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One of Yahoo's major investors, hedge fund Third Point, is calling upon shareholders to elect four of its nominees to the company's board. This is just the latest round in what could become a very nasty fight. "There are a couple of things happening," said Charles King, principal analyst at Pund-IT....

Oracle released its fiscal third-quarter earnings Tuesday, coming out ahead of Wall Street expectations in regard to profits and new license sales. The database software maker saw revenue rise 2.2 percent from a year ago, going from $8.81 billion to $9.04 billion. It posted adjusted earnings at 62 ...

In a sweeping reorganization of its operations, HP is merging its Imaging and Printing Group with its Personal Systems Group, the unit that makes the company's computers. The news delivered a jolt to the industry when it leaked on Tuesday. Although HP's star has dimmed somewhat since its high-flying...

Facebook has apparently taken its massive user base and immense popularity to heart. The company reportedly is dictating to Wall Street underwriters what it will pay in fees for its $5 billion initial public offering. Typically, these fees would range from 3 percent to 7 percent of the offering. How...

Amazon has moved to acquire Kiva Systems, a maker of robotic equipment that services warehouses. The purchase will be Amazon's biggest since it bought Zappos.com in 2009. Amazon agreed to pay $775 million for Kiva, which creates equipment, handling technology and software that helps large-scale vend...

Normally, the resolution of a video game's story line -- even one as popular as "Mass Effect 3" -- would not be news outside the gaming sector. In this case, however, some fans are so disgruntled that they've lodged a complaint with the Federal Trade Commission alleging that Electronic Arts and BioW...

Today we would say that the first implementation of PageRank was a form of crowdsourcing. The crowd was early webmasters, and they helped determine the relevancy of Web pages by linking to them. It didn't take long for "search engine specialists" to figure out how to game the system for fun and pr...

Sanford C. Bernstein has downgraded Sprint Nextel to underperform from market perform, citing concerns it won't sell enough iPhones to pay for its "punishing" commitment to Apple. Worse, from Sprint's perspective, is that there's a strong chance Sprint may have to declare bankruptcy at some point, B...

Despite 17 percent growth in monthly unique users at the top news sites in 2011, revenue remained an issue, according to a new report from the Pew Research Center's Project for Excellence in Journalism, which cites data from Nielsen Online. Online advertising grew by 23 percent in 2011, but just fiv...

Sprint has canceled the 15-year agreement it inked with LightSquared last July to build out and license a 4G network. LightSquared was to have used this network, together with its own infrastructure, to launch its service. The agreement would have been beneficial to Sprint as well, as it had hoped t...

Following a stellar 2011 holiday season, and with U.S. retail sales having exceeded expectations in February, etailers have many reasons for optimism in 2012 and beyond. By any measure, e-commerce will continue to grow -- Goldman Sachs most recently predicted that global retail Web sales will reach ...

PayPal has introduced PayPal Here, a mobile payment product that is meant to continue its push into retailing's brick-and-mortar world, no matter the size of the retailer. The global mobile payment system will allow small businesses to accept almost any form of payment, PayPal said. Businesses can a...

Cisco Systems has revealed plans to acquire NDS Group, paying $5 billion for the video software company as part of an effort to increase investment in its software and video services. NDS software ensures that paid digital content gets to appropriate set-top boxes, smart TVs and consumer gadgets, an...

The Court of Appeal for Ontario recently considered whether there was a cause of action for the invasion of personal privacy in Jones v.Tsige. The case involved two bank employees, Sandra Jones and Winne Tsige, who worked at two different branches of the same bank. The respondent, Tsige, was in a r...

Google is rumored to be at work on new technologies and methodologies that could significantly alter the way consumers search on the Internet, as well as how brands can expect to see their ads displayed. More emphasis will be placed on semantic search, a process that takes into account the meaning o...