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Business

The USPS Announces New Prices as of Monday

The USPS Announces New Prices as of Monday


The United States Postal Service has made changes to its pricing for shipping and mailing services,...
» read full story May 11th, 2008 - 21:55
News Corp. Cancels $580M Bid for Newsday

News Corp. Cancels $580M Bid for Newsday


News Corp decided that it doesn't make sense to meet or exceed a competing bid for Tribune Co.'s...
» read full story May 11th, 2008 - 21:09
News Corp, Murdoch Drop Bid for Newsday

News Corp, Murdoch Drop Bid for Newsday


When Rupert Murdoch said he isn’t investing in newspapers anymore he really meant it.The media...
» read full story May 10th, 2008 - 21:02
Facebook Gets A New Face

Facebook Gets A New Face


Just one day away from MySpace’s announcement about its profiles’ export, social network Facebook...
» read full story May 10th, 2008 - 14:33
Microsoft Appeals EU Commission’s $1.4B Antitrust Fine

Microsoft Appeals EU Commission’s $1.4B Antitrust Fine


Microsoft Corp, the American multinational computer technology corporation, appealed the record...
» read full story May 10th, 2008 - 13:00
Google’s Web Security Is Out On The Market

Google’s Web Security Is Out On The Market


Google announced yesterday the launch of its Web Security for Enterprises, which is expected to...
» read full story May 09th, 2008 - 14:54
MySpace Invades The Internet

MySpace Invades The Internet


In its continuous attempt to please its users and attract new ones, MySpace has decided to launch...
» read full story May 09th, 2008 - 12:46
Warner Music Doesn't Sound Like It Used To

Warner Music Doesn't Sound Like It Used To


The world’s third largest record company, Warner Music Group Corp, announced a significant...
» read full story May 08th, 2008 - 16:31
Best Buy Probably Made The Best Buy

Best Buy Probably Made The Best Buy


The United States' biggest electronics retailer, Best Buy Co. Inc., announced today its decision...
» read full story May 08th, 2008 - 15:35
Toyota Announced A Rough Start For 2008

Toyota Announced A Rough Start For 2008


Toyota’s officials announced today a surprising result of their financial assessments, as their...
» read full story May 08th, 2008 - 14:42
Cablevision to Purchase Sundance Channel for $496 M

Cablevision to Purchase Sundance Channel for $496 M


Cablevision Systems Corp announced on Wednesday its plans to purchase Sundance Channel for a total...
» read full story May 07th, 2008 - 20:50
Microsoft Is Out On The Market Again

Microsoft Is Out On The Market Again


Microsoft Chairman Bill Gates announced that future decisions concerning the company’s direction...
» read full story May 07th, 2008 - 16:06
Sprint Nextel and Clearwire Are One Step Closer

Sprint Nextel and Clearwire Are One Step Closer


A highly anticipated merger is about to be completed, as Sprint Nextel Corp. and Clearwire Corp....
» read full story May 07th, 2008 - 15:26
GTA IV Smashes the Forecasts

GTA IV Smashes the Forecasts


One week after the official release of GTA IV, Rockstar has broken the silence and announced the...
» read full story May 07th, 2008 - 14:47
Wake Up: Yahoo's CEO Jerry Yang Is No Fool

Wake Up: Yahoo's CEO Jerry Yang Is No Fool


While Yahoo's shares are plunging back and are expected to return to values recorded before...
» read full story May 06th, 2008 - 18:24
TV Shows Coming to Zunes Everywhere

TV Shows Coming to Zunes Everywhere


Microsoft introduced on Monday new software features to the Zune online store, expanding its...
» read full story May 06th, 2008 - 12:12
Xobni Launches Cool Outlook Organizer

Xobni Launches Cool Outlook Organizer


San Francisco-based email startup Xobni (inbox spelled backwards) has launched its public beta...
» read full story May 05th, 2008 - 22:33
Yahoo Shares Plunge Back after Microsoft Walked Away

Yahoo Shares Plunge Back after Microsoft Walked Away


Yahoo's shares are plunging back and are expected to return to values recorded before Microsoft...
» read full story May 05th, 2008 - 16:26
Yahoo's Deterrents Pay Off, Microsoft Walks Away

Yahoo's Deterrents Pay Off, Microsoft Walks Away


Microsoft today announced that it has officially withdrawn its proposal to acquire Yahoo. Ballmer...
» read full story May 04th, 2008 - 20:56
Microsoft and Yahoo Are Not Talking Business Anymore

Microsoft and Yahoo Are Not Talking Business Anymore


Microsoft today announced that it has withdrawn its proposal to acquire Yahoo. “We continue...
» read full story May 04th, 2008 - 12:26
Blu-Ray Still Struggling?

