Business

ChoicePoint is still doing damage control two years after identity thieves set up fake businesses and bought personal information on 163,000 U.S. residents from the data broker. A settlement reached this week between ChoicePoint and attorneys general from 43 states and the District of Columbia may w...

Dell will cut some 8,800 workers from its payroll over the next year. Dell announced the cuts as it released first quarter results that beat Wall Street forecasts for profit but still showed that the once dominant PC maker is facing an uphill battle against competitors such as HP. Founder and CEO Mi...

The U.S. General Services Administration has announced the winners of is second largest contract to provide next-generation telecom services to federal agencies: AT&T, Level 3 Communications, Qwest Communications, Sprint Nextel and Verizon. The five companies all have the right to compete for Ne...

eBay has bought community-based Web search tool StumbleUpon for $75 million. The auction giant is once again reaching outside its core business for a strategic acquisition -- one that straddles search and social networking. Along with StumbleUpon's technology, eBay said the purchase provides an esta...

Motorola will cut another 4,000 jobs on top of the 3,500 layoffs it previously announced, the company said Wednesday. This move sets up the No. 2 handset maker to slash 10 percent of its workforce as it bids for enhanced profitability. The Schaumburg, Ill.-based company said it remained on track to ...

Google's acquisition of DoubleClick may be under scrutiny for potential antitrust and privacy violations, but that's apparently not stopping the search giant from snatching up another smaller firm -- this time, security software maker GreenBorder. In what's likely an effort to reassure Web users fea...

IBM has cut more than 1,500 additional jobs from its information technology services unit, the company said Wednesday. The move is the latest in a series of changes to revamp the company to better compete in a changing technology landscape. Big Blue laid off 1,573 more people from its services busin...

Corporations appear to be spending more time and money on regulatory compliance now than at any other time in recent history. In fact, the largest U.S. corporations spent an average of $4.6 million implementing Sarbanes-Oxley Act section 404 controls in their first year of implementation, and Forres...

Domain name registrar and Web site hosting firm GoDaddy has reached an agreement to take over tens of thousands of domain names maintained by a rival firm that is about to lose its accreditation to register and host Web addresses. Scottsdale, Ariz.-based GoDaddy reached an agreement with the Interne...

The Federal Trade Commission reportedly is formally investigating Google's proposed takeover of interactive ad firm DoubleClick, with the agency weighing both the potential antitrust and consumer privacy issues of the blockbuster deal. The FTC has acknowledged receiving complaints about the possible...

The state of Connecticut is suing electronics retailer Best Buy, saying the company deceived customers by using in-store kiosks linked to an employee-only Web site to suggest that bargains posted on the company's public-facing site were no longer available. Connecticut Attorney General Richard Blume...

Shifting away, at least temporarily, from its once potent direct-sales model, Dell next month will begin selling desktop personal computers in thousands of Wal-Mart stores across North America. Starting June 10, two new Dell desktop models will be available for less than $700 at Wal-Mart, the discou...

HP and the SEC have reached a settlement on charges that HP misled investors by not disclosing that a board member had resigned over the spying tactics used by the former chairman. HP agreed to an SEC order that contains no penalties and admits no wrongdoing but contains a pledge that the company wi...

Members of the European Union approved a measure Wednesday that would scale back the roaming charges Europeans must pay when using their mobile phones to dial home during their travels across the continent. A final vote has been set for June 29, said EU Secretary of State Joachim Wuermeling, who exp...

NASA has awarded HP a seven-year contract that could be worth as much as $5.6 billion, HP announced Wednesday. Under the IDIQ contract, HP will deliver desktops, workstations and blade PCs with Linux and Unix capabilities, as well as servers and printers, among other offerings. Government purchasers...