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Salesforce, the last known suitor for Twitter, last week officially bowed out of the running for an acquisition deal, a move that forces the embattled company either to look for a new savior or find some internal answers to its lingering inability to find a winning growth strategy. Salesforce walked...

Verizon last week indicated that its $4.8 billion acquisition of Yahoo could be in jeopardy in light of its delay in disclosing a massive 2014 data breach that compromised about 500 million account holders. Verizon may need some additional assurances about the effects of the breach, suggested Genera...

Nearly 25 years ago, Michael Hammer and James Champy coauthored one of the most influential business books of the period, Reengineering the Corporation: A Manifesto for Business Revolution, anticipating some of the important changes that lay ahead. The corporate world was trying to cope with the gro...

Shares of Samsung Electronics fell sharply on Tuesday after the company confirmed reports that it had halted production of its flagship Galaxy Note7 smartphone, just launched this summer. The move came after several replacement phones reportedly smoldered or caught fire. Shares fell 8 percent in the...

Longstanding concerns about hiring and diversity issues in Silicon Valley recently returned to the fore. The Labor Department recently filed suit against big data firm Palantir, alleging that it had engaged in a pattern of denying jobs to Asian applicants. Race is a greater impediment than gender wh...

Samsung has stopped production of its problematic Galaxy Note7 smartphones, according to multiple press reports Monday. The company had been offering replacements of the phone after issuing a recall due to defective batteries, but all four major carriers have stopped doing so, presumably because sev...

Newsweek is the latest media institution to get caught up in a series of cyberattacks that have targeted major government, political and media organizations, raising suspicions of links to Russia. The news magazine sustained a massive DDoS attack the day after it published a cover story about Republ...

There is a generational shift occurring in the TV industry. Traditional cable TV, which dominated the last several decades, is going away. Companies like Comcast, Charter and Cox are facing something new: new technological innovation and competition. Which companies will survive, and which will not?...

In a bid to help bolster trust in its customer ratings, Amazon on Monday announced that it no longer would allow most incentivized reviews -- that is, reviews written in exchange for receiving products free or at a discount. Such reviews comprise only a small percentage of the tens of millions of re...

McLaren Technology Group, which manufactures Formula One and luxury supercars, last week denied rumors that it was engaging in discussions with Apple regarding a possible purchase or strategic investment. Apple has been pursing a highly secretive project to develop its own venture in the electric an...

Like most of you, I'm a bank customer -- and I expect that like me, most of you are getting sick and tired of all the stories about how banks abuse customers. Recent national stories about bad behavior in the banking industry, as well as my own personal experiences, have shown that banks often do no...

Twitter shares remained strong Monday after Friday's sharp rise on reports that it was considering a possible sale, with Google parent Alphabet and Salesforce emerging as two of the most likely buyers. Twitter for more than a year has faced enormous pressure, both internally and from investors, to c...

The music industry is showing its best surge in revenue in nearly two decades, led by a major shift toward streaming subscription services by Apple, Spotify and others firms, according to a new mid-year report the RIAA released this week. The report shows an 8.1 percent gain in retail revenue to $3....

Yahoo on Thursday disclosed that a data breach in late 2014 resulted in the theft of information from at least 500 million customer accounts. Based on a recent investigation, it appears that state-sponsored hackers carried out the attack, the company said. Account information compromised includes na...