Blu-Ray Still Struggling?


It seems that eliminating the competition was not enough to boost Blu-ray disc players sales....
» read full story May 04th, 2008 - 11:49
President Bush Optimistic About Economic Recovery

President Bush Optimistic About Economic Recovery


President Bush in his weekly radio address today that apparently sought to address harsh criticism...
» read full story May 03rd, 2008 - 23:12
Boeing Slams Rumors of New 787 Delays

Boeing Slams Rumors of New 787 Delays


German newspaper Die Welt reported today that Boeing is to delay the delivery of its 787 Dreamliner...
» read full story May 03rd, 2008 - 21:45
Open Screen: Adobe Lifts Restrictions on Mobile Flash Use

Open Screen: Adobe Lifts Restrictions on Mobile Flash Use


Adobe has taken an aggressive step to ensure its Flash and AIR technologies are not left behind...
» read full story May 02nd, 2008 - 15:27
Nortel’s First Quarter Financial Loss, Not As Bad As Predicted

Nortel’s First Quarter Financial Loss, Not As Bad As Predicted


Nortel Networks Corp.’s first quarter loss wasn’t as bad as analysts expected, the company’s...
» read full story May 02nd, 2008 - 15:14
Apple’s iTunes Challenges The DVD Industry

Apple’s iTunes Challenges The DVD Industry


In a move that could have broader implications, Apple has announced that it would sell movies...
» read full story May 02nd, 2008 - 14:34
Ballmer Says Decision on Yahoo Coming Up Soon

Ballmer Says Decision on Yahoo Coming Up Soon


Microsoft's board convened Wednesday but failed to reach a decision on the company's bid for Yahoo....
» read full story May 02nd, 2008 - 14:19

AOL, Yahoo & RealNetworks Could Pay $100 M in Music Royalties


A New York federal court agreed on a formula according to which Time Warner Inc's AOL unit,...
» read full story May 01st, 2008 - 11:13
Time Warner to Let Go of Cable Business

Time Warner to Let Go of Cable Business


The world's second largest media and entertainment conglomerate, Time Warner Inc., has announced...
» read full story April 30th, 2008 - 20:37

Windows XP SP3 Delayed Indefinitely


In an embarrassing turn of events, Microsoft has pulled off the distribution of the long-awaited...
» read full story April 30th, 2008 - 13:00
The New iMacs Are Here

The New iMacs Are Here


The long awaited iMac upgrades are finally here. Apple announced on Monday the first update of its...
» read full story April 29th, 2008 - 10:46
Dell, Lenovo And HP To Offer Windows XP After June 30

Dell, Lenovo And HP To Offer Windows XP After June 30


On June 30, Microsoft will officially stop selling its Windows XP operating system. However, the...
» read full story April 28th, 2008 - 19:45
Microsoft's Deadline to Yahoo Expired Silently

Microsoft's Deadline to Yahoo Expired Silently


Microsoft's deadline to Yahoo for accepting its offer has expired silently without comments from...
» read full story April 27th, 2008 - 15:58
PETA Offers $1M for Perfect Fake Meat

PETA Offers $1M for Perfect Fake Meat


PETA, People for the Ethical Treatment of Animals, has announced that it offers a $1 million prize...
» read full story April 24th, 2008 - 12:43
Apple’s Profits Boosted by Mac Sales

Apple’s Profits Boosted by Mac Sales


The Cupertino-based company, Apple, announced today financial results for its fiscal 2008 second...
» read full story April 24th, 2008 - 01:18
Microsoft Unveils Live Mesh Web Synchronization System

