Business

Lenovo's CEO told a French newspaper this week that the computer maker would be open to exploring a BlackBerry buyout. It is not the first time a Lenovo executive has publicly stated interest in the struggling smartphone company. In January, Chief Financial Officer Won Wai Ming said that his company...

Carl Icahn has been pushing back against Dell's proposal to go private in a $24.4 billion deal. Dell finally gave way -- a little -- and is allowing Icahn to examine the company's confidential information. Dell has been battling shareholders about the proposed leveraged buyout almost since it was un...

Motorola Mobility announced another round of layoffs Friday, alerting its workers that it plans to cut 1,200 jobs, or about 10 percent of its current work force. It is the second round of layoffs since the company was acquired by Google last May in a $12.4 billion deal. Motorola announced the first...

Pandora exceeded Wall Street expectations with its quarterly earnings report Thursday, sending the company's stock soaring. The streaming music service still faces the inherent challenges in its sector, however -- namely rising royalty costs and how to monetize a mobile presence. In addition to the ...

The cost of keeping a smartphone can add up, but an app developer may have found a way to help users make money off their devices, as the company tries to offer a unique twist on the mobile ad space. SmartAds is giving consumers the ability to "sell" adspace on their Android devices, and is offering...

The T-Mobile-MetroPCS merger has moved one step closer to the finish line now that the Department of Justice has signaled it doesn't oppose the deal. The department allowed a required waiting period to pass without objection, Deutsche Telekom said Wednesday, bringing the deal to an "important stagin...

Verizon wants complete control of its joint Verizon Wireless division with Vodafone, so it is reportedly considering a merger of the two companies or a buyout. Vodafone currently holds a 45 percent stake in the wireless venture, estimated to be worth about $115 billion. The two have discussed a merg...

Microsoft was just handed -- and has accepted -- a fine by the European Union for failing to offer users a choice of browsers on its Windows 7 operating system, despite a legally binding commitment. As part of a 2009 settlement with the EU following a competition investigation, Microsoft introduced ...

When Brooklyn-based PruneDanish.com sends shipments of its electronics, accessories, and home and garden products to customers overseas, it uses Swedish stamps. As odd as that might seem, it makes sense for the e-commerce company. PruneDanish.com uses the services of Direct Link, a U.S. subsidiary o...

The White House agreed Monday with consumers who want to be able to legally unlock their mobile phones and tablets and move them to the carrier of their choice. The Obama administration's statement was in response to a petition on the White House's We The People forum that disagreed with the Library...

Kim Dotcom experienced a legal setback late last week when the New Zealand Court of Appeal overturned a lower court ruling that had required the U.S. Federal Bureau of Investigation to disclose all of its evidence against him. However, his fight to avoid extradition is nowhere near closure. Nor has ...

Google and other aggregators won a partial victory Friday in the lower house of the German parliament, where lawmakers approved legislation that would allow publishers to protect their digital copyrights by charging to fully reproducing their content. Questions remain about whether other countries -...

U.S. District Judge Lucy Koh on Friday struck more than $450 million from the damages a jury awarded to Apple in last summer's blockbuster verdict against Samsung. The jury found that Samsung had willfully copied a number of Apple's design and software patents for the iPhone and ruled that it should...

Barnes & Noble reported this week that it will be rethinking strategy for its Nook division, since slow sales of its e-reader led to a tough recent quarter for the nation's largest book retailer. The company reported an overall total revenue slump for its third quarter, down 8.8 percent to $2.2 ...

Barnes & Noble reported this week that it will be rethinking strategy for its Nook division, since slow sales of its e-reader led to a tough recent quarter for the nation's largest book retailer. The company reported an overall total revenue slump for its third quarter, down 8.8 percent to $2.2 ...