Business

Nintendo lowered expectations for sales of its Wii U gaming system Wednesday, revealing that not as many gamers are buying the recently launched console as the company previously hoped. Nintendo adjusted projections on hardware and software products throughout the company, but Wii U sales expectatio...

Almost a year and a half ago, I asked a simple question: Will Apple Still Be Apple Without Steve Jobs? At the time, the answer seemed to be a simple "no." Over the next couple of years, Apple would become just another competitor, I predicted -- and unfortunately, that's exactly what is now happening...

Citing national security concerns, the Justice Department on Tuesday asked the FCC to put the brakes on the pending Sprint-Softbank merger. The DoJ, FBI and DHS are reviewing the buy for national security, law enforcement and public safety concerns, according to a letter Justice sent to the FCC. "We...

It is now illegal to unlock a cellphone, thanks to a decision late last year by the Library of Congress that went into effect on Saturday. That decision eliminated an exemption to the DMCA that gave users the right to legally unlock a device in order to use a different provider's network. The Librar...

Microsoft reported an earnings slip in its second fiscal quarter on Thursday, despite strong sales from its Windows 8 operating system that gave overall revenue a boost. It brought in $21.46 billion in revenue, a 3 percent increase from the same period a year ago. However, its net income of $6.4 bil...

Microsoft reportedly is in talks to invest in Dell as the struggling PC maker explores its options outside the public market. The software giant has been meeting with representatives from Dell and Silver Lake Partners to discuss a deal that would involve an investment of up to $3 billion. That could...

Apple's stock fell after the company released its most recent quarterly report, despite record revenue, iPad and iPhone sales. It posted $13.1 billion, or $13.81 per share, in net income for its first fiscal quarter on revenue of $54.5 billion. Net income was flat compared with the same period a yea...

So, what is Aereo all about? Well, it's a brand new idea, a Web TV service. The days of the $200 TV bill are numbered, said the CEO of Aereo in a recent interview. This sounds like a good idea, right? Well, the cable television model is old and broken, and the need for lower-cost alternatives is g...

Google wowed analysts and shareholders with its fourth-quarter earnings released on Tuesday. The search engine giant reported consolidated revenues of US$14.42 billion for the quarter ending Dec. 31 -- an increase of 36 percent compared with the fourth quarter of 2011. Its GAAP net income, including...

AT&T has reached an agreement with Atlantic Tele-Network to buy its wireless assets for $780 million. The deal will add approximately 585,000 subscribers -- mainly in Georgia, Idaho, Illinois, North Carolina, Ohio and South Carolina -- to AT&T's user ranks. Perhaps more importantly, AT&T...

AT&T has reached an agreement with Atlantic Tele-Network to buy its wireless assets for $780 million. The deal will add approximately 585,000 subscribers -- mainly in Georgia, Idaho, Illinois, North Carolina, Ohio and South Carolina -- to AT&T's user ranks. Perhaps more importantly, AT&T...

Browse any mobile app store and you'll find a number of apps relating to monitoring activity and tracking fitness while you work out and train. Shelf space is increasingly dedicated to fitness-related gadgets including activity monitors and other workout gear. Now there are massively multiplayer-sty...

Dish Network has asked the U.S. Federal Communications Commission to pause its review of Softbank's proposed $20.1 billion acquisition of Sprint while the two companies battle over their bids to buy Clearwire. Dish contended in a filing this week that the FCC's review of Softbank's acquisition is "u...

Microfunding sites such as Kickstarter, Indiegogo and newcomer ClickStartMe are making it possible for entrepreneurs and inventors from small-scale to established companies to get the momentum they need to put out a product. One category that is seeing a lot of activity is sports and fitness. New ca...

A rapidly increasing number of mobile shoppers gave eBay the boost it needed to turn in fourth-quarter results that beat analyst expectations. Revenue jumped 18 percent to $3.99 billion for the quarter, giving eBay a profit of $751 million during the quarter that included the holiday season, when me...