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Yahoo may have shelved the prospect of a company sale, or at the very least pushed the idea to its back burner. Instead, it is reportedly giving serious thought to selling its Asian assets and redistributing the proceeds to shareholders via a special dividend or buyback shares. It has been widely as...
Barnes & Noble has sent out invitations to a press conference this week in New York City. The specific topic of the event, set for Nov. 7, is unclear -- but it's almost certain the spotlight will be on its Nook. It is widely expected that B&N will unveil its answer to Amazon's Kindle Fire --...
The FCC has voted unanimously to reform the Universal Service Fund and intercarrier compensation system. It is creating a new Connect America Fund, with a budget of $4.5 billion to meet the end-goal of this policy shift: extending broadband infrastructure to rural Americans, as opposed to subsidizi...
Research In Motion has not heard the last of the days-long outage of its network earlier this month. Lawsuits seeking class action status have been filed against the company in both the United States and Canada, seeking damages for the loss of service. One suit was filed in federal court in Santa An...
Sprint delivered third quarter earnings with a relatively nice surprise -- its losses were less than expected. Any good feeling from its numbers, however, was short-lived as Sprint went on to remind shareholders that it would be seeking capital -- as much as $7 billion -- to fund new handsets and a ...
IBM debuted industry-specific data analytics tools for the healthcare and communication sectors at its Information on Demand conference. These packages are part of IBM's drive to help companies manage their information processes and data storage needs as efficiently as possible. For the communicatio...
Android has become the platform for mobile advertisers to target, it would seem, based on separate reports from ABI Research and Millennial Media. Android served up more ad impressions overall in Q3 than rival iOS, at 56 percent, Millennial Media reported. For its part, ABI Media noted that in Q2, A...
Research In Motion has been hit with a lawsuit alleging trademark infringement of the name "BBX." This latest thorn in the company's side follows a mortifying days-long global service outage and lackluster performance of its PlayBook tablet, to name just two recent setbacks. BBX is the operating sys...
Sprint Nextel notified subscribers late last week that it was doing away with its unlimited 4G wireless broadband for tablets, netbooks, notebooks, USB cards and mobile hotspot devices -- almost every mobile device, that is, except smartphones, which it has famously promised to allow to consume unli...
Verizon delivered excellent news to its shareholders on Friday: Third-quarter earnings rose to $1.38 billion from $659 million a year earlier. A jump in subscribers -- it signed on 882,000 new wireless customers for the quarter -- and smartphone sales led to the doubling in profits. Another group lo...
The New York Times Co. reported a profit of $15.7 million this quarter, compared with a $4.3 million loss in the same period last year. The boost came from a number of sources, including a cost-cutting initiative, digital ad revenues -- as opposed total advertising -- and digital subscriptions. Laun...
The U.S. Department of Labor and Facebook are collaborating on an initiative that they hope will link more unemployed people with potential employers -- a job search page on Facebook. The page also highlights available training programs and educational opportunities. Facebook intends to drive traffi...
Dropbox has completed a $250 million Series B financing -- a windfall for a company whose fundraising up until now has netted $7.2 million. The financing was led by Index Ventures. Dropbox plans to use its new riches to accelerate its growth, make acquisitions, pursue partnerships and otherwise grow...
The Novell v. Microsoft antitrust lawsuit entered its trial phase in the Utah U.S. District Court this week, with jury selection taking place on Monday. The case, which Novell originally filed in 2004, has traveled a long and winding road. Novell won the right to go forward with the trial in May 201...
Apple did not violate four HTC patents, an International Trade Commission judge has ruled. HTC filed a complaint with the commission in May 2010, alleging Apple infringed on several mobile patent technologies, including those for power management of mobile devices and phone dialing. It asked the ITC...
It is almost hard to remember when all Amazon did was sell books -- the paperback and hardcover versions, that is. Over the years, the company has morphed and then morphed some more into a multilayered e-commerce platform, selling everything from digital music to storage space in the cloud to, well,...
Google appears to be working on an online music store that will compete with the established offerings of Apple and Amazon. How competitive this online store will be is unclear, at least based on what is currently reported about its status. Google reportedly has held talks with Universal Music Group...
Verizon Wireless has changed its privacy policy to permit it to do, well, almost anything it wants to with users' data. The new policy, which is opt-out, allows it to track subscribers' Web browsing, location and app usage behavior. The policy allows it to share this data with third parties in orde...
The number of wireless subscriber connections in the U.S. is more than its actual population. In addition, Americans have doubled the amount of data traffic on wireless networks. So says trade group CTIA in its semiannual survey of the state of the industry. The number of wireless connections rose b...
Zynga is spreading its wings beyond Facebook, the giant social network that made it a giant gaming network in its own right. Some 232 million Facebook users also use Zynga. It has launched a new, independent gaming platform, Project Z. Other than the absence of Facebook, Project Z sounds as though ...
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