Business

New York Attorney General Eric T. Schneiderman this week sought an injunction to keep DraftKings and FanDuel from operating in the state, according to press reports. He also subpoenaed Yahoo as part of his effort to end the operation of daily fantasy sports platforms in New York, press reports said....

Google CEO Sundar Pichai on Thursday announced the appointment of Diane Greene, cofounder of VMWare and a current Google board member, to lead its cloud business operations. Google will acquire Bebop, another firm founded by Greene. Bebop is a new development platform that makes it easy to build and...

ThreatMetrix last week reported that it had detected and prevented more than 90 million attempted cyberattacks in real time across industries from July to September. The attempted attacks covered fraudulent online payments, logins and new account registrations, and represented a 20 percent increase ...

Apple shares have been sliding since Credit Suisse last week warned of weaker-than-expected iPhone 6s demand. Credit Suisse lowered its earnings estimates for calendar year 2016 by 6 percent, based on Apple cutting component orders by as much as 10 percent due to the weak demand, according to a repo...

Microsoft on Wednesday said it would offer its Azure, Office 365 and Dynamics CRM cloud services to business clients using two Germany-based data centers hosted by a subsidiary of Deutsche Telekom. The arrangement will protect the integrity and privacy of customer data, the company said. The data ce...

Microsoft on Tuesday announced that it has agreed to purchase data security firm Secure Islands. It will pay between $78 million and $150 million, according to reports, but company spokesperson Joel Sider declined to disclose the terms of the acquisition, which requires regulatory approval. Secure I...

Cisco and Ericsson on Monday announced a partnership to build out a next-generation network for smart things and the carriers and enterprises that want to support such devices. The deal plays to the companies' strengths in cloud, data center, mobility, management and control, networking, routing and...

Selling products online requires answering one basic question: where? Beyond traditional business websites, entrepreneurs have a cornucopia of choices, including Etsy, Amazon, eBay and Facebook. Making use of these alternatives can be a vital part of a business' sales strategy. Choosing where to sel...

Karma Mobility last week unveiled Neverstop, an all-you-can-eat data plan for its mobile hotspot. There are no data caps, and the service, which runs on Sprint's 4G LTE network, is available in more than 450 cities in the United States. For $50 a month, customers get unlimited data minutes at speeds...

Toyota Motor on Friday announced plans to launch a new company, Toyota Research Institute, as part of a five-year $1 billion investment in artificial intelligence and robotics technology for automobiles. The new company will begin operations in January 2016 under the leadership of Toyota's executive...

Four former delivery drivers for Amazon Prime Now, or APN, last week filed a lawsuit against Amazon, arguing they should have been classified as employees rather than independent contractors. The suit also names Scoobeez, the courier service through which they worked for Amazon; ABT Holdings, Scoobe...

The deal isn't done, but Activision Blizzard already was calling itself a "crowned leader" earlier this week, as it anticipated acquiring Candy Crush publisher King Digital Interactive. Both companies' boards of directors are on board with the acquisition, and the two sides have signed a "definitive...

The Motion Picture Association of America ran a victory lap after announcing the shutdown of movie and television torrent sites Popcorn Time and YTS. The shutdowns resulted from major legal wins in Canada and New Zealand. The MPAA last month obtained injunctions against the sites in those countries,...

Nokia will test Artemis Networks' pCell technology, which promises speed boosts in bounds for wireless broadband without requiring new handsets, the companies announced Monday. Nokia plans to work with wireless carriers to test the technology in the U.S. and other countries starting in 2016. It has ...