Business

The chain of troubles plaguing Nokia grew longer this week with news that class-action litigation giant Robbins Geller Rudman & Dowd has filed suit against the firm alleging violations of the Securities Exchange Act of 1934. The complaint can be summed up thusly: Nokia said its shift to Windows ...

A fresh blight has struck Yahoo, which continues to flounder as management slashes its workforce in a bid to put the ailing company back on its feet. The resume of recently hired CEO Scott Thompson claims he holds a college degree that he never actually earned. The news erupted on Thursday in the mi...

Facebook announced an estimated price for its long-awaited initial public offering Thursday, setting a range of $28 to $35 per share. The top end of its estimate would give the social network a valuation of $96 billion. The company's upcoming roadshow starts Monday and will stop in major U.S. citie...

The U.S. Federal Communication Commission may have settled for a gentle slap to Google's wrist after investigating alleged violations of the federal Wiretrap Act via its Street View program, but Google's legal woes stemming from that issue are far from over. Europe reportedly is preparing to look at...

Research In Motion's investors did not seem pleased with the company's latest endeavor, BlackBerry 10, which CEO Thorsten Heins unveiled at its BlackBerry World 2012 conference in Orlando, Fla., earlier this week. As the new operating system made its debut, the device maker's stock dropped on the To...

Yelp reported a net loss in its first quarter as a publicly traded company after aggressive expansion abroad led to a sharp increase in costs. The site, which provides online reviews of local businesses, released its earnings on Wednesday for its first ever fiscal quarter after filing its IPO. Yelp ...

IBM is building out its digital marketing functionality in its Smarter Commerce portfolio with the acquisition of Tealeaf Technology, a provider of customer experience analytics. Tealeaf software records and analyzes customer interactions on a company's website and any mobile channels it offers. It ...

Target has decided to stop selling anything carrying the Amazon and Kindle brands. "We still have some of the product in our stores, and we expect they'll be sold by the end of May," Target spokesperson Molly Snyder told the E-Commerce Times. There's been some speculation that this move is tied in w...

Nokia announced Wednesday that it has filed a complaint with the United States International Trade Commission against HTC, as well as lawsuits in the U.S. and Germany against Research In Motion and Viewsonic, claiming the three firms violated a total of 45 patents. The patents in question cover hard...

Motorola Mobility revealed its quarterly earnings for its first fiscal quarter of the year Tuesday, reporting a slightly higher net loss than last year. The company lost $86 million, or 28 cents per share, compared to $81 million, or 27 cents per share, for the same time a year ago. Smartphone sales...

The England and Wales High Court has ordered that Internet service providers in the UK must block access to The Pirate Bay. The High Court ruled in February that the site and its users were in violation of copyright law and followed with the court order Monday commanding ISPs to restrict access to t...

The Oracle and Google legal teams delivered their closing arguments Monday in the high-profile trial over allegations Google violated Oracle's copyright on Java, and the case was sent to the jury. Oracle's argument, presented by attorney Michael Jacobs, is that Google knew it needed a license for Ja...

The current brouhaha over the possible increase of federal student loan rates masks a greater problem: We are graduating a generation of people with college-level skills that our companies don't value. This is the root of the "jobless recovery." Businesses need capabilities that fresh graduates don...

Samsung's first quarter earnings suggest that it has reached a significant milestone: It could be the world's largest mobile phone manufacturer, topping Apple in market reach. In this case, "suggest" is the operative word. "As you know, Samsung doesn't give their cellphone shipment numbers," said Az...

Business-to-business selling on the Internet, or B2B e-commerce, is one of the fastest growing segments of the small-business marketplace. As businesses flock to the Internet to find vendors for essential products and services, B2B e-commerce is rapidly expanding, both in terms of total revenue and ...