Business

Yahoo is reportedly looking to purchase microblogging platform and social networking website Tumblr for $1 billion. Tumblr is considered one of the coolest companies on the Internet because of its appeal to younger users -- the very demographic that Yahoo, which recently characterized its users as ...

Dell's quarterly earnings fell short of Wall Street expectations this week, leading to more questions about whether or not shareholders will accept Michael Dell's buyout offer and regroup as a private company. The PC maker reported a net income of $130 million, or 7 cents per share, during its most ...

Cisco's quarterly earnings report beat Wall Street expectations this week, giving investors a hint of confidence in the constantly evolving tech industry. The networking company reported a net income of $2.48 billion, or 46 cents per share. That's up from the $2.17 billion it earned during the same ...

Zact, a startup that offers customized wireless plans, launched this week as the latest service provider to promise mobile customers more control over their monthly bills. The no-contract company allows users to pick and choose from data, talk and text limits per month, all from an app on their phon...

Rep. Hank Johnson last week introduced into the U.S. House a new bill that could considerably change mobile app development. The bipartisan legislation would require application developers to gain explicit consent from consumers before collecting their data. It also would require developers to secur...

ESPN is reportedly in talks with at least one wireless carrier to help subsidize data usage for customers who stream sports video content on their smartphones and tablets. News of the possible deal comes as more mobile device users are turning to their smartphones for data-intensive activities like ...

Aereo -- the lawsuit-embattled company that provides Internet-streamed, live, and recorded over-the-air broadcast television content -- may have started a trend. None other than Time Warner may be considering the redistribution of public broadcast content over the Internet too. What it comes down to...

Two of Dell's largest stockholders, Carl Icahn and Southeastern Asset Management, have teamed up to propose an alternative to Michael Dell's plans to take his computer company private. The new deal on the table, issued in a letter to board members, involves a leveraged recapitalization that will pay...

Barnes & Noble investors reacted with pure unadulterated joy to the possibility that Microsoft is considering entering the e-book market and will acquire the company's Nook unit for a whopping $1 billion. Shares rose by a dizzying 24 percent on Thursday, when the rumor surfaced. By the close of ...

Barnes & Noble investors reacted with pure unadulterated joy to the possibility that Microsoft is considering entering the e-book market and will acquire the company's Nook unit for a whopping $1 billion. Shares rose by a dizzying 24 percent on Thursday, when the rumor surfaced. By the close of ...

YouTube unveiled a new subscription plan this week and will allow select channels to charge for monthly viewing plans. It's the first time the online video hub will charge for content. Channels including Jim Henson's TV will show episodes of Sesame Street for subscriptions starting at $2.99 per mont...

Rumors that Facebook is deep into the process of purchasing Waze -- maker of a mobile satellite navigation app that leverages crowdsourced mapping and traffic tips -- are making the rounds. Facebook has apparently signed the terms and is conducting due diligence after six months of negotiations, acc...

Groupon reported a better than expected first quarter thanks to strong North American revenue growth and an uptick in mobile customers. That helped send the daily deal website's stock soaring Wednesday. The company reported revenue of $601.4 million, an 8 percent jump from the $559.3 million during ...

T-Mobile sold approximately 500,000 iPhone 5 handsets since their April 12 launch with the carrier, the company announced Tuesday during its Q1 earnings report. T-Mobile -- the last of the major carriers to offer Apple's smartphone -- attributed those sales to a combination of new and existing custo...

One of my childhood friends, who was also a Facebook friend, died in 2009. Yet I still get messages from Facebook encouraging me to connect with his Facebook page. Has that ever happened to you? Or have you ever sent an email to a colleague, only to learn from other sources that the person is deceas...