Microsoft Unveils Live Mesh Web Synchronization System


Microsoft unveiled its Live Mesh synchronization system which allows files and folders to be shared...
» read full story April 23rd, 2008 - 15:14
Sony BMG Joins Nokia’s “Comes With Music” Service

Sony BMG Joins Nokia’s “Comes With Music” Service


Nokia, the world's largest manufacturer of mobile telephones, and Sony BMG, the world’s second...
» read full story April 22nd, 2008 - 17:44
Samsung’s Chairman Resigns over Tax-Evasion Scandal

Samsung’s Chairman Resigns over Tax-Evasion Scandal


South Korean billionaire Lee Kun-hee announced his decision to step down as chairman of Samsung,...
» read full story April 22nd, 2008 - 16:41
McDonald's Posts Profit Above Estimates, US Sales Slow

McDonald's Posts Profit Above Estimates, US Sales Slow


The world's largest chain of fast food restaurants, McDonald's, has posted first-quarter profit...
» read full story April 22nd, 2008 - 15:59
AT&T Records Strong Profit Growth on Wireless Sales

AT&T Records Strong Profit Growth on Wireless Sales


AT&T Inc, the largest provider of both local and long distance telephone services, wireless...
» read full story April 22nd, 2008 - 15:57
Bloomberg Is Not Interested in The New York Times

Bloomberg Is Not Interested in The New York Times


New York City mayor Michael Rubens Bloomberg, who is also the founder of financial news and data...
» read full story April 21st, 2008 - 22:43
FCC’s Dispute On Broadband Access

FCC’s Dispute On Broadband Access


On Thursday, the U.S. Federal Communications Commission had its widely anticipated hearing on...
» read full story April 19th, 2008 - 22:12
IBM Acquires Diligent Technologies

IBM Acquires Diligent Technologies


The Big Blue has bought Diligent Technologies, a privately held storage "de-duplication"...
» read full story April 19th, 2008 - 14:35
Electronic Arts Extends $2 Billion Take-Two Offer

Electronic Arts Extends $2 Billion Take-Two Offer


Electronic Arts, the computer and video games developer, has extended its unsolicited $2 billion...
» read full story April 18th, 2008 - 22:13
Retail Giant Wal-Mart Ditches BPA-Containing Baby Bottles

Retail Giant Wal-Mart Ditches BPA-Containing Baby Bottles


Retail giant Wal-Mart announced Wednesday that it was immediately halting sales of baby bottles,...
» read full story April 18th, 2008 - 21:30
Workers at GM Key Plant Go on Strike

Workers at GM Key Plant Go on Strike


General Motors Corp risks the spreading of a strike initiated by a United Auto Workers (UAW) local...
» read full story April 17th, 2008 - 20:42
US Initial Jobless Rate Climbs

US Initial Jobless Rate Climbs


First-time claims of unemployment benefits climbed last week, the U.S. Labor Department reported...
» read full story April 17th, 2008 - 19:16
PC Sales Strong despite Economic Decline

PC Sales Strong despite Economic Decline


PC sales in the United States are strong despite the overall economic plunge, according to...
» read full story April 17th, 2008 - 17:47
Samsung's Mega-Wealthy Boss Indicted in South Korea

Samsung's Mega-Wealthy Boss Indicted in South Korea


Lee Kun-hee, the Chairman of the Samsung Group, which is the world's second largest conglomerate...
» read full story April 17th, 2008 - 15:31
Comcast Takes Another Damage Control Step

Comcast Takes Another Damage Control Step


Comcast has taken another step to contain damage after coming under heavy fire for its interference...
» read full story April 17th, 2008 - 14:34
Intel Reports Strong Earnings, Announces Bold Outlook

Intel Reports Strong Earnings, Announces Bold Outlook


Leading chipmaker Intel has announced revenue of $9.7 billion in the first quarter, up 9 percent...
» read full story April 16th, 2008 - 12:13
Delta – Northwest Airlines Merger is Complete

