Business

Microsoft last week announced the acquisition of Solair, a move to expand its global Internet of Things business. Solair's IoT customization and deployment solutions, which are built on Microsoft's Azure cloud platform, have helped a wide range of businesses improve efficiencies and profitability, a...

India's telecommunications ministry has rejected Apple's proposal to sell refurbished iPhones in the country. Officials apparently based their rejection of the proposal on rules that prohibit importing used electronics. The country's environmental ministry nixed a similar request last year. With sma...

Hulu reportedly is in talks to launch a cable TV-like service early next year. Hulu, which is a joint venture of Walt Disney, 21st Century Fox and Comcast's NBCUniversal, is said to be negotiating with Disney and Fox to deliver live broadcast and paid channels, including ABC, ESPN, Disney, Fox, Fox ...

Google has rehired former executive Rick Osterloh to lead its hardware businesses, which it plans to consolidate under a single division, according to news reports published last week. Osterloh, who recently stepped down as president of Motorola, reportedly will head up Google's Nexus business, whic...

Facebook on Wednesday announced its board of directors is proposing a new class of shares that will allow its founder to pursue a number of different initiatives while maintaining long-term control over the company. The news came on the heels of a blockbuster first quarter earnings report. The plan ...

Yahoo on Wednesday announced that it has reached a deal with Starboard Value to add four independent directors, thus avoiding a proxy fight with a key investor that has been seeking radical changes at the company. Under the agreement, Starboard CEO Jeff Smith will join Yahoo as an independent direct...

Apple shares were trading at around $95 as of mid-day Thursday in the wake of the company's disappointing Q2 earnings report. That was even lower than Wednesday's opening price, which was down more than $8 from Tuesday's $104.35 at market close. The company's second-quarter performance was dismal. T...

The FBI on Wednesday confirmed its decision not to inform Apple of how it hacked into the encrypted iPhone used in last December's San Bernardino terrorist attack. The bureau was investigating the possibility that deceased shooters Syed Farook, who used the iPhone, and his wife may have had links to...

Nokia on Tuesday announced plans to purchase Withings for $192 million in cash as part of its move into the healthcare devices arena. The deal is expected to close in early Q3, and Withings will become part of the Nokia Technologies business. "We have said consistently that digital health was an are...

Key components of the Obama administration's multipronged cybersecurity initiative keep falling into place. One of the most recent developments was the formation of a federal Commission on Enhancing National Cybersecurity. Another was the formal introduction in Congress of the administration's infor...

Federal regulators on Monday granted approval of Charter Communications' $78 billion merger with Time Warner Cable and its $10.4 billion acquisition of Bright House Networks, but with a number of tough conditions. The Justice Department filed a lawsuit and settlement agreement in U.S. District Court...

As a maker in an e-commerce world, you have to get the word out about what you're creating. Whether you're crafting candles or jewelry, marketing, in short, leads to sales. It's one thing to set up a booth at a craft fair and meet your customers face to face, but it's another thing entirely to marke...

Google has been working on an incubator that would let employees pitch business plans and work full time on approved projects while remaining on its payroll, according to news reports published this week. The incubator, to be called "Area 120," will be led by Don Harrison, VP of corporate developmen...

Apple shares closed at $105.08 Monday -- down 60 cents -- as the market steeled itself for what's expected to be a gloomy quarterly earnings call on Tuesday. Apple will underperform the smartphone industry and become the only global top-five brand to see shipments decline in 2016, predicted Ming-Chi...