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Yahoo may be readying for a significant change in corporate structure -- and headcount. CEO Scott Thompson is getting ready to restructure the company in a move that will entail layoffs that could number in the thousands. "The indications are that the layoffs will be massive," said David Cadden, a p...
The FCC is seeking public comment on the subject of when or if government entities can intentionally jam cellphone signals and Internet service for the sake of public safety. The comments will help inform FCC deliberations regarding what, if any, rules or policy guidance may be appropriate regardin...
Yelp had an excellent first day as a publicly traded company. It opened on the New York Stock Exchange Friday at $22.01 per unit -- up 47 percent from its IPO price of $15. By the end of the day, shares were trading at $24.58. The first-hour pop was surprising, even for enthusiastic advocates of the...
Zynga is launching its own platform this month as a beta, with a number of features designed to lure players away from their comfort zone on Facebook. There is, for example, a way for players to meet and connect with other players -- in other words, you don't need a set of already-connected friends ...
Facebook introduced a slew of new ad initiatives at its marketing conference, fMC, held in New York on Wednesday. Most had been leaked to industry publications prior to this first-ever event. Timeline for Pages, for example, was expected. Also expected was a mobile ad play -- Facebook had admitted i...
Facebook introduced a long-expected development on Wednesday: Timeline for Pages -- that is, Timeline for brands. It is similar in look and feel and function to the feature that was pushed out to user profiles last fall. However, the implications of Timeline for Pages are much greater for brands, bo...
There has been a shakeup in LightSquared's executive ranks following the Federal Communications Commission's refusal to let the company launch its high-speed wireless network due to potential disruptions to devices that rely on the Global Positioning System. LightSquared's chief executive, Sanjiv Ah...
Dell has unveiled a portfolio of new blade, rack and tower PowerEdge 12th Generation servers. The product line is nothing short of amazing, the company would like you to know. However, please don't focus so much on the underlying technology; rather, consider what it can do for the business line end ...
Groupon's push into mobile is firing on all cylinders, to hear the company describe its progress. The daily deal giant posted record mobile performance in North America in Dec. 2011, with one quarter of all Groupon vouchers purchased via a mobile device. Also, both consumer and merchant app usage we...
Attorneys General from 36 states have written to Google CEO Larry Page expressing deep concerns over the company's privacy terms. Google's new privacy policy, which permits greater information sharing among its products, should allow consumers to opt in, the attorneys general maintain. Besides lacki...
Microsoft has filed a formal complaint with European Union antitrust authorities alleging that Motorola Mobility -- and hence, Google -- is improperly restricting the use of certain patented technologies. The complaint comes a week after the European Commission approved Google's $12.5 billion acquis...
Research In Motion has released its first update for the PlayBook's operating system. The debut of BlackBerry PlayBook OS 2.0 adds -- finally -- some essential features to the tablet, such as a native email client, calendar and contact functionality. RIM wanted to ensure that it would not just provi...
A Morgan Stanley analyst has cut his rating on Amazon to equal weight from overweight. The reason? Mounting near-term challenges that mean 2012 will be a year of transition for the stock. Generally, the company is a long-term supporter of Amazon, Scott Devitt wrote, and it remains a long-term suppor...
Google has cleared a significant hurdle in what will perhaps be its greatest prize yet: its $12.5 billion acquisition of Motorola Mobility. The deal has gotten the green light from both U.S. and European regulators. Their approval did not come without some words of caution about making sure that cri...
Doug Whitman, a hedge fund manager with Whitman Capital, has been charged with insider trading of tech stocks by federal prosecutors. The Securities and Exchange Commission is also pursuing Whitman in a parallel civil case. Whitman surrendered to the Federal Bureau of Investigation on Friday, pled n...
Another government venue, another condemnation of LightSquared's planned 4G LTE network. U.S. Department of Transportation Deputy Secretary John Porcari told a congressional hearing on Wednesday that if LightSquared were to be deployed, the Federal Aviation Administration would have to constantly m...
Oracle has announced it is acquiring the cloud-based talent management provider Taleo. It is paying $46 per share, or approximately $1.9 billion, net of Taleo's cash and debt. Taleo's board of directors has unanimously approved the transaction, which is expected to close mid-year 2012, subject to ...
The California State Teachers' Retirement System has a gripe about the makeup of Facebook's board of directors: It is too small and too male. In fact, there are no women on the board. "We believe that investors and the company would benefit from a larger, more diverse board," CalSTRS corporate gover...
Amazon and Viacom have inked a licensing agreement that will bring the number of instant videos available to Amazon Prime customers to more than 15,000. The deal will add episodes from Viacom's Comedy Central, MTV, Nickelodeon and BET outlets. Titles will include "The Hills," "Jersey Shore," "The Ha...
Oracle is clearly not prepared to let go of the TomorrowNow case involving corporate theft it suffered at the hands of the service provider, which was acquired by rival SAP in 2005. In a legal filing this week, Oracle rejected the $272 million in court-ordered damages from SAP. A jury found in favor...
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