Business

Here's a brief trivia quiz for would-be corporate accountants. How much federal income tax did Microsoft (Nasdaq: MSFT), the supreme ruler of the known software universe, and Cisco Systems (Nasdaq: CSCO), second only to General Electric as the most valuable company in the U.S., pay this past year?

Despite turbulence in the computer chip sector on the whole, Advanced Micro Devices, Inc. (NYSE: AMD), the number-two manufacturer behind Intel Corp. (Nasdaq: INTC), reported better-than-expected earnings late Wednesday.

One day after Internet powerhouse Yahoo! rolled out a free Web-based telephone service, rival Lycos (Nasdaq: LCOS) launched its own voice-powered portal that will allow users to tap into a suite of information services.

After less than a year in business as partners, Sotheby's auction house and e-tail giant Amazon.com (Nasdaq: AMZN) announced Tuesday that they are shutting down their co-branded site, Sothebys.amazon.com, and consolidating the listings into Sotheby's primary online auction site, Sothebys.com. The co...

Half of small and midsize businesses that implement and supervise their own network security will fall prey to a successful cybercrime by 2003, according to new research released Tuesday by Gartner Group.

On the Web, somewhere between the categories of financial information and pornography, is another key sector where people pay for access: online dating services. Rather than exchanging books or CDs for cash, these sites trade on the quite powerful desire of singles to connect.

British businesses are holding their own in key areas of adapting Internet technologies, and are ahead of its European competitors in Germany and Sweden in terms of engaging in e-commerce, according to a report released Tuesday by Britain's Department of Trade and Industry.

WebHouse of Cards?

There are people who think that the failure of WebHouse says more about the company itself, and how it spent cash, than the online market for discounts on groceries and gasoline.

BMG Entertainment announced Tuesday that it will begin offering digital downloads of its albums and singles through a network of partner Web sites.

Along with three other members of the public, a German hacker and a vocal American critic of the domain name process have been elected to the board of directors of the Internet Corporation for Assigned Names and Numbers (ICANN), the group that oversees the domain name system and Net addressing funct...

Microsoft (Nasdaq: MSFT) and Sony Music Europe said Wednesday they will partner to form a Web-based music video channel for European music fans.

U.S. shoppers will spend $12.5 billion (US$) online during the last two months of the year, more than double last year's holiday spending, a report released Thursday by the NPD Group predicted.

Yahoo! Inc. (Nasdaq: YHOO) announced Tuesday that it posted better-than-expected results for the third quarter, topping analysts' earnings estimates by a penny per share. Revenue rose 90 percent from a year earlier.

According to a report released Monday by Cheskin Research and Chinadotcom Corporation, e-tailers will need to understand regional differences among the Chinese population in order to gain a foothold in the world's most populous country.

In a bid to help e-tailers avoid some of the snafus that marred last year's holiday shopping season, FedEx announced Monday that it will be revamping its Internet-based package return system to streamline the process for customers and businesses.

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