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When he announced plans to lay off 2,000 employees, Yahoo CEO Scott Thompson said it was a necessary step in the company's strategic plan to move forward. Critics noted, however, that he had not explained exactly what that plan was. Now, via an internal memo made public, Thompson has obliged. Beginn...
News of Best Buy CEO Brian Dunn's resignation has resulted in some raised eyebrows, to say the least. There were no disagreements, Best Buy said -- the company and Dunn came to a mutual agreement that it was time for new leadership. Director G. Mike Mikan will serve as interim CEO while the company ...
In the aftermath of the Watergate scandal in the 1970s, state and federal governments moved to become more open, and the Internet has made the achievement of transparency even easier. Information is now available to the general public on government websites or from federal agencies in response ...
It's still too early for official sales figures, but it seems Nokia, Microsoft and AT&T just might have something of a hit on their hands with the Lumia 900 smartphone. A check at press time of Amazon's bestseller list for cellphones with service plans showed two versions of the Lumia 900 -- cya...
Facebook has snagged the highly popular photo-sharing application Instagram for $1 billion in cash and stock. It is among the biggest acquisitions in the social media space, second only to Google's $1.65 billion stock-for-stock purchase of YouTube in 2006. The deal, both in size and intent, is very ...
In the years since thin client computing arrived on the IT scene, it has been pronounced dead, only to arise again more often than Jason in the "Friday the 13th" film franchise. That's not due to any quality of its underlying architecture. In fact, thin client engineering is often elegant in the ext...
Sony will lay off 10,000 workers, or about 6 percent of its global workforce, as part of an overall corporate restructuring plan, according to a report. The cutbacks are set to take place over the next two fiscal years. It's unclear when the Japanese company will start slashing jobs or which divisio...
Microsoft has agreed to buy more than 800 patents from AOL for over $1 billion. The deal gives AOL a cross-license to the patents it's selling to Microsoft, a source close to Microsoft confirmed. Further, Microsoft will get a non-exclusive license for the remaining 300+ patents and patent applicatio...
Twitter has taken its battle against spammers to the courtroom. It's sued groups it says are responsible for dumping fast numbers of junk tweets into its network. The suit goes after five of what Twitter called the network's "most aggressive tool providers and spammers." Defendants include the maker...
Riding the wave of technology change these days is a bit like surfing. The ocean and waves often change much faster than our ability to stay out in front of the transformation. Now another current is approaching the wireless world as mobile commerce curls to challenge conventional e-commerce. This a...
Google CEO Larry Page issued a public dispatch on the state of the company Thursday, enthusiastically promoting the Android platform and next-generation search techniques. Page took over as CEO of the company about a year ago. His open letter Thursday, a "2012 Update From the CEO," revealed few surp...
If your friendly sock puppet is made of recyclable materials, use it now to write a check! The Internet boom is back, but in an interesting new-millennium twist, it is followed closely by the clean technology sector. Earlier this year, the National Venture Capital Association reported that Internet...
U.S. District Judge Robert Blackburn has upheld a permanent injunction on a Colorado law that would have required out-of-state online retailers to report their in-state customers' purchases to Colorado tax authorities and notify those customers of the resulting sales tax owed to the state. The repor...
Facebook accused Yahoo of violating 10 of its patents Tuesday, a response to a similar suit Yahoo filed just under a month ago. The two Internet competitors are embroiled in a patent duel that started last month, when Yahoo sued Facebook for 10 counts of patent infringement. The litigation came at a...
Rumors that Yahoo was prepping for a huge round of layoffs have turned out to be true. On Wednesday, the company announced it would lay off 2,000 employees under a plan designed to prepare it for the future. Scott Thompson, the company's recently appointed CEO, said Yahoo's larger goal was to focus ...
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