Business

Oracle is clearly not prepared to let go of the TomorrowNow case involving corporate theft it suffered at the hands of the service provider, which was acquired by rival SAP in 2005. In a legal filing this week, Oracle rejected the $272 million in court-ordered damages from SAP. A jury found in favor...

Yahoo's chairman and three of its board members will step down at the company's next shareholder meeting as part of an extensive overhaul process Yahoo has been undertaking to please investors. Yahoo has faced criticism from shareholders for some time. Years ago, its management refused a buyout offe...

Privacy continues to be in the headlines. Companies and governments are garnering and analyzing information that they obtain through means some find questionable in unprecedented ways. Recently, I wrote a column about Carrier IQ's business of allegedly tracking cell data. Many readers use Google...

Amazon is planning to launch a retail store in Seattle in the coming months, according to reports published by Bloomberg and Good E-Reader. The endeavor is meant to serve as a pilot project for a possible chain of stores that would sell Amazon Exclusive books, as well as its Kindle Fire tablet, line...

As Facebook prepares for an IPO of its stock that may value the company at US$100 billion, it's important to know what sport it's in and if, like the Chicago Bulls with Jordan, dynasties can last. Michael Jordan was probably the best basketball player to play the game of hoop. He averaged 30 points ...

Look out Netflix, a new video service has swaggered into town. Rumored since December, Verizon's partnership with Coinstar, the parent company of Redbox video rental kiosks, became official on Monday. As with Netflix, customers will be able to choose between physical discs and streaming. The physica...

Google has rejected the request of European regulators that it delay the implementation of its new privacy policies to give authorities time to review the changes and ensure that users' data will remain secure. The European Commission's Article 29 Working Party, an independent body of data privacy r...

It can be a little tricky talking about how and why media outlets allow, and indeed encourage, the diffusion of their content throughout the Web. For starters, people tend to be tightlipped about this strategy. No one from CNN, Fox News, MSNBC or Viacom agreed to speak on the record for this article...

Facebook has finally filed for its IPO. The social networking giant submitted an application to the SEC on Wednesday. It plans to raise up to $5 billion. CEO Mark Zuckerberg, who cofounded the company in February 2004, currently holds a 28.4 percent stake. Details in the SEC document illuminated th...

Facebook filed it's long-awaited S-1 form with the U.S. Securities and Exchange Commission on Wednesday, announcing its intent to raise $5 billion and begin public trading. The highly anticipated move caused enough of a stir to clog traffic on the SEC's website and provided some insight into the soc...

Apple has suffered a setback in its multicountry, extremely complex, and seemingly everlasting patent fight with Samsung. In the latest episode, its request to ban Samsung from selling two devices in Germany -- its Galaxy Tab 10.1N tablet and its Galaxy Nexus smartphone -- was rejected by the Munich...

AOL delivered a little bit of something for everyone with its Q4 earnings report -- good news, bad news, and hope that its many different initiatives are on track to pay off for the company. First the bad news: AOL reported a profit of US$22.8 million, or 23 cents a share, that was down from the $66...

Sony announced on Wednesday that Kazui Hirai is being appointed as its president and CEO, effective April 1. Current Chairman, CEO and President Howard Stringer will become the chairman of the board of directors in June. Sony has had a turbulent year, including several incidents in which it had to ...

Amazon's stock took a pummeling Wednesday after the online retailer released quarterly figures that fell short of Wall Street expectations, which had been built up in part by past years' holiday performances. Amazon's net income was $177 million, or 38 cents per share, a 57 percent percent drop from...

Andreessen Horowitz announced that it has raised US$1.5 billion for a fund aimed at investing in technology startups. The new fund is launching just as one of the firm's well-known bets, Facebook, prepares to go public. Andreessen Horowitz has an unspecified stake in the social network. Indeed, amon...