Business

Sprint delivered third quarter earnings with a relatively nice surprise -- its losses were less than expected. Any good feeling from its numbers, however, was short-lived as Sprint went on to remind shareholders that it would be seeking capital -- as much as $7 billion -- to fund new handsets and a ...

IBM debuted industry-specific data analytics tools for the healthcare and communication sectors at its Information on Demand conference. These packages are part of IBM's drive to help companies manage their information processes and data storage needs as efficiently as possible. For the communicatio...

What will T-Mobile do if the merger with AT&T does not work out? On the outside, both AT&T and T-Mobile are pushing as hard as they can to get the deal done. However, behind the scenes, T-Mobile is working even harder on the path it will take in the event the deal does not get done. And it m...

Amazon missed expectations with its Q3 earnings report and projected a loss for the current quarter. The double-down on its Kindle Fire is at the heart of the matter. With razor-thin profits projected for the tablet, Amazon is betting it all on content sales. The market is not so sure. Amazon stock ...

IBM named Virginia Rometty as the company's first-ever female CEO Tuesday as Sam Palmisano stepped down from his nearly decade-long tenure. Since Palmisano took over in 2002, the CEO oversaw a transition that included selling its PC business, buying PricewaterhouseCoopers Consulting and making more ...

It might not be as glamorous as some industries, but recycling is booming. The industry supports more than 450,000 jobs for Americans and generates $10.3 billion in revenue for federal, state and local governments -- making it larger than the forestry and fishing industries combined. "It's an incred...

Research In Motion has been hit with a lawsuit alleging trademark infringement of the name "BBX." This latest thorn in the company's side follows a mortifying days-long global service outage and lackluster performance of its PlayBook tablet, to name just two recent setbacks. BBX is the operating sys...

Is $185,000 the right price for a single generic top-level domain? No, it's definitely not. If a gTLD is supposed to provide worldwide exclusive use of a name identity with unlimited sub-name-brand-extension-domains, this amount is insufficient for ICANN to add critical features to the same applicat...

Unexpectedly high customer losses for Q3 sent Netflix stock into a tailspin in after-hours trading Monday, driving share prices down more than 30 percent overnight. The online video and DVD-by-mail provider lost 800,000 customers during the quarter behind it, and it projected a net loss for the quar...

New research concerning ISPs' BitTorrent throttling habits indicates Comcast took the FCC's 2008 slap on the wrist seriously, dramatically reducing its practice of slowing BitTorrent data. Other ISPs such as Clearwire, Canada's Rogers Communications and overseas providers were found to be throttling...

Verizon delivered excellent news to its shareholders on Friday: Third-quarter earnings rose to $1.38 billion from $659 million a year earlier. A jump in subscribers -- it signed on 882,000 new wireless customers for the quarter -- and smartphone sales led to the doubling in profits. Another group lo...

Groupon has packaged a new deal, and it's going worldwide. The Internet coupon star will go public on Nov. with an IPO designed to raise as much as $621 million, valuing the company at $11.4 billion. That's just 5 percent of the company's shares. The numbers look big on the surface, but the total is...

The New York Times Co. reported a profit of $15.7 million this quarter, compared with a $4.3 million loss in the same period last year. The boost came from a number of sources, including a cost-cutting initiative, digital ad revenues -- as opposed total advertising -- and digital subscriptions. Laun...

Microsoft beat sales estimates Thursday when it announced record-setting revenue levels in its fiscal first quarter, thanks in part to strong sales in the cloud-based business operations, which overcame slow growth in the PC and mobile markets. The software giant posted net income of $5.74 billion a...

When consumers in California visit the Dunkin' Donuts website hoping to order a bag of their favorite java, they are met with the following message: "Important Notice: We are temporarily suspending the shipment of orders to California while we work to comply with Proposition 65 ... ." Bloggers, comm...