Business

IBM continued its recent run of strong growth, posting a double-digit profit increase on strong sales fueled by service and software. Big Blue's net income rose to $2.26 billion, or $1.55 a share, from $2.02 billion, or $1.30, a year earlier, the Armonk, N.Y.-based company said Thursday. The company...

Google is expanding the size and scope of its newspaper advertising program to include users of its AdWords service. In the immediate term, the expansion will increase the number of marketers using Google's Print Ads service. In the long run, the move could help meld the once-disparate audiences to...

It seems like everybody's talking about e-discovery nowadays -- just take a look at any IT trade journal or IT news source and you're likely to see at least one article about what e-discovery is and how to prepare for it. However, despite all this attention, both in IT and legal circles, there are s...

Yahoo reported financial results for the second quarter of 2007 Tuesday, bringing the company a rise in revenue over the same quarter of last year as well as a significant drop in profit. Overall revenues rose 8 percent for the quarter, up to $1.7 billion, while marketing services revenues rose $1.4

Battle-weary Intel emerged from the price-war trenches Tuesday to report that its profits increased 44 percent and revenues were up 8 percent in the second quarter. With revenues of $8.7 billion and net income of $1.3 billion for the quarter, the chipmaker also reported that operating income increas...

Answers Corp., which owns Answers.com, plans to acquire Dictionary.com for a cool $100 million, the company announced Monday. Technically, Answers will buy Lexico Publishing Group, the owner of Dictionary.com, Thesaurus.com and Reference.com. In June, Lexico's sites attracted 11.5 million unique mon...

Microsoft's search unit scored significant gains in June thanks to its newly launched Live Search Club, according to new data that also showed Google's share of the Web search market slipping below 50 percent. Google is still the dominant search player, according to data from comScore, accounting fo...

Google's Enterprise unit continued its recent barrage of product rollouts and other moves, unveiling Google Custom Search Business Edition, a paid version of its popular ad-supported site search tool. The service allows users to customize the search results page to match their Web sites' look and fe...

As the July 15 deadline for new Internet radio royalty rates to take effect sailed by in relative peace, most Internet radio webcasters remained up and running following initial results of compromise talks late last week between webcasters and SoundExchange. Most recently, SoundExchange, the arm of ...

IBM has landed a $1.4 billion contract to provide outsourced information technology services to pharmaceutical giant AstraZeneca, a deal that boosts IBM's service arm and enhances its reputation in the key life sciences vertical. The seven-year deal calls for Big Blue to run servers, data storage sy...

Shares of Verizon soared in early trading Monday on the heels of a published report suggesting that UK-based Vodafone was mulling whether to offer as much as $160 billion to acquire the U.S. telecommunications giant. Verizon's stock was up nearly 4 percent Monday after reports said Vodafone had held...

Hoping to put its run-in with the options backdating scandal to rest, VeriSign said Thursday its chief financial officer would be replaced and said it would restate results for four full years. VeriSign will take a charge of around $160 million to account for the restatement of results from 2002 to ...

Warner Music Group has settled a federal copyright-infringement lawsuit it filed in May against the social networking Web site Imeem. Warner alleged that Imeem had allowed members to illegally download copyrighted material and was operating its site without any sort of copyright compliance or filter...

Sony BMG has filed a $12 million lawsuit against the Amergence Group, claiming that the company did not perform as expected in developing copyright protection software for music CDs. The suit comes after Sony refunded millions of dollars to consumers who complained about digital rights management so...

An appeals court declined to issue a stay on steep hikes in royalty fees for Internet radio, clearing the way for the new fees and 18 months of retroactive collections -- which some say could kill Web radio -- to come due on Sunday. The U.S. District Court of Appeals for the District of Columbia Cir...