Business

Research In Motion released quarterly revenue estimates that were below expectations, lowered its earnings forecast, and announced it would be cutting jobs on Thursday, leading to a stock nosedive. The BlackBerry producer's shares tumbled to below US$28 on Friday -- the lowest level in nearly five y...

Internet radio provider Pandora has taken a harsh beating in its first few days on Wall Street. After a short-lived initial pop that boosted its share value from its debut of $16 to a peak of over $24 on Wednesday, shares sunk sunk throughout the day Thursday and into mid-day Friday, where they hove...

In Atlas Shrugged, innovators are penalized for their creativity, and their rewards are indiscriminately distributed to the worthy and unworthy, leading inevitably to the breakdown of the entire economic system. The new patent bills being considered by Congress likewise interrupt the economic reward...

On Thursday, IBM rang the opening bell of the New York Stock Exchange in celebration of 100 years since its founding. The company evolved from a pre-World War I alliance of firms manufacturing tabulating machines and clocks into a global computer giant that helped to usher in the modern age. IBM boa...

Wireless carrier T-Mobile has entered the group buying market with its own daily deal offering. Called "More for Me," the nationwide service aggregates deals from such originators as Living Social and Groupon. The service is available to anyone who owns an Android handset -- not just T-Mobile subscr...

Pandora launched its initial public offering Tuesday evening, opening at $16 per share. On Wednesday morning, the Internet radio's stock price opened at $20, then rose to $26, placing the company's value at $4.2 billion. Later on Wednesday, the price fell to $18.30. Despite Pandora's lack of profita...

A new partnership between Comcast and Skype will let Comcast subscribers place video calls through their television sets. The new service will require some setup -- customers will need to install Comcast-provided equipment including an adapter box, video camera, and special remote with a QWERTY keyb...

When a good name identity is super-glazed with a good trademark protection plan, there is no reason why it would be hurt by ICANN's gTLD. Executives at companies with great names like "Google," "Sony," "Panasonic," "Rolex," "Microsoft" or "CNN" are not losing sleep over gTLD, but those at some oth...

U.S. Immigration and Customs Enforcement recently announced that the list of science, technology, engineering, and math degrees qualifying for extended visas has been expanded to include drug design, mathematics and computer sciences, and other disciplines. This means foreign students can remain in ...

Google announced Monday it's moved to buy online advertising company Admeld, another purchase in what appears to be the search engine giant's move toward the display ad market. Neither company disclosed the cost of the purchase, but reports suggest Google paid about $400 million to acquire Admeld. W...

Pandora, an Internet music service, is scheduled to begin trading shares in an initial public offering on Wednesday on the New York Stock Exchange under the symbol "P." Last week, the company ramped up its plans, increasing its IPO price range by at least a third and boosting the number of shares to...

Both Houses of the Texas legislature have passed a bill that legislatively repeals a controversial regulation that has caused a great deal of concern to e-commerce vendors and to Web hosting companies. A state can only require a company to collect its sales tax if the company has a substantial physi...

I'm still surprised by the range of companies and nonprofit organizations moving to the cloud, and pleased to hear about the business benefits they are gaining from their decisions. An illustration of this growing movement is a series of webcast interviews I recently conducted of CXOs from a variety...

The U.S. Supreme Court has upheld a lower court ruling that found Microsoft unlawfully infringed on i4i's document-editing patents by incorporating its technology in some of its Word products. The $290 million penalty is small change for Microsoft, but the verdict could have more troubling implicati...

Oracle's March announcement that it will discontinue developing software for Intel's Itanium platform has reportedly compelled HP to send the software company a letter demanding Oracle reverse its decision, threatening legal consequences if it doesn't comply. HP officials believe Oracle's decision v...