Delta – Northwest Airlines Merger is Complete


The highly expected and much anticipated $17.7 billion merger between Delta Airlines Inc. and...
» read full story April 15th, 2008 - 14:27
Blockbuster Shares Dip Further on Attempted Circuit City Deal

Blockbuster Shares Dip Further on Attempted Circuit City Deal


Blockbuster Inc. made an unsolicited proposal to acquire Circuit City Stores Inc, the second...
» read full story April 14th, 2008 - 21:32
Philips’ TV Business Struggling With 72% Profit Drop

Philips’ TV Business Struggling With 72% Profit Drop


Philips Electronics’ TV business is currently struggling with significant profit losses, as the...
» read full story April 14th, 2008 - 13:43
Wachovia to Raise Capital after Surprise 1Q Loss

Wachovia to Raise Capital after Surprise 1Q Loss


Wachovia Corp, the fourth largest banking chain in the United States based on total assets,...
» read full story April 14th, 2008 - 13:34
Blockbuster Goes Public with $1 Billion Bid For Circuit City

Blockbuster Goes Public with $1 Billion Bid For Circuit City


Blockbuster Inc. made an unsolicited proposal to acquire Circuit City Stores Inc, the second...
» read full story April 14th, 2008 - 11:47
Phil Hester, AMD’s CTO, Resigns

Phil Hester, AMD’s CTO, Resigns


Advanced Micro Devices announced that senior VP and chief technology officer Phil Hester has...
» read full story April 12th, 2008 - 10:39
FCC Fines Wal-Mart, K-Mart, Target, Best Buy over DTV Rules

FCC Fines Wal-Mart, K-Mart, Target, Best Buy over DTV Rules


The Federal Communications Commission (FCC) has underlined the fact that the transition to digital...
» read full story April 11th, 2008 - 21:46
MySpace, All Over The Place

MySpace, All Over The Place


The hype generated on the recent finalized partnership between MySpace and ShineReveille...
» read full story April 11th, 2008 - 16:42
FAA’s Safety Inspections Keeps Hundreds Of Planes Grounded

FAA’s Safety Inspections Keeps Hundreds Of Planes Grounded


Aircraft maintenance is critical for safe flights, and federal regulators continue to ground,...
» read full story April 11th, 2008 - 15:35
TomTom Gives No Remedy To EU Regulators

TomTom Gives No Remedy To EU Regulators


TomTom NV is confident European antitrust regulators will approve the Tele Atlas NV takeover. The...
» read full story April 11th, 2008 - 13:26
Ustream.tv Receives  $11.1 Million

Ustream.tv Receives $11.1 Million


Ustream.tv said it has secured $11.1 million in Series A funding from leading venture capital firm...
» read full story April 10th, 2008 - 17:43
CBS News to Part with Katie Couric?

CBS News to Part with Katie Couric?


Katie Couric may end her anchor job at CBS Evening News a couple of years earlier than the 2011...
» read full story April 10th, 2008 - 15:35
Crude Oil Reaches $112.21 a Barrel

Crude Oil Reaches $112.21 a Barrel


Oil prices surged to a new record level of $112.21 a barrel and the gasoline prices also climbed to...
» read full story April 09th, 2008 - 21:47
Boeing Delays 787 Dreamliner Deliveries Again

Boeing Delays 787 Dreamliner Deliveries Again


Boeing announced a third delay in the plans to build the 787 Dreamliner on Wednesday.No big...
» read full story April 09th, 2008 - 21:18
Google Offers Its Engine for Developers: Google App

Google Offers Its Engine for Developers: Google App


Google announced on Monday the release of Google App Engine, which allows outside developers to...
» read full story April 09th, 2008 - 16:27
Alitalia’s Union Delays Takeover Deal

Alitalia’s Union Delays Takeover Deal


Alitalia - Linee Aeree Italiane nears financial collapse while struggling to get union leaders to...
» read full story April 06th, 2008 - 19:23
Microsoft’s Ultimatum To Yahoo: Three Weeks

Microsoft’s Ultimatum To Yahoo: Three Weeks


Microsoft notified Yahoo’s board of directors that a decision regarding the merger of the two must...
» read full story April 06th, 2008 - 15:04
Another Low-Cost Carrier Out Of Business:Skybus Closed Down

