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Got Insurance? If your business has a presence on the Internet, you had better have it. Traditional liability insurance will not be adequate, however. Loss of income and data plus lawsuits filed against your business are the expected consequences of hacker and virus attacks. These are potentially mo...

China has agreed to phase out a tax that drove up the prices of U.S.-made semiconductors sold in that fast-growing country, settling a complaint from the World Trade Organization (WTO) and handing U.S. chip makers a key victory. The WTO filed a complaint against China on March 18th after the United ...

Whether they have just graduated from college or business school, or already have spent years climbing the corporate ladder, ambitious individuals with their eye on the corner office can take several steps to improve their chances of success. Businesses are looking for executives who excel in managi...

The United Nations has launched a push to curtail the vast majority of spam e-mail within two years. The push by the International Telecommunications Union (ITU), the telecom arm of the UN, began this week with a meeting of scores of regulatory agencies from around the world in Geneva, Switzerland.

Cisco Systems today announced a definitive agreement to acquire privately held Parc Technologies of London, United Kingdom. Parc develops traffic-engineering technologies and software for routing optimization. Parc is a spin-off that originally began as a research center focusing on search algorithm...

Thirty-six percent of the software installed on computers worldwide was pirated in 2003, representing a loss of nearly US$29 billion. These are the key findings of a global software piracy study released today by the Business Software Alliance, an international association for software manufacturers...

Hoping to stay competitive and avoid more drastic measures in the future, Microsoft plans to reduce costs by US$1 billion this fiscal year by trimming employee benefits and cutting other expenses. The savings will come from a more coordinated marketing effort among the company's various divisions an...

Many companies understand that, to be successful, they must be aware of political environments and regulations, cultural and labor considerations, national and international economic pressures, and technological developments, but perhaps one factor affecting companies most intensely in the new mille...

Veritas Software lowered its second-quarter revenue and profit guidance, becoming the latest tech company to say the quarter did not measure up to expectations. Saying enterprise sales were down, particularly in the U.S., the storage software maker lowered its revenue targets to US$475 million to $4...

Employers added 112,000 workers to their payrolls in the U.S. during the month of June, a figure that fell far short of expectations and left the national unemployment rate unchanged as more people joined the ranks of those actively seeking work. In its monthly report released early Friday, the Bure...

Investor worry that the oil supply to the United States could be disrupted heading into the long holiday weekend reverberated on Wall Street Thursday, when stocks went sharply lower. Oil prices were up more than 3 percent Thursday after gaining 4 percent on Wednesday when the U.S. announced a surpri...

Microsoft's long-rumored push deeper into the search-engine business officially kicked off Thursday when the company unveiled an upgraded search "portal" it says will return better results. The company also did away with paid inclusion and suggested that sweeping technology improvements to the overa...

Stock markets reacted favorably after the Federal Open Market Committee boosted interest rates by a quarter point and issued a statement that seemed to indicate gradual future increases were in the offing. The Fed did what most were expecting when it raised its target rate to 1.25 percent, the first...

Hoping a narrow focus on product development and customer service will help it turn itself around, Nortel Networks sold most of its major manufacturing plants to Flextronics, which will make Nortel's hardware on an outsourcing basis. Nortel said the sale, which involves plants in Canada and Brazil, ...

Companies jostling for top billing in the crowded Internet search space are spending more and more money on pay-per-click sites. In addition to investing in search engine advertising, many companies are delving into search engine optimization to build the volume of traffic to their sites. By 2005, a...