Business

In many cases, the entrepreneur who had the courage to start a new business was on the right track by choosing a startup that could be both viable and profitable. Yet, the company failed. Why is that? Because of lack of working capital: the main cause of startup failures. This kind of failure can be...

Motorola reported third-quarter net profits of $60 million, a dismal number compared to the $968 million in profit it enjoyed a year ago but better than the net losses it suffered in the past three quarters. The fact that the Schaumburg, Ill., electronics maker turned a profit in Q3, albeit a slim o...

Microsoft will pay $240 million for a small ownership stake in Facebook and the right to deliver ads to its members around the world, a move that values the four-year-old social networking firm at $15 billion. The agreement, billed as a strategic alliance by the two companies, calls for Microsoft to...

IT industry titans including Microsoft and Symantec announced Tuesday at the RSA Conference Europe the formation of the Software Assurance Forum for Excellence in Code, or SAFECode, a non-profit organization solely dedicated to fostering greater trust in information technology products and services ...

Amazon's stock was down about 12 percent Wednesday despite posting earnings that were better than expected and predicting a record holiday quarter, as a lower-than-expected profit outlook weighed on investors. The e-commerce giant managed to post a four-fold increase in net earnings for its third qu...

Business users of mobile services create more revenue for the industry than personal users, according to a New York market research firm. Based on a survey of more than 1,200 wireless subscribers, the average revenue per user for mobile business users is 24 percent higher than personal users, accord...

MySpace is breaking into the casual gaming world, and it's tapped casual games company Oberon Media to get the job done. In early 2008, MySpace will launch MySpace Games, which will let users choose from hundreds of games for free online play. "Bringing entertainment in the form of fun, social, casu...

AT&T grew its business strongly in the past three months, delivering its tenth quarter in a row of double-digit earnings-per-share growth. The San Antonio-based telecommunications giant, the nation's biggest, reported quarterly revenues of $30.1 billion, almost double from a year ago, and net in...

AT&T grew its business strongly in the past three months, delivering its tenth quarter in a row of double-digit earnings-per-share growth. The San Antonio-based telecommunications giant, the nation's biggest, reported quarterly revenues of $30.1 billion, almost double from a year ago, and net in...

AT&T grew its business strongly in the past three months, delivering its tenth quarter in a row of double-digit earnings-per-share growth. The San Antonio-based telecommunications giant, the nation's biggest, reported quarterly revenues of $30.1 billion, almost double from a year ago, and net in...

There's a wealth of opportunities available for aspiring and small to medium-sized business e-tailers looking for shopping cart technology. While this makes it easier than ever to find this important piece of the e-tailing puzzle, it also means startup and SMB e-tailers face greater challenges when ...

Joining the line of telecom companies suing Vonage, AT&T on Wednesday filed a lawsuit against the VoIP provider in the U.S. District Court in Madison, Wis., according to a filing with the Securities and Exchange Commission and the company's statements. The suit centers around a patent filed in 1...

Joining the line of telecom companies suing Vonage, AT&T on Wednesday filed a lawsuit against the VoIP provider in the U.S. District Court in Madison, Wis., according to a filing with the Securities and Exchange Commission and the company's statements. The suit centers around a patent filed in 1...

Joining the line of telecom companies suing Vonage, AT&T on Wednesday filed a lawsuit against the VoIP provider in the U.S. District Court in Madison, Wis., according to a filing with the Securities and Exchange Commission and the company's statements. The suit centers around a patent filed in 1...

Dell on Monday added office superstore Staples as another partner to its growing roster of retail outlets as it changes its strategy in a bid to grab back lost market share. Staples will sell selected Dell desktop and notebook PCs as well as printers and accessories in 1,400 of its stores nationwide...