Business

The European Commission fined dominant CPU maker Intel $1.4 billion on Wednesday after finding the company violated anticompetition laws. Intel CEO Paul Otellini blasted the decision, saying EU regulators had ignored crucial evidence that will, on appeal, prove the company innocent of charges that i...

One would think that the cost of doing business on the Web is so small that it would be almost negligible, but that's not the case with many e-tailers, which is why many of them fail. It's also why Prashant Nedungadi decided to launch IMshopping, an online company that's trying to emulate offline cu...

The Obama Administration is making good on a campaign promise to step up antitrust enforcement. The Justice Department's top antitrust enforcement official, Christine Varney, said in a speech Monday morning that the DoJ would be setting aside a policy interpretation developed in the previous Bush Ad...

The European Commission could be nearing a decision to impose a significant fine against Intel. The timing coincides with a Department of Justice announcement promising more vigorous antitrust enforcement in the United States. Taken together, the possibility of a record fine against the market-leadi...

Google, which has never been one to show much regard for Microsoft, could well be feeling sympathetic toward Redmond now that it finds itself under the antitrust gun. Microsoft has been beleaguered by antitrust investigations in the U.S. and Europe for decades. To be sure, Microsoft brought much o...

The report came out right before the economy nose-dived, before ad revenues started to shrink, before even online display advertising started feeling the recession's pinch. A February 2007 report from the Audit Bureau of Circulations -- the keepers of media buying/selling trends and standards for pu...

Following the arrest of the accused Boston-area 'Craigslist killer' Philip Markoff, Craigslist has come under fire for its "casual encounters" section on the site, which allegedly contains de facto advertisements for prostitution. Craigslist, like other Web 2.0 sites, has attracted the attention of ...

Google and Apple are both wildly successful Web 2.0 companies that can be considered market makers in their respective fields. Another similarity that is less obvious -- but apparently very compelling to the Federal Trade Commission -- is their taste in corporate leadership. Google CEO Eric Schmidt ...

Video streaming site Hulu has struck a deal with Disney to make the media conglomerate's programming, including shows from its ABC television network, available online through its channel. In addition to taking a nearly 30 percent stake in Hulu, Disney will put full episodes of its ABC TV subsidiary...

On the heels of two senior executives who recently left Google, a third -- David Rosenblatt, head of the display advertising business -- is saying goodbye. His final day is scheduled for mid-May. While their timing is most likely coincidental, the departures suggest a worrisome trend for Google. Ros...

Motorola's earnings for Q1 show a continued decline in revenue -- this time, by 28 percent. Its net loss was $231 million on revenue of $5.37 billion. In the same period last year, Motorola's earnings tanked by $194 million on revenue of $7.4 billion. The decline was due in part to plummeting hands...

The Department of Justice is reportedly looking into the settlement agreement that Google negotiated with representatives of book publishers and authors to put their works online. The Association of American Publishers and the Authors Guild filed a lawsuit against Google some three years ago in an e...

Sun Microsystems has reported a $201 million loss for Q3 2009, a significant increase over the loss of $34 million that it registered in the same quarter a year ago. At $2.6 billion, third-quarter revenue fell short of Wall Street's forecast of $2.86 million and was a steep drop from the $3.3 billio...

Perhaps not content with successful sales of its own electronic reading device, Amazon on Monday added another chapter to its e-book strategy with the purchase of Portland, Ore.-based Lexcycle, the makers of Stanza, a reading application downloadable onto iPhones and iPod touches. In announcing the ...

Earlier this month, the journal Science published a report about a robot that could formulate hypotheses, perform experiments to test those hypotheses, and thereby contribute to scientific knowledge. This technological advance raises legal concerns: Based on current law, if a robot conceived the i...