Business

Newly hired Yahoo CEO Marissa Mayer is reportedly considering a change in business strategy for the company, beginning with a restructuring plan that would use the revenue from Yahoo's Alibaba sale for long-term investment options rather than an immediate payback to shareholders. Yahoo announced in ...

HP dropped a bombshell on the investment community: The tech conglomerate said it was taking a goodwill charge, or write-down of $8 billion. It didn't say for what exactly -- just that it stems from the recent trading values of HP's stock, coupled with market conditions and business trends within th...

Once again, reports that troubled smartphone maker Research In Motion may enter a deal with burgeoning smartphone rival Samsung are making the rounds. Shareholders appeared to welcome the news, sending RIM's stocks soaring to close up 3.3 percent at $7.56. RIM may be trying to revive discussions wit...

Starbucks has selected Square to process mobile payments at its approximately 7,000 stores nationwide in the United States, in a move that could shake up the nascent mobile payments market in the country. The coffee company had introduced the first mobile payment via iPhone app in 2009. It took mobi...

Privacy in the cloud may be an illusion, given the known cybersecurity risks, not to mention the laws in the U.S. and around the world that permit government agencies relatively easy access to remote data including data stored in the cloud. Of course, businesses have relied on storing data in the cl...

The patent trial pitting Apple against Samsung is into its second week, and the accusations of patent infringement, design prototype leaks and heated examinations don't show signs of stopping. The fight's U.S. front is being played out in a San Jose, Calif., courtroom this month. Apple alleges that ...

Best Buy founder Richard Schulze has submitted a written proposal to buy the electronics retail chain in a deal that would value the company at as much as $8.8 billion. Schulze is currently the company's largest stakeholder with about a 20 percent share of the business. He stepped down as chairman o...

Even with the launch of new products, HTC's second quarter fiscal results came in lower than expected, with revenue down on the year and a sober outlook going forward. The smartphone maker launched new lines, including the HTC One series, Desire series, EVO 4G LTE and Droid Incredible 4G LTE, as wel...

Electronics Arts on Friday filed a lawsuit alleging that Zynga's "The Ville" infringes its copyright for "The Sims Social." EA filed the suit on behalf of the studio Maxis on the basis that Zynga copied "original and distinctive expressive elements" of "The Sims Social," according to Lucy Bradshaw, ...

It's been a busy summer for Microsoft and chief executive Steve Ballmer. In recent weeks, the software giant released customer previews and ship dates for the newest versions of its flagship Windows and Office products; purchased Yammer, a cloud-based enterprise social networking company; hosted it...

It is hard to remember that only a few months ago, the market was greedily speculating about how high Facebook's stock might go. Fast-forward to one IPO debacle, several negative research reports, the departure of several top executives, and a lukewarm earnings report, and the question is now fearfu...

AT&T announced plans to buy NextWave Wireless in a $600 million deal aimed at boosting its spectrum holdings as the company attempts to meet skyrocketing demand from smartphone and other mobile device users. If the agreement is approved, AT&T will acquire NextWave's Wireless Communication Se...

AT&T announced plans to buy NextWave Wireless in a $600 million deal aimed at boosting its spectrum holdings as the company attempts to meet skyrocketing demand from smartphone and other mobile device users. If the agreement is approved, AT&T will acquire NextWave's Wireless Communication Se...

As Apple and Samsung continue to fight out their patent dispute in court, Samsung has opted to publicize information that the judge refused to allow jurors to see, according to an AllThingsD report. The high-profile trial started Monday in San Jose, Calif., and will determine whether Samsung copied ...

Last week, Google started selling a very high-speed Internet and television service in Kansas City. This service stands a good chance of blowing customers' minds and changing expectations. The question is, will Google get into this business and compete with cable television and phone companies? Or i...