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Cable television provider Cox Communications plans to roll out its own cellular network some time in 2009 in an effort to take market share from telephone companies and wireless operators. The Atlanta-based company has already spent $550 million to acquire wireless spectrum so it can offer cellular ...
Samsung reported a steep drop in Q3 profits with the release of its quarterly earnings report. Profits fell 44.4 percent compared with a year earlier -- a number that, not surprisingly, sent the company's share price tumbling by 14 percent. Although some product lines performed respectably -- mobile...
The vote is set for Nov. 4, and the activism is approaching historic -- some say hysteric -- levels. Phone calls, e-mails and press releases are flying in attempts to sway opinions; there are charges and countercharges of questionable political tactics and quotes taken out of context, along with a l...
Microsoft reported better-than-expected financial results Thursday but also warned that the economic downturn will cut into top-line revenue and profits for its current fiscal year, which ends June 30, 2009. For the first fiscal quarter ended Sept. 30, Microsoft reported $4.37 billion in earnings, u...
The Russian Federal Antimonopoly Service has slammed the door on Google. The search engine giant was trying to buy a local online advertising company, Zao Begun, but FAS officials decided to block the deal. Google first announced its intent to acquire the Russian company, which is owned by Rambler M...
Comcast announced late Wednesday that it will launch faster broadband Internet service speeds over the next few weeks to more than 10 million homes and businesses. The new service will give Comcast subscribers access to speeds of up to 50 megabits per second in parts of New England, Boston, Philadel...
Netflix and Samsung announced a partnership Thursday that will bring the video rental service's streaming movies to the hardware maker's Web-connect Blu-ray disc players. Netflix subscribers can receive Blu-ray and DVD discs by mail with the added option of streaming movies and TV shows instantly fr...
The Internet has opened up information sharing in unprecedented and ever-expanding ways. This new world is great for creativity and communication, but it's also brought intellectual property rights into question. It's vital that online retailers understand intellectual property law so that they don'...
Shares of memory chip maker SanDisk plummeted nearly 31 percent to $9.91 per share after the bell on the news that Samsung has dropped its offer to acquire the troubled semiconductor company. Samsung first made its $26 per share offer six months ago in a letter to SanDisk's board of directors, which...
Just one day after saying it would slash its 15,000-employee workforce by 10 percent, struggling Internet giant Yahoo announced Wednesday that its profit dropped by a whopping 64 percent during the third quarter. It also announced that revenue would be lower than it had expected for the remainder of...
As more and more consumers download smartphone applications, it's become increasingly vital for developers, phone makers and wireless carriers to have a deeper understanding of how customers interact with them. That's where a company like Flurry comes in. The San Francisco-based startup has develope...
Internet phone company Vonage has secured $220.3 million in credit in a deal that Wall Street sees as crucial to the struggling company's survival. Proceeds will go toward paying off $253 million in debt on Vonage's books. The $220 million deal, led by Silver Point Finance, comes at a time of unprec...
As Yahoo shareholders and employees await Tuesday's official release of the company's third-quarter financial report, neither constituency has much to be cheerful about: There are unsubstantiated reports that Yahoo will be cutting some 1,000 employees from its payroll. Its earnings are also expected...
Memory chip maker SanDisk announced Monday it will sell a large chunk of its business to Toshiba for about $1 billion. The deal comes at a time when the market for memory chips faces severe oversupply. This is "a multiyear partnership and reflects a couple of different joint ventures," said Ryan Don...
Self-promotion: Some would say that lawyers excel at it, but when it comes to actual advertising and marketing, a lot of them can be a step or two behind other businesses. "In the 1960s, my dad -- who was a lawyer -- sent a note to a client telling him to call if he had any questions about a certain...
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