately $350, depending on the version. The price cut follows hard on the heels of news that the company will undergo a reorganization, in part to bolster its still-flagging ef...

A persistent myth in the tech world is that major enterprises in highly regulated industries are risk-averse and reluctant to adopt new technology innovations. In the case of the financial services sector, this has not been the case for years, and it is being disproved again as a growing number of f...

Verizon may owe Apple between $12 billion and $14 billion for not selling as many iPhones as it promised to this year, according to two analyst reports revealed Thursday. Verizon committed to buy $23.5 billion worth of iPhones this year -- a number that is more than twice what it sold in 2012 -- le...

Although it initially denied involvement in the National Security Agency's PRISM surveillance program, Microsoft has in fact worked closely with U.S. intelligence agencies to monitor users' communications, even helping the NSA circumvent its own encryption to do so, new documents from whistleblower ...

Microsoft announced a sweeping reorganization on Thursday, possibly lurching from controlled chaos to total chaos. The company will now focus on a single strategy, emphasize engineering, and increase collaboration among departments, with some sort of political commisar -- the evangelism and business...

Barnes & Noble's board of directors on Monday announced changes in the company's executive ranks that extend all the way to the top echelon. First and foremost, William Lynch has resigned as CEO and director effective immediately. In addition, former CFO Michael Huseby has been appointed CEO of ...

Barnes & Noble's board of directors on Monday announced changes in the company's executive ranks that extend all the way to the top echelon. First and foremost, William Lynch has resigned as CEO and director effective immediately. In addition, former CFO Michael Huseby has been appointed CEO of ...

Things are looking better and better for Michael Dell's proposed $24.4 billion leveraged buyout offer for the company he founded. Following hard on the heels of repeated disapprovals of a competing offer from billionaire investor Carl Icahn, a special committee of Dell's board of directors announced...

Millions of people have created avatars that live in Internet virtual worlds. Those virtual worlds include Second Life and Maple Story, as well as video games. Although these virtual worlds and games are used regularly by individuals around the world, few consider the ownership and other legal right...

Google Glass has generated a more or less steady stream of privacy criticisms and concerns since it was first announced, but the company's latest effort to satisfy critics has apparently fallen short. Specifically, Google's recent response to a letter sent in May by eight members of the Bipartisan...

Remember Bebo? In its heyday, five or six years ago, the social networking site showed enough promise to be considered a possible rival to then-dominant MySpace -- and to pull in an $850 million purchase price when it was acquired by AOL. What a difference a few years make. Fast forward to 2013, and...

Open cloud provider Rackspace has entered into a yearlong contributor agreement with CERN openlab whereby it will deliver a hybrid cloud solution based on OpenStack to help CERN research the origins of the universe, the company announced on Monday. CERN openlab provides a framework for testing and v...

Technology vendor partnerships come in two general flavors: 1) strategically transformative relationships that aim to develop and deliver something essentially new; and 2) tactically accretive relationships that strengthen the partners' individual efforts. The first sort typically occurs between com...

Internet streaming TV service Aereo may face ongoing legal battles, but on Thursday it pushed ahead apparently undaunted and announced the upcoming launch of its service in Chicago. The news comes just a month after the company kicked off its Atlanta launch, adding to its existing base of New York C...

The Federal Trade Commission's Bureau of Consumer Protection on Monday issued a letter to search engines including Google, Yahoo and Microsoft, advising them to provide better labeling and notification of advertising that appears alongside search results. The letter is an update to guidelines issued...