Business

Wireless may prove to be the magic bullet for many tech and telecom firms in this recession. Verizon's newly released earnings report is yet another indication of movement in that direction. The company reported higher revenue on Monday, based largely on growth in its wireless division, as well as i...

The reported acquisition of Sun Microsystems by Oracle makes a ton more sense than IBM's earlier failed bid. This new compact, if it succeeds, will bring as good an end to an independent Sun as the pioneering IT vendor could have hoped for at this sorry stage in its history. However, there are much ...

The music and entertainment industry didn't even have a week to fully savor its victory against the four proprietors of The Pirate Bay before they filed an appeal. Though the move was expected, the grounds for the appeal may have caught the plaintiffs by surprise. The Pirate Bay contends that the ju...

Profits dropped at eBay last quarter, but the online marketplace still delivered a solid earnings report for Q2 that beat analysts' expectations. eBay's results provide a welcome boost to the tech sector, whose performance has been all over the map this earnings cycle. They also validate the directi...

Yahoo announced Wednesday that first-quarter earnings fell by nearly 80 percent and that it will cut 675 jobs as CEO Carol Bartz struggles to revive the ailing Internet company. The news was not generally jeered by investors, however. Between opening time Tuesday, when they stood at $13.94, and mid-...

By some measures, AT&T's Q1 earnings report was lackluster, at best. The company reported a nearly 10 percent profit decline for the quarter ending March 31, compared with the same period a year ago. However, the drop was not as steep as analysts had expected. Furthermore, certain segments of AT...

By some measures, AT&T's Q1 earnings report was lackluster, at best. The company reported a nearly 10 percent profit decline for the quarter ending March 31, compared with the same period a year ago. However, the drop was not as steep as analysts had expected. Furthermore, certain segments of AT...

By some measures, AT&T's Q1 earnings report was lackluster, at best. The company reported a nearly 10 percent profit decline for the quarter ending March 31, compared with the same period a year ago. However, the drop was not as steep as analysts had expected. Furthermore, certain segments of AT...

If it goes through without a hitch, Oracle's purchase of Sun Microsystems, announced Monday, could fill significant gaps in the database vendor's offerings. In addition to getting technologies in hot areas such as virtualization and cloud computing, Oracle will get access to patents that could prove...

The global economy is changing. For many consumers, the credit card crunch is crumbling their ability to buy things online. In many countries outside the U.S., consumers do not have credit cards but rely instead on smart cards to swipe transactions directly through their banks. Often, children too y...

Oracle's announcement Monday that it is buying Sun Microsystems for $7.4 billion in cash has the potential to rock the hardware and software markets. Oracle expects the deal will boost its earnings considerably over the next few years. The two companies' technologies will likely mesh to make Oracle ...

You may keep your computer and your TV in separate rooms in your house, but the living arrangements between the two devices are going to get a little cozier, thanks to Adobe. The multimedia software company used the National Association of Broadcasters' annual meeting in Las Vegas Monday as a stage ...

It's telling when a company in this market registers growth yet still comes under scrutiny because the growth wasn't as high as previous years. Then again, this is Google we're talking about -- the uber-corporation of the Web with seemingly limitless potential and promise. It still has both, of cour...

The music industry cheered as a Swedish court on Friday found the four proprietors of The Pirate Bay guilty of copyright law violation. The Pirate Bay is a torrent tracker site in Sweden that helps users find and download files used to swap movies, music, TV shows, games, books and software via BitT...

eBay is making a play for one of the most wired nations in Asia with a $1.2 billion acquisition offer for South Korea's Gmarket, the country's largest online market. Under the terms of the proposal, eBay will make a cash tender offer of $24 per share for all outstanding Gmarket common shares and Ame...