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Twitter's stock took a hit when investors got an early look at first quarter earnings, leaked just ahead of closing time on Tuesday, ahead of the company's Wednesday announcement. Shares plummeted about 18 percent from Tuesday's opening price of $51.84. The slide continued on Wednesday, with the los...
Now that the Comcast, Time Warner Cable merger deal has failed, what's next? I think it's likely that if Time Warner Cable is still around, the deal might be tried once again in a few years after the industry has transformed itself. Comcast obviously is still interested in expanding with Time Warner...
Apple on Monday reported another quarter of stellar earnings, detailing its drive to 27 percent revenue growth on the backs of its iPhone, Mac and App Store sales. The company generated $58 billion in revenue in the second quarter -- about a $12 billion increase year over year -- and posted a net pr...
Amazon on Tuesday announced Amazon Business, transforming its 3-year-old Amazon Supply B2B marketplace with new features and benefits, and a massively increased product selection. Amazon Business offers customers everything from IT and lab equipment to traffic signs, industrial deep fryers and 55-ga...
Tesla Motors founder and CEO Elon Musk reportedly almost sold his electric car company to Google. Tesla was on the verge of bankruptcy, and Musk had all but signed the documents that would have handed over the company, according to an upcoming book. In March 2013, Tesla Motors was all but running on...
Google on Monday announced it will open an experimental portal to purchase patents from their holders between May 8 and May 22. The move is widely seen as an attempt to shut off patent trolls. Patent holders have to set the price at which they're willing to sell their IP, and they will be told by Ju...
Two cybersecurity bills approved this week by the U.S. House of Representatives pose a threat to citizens' privacy, according to opponents of the measures. Both bills, H.R. 1560 and H.R. 1731, aim to improve sharing of cybersecurity information between businesses and government agencies. "'Informati...
Comcast has decided to abandon its plan to merge with Time Warner Cable, according to multiple press reports. The company is expected to make a formal announcement on Friday. About a week after reports emerged indicating the U.S. Department of Justice was leaning against Comcast's $45.2 billion doll...
Automated telephone calls, also known as "robocalls," used to drive me crazy. Then they stopped, and life was quiet, peaceful and beautiful once again, but just for a few short years. Those disturbing calls have started once again, and now they are worse than ever. Why? And how can we stop them? Rob...
Illumio, a 2-year-old cybersecurity startup, last week announced it had raised $100 million in a Series C round of financing, bringing its total funding over the past 27 months to more than $142 million. New investors Accel Partners and BlackRock Funds joined Investors Formation 8, Andreessen Horowi...
Lawyers help their clients as they negotiate confidential business transactions, hold intellectual property, manage funds and litigate disputes, among many other business activities. In the ordinary course of business, lawyers also maintain numerous confidential documents and data of and about their...
Microsoft and Yahoo on Thursday announced they were altering a search partnership that has been in place since 2009. Under the amended agreement, Yahoo no longer will exclusively serve Bing ads and search results for its desktop traffic. That means Yahoo can sell some of that desktop traffic to anot...
General Electric made some important news last week, when it announced it was leaving the finance industry. It attributed its decision to recent changes that it characterized as less cyclical and more transformational. At the same time, GE is focused on newer ideas like its "Industrial Internet." If...
The European Commission on Wednesday began official antitrust proceedings against Google, alleging abuses of its dominance in Internet search. The EC further opened a probe into Google's Android mobile operating system. In a Statement of Objections sent to Google, the EC notes that its preliminary i...
Several wireless and cable industry groups on Tuesday filed lawsuits challenging the Federal Communications Commission's new open Internet rules. The lawsuits seek to nullify the new rules on the grounds that the FCC exceeded its authority in making them -- most notably by redefining broadband servi...
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