Business

All of the anxiety-producing statements that drove tech and telecom stocks up and down last week have me feeling like Chicken Little -- and I'm a mere mutual fund investor. On Tuesday, AT&T Chairman and CEO Randall Stephenson scared the bejesus out of investors when he said "We're really experie...

Outsourcing phenom Infosys Technologies posted mixed third quarter results, causing its stock valuations to drop by some 5.6 percent midday Friday. It also reignited speculation that the Indian-based conglomerate's fortunes may be too closely linked to the U.S. economy. For the quarter, Infosys post...

While apparel, department and specialty stores bemoan a 2007 less-than-stellar holiday sales season, consumer electronics retailer Best Buy announced Friday that its total revenue for the fiscal month ending Jan. 5 rose 11 percent to $7.3 billion, meeting the company's expectations. That increase wa...

On Wednesday, the Supreme Court will hear an argument in the Quanta v. LG Electronics case. The issues involve some interesting patent doctrines and their interplay with technologies of today. The case involves LG licensing some chipset patents to Intel with some express contractual provisions -- in...

Amazon.com will start selling songs from the massive library of Sony BMG in a format free of restrictions on copying and playback -- a major victory for the e-tailer's fledging music store and another sign that digital rights management controls on premium digital music may soon be a thing of the pa...

Have you been unsuccessful in raising capital for your company? Certainly, depending on the profitability of and prospects for a company, raising capital can be a difficult challenge. However, some industries find it easier to raise capital than others. Much of it depends on which industries are in ...

On Nov. 15, the Securities and Exchange Commission took a first step to drawing a road map towards use of globally accepted accounting standards by voting unanimously to allow foreign companies to file financial results using international financial reporting standards without reconciling the figure...

New York Attorney General Andrew Cuomo is investigating Intel for possible illegal business practices meant to keep rival AMD at bay -- the latest development in an ongoing antitrust entanglement for the leading chipmaker. Cuomo's office has issued a "wide-ranging" subpoena to California-based Intel...

The bizarre and controversial case of a Missouri teenager who killed herself after being bullied through MySpace, allegedly by the parent of a peer, has reportedly shifted to California, where the social networking site is based. A federal grand jury in Los Angeles has issued a subpoena to MySpace, ...

Financial services organizations that are unable to update and enforce internal policies and controls in line with regulatory change are exposing themselves to the risk of censure, investigation, loss of professional reputation and severe legal repercussions. To understand why, it's first essential ...

The Federal Communications Commission will investigate claims made late last year that Comcast blocked customers from using file-sharing services, specifically BitTorrent. FCC Chairman Kevin Martin made the announcement at the Consumer Electronics Show currently underway in Las Vegas. The move came ...

When the Federal Communications Commission's much-anticipated auction of 700MHz wireless spectrum begins later this month, at least one planned participant will be conspicuously absent: startup Frontline Wireless, which apparently shut its doors this week. "Frontline is closed for business at this t...

More than a decade after they first rushed to search for exit-strategy gold in the e-commerce niche, venture investors are still finding plenty of early and mid-stage companies to back in the space. Often, however, the deals are more modest in size than they were when the dot-com bubble was building...

Microsoft is moving to buy Norway-based enterprise search specialist Fast Search and Transfer for $1.2 billion, a purchase that would instantly grow the software giant's business search footprint. Redmond is offered Fast shareholders about $3.50 per share, a 42 percent premium to the company's tradi...

Bidding to reshape its image, Xerox is launching a major rebranding effort meant to encourage business customers to think of it as an innovation company, not just a leading maker of copiers. The new image is meant to reflect the needs of today's business and to be "a bit less formal, a lot more live...