Business

The price tag on the largest database breach on record moved higher Friday with TJX agreeing to pay nearly $41 million to settle with credit card companies and banks that were forced to issue new cards to customers of the retailer to prevent or recover fraudulent charges. TJX said it would pay $40.9

Wall Street gave Dell the smackdown early Friday, a day after the company issued a third-quarter report that showed solid revenue and earnings but acknowledged clouds on the horizon. The company's shares took a nosedive largely because, despite reporting Q3 revenues that were up 9 percent year-over-...

Motorola CEO Ed Zander will step down from his post at the end of the year, a victim of a long and deep post-Razr market share slump at the top U.S.-based maker of mobile handsets. The Schaumburg, Ill., company -- which last week fell from second to third in terms of worldwide market share behind No...

Google is readying its application to participate in the Federal Communications Commission's January auction of 700 MHz wireless spectrum, the company announced Friday, but it is acting alone, without any partners. The company will file its application on Monday, after which FCC rules prevent it fro...

The Software as a Service concept is rapidly spreading to touch almost every functional area in the IT stack. The latest example is security vendor Webroot's acquisition of Email Systems, a SaaS security provider. Primarily focused on consumer and SMB markets prior to this merger, Webroot's newly ac...

You probably realize that startups experience an inordinate amount of failures. Of course, starting any new business is fraught with risks. However, these risks can be minimized with the proper planning. Based upon my experience in owning and advising businesses, I have come up with seven tips for t...

Adobe and Yahoo jointly launched the beta version of a new advertising service Thursday designed to allow PDF publishers to earn advertising revenue for their content. Dubbed "Ads for Adobe PDF Powered by Yahoo," the opt-in service enables online commercial publishers to include timely contextual ad...

Looking to boost confidence among both investors and customers, online brokerage E*Trade Financial said Wednesday it had received a $2.55 billion investment from a private equity firm. After disclosing it had seen significant erosion of some assets due to the subprime mortgage meltdown and after an ...

As the Web video craze continues to escalate, the market for this content is evolving. Advertisers are trying to cash in on clips by both amateurs and production companies; new Web sites catering to the trend are popping up; and video is gaining in popularity on additional platforms, notably mobile....

The Federal Communications Commission has been arguing amongst itself over whether it has the authority to increase its regulation of the cable industry. At the heart of the fight is a market penetration test called the "70/70" rule and the data that would provide the catalyst for new regulation. Of...

What a difference a single dollar makes -- a very big difference indeed. As a matter of fact, the difference can be almost like a mind-altering shock wave, a global hysteria, a cry of the consumer to be heard around every corner of the globe, in addition to being "breaking news" to feed the glitzy T...

Google will invest heavily in a green power initiative during 2008 and beyond, with the ultimate goal of developing a renewable energy source that creates electricity at a lower cost than coal, a major source of greenhouse gas emissions. Google's initiative, which it has dubbed "Renewable Energy Che...

Verizon Wireless will throw open the doors to its wireless network, the company said Tuesday. Until now, the second largest U.S. wireless carrier was keeping its network locked up tight to third-party developers. Beginning early next year, that will all change when the company intends to publish its...

Aiming to shrink its global carbon footprint, HP announced Tuesday that it has forged partnerships with two renewable energy firms to incorporate solar and wind energy into its operations. Through an agreement with SunPower, HP will install its first-ever, large-scale solar power system at its San D...

The president of South Korea will appoint an independent investigator to explore allegations that electronics and industrial giant Samsung Group had diverted money into a secret fund that was later used to bribe government officials. South Korea President Roh Moo-hyun announced in a televised news c...