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The massive recall of Sony-made notebook PC batteries may be taking more of a financial toll on the company than initially expected. The company said Tuesday it may need to revise its financial forecasts. Sony is evaluating whether to adjust its previous forecast of US$1.1 billion in profit for the...

Yahoo Small Business, one of the most popular options for merchants to establish their first online presence, started to roll out a major upgrade Monday, revamping the way it gets merchants set up to focus more on immediate sales results. The e-commerce platform, known as Yahoo Merchant Solutions, g...

Two private equity firms, The Carlyle Group and Providence Equity Partners, jointly announced on Monday that they have signed a definitive agreement to acquire Open Solutions in a transaction valued at over US$1.3 billion. Under terms of the agreement, The Carlyle Group and Providence Equity Partner...

Sirius Satellite Radio said Monday it would launch a Web-only version of its subscription satellite service, a significant step for the company as it tries to generate enough revenue to earn back major investments in on-air talent. Sirius will launch Sirius Internet Radio, which it described as a CD...

Already facing tens of millions of dollars in costs associated with replacing recalled laptop batteries for several major PC makers, Sony now faces the prospect that some of these companies will try to recoup additional damages, such as compensation for lost business. Toshiba said Monday it is curre...

Every e-mail, ad and search engine marketing placement entices a click by making a promise. Most of the time that promise is immediately broken and the brand behind it is tarnished. Marketers work very hard at enticing that first response. We treat the click as the objective and consider the battle ...

Newly passed gaming laws have spurred an exodus of UK-based Internet companies from the lucrative United States market, with major sites selling off or shutting down their operations. Sportingbet said it agreed to sell its U.S. operations to Jazette Enterprises, an Antigua-based corporation, for US$...

Backing off earlier suggestions that antitrust concerns in the European Union could delay the launch of its next-generation Windows platform, Microsoft said Friday it would launch Windows Vista in Europe on schedule. Microsoft CEO Steve Ballmer personally told EU Competition Commissioner Neelie Kroe...

Many hedge funds charge extraordinarily high fees to the investor. Not only do they charge a base fee that can be augmented by churning the securities in the fund, but they also can charge a profit-participation fee based upon a healthy percentage of the fund's gains. To add insult to injury, the ac...

It wasn't so long ago that technological or economic reasons -- or both -- stood in the way of many people who aspired to launch a retail business online. That's changed drastically in a short span of time. Professional quality e-commerce hosting services, along with a growing range of easy-to-use ...

Intel is facing a sweeping patent infringement suit from a far-smaller competitor. Transmeta is alleging that the chip giant infringed on 10 of its patents. Transmeta claims Intel knowingly infringed on technology protected by U.S. patents covering things such as computer architecture and power eff...

Despite the Justice Department's blessing of AT&T's US$79 billion buyout of BellSouth -- the largest in a wave of mergers to alter the telecom industry over the past two years -- the deal may yet face a political battle. In the wake of the deal's approval on antitrust grounds Wednesday, the Fede...

Despite the Justice Department's blessing of AT&T's US$79 billion buyout of BellSouth -- the largest in a wave of mergers to alter the telecom industry over the past two years -- the deal may yet face a political battle. In the wake of the deal's approval on antitrust grounds Wednesday, the Fede...

Despite the Justice Department's blessing of AT&T's US$79 billion buyout of BellSouth -- the largest in a wave of mergers to alter the telecom industry over the past two years -- the deal may yet face a political battle. In the wake of the deal's approval on antitrust grounds Wednesday, the Fede...

Michael Yang and Yeogirl Yun are hardly strangers to the realm of comparison shopping sites. The dynamic duo founded mySimon.com, which became the largest price comparison shopping site on the Internet, with over 10 million users in 2000. After raising US$30 million in investment capital, mySimon wa...