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Microsoft launched a beta version of a new celebrity gossip site Thursday called "Wonderwall.com." The new site is loaded with pictures of celebrities that visitors can click on to read news stories, features and commentary about the stars....
No matter where one turns on the Internet these days, it's virtually impossible to avoid being bombarded by advertising in one form or another. Banner ads. Video ads. Display ads. Search engine marketing. Ads on MySpace. Ads on Facebook. The only area of the Web left untouched by advertising may be government-run sites. Web marketing, in large par...
Search engine powerhouse Google has decided to sell its decaying 5 percent equity stake in struggling Internet portal AOL just two years after investing US$1 billion in the company AOL parent Time Warner disclosed Google's decision on Wednesday -- the same day Time Warner announced fourth-quarter financial results that showed a clear decline in AOL...
Shares of Ticketmaster Entertainment and Live Nation surged more than 15 percent in early trading Wednesday on press reports that the two companies could merge as soon as this week in a blockbuster deal that would change the landscape in concert and sports ticketing Ticketmaster is one of the world's largest ticketing operations, and Live Nation is...
In yet another sign of the worsening global recession, Japanese consumer electronics giant Panasonic said Wednesday that it will lay off 15,000 employees, or 5 percent of its workforce, by March. Half of the job cuts will be made in Japan Panasonic is the second large Japanese consumer electronics company to announce massive layoffs in the past wee...
Mobile phone manufacturer Motorola reported yet another disastrous quarter of financial results Tuesday that sent the struggling company's stock plummeting 11 percent to US$4.03 per share in mid-day trading Motorola reported a $3.6 billion loss, down from $100 million in earnings during the fourth quarter of 2007. Fourth-quarter revenue was $7.1 bi...
The cost of data breaches continued to rise in 2008, according to a new study from network security company PGP and the Ponemon Institute The study, which was sponsored by PGP, surveyed 43 organizations across 17 different sectors and evaluated the financial consequences of data breaches involving consumers' personal information....
The U.S. Postal Service is thinking of curtailing deliveries. Postmaster General John Potter asked Congress on Wednesday to allow the postal service to go to a five-day delivery week in an effort to cut costs and bring ballooning operating deficits under control USPS has been hit hard by the rise of e-mail, which has dramatically decreased the numb...
Cisco Systems is adding another layer of intelligence to its network switching products The company announced a new software technology on Wednesday, called "EnergyWise," that lets businesses keep an eye on energy consumption by means of wireless devices and Ethernet-connected phones and cameras....
Yahoo's stock surged nearly 7 percent to US$12.12 per share in mid-day trading on Wednesday after the struggling Internet portal reported better-than-expected fourth-quarter financial results Wall Street analysts also seemed impressed with the debut of new CEO Carol Bartz, who took over the reins from company cofounder Jerry Yang just a little more...
IBM received nearly 4,200 patents in 2008 from the United States Patent & Trademark Office, making Big Blue the undisputed king of the intellectual property game for the 16th year running A closer look at U.S. patent numbers collated by IFI Patent Intelligence reveals something else: More and more international companies made efforts to protect the...
Just a week after beating Wall Street expectations with a sterling earnings report, IBM is rumored to be laying off between 1,400 and 2,800 employees If true, IBM would be the latest on a long list of technology companies that have shed jobs in the past few weeks. Last week, Microsoft announced it would lay off 5,000 employees while Intel said it w...
The U.S. Senate voted late Monday to institute a four-month delay in the nation's switch from analog to all-digital television signals in a move meant to give millions of Americans more time to prepare for the transition Television broadcasters are scheduled to go all-digital on Feb. 17, in effect tuning out anyone who has an analog television set....
Search engine powerhouse Google reported stronger-than-expected fourth-quarter financial results Thursday that sent the company's stock soaring nearly 6 percent to US$323.88 per share in mid-day trading on Friday The news comes on the heels of sobering developments in the broader technology sector. Microsoft announced 5,000 layoffs, its first signi...
Chip giant Intel announced Wednesday that it will shutter four of its semiconductor factories and lay off as many as 6,000 employees by the end of 2009 The news follows on the heels of media speculation that Intel could suffer its first quarterly loss since Q4 of 1986. Intel said last week that it earned US$234 million during the fourth quarter, a ...
IBM's stock surged more than 9 percent to US$89.61 per share on Wednesday after Big Blue beat Wall Street expectations with its fourth-quarter financial results and predicted it would maintain high profit levels all the way through 2009 IBM reported $4.4 billion in earnings during the fourth quarter, up 12 percent compared to $4 billion in earnings...
A competitor of computing giant IBM has accused Big Blue of violating antitrust laws in the European Union In a complaint to the European Commission, the EU's Brussels-based antitrust authority, Tampa, Fla.-based mainframe computer maker T3 Technologies has accused IBM of using its dominance of the mainframe market to shut out competitors....
Chip giant Intel has slashed the price of some of its microprocessors in what company spokesperson George Alfs has called "a regularly scheduled price move." Among Intel's myriad chips, the Celeron 570 saw the steepest cut, going from US$134 to $70, a 48 percent decrease.
IBM plans to release a Web-based version of its Lotus business software, called "LotusLive," its latest contribution to the fast-growing cloud computing market IBM also announced a portfolio of Web-based social networking and collaboration software services through partnerships with LinkedIn, SAP, Salesforce.com and Research In Motion....
Sony Ericsson is the latest casualty of the global economic slowdown The joint venture between Japanese consumer electronics giant Sony and Swedish mobile phone maker Ericsson announced dismal fourth-quarter financial results on Friday....
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