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The head of AT&T has announced that he will step down as chief executive and chairman after 44 years with the telecom giant. Edward Whitacre Jr., who helped maneuver the company's expansion from regional telephone provider to the largest telecom in the nation, said he will retire on June 3. Whit...

Congress has introduced new legislation designed to overturn a controversial royalty fee increase that threatens to wipe out many Internet radio broadcasting firms. If the "Internet Radio Equality Act," introduced this week by Rep. Jay Inslee (D-Wash.) and Rep. Don Manzullo (R-Ill.), is passed, it w...

VMware has filed paperwork with the U.S. Securities and Exchange Commission for its planned initial public offering. The firm will offer 10 percent of its Class A common stock in the IPO, which will give shareholders of EMC, VMware's parent company, a boost and help VMware attract and retain the sof...

After years of speculation and delays, Microsoft's Windows Vista is finally aiding the software giant's bottom line. The first wave of sales from the new operating platform helped to propel the company to one of its strongest third quarters on record. Redmond, Wash.-based Microsoft said it earned $4...

The executive who led electronics giant Sony into the game console business is leaving his post atop the company's computer entertainment business. The retirement of Ken Kutaragi, who is known within Sony as the "Father of the PlayStation," comes as Sony continues to struggle with the PlayStation 3,...

The chairman of a powerful Congressional committee filed a measure Thursday that aims to repeal the ban on Internet gambling passed last year. Rep. Barney Frank, chairman of the House Financial Services Committee, has been a vocal opponent of the ban, which became law last October. "I guess people t...

Every company wants to obtain the greatest possible yield from its marketing dollars. Corporations are constantly trying to determine better ways to direct their advertising dollars in order to more efficiently target potential customers. It now appears that there is a solution that will bring about...

OK, I admit it. I am an avid Boston Red Sox fan. For me and the rest of Red Sox Nation, a three-game sweep of the New York Yankees and four back-to-back home runs is just too good to be true. Baseball is often called the thinking man's game, and I couldn't resist the chance to correlate baseball and...

Cable giant Comcast's profit rose 80 percent in the first quarter, the company stated. One-time gains aided results, and demand for the company's triple play bundle of Web, TV and calling services remained robust. The Philadelphia-based company's revenue for the quarter hit $7.38 billion, a 32 perce...

Just one day after Siemens CEO Klaus Kleinfeld announced he would not renew his contract with the company, the German engineering and technology giant admitted Thursday that it is the focus of an expanding, multinational probe over allegations of bribery and corruption. German prosecutors are invest...

The chairman of a powerful Congressional committee filed a bill Thursday that aims to repeal the ban on Internet gambling passed last year. Rep. Barney Frank, chairman of the House Financial Services Committee, filed the measure Thursday morning. Frank has been a vocal opponent of the ban, which bec...

Looking at the current state of line-of-business applications and how companies use them to track and manage their operations, one can't help but notice how there's a strong resemblance to the days before the networked enterprise, circa 1987. Back then, resources were dispersed in little silos we ca...

Shares of Vonage soared briefly after the beleaguered VoIP firm won a major court victory that will enable it to continue signing up new customers while its appeal of a patent infringement verdict wends its way through the legal system. U.S. Court of Appeals for the Federal Circuit in Washington gra...

How do you suppose a professor of computer science and engineering might use Web 2.0 tools? Assisting students to manage an intramural sports league online is probably not the first thing that would come to mind. That, though, is exactly what Yannis Papakonstantinou, a professor at the University o...

Shares of IBM powered higher Tuesday after the technology giant said it would pay a larger quarterly dividend to shareholders and move to buy back up to $15 billion worth of its own stock. IBM said its board of directors had voted to increase its quarterly cash dividend to 40 cents per share, a 33 p...