Another Low-Cost Carrier Out Of Business:Skybus Closed Down


Only one year in service for Skybus Airlines and the U.S. carrier stopped activity as of April 5,...
» read full story April 06th, 2008 - 11:31
US Employers Slash Most Jobs in Five Years: 80,000

US Employers Slash Most Jobs in Five Years: 80,000


The United States Labor Department has announced today figures for the job market. Employers have...
» read full story April 04th, 2008 - 17:33
Windows XP Home Survives another Two Years

Windows XP Home Survives another Two Years


Windows XP Home will be available for ultra-low-cost PCs, especially laptops marketed in developing...
» read full story April 04th, 2008 - 15:26
iTunes is the New Leader in Music Retail

iTunes is the New Leader in Music Retail


Apple's iTunes music store has managed to overcome retail giant Wal-Mart to grab the first place in...
» read full story April 04th, 2008 - 15:10
Palm Hits The One Million Centros Milestone

Palm Hits The One Million Centros Milestone


In just only five months, Palm managed to sell one million Centros, the company announced in a...
» read full story April 01st, 2008 - 12:55
Apple: The Most Loved Brand In The World

Apple: The Most Loved Brand In The World


According to a new survey published by Brandchannel.com, Apple is the most loved brand in the...
» read full story March 31st, 2008 - 20:51
Soybean Crops to Replace Corn Acreage

Soybean Crops to Replace Corn Acreage


The U.S. Department of Agriculture declared that U.S. farmers are expected to plant 74.8 million...
» read full story March 31st, 2008 - 17:38

Vytorin Sales Drop for Schering and Merck, Due to Ineffectiveness


Shares of Merck and Schering-Plough dropped greatly on Monday, after a research revealed that the...
» read full story March 31st, 2008 - 17:11
Pernod Ricard Acquires Absolut Vodka

Pernod Ricard Acquires Absolut Vodka


The French company Pernod Ricard announced it has acquired 100% of the shares of the Vin &...
» read full story March 31st, 2008 - 13:53
Microsoft's OOXML May Get ISO Certification

Microsoft's OOXML May Get ISO Certification


Microsoft's Open XML standard may gather enough votes to pass as a certified an ISO standard, CNET...
» read full story March 30th, 2008 - 21:38
Warner Music May Propose A Tax For Online Music

Warner Music May Propose A Tax For Online Music


It appears that Warner Music Group is thinking of a way to have Internet providers add a $5...
» read full story March 30th, 2008 - 20:40
Verizon and Loopt Team Up

Verizon and Loopt Team Up


Verizon Wireless and Loopt have signed an agreement to make Loopt available on select Verizon...
» read full story March 28th, 2008 - 21:33
Comcast Turns The Page on Traffic Management

Comcast Turns The Page on Traffic Management


Accused of interfering with the traffic towards certain Internet file-sharing services, Comcast...
» read full story March 28th, 2008 - 13:34
Motorola To Create Two Independent Companies

Motorola To Create Two Independent Companies


Motorola revelead today its plans to solve its financial crysis by creating two independent,...
» read full story March 26th, 2008 - 21:54
US Consumer Confidence Falls Sharply

US Consumer Confidence Falls Sharply


The Conference Board confidence index fell to 64.5 this month, reaching a 5-year low. It is...
» read full story March 25th, 2008 - 17:38
Sirius-XM Merger Cleared by US Regulators

Sirius-XM Merger Cleared by US Regulators


New York-based Sirius Satellite, subscription-based satellite radio firm, has received the go-ahead...
» read full story March 25th, 2008 - 14:44
Ford Became The Majority Owner Of The Former Automobile Craiova

Ford Became The Majority Owner Of The Former Automobile Craiova


During a ceremony at the former Automobile Craiova vehicle manufacturing complex in Romania, Ford...
» read full story March 24th, 2008 - 16:23
$1,500 Puppy Stolen from Naperville Pet Store

$1,500 Puppy Stolen from Naperville Pet Store


A thief stole a puppy from a Naperville pet store on Friday, hiding the dog under his shirt, while...
» read full story March 24th, 2008 - 14:16
Microsoft Acquires Komoku

