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Kodak announced on Thursday that as a result of an ongoing strategic review process and commitment to drive profitability, it will phase out its digital cameras, pocket video cameras and picture frames in the first half of 2012. Kodak will expand its current brand licensing program and seek addition...

The fallout from changes Google plans to make to its privacy policies and terms of service continues, with consumer advocacy group the Electronic Privacy Information Center suing the Federal Trade Commission over the issue. EPIC is seeking injunctive and other relief to force the FTC to enforce a co...

The California State Teachers' Retirement System has a gripe about the makeup of Facebook's board of directors: It is too small and too male. In fact, there are no women on the board. "We believe that investors and the company would benefit from a larger, more diverse board," CalSTRS corporate gover...

Shares of Groupon were down about 14 percent midday Thursday, a day after the company revealed that it failed to turn a profit in its first quarter as a publicly traded company. The daily coupon site saw a revenue increase of 194 percent to $506 million during its first fiscal quarter, but it still ...

Amazon and Viacom have inked a licensing agreement that will bring the number of instant videos available to Amazon Prime customers to more than 15,000. The deal will add episodes from Viacom's Comedy Central, MTV, Nickelodeon and BET outlets. Titles will include "The Hills," "Jersey Shore," "The Ha...

What do Amazon's Kindle, Barnes & Noble's Nook and Apple's iPad have in common? What about authors like Stephen King, Barbara Freethy, C.J. Lyons, Amanda Hocking and Michael Prescott? If you said they represent the changing book publishing industry, you would be right. The book business is going...

Sprint Nextel delivered its Q4 and full year 2011 financial results on Wednesday. The third-largest wireless carrier reported an adjusted OIBDA of $842 million for the fourth quarter and nearly $5.1 billion for the full year 2011. The company's stock price fell after it posted an overall fourth-quar...

Oracle is clearly not prepared to let go of the TomorrowNow case involving corporate theft it suffered at the hands of the service provider, which was acquired by rival SAP in 2005. In a legal filing this week, Oracle rejected the $272 million in court-ordered damages from SAP. A jury found in favor...

Yahoo's chairman and three of its board members will step down at the company's next shareholder meeting as part of an extensive overhaul process Yahoo has been undertaking to please investors. Yahoo has faced criticism from shareholders for some time. Years ago, its management refused a buyout offe...

Privacy continues to be in the headlines. Companies and governments are garnering and analyzing information that they obtain through means some find questionable in unprecedented ways. Recently, I wrote a column about Carrier IQ's business of allegedly tracking cell data. Many readers use Google...

Amazon is planning to launch a retail store in Seattle in the coming months, according to reports published by Bloomberg and Good E-Reader. The endeavor is meant to serve as a pilot project for a possible chain of stores that would sell Amazon Exclusive books, as well as its Kindle Fire tablet, line...

As Facebook prepares for an IPO of its stock that may value the company at US$100 billion, it's important to know what sport it's in and if, like the Chicago Bulls with Jordan, dynasties can last. Michael Jordan was probably the best basketball player to play the game of hoop. He averaged 30 points ...

Look out Netflix, a new video service has swaggered into town. Rumored since December, Verizon's partnership with Coinstar, the parent company of Redbox video rental kiosks, became official on Monday. As with Netflix, customers will be able to choose between physical discs and streaming. The physica...

Facebook is reportedly working on a system to put ads in its mobile services. The news comes just days after the social networking giant filed for an initial public offering, hoping to raise $5 billion. In its IPO filing, Facebook stated that the number of active mobile users of its social network i...

Google has rejected the request of European regulators that it delay the implementation of its new privacy policies to give authorities time to review the changes and ensure that users' data will remain secure. The European Commission's Article 29 Working Party, an independent body of data privacy r...