Business

A week before it hosts a number of big Asian companies for an Arab-Asian Investment Conference, private equity company Dubai International Capital showed what's at stake by announcing it is buying a big chunk of Sony stock. The unspecified investment is coming from the $2 billion Global Strategic Eq...

As enterprises rush to assess how they can benefit from service-oriented architecture, many naturally but mistakenly focus on the technological aspects of the solution. As an architecture, it's unfair to paint SOA as a panacea to independent software vendors' most daunting business problems. In orde...

When they sit at the dinner table Thursday, HP investors might want to utter a little "thank you" to HP chairman and CEO Mark Hurd. Under Hurd's guidance, HP has positioned itself for success. It proved the point this week when it revealed its fourth-quarter results. The San Jose, Calif., company be...

Telecommunications giant AT&T may make an offer to buy Dish Network parent company EchoStar, according to a published report that sent EchoStar's stock soaring Monday. AT&T reportedly is in the process of preparing to go public with a formal offer for EchoStar, something that could happen be...

Telecommunications giant AT&T may make an offer to buy Dish Network parent company EchoStar, according to a published report that sent EchoStar's stock soaring Monday. AT&T reportedly is in the process of preparing to go public with a formal offer for EchoStar, something that could happen be...

Telecommunications giant AT&T may make an offer to buy Dish Network parent company EchoStar, according to a published report that sent EchoStar's stock soaring Monday. AT&T reportedly is in the process of preparing to go public with a formal offer for EchoStar, something that could happen be...

A new mobile phone Samsung is making for AT&T will include Napster Mobile, a service that allows owners to search, preview and buy music from Napster's catalog of 5 million songs. The phone, called the "SLM by Samsung," will be available in stores on Nov. 23, said AT&T. The new phone is the ...

A new mobile phone Samsung is making for AT&T will include Napster Mobile, a service that allows owners to search, preview and buy music from Napster's catalog of 5 million songs. The phone, called the "SLM by Samsung," will be available in stores on Nov. 23, said AT&T. The new phone is the ...

A new mobile phone Samsung is making for AT&T will include Napster Mobile, a service that allows owners to search, preview and buy music from Napster's catalog of 5 million songs. The phone, called the "SLM by Samsung," will be available in stores on Nov. 23, said AT&T. The new phone is the ...

Advanced Micro Devices has received a welcome financial boost -- a $622 million infusion of capital from Mubadala Development, a wholly state-owned enterprise of Abu Dhabi. As part of the transaction, Mubadala received 49 million shares at a price of $12.70 per share. After reimbursing Mubadala $14....

The U.S. House of Representatives has passed an extension of the Foreign Intelligence Surveillance Act, stripping out a key provision that provided legal immunity to telecommunications companies that cooperated with secret wiretapping programs. The move sets up a showdown with the White House, as Pr...

Garmin, the No. 1 maker of portable navigation systems, said it will drop out of what had become a bidding war for the right to acquire the last independent producer of the digital maps that power GPS systems. Garmin had offered $3.3 billion to acquire Tele Atlas, only to have its main rival, TomTom...

GPS-enabled device makers Garmin and TomTom have reached an agreement to settle a slew of intellectual property lawsuits between the two companies. The terms of the deal were not disclosed. The agreement settles suits pending in the UK and the Netherlands -- where TomTom is based -- and U.S. cases i...

Sony's pricing gambit has finally helped light a fire under sales of its PlayStation 3 model, with the electronics giant reportedly selling twice as many consoles in the U.S. last week as the prior week. Sony recently launched a 40 gigabyte version of the PS3 priced at $400, more than $100 less than...

In a move designed to bolster its offerings in the mobile market, Qualcomm will acquire mobile banking provider Firethorn Holdings for $210 million. The acquisition is intended to help financial institutions promote consumer adoption of mobile banking services, Qualcomm said, such as the ability to ...