Microsoft Acquires Komoku


It seems like Microsoft is making new steps to improve its portfolio of security solutions. The...
» read full story March 24th, 2008 - 12:16
China Mobile Posts 31.9% Profit

China Mobile Posts 31.9% Profit


China Mobile Communications Corporation, the world's largest mobile phone operator with over 376.38...
» read full story March 23rd, 2008 - 17:53
Nissan Debuts The 2009 Maxima At NY Auto Show

Nissan Debuts The 2009 Maxima At NY Auto Show


The 2009 Nissan Maxima, which makes its world debut at the 2008 New York International Auto Show,...
» read full story March 23rd, 2008 - 16:08
The Winners of Airwaves Auction Revealed

The Winners of Airwaves Auction Revealed


The Federal Communications Commission made public the results of the 700-megahertz spectrum...
» read full story March 22nd, 2008 - 12:53
Abbott Laboratories Sued in 18 States for Blocking Competition

Abbott Laboratories Sued in 18 States for Blocking Competition


Iowa recently joined 17 other states that sued Abbott Laboratories for blocking generic...
» read full story March 19th, 2008 - 13:34
Supreme Court to Examine Fleeting Expletive Case

Supreme Court to Examine Fleeting Expletive Case


The US Supreme Court has said it will hear in September arguments in the case of the so-called...
» read full story March 18th, 2008 - 20:23
Fierce Debate over New Boss for Japan's Central Bank

Fierce Debate over New Boss for Japan's Central Bank


Japan, the world's second largest economy by nominal GDP, is threatened to be thrown into financial...
» read full story March 18th, 2008 - 18:33
Google CEO Worried Over Microsoft’s Yahoo Acquisition

Google CEO Worried Over Microsoft’s Yahoo Acquisition


Google CEO, Eric Schmidt, said he is concerned that Microsoft’s Yahoo acquisition could affect the...
» read full story March 17th, 2008 - 22:37
Red Hat Acquires Amentra

Red Hat Acquires Amentra


Red Hat announced the acquisition of Amentra, a provider of systems integration services for SOA,...
» read full story March 17th, 2008 - 15:15
Arena Pharmaceuticals’ Obesity Drug Proven Safe

Arena Pharmaceuticals’ Obesity Drug Proven Safe


Arena Pharmaceuticals Inc. announced today that its experimental pill against obesity passed a...
» read full story March 17th, 2008 - 14:03
FCC Criticized by GAO for Ineffectiveness

FCC Criticized by GAO for Ineffectiveness


The Government and Accountability Office (GAO) criticized the U.S. Federal Communications...
» read full story March 16th, 2008 - 19:43
Fed Bailout of Stearns Brings Back Depression Memories

Fed Bailout of Stearns Brings Back Depression Memories


The fifth largest investment bank, Bear Stearns, has been bailed out by JP Morgan and the Federal...
» read full story March 15th, 2008 - 21:00
Microsoft Acquires Rapt

Microsoft Acquires Rapt


The Redmond company continues its acquisitions of Web and media companies. After last year bought...
» read full story March 15th, 2008 - 13:53
Thumbs Up for Verizon: P2P Speed-Up Promised

Thumbs Up for Verizon: P2P Speed-Up Promised


While the likes of Comcast are trying to undermine peer-to-peer transfers, it appears that other...
» read full story March 14th, 2008 - 22:53
dotclear

World

Magnitude 7.8 Quake Strikes China; 5 Dead, over 100 Injured

Magnitude 7.8 Quake Strikes China; 5 Dead, over 100 Injured


A magnitude 7.8 earthquake struck China on Monday morning causing buildings to shake in Beijing...
» read full story May 12th, 2008 - 12:36
53 Illegal Immigrants Held For Ransom in Phoenix Home Rescued

53 Illegal Immigrants Held For Ransom in Phoenix Home Rescued


Authorities started the investigation into the case of 53 illegal immigrants who had been held...
» read full story May 12th, 2008 - 12:33
Interstate Closed as Florida Is under Fire