Business

Shares of Motorola tumbled as the company reported a first-quarter loss on Thursday, based largely on lean mobile phone sales and an eroding market share of the competitive sector. Motorola shares have lost more than half their value in the last year. On Thursday, they were trading at $9.23, down 3....

Amazon has posted Q1 earnings of $143 million, or 34 cents a share, and revenue of $4.13 billion, handily beating analyst predictions of 32 cents a share on revenue of $4.08 billion. These figures reflect the e-commerce giant's continuing sharp upward trajectory, with earnings rising 37 percent comp...

Well, Blockbuster has finally done it. After years of simply copying the Netflix business practices, it's definitely done something that Netflix is probably never going to do -- offer to buy Circuit City. I find Blockbuster's actions to be confusing and inconsistent. In their last quarterly call, Bl...

Subscribers to Microsoft's defunct MSN Music service will lose access to songs they purchased from the store in a few months. Microsoft informed MSN Music's customers via e-mail Tuesday that it plans to turn off the store's license servers, and that Aug. 31 will be the last day to move purchased mus...

Comcast has lied about how and why it blocks peer-to-peer Internet traffic, and may be lying in its promise to stop some of its practices by year end, Federal Communications Commission Chairman Kevin Martin said during a hearing held by a Senate committee on the future of the Internet. The FCC shoul...

Yahoo posted a healthy rise in profits for Q1, an increase fueled in large part by a $401 million gain in the initial public offering of China's Alibaba.com. Net income rose to $542.2 million -- or 37 cents per diluted share -- from 2007 Q1's $142.4 million, or 10 cents per diluted share. The compan...

The New Jersey Supreme Court has ruled that people have an expectation to privacy online and that the authorities can't just demand citizens' IP addresses from their Internet service providers without a grand jury warrant. The ruling was handed down in the case of a woman who was charged with hackin...

AT&T's wireless business unit was the main driver behind the telecom's eye-popping 22 percent increase in net income this past quarter. In line with analysts' expectations, AT&T registered $3.5 billion, or 57 cents a share, in Q1 earnings. Nonrecurring charges for the quarter included costs ...

AT&T's wireless business unit was the main driver behind the telecom's eye-popping 22 percent increase in net income this past quarter. In line with analysts' expectations, AT&T registered $3.5 billion, or 57 cents a share, in Q1 earnings. Nonrecurring charges for the quarter included costs ...

AT&T's wireless business unit was the main driver behind the telecom's eye-popping 22 percent increase in net income this past quarter. In line with analysts' expectations, AT&T registered $3.5 billion, or 57 cents a share, in Q1 earnings. Nonrecurring charges for the quarter included costs ...

Big business likely will be spending $4.6 billion a year on Web. 2.0 technologies by 2013, according to a new study by Forrester Research. Spending on Web-based enterprise technologies, including social networking, RSS, blogs, wikis, mashups, podcasting and widgets, will grow by 43 percent each year...

Creating videos in-house means corporations have to either hire contractors who have their own equipment or sink thousands or millions of dollars into hiring trained staff and leasing or buying equipment. Then they have to spend days, if not weeks, editing the videos. Not any more: Veodia offers a l...

Sunnyvale, Calif.-based network security company Blue Coat Systems has reached an agreement to purchase Cupertino, Calif.-based bandwidth management company Packeteer for approximately $268 million, or $7.10 per share -- a 15 percent premium on Packeteer's closing price Friday of $6.18. The acquisit...

Voice over Internet protocol service provider Skype announced new and expanded calling plans Monday. The new offerings will enable subscribers to make calls to more than one-third of the world's population for a single monthly flat rate, the company said. The three new subscription plans come with n...

Since 2005, millions of citizens have been affected by reported and unreported data breaches at payment processors, banks and retailers -- but the nation was still stunned when news broke out about the TJX data breach. This has indeed been a larger problem than most recognize, with some 88 million c...