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Continuing and accelerating a long-term trend, U.S. newspapers lost significant circulation in recent months as more of the population turned to the Internet to get news and information, according to an industry report released Monday The Newspaper Association of America (NAA) said its analysis of circulation reports did contain some good news, how...
By all accounts, the e-commerce sector is poised for another blockbuster holiday season, with forecasters calling for another year of double-digit growth and sales of about US$27 billion for the fourth quarter, according to Forrester Research Most retailers are already well underway with plans to capitalize on that growth, putting in motion plans c...
Existing copyright laws in the United Kingdom are out of date and should be updated to provide consumers with more flexibility, including the right to copy the content on DVDs and CDs to portable players, a new report argued The Institute for Public Policy Research (IPPR) issued a report Sunday saying that copyright laws should be amended to create...
Verizon Communications nudged past Wall Street estimates for profit in its third quarter as surging revenue in its wireless business helped offset a surge in expenses Verizon said revenue rose 26 percent to US$23.25 billion as the company began to reap the benefits of its consolidation efforts, including a boost in sales due to the acquisition of l...
With millions of voters set to cast ballots in key mid-term elections in just over a week, a long-simmering controversy over voting machines continues to percolate. New reports suggest a major manufacturer of e-voting kiosks quietly repaired a flaw without informing election officials The case involves machines in Maryland, where, according to pub...
Strong demand for the Xbox gaming console and server software helped push Microsoft to a strong first quarter, with the company exceeding its own revenue projections and surpassing Wall Street forecasts for profit The Redmond, Wash., software giant said revenue rose 11 percent over the same period a year ago, to US$10.81 billion. Net income was $3....
BT Group said Wednesday it would acquire managed security services firm Counterpane Internet Security in a move that could help the former national phone company of the UK advance its transformation into a global telecom services and network firm BT did not disclose the price it paid for the privately held Mountain View, Calif.-based Counterpane, b...
Hoping to start the long process of moving past the massive recall of notebookcomputer batteries,Sony on Monday apologized for the uproar it caused but said it had no plans to exit the PC battery business To date, some 9.6 million batteries have been recalled around the world, the bulk of them forDell andApple laptops. Sony has been forced to spend...
A long-simmering dispute among major wireless carriers took a nasty turn Tuesday when Vivendi announced it had filed a racketeering lawsuit against rival T-Mobile Vivendi's suit claims T-Mobile "illegally appropriated" US$2.5 billion that Vivendi invested inPolska Telefonia Cyfrowa, or PTC, a Polish wireless carrier. The suit claims T-Mobile and pa...
IBM said Monday it has sued Amazon.com, alleging the e-commerce retail giant has infringed on a number of its patents IBM is seeking unspecific damages and said the suits were filed only after some four years' worth of attempts to negotiate licensing deals between the two companies....
Hoping to build on its reputation as the maker of network backbones, Cisco said Monday it would launch a video conferencing solution the company believes will help spark a new era of long-distance collaboration for its customers Cisco said its Cisco TelePresence solution would "redefine" the experience users of teleconferencing systems have when ho...
Slumping Dell has lost the label of world's largest PC maker to rival Hewlett-Packard, according to two research firms, with HP grabbing the crown Dell wore for nearly three years Both Gartner and IDC said HP pulled ahead of Dell in the third quarter, though both firms emphasize the gap was narrow, leaving open the possibility of the two companies ...
Search leader Google blew away analyst forecasts for profits and revenue Thursday, turning in a third quarter financial performance that seemed certain to put to rest any doubts about the company's short-term growth prospects Google's revenue came in at US$2.69 billion, up some 70 percent over the quarter last year, and 10 percent higher than the s...
Yahoo said softness in parts of the advertising market led to a 37 percent drop in quarterly profits and prompted a lower-than-expected forecast for the fourth quarter The Web portal did say its new paid search ad delivery platform, known as Panama, was now up and running and on track to be fully operational by early 2007. Still, that news could no...
It may be months before Windows Vista, the long-anticipated upgrade ofMicrosoft's PC operating platform, becomes widely available, but the company is already taking heat for building in technology that limits its transferability.Users will be able to transfer Vista from the first PC installation to a different machine only once Earlier versions of ...
The massive recall ofSony notebook PC batteries may be taking more of a financial toll on the company than initially expected. The company said Tuesday it may need to revise its financial forecasts Sony is evaluating whether to adjust its previous forecast of US$1.1 billion in profit for the current fiscal year. "We are currently in the process of...
Yahoo Small Business, one of the most popular options for merchants to establish their first online presence, started to roll out a major upgrade Monday, revamping the way it gets merchants set up to focus more on immediate sales results The e-commerce platform, known as Yahoo Merchant Solutions, got the first of several planned upgrades, with a ne...
Sirius Satellite Radio (Nasdaq: SIRI) said Monday it would launch a Web-only version of its subscription satellite service, a significant step for the company as it tries to generate enough revenue to earn back major investments in on-air talent Sirius will launch Sirius Internet Radio, which it described as a CD-quality, Internet-only version of i...
Already facing tens of millions of dollars in costs associated with replacing recalled laptop batteries for several major PC makers, Sony now faces the prospect that some of these companies will try to recoup additional damages, such as compensation for lost business Toshiba said Monday it is currently studying the damage its recall of Sony's lithi...
Newly passed gaming laws have spurred an exodus of UK-based Internet companies from the lucrative United States market, with major sites selling off or shutting down their operations Sportingbet said it agreed to sell its U.S. operations to Jazette Enterprises, an Antigua-based corporation, for US$1. The sale enables Sportingbet to write off some $...
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