Business

As the defective laptop battery problem reaches pandemic proportions -- with Toshiba, Fujitsu, Lenovo and IBM among the latest manufacturers to recall their products for fear they might start a fire -- Dell has expanded the recall it initiated on Aug. 15, adding more products to the list. Sony, for ...

The U.S. dollar is still the world's dominant currency. But, there are rumblings that could foretell a great weakening of the dollar and a loss of its hegemony. For example, the European Union is currently gathering both members and economic power. Its combined gross domestic product now exceeds tha...

In the latest sign that marketplace demand for branded mobile services is not as strong as once believed, ESPN said it would shut down the Mobile ESPN service and turn its attention to licensing its content to existing carriers. Mobile ESPN launched early this year as a mobile virtual network operat...

The boardroom investigation scandal at Hewlett-Packard claimed another high-profile resignation Thursday, with General Counsel Ann O. Baskins quitting, a move announced just hours before CEO Mark Hurd and other executives were due to testify before Congress. HP announced Baskins' resignation in a fi...

AOL's privacy policy and how it is interpreted by the courts and federal government will be in the spotlight as two separate actions against the company move forward. In the latest reaction to AOL's erroneous posting of some of its members' search term data this past August, two unnamed California ...

Facing potentially negative implications for its Zune music service and player, Microsoft has filed a federal lawsuit against a group of hackers who allegedly infiltrated its digital rights management technology. The software giant claims the defendants gained access to its proprietary source code.

Shares of Red Hat plunged 23 percent Wednesday after the maker of Linux software said its second quarter profit fell on stock options costs. The company also cut its cash-flow forecast for the rest of the year. Red Hat said profits in the second quarter were down more than 32 percent, largely due t...

Two employees of Hewlett-Packard and a contractor hired to help investigate boardroom media leaks have been subpoenaed to testify before Congress. Senior counsel Kevin Hunsaker and Global Security Manager Anthony Gentilucci both received subpoenas to testify before House Energy and Commerce Committe...

Hoping to turn its reach across various digital platforms into a competitive advantage in its battle with Google, Microsoft said Monday it would launch a cross-platform advertising solution to give marketers access to advertising slots on Xbox video games, Web-enabled mobile phones and personal digi...

Viacom's MTV Networks on Friday announced plans to acquire music gaming company Harmonix Music Systems in a US$175 million cash deal. Under the terms of the deal, Harmonix shareholders may be eligible for incremental earn-out payments through 2008, to the extent that financial results exceed specifi...

Hewlett-Packard CEO Mark Hurd scheduled a press conference for late Friday afternoon, seeking to answer questions about his involvement in the boardroom-level investigation into press leaks that is now the subject of a criminal probe. HP announced that Hurd would speak to reporters after the U.S. st...

The business of providing small businesses with e-commerce hosting and support solutions is growing fast. The large-enterprise market is crowded, and competition is fierce. That has led an increasing number of e-commerce platform providers to enter the SMB end, where they are looking to establish fo...

A new effort to reduce the amount of child pornography available on the Internet is being launched with federal officials and private groups poised to shut down Web sites, including those that aren't necessarily the subject of criminal charges or investigations. Several major Internet service provid...

In what could be a major shift in the social networking landscape, Yahoo has reportedly held talks to purchase Facebook, which trails rival MySpace.com in terms of total users, but has found traction among the college-age demographic with a more restrictive membership approach. A report in the Wall ...

Oracle released its 2007 first quarter fiscal results late Tuesday showing soaring corporate profits that reflect considerable market share gains in the business management software field, according to the company. President and CFO Safra Catz said Oracle was in excellent fiscal shape and has excee...