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The breach of Sony's PlayStation Network will cost the company at least US$171 million according to the company's preliminary financial forecast released on Monday -- the latest predictions for its fiscal year ending March 2012. The total figure will likely grow. . . and grow. Sony has racked up exp...

Federal chief information officers appear to be heeding the unofficial Missouri state slogan: "I'm from Missouri -- Show Me." In a challenging time for procurement of IT systems and services, CIOs are trying to adopt improved methods for acquiring and managing information resources. In a recent surv...

Nine months after Barnes & Noble put itself up for auction, Liberty Media made a bid for the retail bookstore chain. John Malone's Liberty Media offered $17 per share for a 70 percent stake in the company, making the potential deal worth over $1 billion. Although the pairing of a media conglomer...

Nine months after Barnes & Noble put itself up for auction, Liberty Media made a bid for the retail bookstore chain. John Malone's Liberty Media offered $17 per share for a 70 percent stake in the company, making the potential deal worth over $1 billion. Although the pairing of a media conglomer...

Mobile-connected devices allow users to browse where desktop computers can't go, thus increasing the amount of online connectivity for many consumers. This could make a major difference in how marketers choose to reach consumers online. A Nielson report released last week details just how customers ...

Verizon Wireless is planning to cancel its unlimited data offering for smartphones this summer, replacing it with tiered packages including a family plan, according to comments made by CFO Fran Shammo at the Reuters Global Technology Summit. It will be a blow to some heavy users accustomed to the fl...

LinkedIn's doubled stock price after its IPO on Thursday has many wondering if this could be the start of another tech bubble. LinkedIn initially offered 7.84 million shares at $45 each. Within minutes, the shares doubled in price and eventually peaked at $122.70 each. The price lingered around $100...

Amazon has reached a momentum milestone: Its customers are purchasing more Kindle books than print books -- hardcover and paperback combined. This day was clearly coming. In July 2010, Kindle book sales surpassed hardcover sales. By December of that year, Kindle books overtook paperback books, beco...

The Android platform tops the list in sales of smartphone operating systems for the first quarter of 2011, according to a report by market researcher Gartner. Total smartphone sales accounted for 23.6 percent of global handset units overall, and various phones sporting Google's Android OS took 36 pe...

With more than 600 million members and counting, Facebook is the world's largest social networking community. Lately, however, a lot of people have concluded that this community is too large for their tastes. That has created an opportunity for a number of startups that are promising users a much mo...

Information technology providers and politicians on both sides of the aisle are applauding the Obama administration for wading into the complex issue of cybersecurity. The administration issued its package of Internet security legislative proposals last week, spurring hopes that the U.S. Congress wo...

LinkedIn made a big splash on its first day as a publicly traded company. It's stock price soared into the stratosphere, far beyond its opening at $45, which turned out to be a good call by LinkedIn executives, who previously considered offering it at $34. The business social network sold 7.84 milli...

If the Internet is the equivalent of our solar system, then Netflix would be Jupiter, its largest planet. That, at least, is the imagery that Sandvine evokes in its latest report, "Global Internet Phenomena Spotlight." Netflix has ascended to the No. 1 Internet traffic spot, the firm found, accounti...

Let's take a peak into the future. Over the next few years, we will see the industry continue to transform itself. Industry leaders may change. We have seen that happen in the smartphone industry already. Are telephone and cable television companies next? Companies like AT&T, Verizon, Comcast,...

Intel is moving big-time into the tablet business while postponing its smartphone entry until 2012. At least 10 new tablet computers running on Intel chips will be introduced at the computer trade show Computex late this month in Taiwan. Intel will produce a new chip set, Oak Trail, based on its Ato...