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Netflix cut its domestic subscriber forecast on Thursday by one million customers in the wake of a major change in the company's pricing structure that favors its streaming-only service ...
A new ad sales pact between Microsoft, Yahoo and AOL has the tech companies teaming up against a common enemy, Google, according to All Things D. By selling ad inventory on each other's sites, the three aim to hang onto ad revenue that previously was lost to third-party networks. ...
California lawmakers have reached a compromise with Amazon over state sales tax, ending a back and forth battle that has raged all summer. State lawmakers approved a compromise bill that will give Amazon a one-year break from collecting state sales tax. Amazon's stock price rose nearly 5 percent on the news. ...
After the firing of Yahoo CEO Carol Bartz this week, the board is exploring a possibility of a sale, according to The Wall Street Journal, and intends to hire bankers for advice. ...
Yahoo on Wednesday announced a leadership reorganization that moves Carol Bartz out as CEO and replaces her in the interim with Timothy Morse, the company's chief financial officer. The board has also formed a new executive leadership council populated by key senior executives to support Morse in day-to-day operations until a permanent CEO is appointed.
Jaguar Financial, a shareholder of BlackBerry-maker RIM, called on the company's directors to carry out a formal process for maximization of shareholder value in a letter from Jaguar and supportive shareholders, which was released to the public on Tuesday. ...
Samsung has unveiled the Galaxy Note, which sports a 5.3-inch screen -- a size that places it between a typical smartphone and a tablet. It features an HD Super AMOLED display with a 180-degree viewing angle. The device comes with a slide-out stylus called the "S Pen" and sports a rear 8 MP camera capable of capturing video in 1080p HD, as well as a front 2 MP camera for video chat. The unit is powered by a 1.4 GHz dual core processor and runs the Android 2.3 Gingerbread operating system...
The U.S. Department of Justice has sued to block AT&T's proposed US$39 billion takeover of T-Mobile. The civil antitrust lawsuit that Justice filed in Washington's federal court on Wednesday says the deal would substantially diminish competition in the wireless market. ...
The U.S. Department of Justice has sued to block AT&T's proposed US$39 billion takeover of T-Mobile. The civil antitrust lawsuit that Justice filed in Washington's federal court on Wednesday says the deal would substantially diminish competition in the wireless market. ...
Barnes & Noble released its first-quarter earnings report on Tuesday, revealing that sales of its Nook e-reader and e-books have been helping to offset the company's sinking physical book sales. ...
Barnes & Noble released its first-quarter earnings report on Tuesday, revealing that sales of its Nook e-reader and e-books have been helping to offset the company's sinking physical book sales. ...
Research In Motion on Thursday announced its new BBM Music service, a cloud music offering for BlackBerry Messenger. BBM Music enables social and viral music discovery by allowing users to build a community-based library with friends' selections. A closed beta of BBM Music has launched in Canada, the United States and the United Kingdom. The service is expected to be available later this year in multiple countries for a monthly charge of US$4.99...
A U.S. judge has ruled largely in favor of music locker site MP3tunes in the copyright infringement suit brought by record label EMI. Judge William Pauley on Monday ruled that MP3tunes did not promote infringement with its online music storage service ...
IBM researchers unveiled a new generation of experimental computer chips Thursday. The chips are designed to mimic the brain's abilities of perception, action and cognition. The development could lead to advances in computers that require much less power and space than current technology ...
Forty-five thousand striking Verizon workers could lose medical benefits by the end of the month. A provision in the workers' contract allows suspension of medical benefits as of Aug. 31, Verizon spokesperson Raymond McConville confirmed, including coverage for prescription drugs, vision and dental services. ...
The deal Google announced Monday -- to acquire Motorola Mobility for US$12.5 billion -- is a stunning seismic event in the already-heated mobile device and operating system market. Google's Android OS has been on a tear lately, rivaling Apple for the moniker of coolest smartphone system ...
Cisco's efforts to revamp its business -- cutting jobs and shaving US$1 billion from expenses -- seems to be paying off. After three disappointing quarters, the company wowed the street with its fourth-quarter performance, delivering $11.2 billion in sales, exceeding Wall Street's forecast of $10.98 billion. The company delivered GAAP income of $1.2 billion or $0.22 per share, and non-GAAP income of $2.2 billion or $0.40 per share. Now that's more like it...
Amazon unveiled a new HTML5 Kindle Web app on Wednesday. Kindle Cloud Reader, which is already up and running, provides access to books offline and online via a Web browser with no download or installation needed ...
Twenty-one-year Microsoft veteran Charlie Kindel announced he is leaving to start his own company via a blog post on Monday. He joined the Windows Phone division in 2010, prior to its launch, and has been serving as general manager. He led the team that built the Windows Phone application platform and worked as developer evangelist. ...
Clearwire said Wednesday that it intends to add "LTE Advanced-Ready" technology to its 4G network. The announcement follows the successful completion of 4G tests that clocked download speeds above 120 Mbps. The deployment is subject to additional funding, the company said. ...
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