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Computer and server maker Dell surprised Wall Street with better-than-expected profits Thursday. The company reported $727 million in earnings in the third quarter, down 5 percent from the $766 million it reported during the same period in 2007. Third-quarter revenue came in at $15.16 billion, a 3 p...
President-elect Barack Obama may not find it that hard to give up his BlackBerry after all. Verizon Wireless has announced that some of its employees accessed his personal cell phone account records. The wireless provider apologized to the president-elect and said it would discipline the employees i...
Now that both the country and the world are in dire economic straits, attention has recently been drawn to the -- in some cases -- outsized amount of CEO compensation, especially in the cases of companies that have benefited from a U.S. government bailout. The current economic morass notwithstanding...
The rest of the economy may be tanking, but online advertising in the U.S. posted big year-over-year gains, according to the New York City-based Interactive Advertising Bureau and PricewaterhouseCoopers. Internet advertising revenue reached nearly $5.9 billion in the third quarter, an 11 percent inc...
Yahoo and T-Mobile jointly announced that Yahoo oneSearch will be the default mobile engine to power Internet search made through T-Mobile's new Web2go service. The new Web2go service is basically a customizable home page on a mobile phone that makes it easier to view and navigate the Internet on th...
Nokia and IBM are teaming up to bring corporate e-mail, calendar, address book and messaging functions to mobile workers. Nokia's move is its latest attempt to compete with Research In Motion, maker of the BlackBerry e-mail device. The Finland-based phonemaker signed a similar deal with Microsoft in...
What's left to do after you've earned your first billion in the technology business? For some, it's legacy building -- finding a way to make a mark of a different sort in the world. Philanthropy calls. The Bill & Melinda Gates Foundation is perhaps the archetype with its multipronged worldwide o...
Nearly 10 months after making an aggressive move to acquire struggling Internet portal Yahoo, Microsoft no longer has any interest in buying the company. At the software giant's annual meeting on Tuesday, Microsoft CEO Steve Ballmer said that Microsoft is "done with all acquisition discussions" with...
In a move that could threaten the livelihoods of security software makers Symantec and McAfee, Microsoft has announced it will offer free antivirus software some time in the second half of 2009. The free software, codenamed "Morro," will replace Microsoft's current security offering, Windows Live On...
Just weeks after being linked to a scandal over tainted milk that killed four infants and sickened thousands in China, Chinese search engine giant Baidu has been hit with more bad news. Shares of Baidu plummeted after China's state-run television network reported that the company had sold links to u...
Yahoo CEO and cofounder Jerry Yang is stepping down as leader of the beleaguered Internet portal after a tumultuous 18-month tenure. Yang will resume his previous role as "chief Yahoo" and maintain his seat on the company's board. He will also participate in the process of finding a new CEO. Yahoo ...
CA has released a suite of enterprise IT management software tools that it's calling the next "killer app" for virtualization. The first phase in the nascent industry -- server consolidation -- is well underway; the next big trend, according to CA, is the comprehensive management of virtual systems....
Court documents in a class action lawsuit over Microsoft's "Windows Vista Capable" logo show intense dissatisfaction by top executives at HP, one of the software giant's largest PC partners. "You have demonstrated a complete lack of commitment to HP as a strategic partner and cost us a lot of money ...
The Bush Administration pushed through new rules last week that seek to end Internet gambling. The new regulations, issued by the Treasury Department and the Federal Reserve system, require banks, credit card companies and wire transfer companies to establish a process to stop payments for settling ...
Today's liquidity crunch is a far-reaching conundrum causing the global credit markets to react in an irrational and volatile way. All granters of credit are under immense pressure, as the market continues to point its gnarled finger at the mortgage industry as the chief culprit for the market's dis...
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