Business

The Pre can't come out fast enough for struggling smartphone maker Palm. The company reported dismal financial results Friday for the third quarter of its 2009 fiscal year. Revenue fell to $90.6 million, down 71 percent from $312.1 million during the third quarter of 2008. Losses surged to $95 milli...

The economic wolf is at your door, but acid-spewing aliens are threatening you and your squad-mates on some desolate planet. Or it's the ninth frame and you are one strike down against an opponent whose bowling prowess is considerably better than President Obama's. So those worries about jobs and th...

Sony will be offering 500,000 public domain books that have been indexed by Google on its Sony Reader -- an e-book product that is the primary competitor for Amazon's Kindle, now in its second generation. However, the offering doesn't challenge the sexiest feature of the Kindle -- namely, its abilit...

Networking giant Cisco Systems continues its aggressive push into the consumer sector with the acquisition of Flip Video camera maker Pure Digital Technologies for a whopping $590 million in stock. "The acquisition of Pure Digital is key to Cisco's strategy to expand our momentum in the media-enable...

Computing giant IBM could be close to buying struggling server maker Sun Microsystems for $7 billion, according to a Wall Street Journal report. Though Sun is best known for making high-end servers, the crown jewel of the company's technology portfolio is its software, especially the widespread Inte...

After 146 years of publication, the Seattle Post-Intelligencer print edition is no more. Seattle's oldest newspaper, which is owned by media giant Hearst, will continue as an online-only publication starting Wednesday, but with a much-reduced news staff. "The P-I has a rich 146-year history of servi...

The new top-level domain .tel began the go-live process on March 6. Unlike older domain iterations, .tel is not designed for hosting conventional Web sites. Instead, it uses the domain name system to store and transmit contact information that domain holders customize for content, keywords and priva...

Intel's and Advanced Micro Devices' often-rocky relationship is teetering on the brink of open warfare. In a filing with the Securities and Exchange Commission, Intel has accused AMD of breaching terms the two companies forged in a cross-licensing agreement dating back to 2001. Intel has charged AMD...

Struggling Internet portal America Online has tapped Google executive Tim Armstrong as its new chairman and chief executive officer, the company announced Friday. AOL, a division of Time Warner, also announced the departures of current AOL chairman and CEO Randy Falco and President and COO Ron Grant...

The historians will have to be very kind to this global financial meltdown and should reward it for a most needed rude awakening call, which is forcing a dramatic change of traditional business models. Right now, all over the world, this crisis is teaching CEOs new things -- first, that it's time to...

In Italy, Biesse Systems is a manufacturer of substantial size; its American subsidiary, though, is by any measure a small business, with under 200 employees. Still, Biesse America's communication needs rivaled that of a large enterprise. It needed to communicate with its parent in Italy regularly, ...

"With great power comes great responsibility" is an oft-quoted line from the first "Spider-Man" film. Without torturing the "web" metaphor beyond its breaking point, it also applies to your friendly neighborhood Internet service provider. A maze of legislation, regulations and business practices dat...

Smartphone maker Palm said Monday that it will remarket shares held by private equity firm Elevation Partners in an attempt to raise more capital as it readies itself for the rollout of its much-anticipated touchscreen phone, the Pre. Palm will sell about 18.5 million common shares -- or about half ...

Everyone's talking about Google's next big acquisition, but whether the company will actually make it is far from certain. The services the potential target offers are not quite in line with what Google does -- but then again, Google has never followed a straight linear product development road map....

You can buy furniture, look for a job and seek an apartment on the popular online classified ad Web site Craigslist. But a quick check of the "erotic services" category for Seattle yields another possible transaction, one featuring a "tall, sexy, seductive blue eyed bombshell" calling herself "Emily...