Business

While it was widely assumed that Facebook would pull an about-face following its recent high-profile IPO and employ some restraint when it came to future acquisitions, the opposite appears to be happening. The social networking giant reportedly has several potential moves in play. The biggest -- for...

The honeymoon is over for Facebook and Mark Zuckerberg. In fact, it ended before it began. Facebook's long-awaited and much-hyped IPO is just over a week old, and the blame game is on as the company has lost 16 percent of its value since the initial offering. Wall Street's take on Facebook has gon...

Google has updated its Transparency Report to include requests to take down URLs that contain copyrighted material. Such requests, made by content owners or their representatives, are at the heart of the Digital Millennium Copyright Act. Until now, Google has only publicized government requests to r...

Faced with a public rally outside the venue for its shareholder meeting at the Seattle Art Museum on Thursday, Amazon announced it would withdraw from a conservative business group and improve workers' conditions at its warehouses. The protesters wanted Amazon to quit the American Legislative Exchan...

The French National Commission on Computing and Liberty is running up against what seems to be a chronic problem with Google: difficulty in getting all of the information it requested. The CNIL was tapped by Europe's Article 29 Working Party to take the lead in analyzing Google's new privacy policy,...

Fox, CBS and NBC filed lawsuits against Dish Network Thursday over a feature found in a new digital video recorder that lets subscribers automatically skip the advertisements on recorded shows from major networks. Dish countered by asking a judge to declare that the feature does not infringe on any ...

While it sounded like a sure thing, it was apparently anything but. Investors lined up to take part in last week's Facebook IPO with hopes of skyrocketing returns, but instead of blasting off, the stock lost ground. For Facebook, it might as well have crashed and burned. Nothing is certain with stoc...

HP has posted its second quarter earnings and announced it will lay off 27,000 workers worldwide in an effort to simplify its business and increase efficiency. HP beat Wall Street expectations with its earnings but still faces questions about how it will compete in a changing tech industry. The comp...

HP has posted its second quarter earnings and announced it will lay off 27,000 workers worldwide in an effort to simplify its business and increase efficiency. HP beat Wall Street expectations with its earnings but still faces questions about how it will compete in a changing tech industry. The comp...

Executives at Google no doubt are heaving signs of relief at the outcome of the latest -- and possibly last -- phase of the Java copyright and patent trial: The jury unanimously found that Google did not infringe Oracle's patents. U.S. District Judge William Alsup, who is presiding over the trial in...

When AOL made a $1 billion deal to sell patents to Microsoft last April, its stock jumped up about 43 percent on the news. After all, AOL could use a $1 billion shot in the arm. Who couldn't? But what is behind this string of sales of patents? Why are patents so important to large tech firms like Mi...

Dell took a hard hit on Wall Street Wednesday after it revealed sluggish PC sales and a disappointing quarterly earnings report. Shares of Dell were down 17 percent Wednesday, Dell's biggest one-day drop since 2000. The stock, already down 15 percent on the year, closed at $12.49. Shareholders expre...

Before Apple and Samsung launched a new chapter in their multicountry, multiargument patent dispute, Judge Lucy Koh of the U.S. District Court for the Northern District of California, told the two sides to sit down and try to iron out their differences. Apple CEO Tim Cook and Samsung CEO Choi Gee-su...

SAP has revealed plans to acquire Ariba, an enterprise e-commerce network, for US$4.3 billion as part of the German company's expansion into cloud computing. SAP will purchase Ariba for $45 per share -- about 20 percent more than its market price. Ariba's board approved the purchase unanimously. Th...

After dropping to $31 per share on Tuesday, Facebook's stock is hinting at a turnaround Wednesday morning, hovering around $32.15 per unit. Unless the stock surges past its $38 per unit launch price, however, it is hard to imagine how those responsible for its disappointing debut -- a group that inc...