Business

Sony Ericsson has debuted a new handset, the Xperia X1 -- its first to operate on the Windows Mobile operating system. Microsoft announced the collaboration as the Mobile World Congress got under way in Barcelona, Spain. The deal could be a major coup for Sony Ericsson, which holds a 50 percent stak...

Yahoo's board of directors has unanimously voted that Microsoft's unsolicited takeover bid is "not in the best interests" of the Web portal, a widely expected move that could put pressure on Redmond to beef up its $44.6 billion offer. Yahoo's board met over the weekend to consider the $31 per share ...

Amazon's new stock buyback program and its newly stated goals to retire outstanding debt appear to be a good fit for a company that seems to be in an aggressive mode, according to analysts. "It's certainly not going to put a huge dent in their cash coffers," said Michael Souers, a retail analyst wit...

Shares of computer security software maker McAfee surged Friday after it posted higher revenue and, despite a sharp drop in profit compared with the year before, better-than-expected earnings. McAfee's net income fell to $12.2 million, or 7 cents per share, in the quarter that ended in December, dow...

Alcatel-Lucent lost more than $3.7 billion in the fourth quarter and predicted a soft market for its telecommunications gear for much of 2008. The France-based company -- created through a $13 billion merger in 2006 -- also said it would not pay out a dividend to shareholders. However, the company d...

When a company is not publicly held, there is generally no legal reason why it should have a board of directors. Yet, there are plenty of private companies that have boards. In fact, I happen to sit on the board of a private company. So, the question must be asked: When should a private company have...

In January, network security tools startup Packet Analytics launched Net/FSE, or Network Forensic Search Engine. Net/FSE is the first commercial search engine for enterprise network data to focus on security incident response by harnessing the analysis of NetFlow data. It is designed to exploit the ...

Subscription digital music service Napster posted one of its best quarters as a public company, with record revenue and a smaller financial loss. Los Angeles-based Napster lost $2.8 million, or 6 cents per share, in its third fiscal quarter, compared with a year-earlier net loss of $9.5 million. Rev...

Despite its problems, Yahoo is playing it cool when it comes to Microsoft's bid of $31 a share, or $44.6 billion, even though the offer was 62 percent higher than its Jan. 31 closing price of $19.18 a share. Yahoo is "thoughtfully evaluating a wide range of potential strategic alternatives," CEO Jer...

Internet and network gear maker Cisco Systems posted second quarter results that were in line with expectations, but stayed true to recent form among fellow technology firms by disappointing analysts and investors with its outlook. The current business climate is "challenging" in both the U.S. and E...

Adding another twist to its efforts to gain business adoption for its Web-based applications, Google has released a Team Edition of Google Apps. Google Apps Team Edition allows users to sign up using their work e-mail addresses to gain access to a suite of Apps -- Google Docs, Calendar, Google Talk,...

Amid solid earnings that hit analysts' marks, Time Warner announced on Wednesday that it would radically restructure -- and possibly sell off part of -- its AOL Internet service provider division, ending a tumultuous experiment between the old and new media stalwarts. Overall, the Time Warner's reve...

As the number of identity theft victims continues to mount, so has the amount of data and information related to such events -- and the time and resources devoted to better understanding, analyzing and devising measures that can better prevent such occurrences. "The stakes are already quite high whe...

The FCC has approved AT&T's purchase of spectrum from Aloha Partners in a deal worth $2.5 billion. It comes with a rider -- Aloha qualified for 35 percent bidding credits for most of its licenses, while AT&T does not, so Aloha has to reimburse the FCC the amount of the bidding credit plus in...

The FCC has approved AT&T's purchase of spectrum from Aloha Partners in a deal worth $2.5 billion. It comes with a rider -- Aloha qualified for 35 percent bidding credits for most of its licenses, while AT&T does not, so Aloha has to reimburse the FCC the amount of the bidding credit plus in...