Business

Consumers will spend $237 billion on online purchases in the United States alone in 2010, Javelin Strategy & Research predicts. That's almost 15 percent more than in 2009. Online retail is also growing globally. MasterCard announced a global agreement with cross-border e-commerce shopping firm B...

After resisting pressure from advocacy groups and attorneys general for more than a year, Craigslist has decided to permanently remove its adult services section from its online classified ads in the United States. Elsewhere around the world, the section will remain live. The site closed the section...

It appears that Google is about to take on social networking stalwart Facebook in stages. The company's Chief Executive Eric Schmidt told reporters at an Arizona conference Tuesday that Google plans to gradually introduce social networking features beginning this fall. Google intends to add layers o...

The revolving door is spinning fast at Nokia, as the company tries to reposition itself to compete with a wave of new smartphone competition. The latest news from the boardroom is that Chairman Jorma Ollila, the executive credited with turning Nokia into the world's largest cellphone maker, will ste...

Microsoft may find itself at odds with the Russian government after creating a new license permitting free use of its software by certain nonprofit organizations and small newspapers in more than 30 countries around the world. Microsoft's move was in response to a Sunday New York Times article detai...

It's no secret that newspaper companies are seeking new sources of revenue as readers -- and the advertising dollars that typically follow them -- migrate to electronic media. The New York Times Co. was among the first newspaper publishers to deliver its content to mobile devices. Now, it's hoping t...

It's no secret that newspaper companies are seeking new sources of revenue as readers -- and the advertising dollars that typically follow them -- migrate to electronic media. The New York Times Co. was among the first newspaper publishers to deliver its content to mobile devices. Now, it's hoping t...

It's no secret that newspaper companies are seeking new sources of revenue as readers -- and the advertising dollars that typically follow them -- migrate to electronic media. The New York Times Co. was among the first newspaper publishers to deliver its content to mobile devices. Now, it's hoping t...

HP has announced it is acquiring security-software maker ArcSight for $1.5 billion. It is the second major acquisition the company has made since the departure of its CEO Mark Hurd last month. It appears HP might have agreed to pay too much for the company, which makes corporate network security mon...

Nokia has announced that President and CEO Olli-Pekka Kallasvuo will leave his position on September 20, handing the keys to Microsoft executive Stephen Elop. Kallasvuo's departure is likely due to Nokia's failure to crack the smartphone market -- the U.S. market in particular -- under his guidanc...

A federal appeals court has ruled that prosecutors may need to get warrants to access cellphone location data. The decision by the 3rd U.S. Circuit Court of Appeals struck down the Justice Department's argument that the Stored Communications Act requires judges to issue orders for access to such dat...

In 2006, the U.S. enacted the Unlawful Internet Gambling Enforcement Act, which outlawed Internet gambling and restricted how financial institutions could pay monies to Internet gambling sites. The UIGEA resulted from four major policy concerns of the federal government. First, the Internet was too ...

Mark Hurd, the former CEO of HP who resigned in disgrace last month, has joined Oracle as co-president. At the same time, Charles Phillips, co-president and a member of Oracle's board of directors, has resigned. Hurd will serve alongside Co-President Safra Catz. Wall Street investors are excited abo...

HP has won the bidding war it waged with Dell for data-storage company 3Par, whose shares were trading at $9.65 when Dell first tried to acquire it in mid-August. Dell decided not to match HP's $2.4 billion ($33 per share) offer, which topped Dell's bid of $32 per share. Dell first tried to acquire ...

Intel has focused solely on the computer business for so long, we forget it can pursue other avenues of growth as well. Tomorrow, all our devices will be connected and talk to each other and share information. In that new world, Intel has been looking around for another business to acquire to help e...