Articles by Staff Reporter
Schilling Video Game Firm Lays off Staff: Report
The troubled video gaming company run by former Red Sox baseball great Curt Schilling seemed on the verge of collapse on Thursday and had laid off its entire staff, according to several gaming industry websites and other media.
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Apple CEO Gives up $75 Million in Dividend Income
Apple Inc Chief Executive Tim Cook will not be earning dividend income on the more than 1 million shares to which he is entitled, which will cost him about $75 million.
DISH, TV Networks Take Fight over Ad Zapper to Judges
A legal battle erupted between DISH Network and some of the major broadcast networks Thursday as the two sides traded lawsuits over the satellite distribution company's "Hopper" DVR, which threatens to bring down the television business model by allowing viewers to skip over commercials entirely.
Facebook Market Makers' Losses Total at Least $100 Million
Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders.
NBC May Buy Microsoft's MSNBC.com Stake
NBCUniversal is in talks to buy out Microsoft Corp's 50 percent stake in joint venture MSNBC.com, media reports said.
China's CIC Eyes up to $2 Billion Stake in Alibaba Group: Sources
Sovereign wealth fund China Investment Corp (CIC) is in advanced talks to buy an up to $2 billion stake in Alibaba Group, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it needs to buy back part of its stake from Yahoo Inc.
Analysis: Hard-up Telcos Get Stingy with Mobile Give-aways
Save up now for that new iPhone: the era of free or cut-price phones when signing a new mobile phone contract may be soon be over in Europe.
Huawei Seeks EU Action Against Interdigital Patent Fees
World No.2 telecoms equipment maker Huawei has called for EU antitrust regulators to intervene in a dispute with InterDigital, saying the U.S.-based firm is demanding "exploitative" fees for use of its 3G mobile phone patents.
Intel Eyes Future with Computers That Learn
Intel Corp is launching research in Israel into technology that mimics the human brain and develops devices that "learn" about their user.
As Rivals Falter, Lenovo Has Emerging Market Edge
With home turf advantage in the world's biggest computer market and a foothold in major emerging economies, China's Lenovo Group is looking to turn market share into profit, heaping more pressure on U.S. rivals Hewlett-Packard Co and Dell Inc.
Analysts back Hewlett Packard's layoff plans
Analysts said Hewlett Packard Co's plan to cut jobs was a step in the right direction but the PC maker will have to do more to regain investors' confidence.
EU court to rule on $1.1 billion Microsoft fine on June 27
Europe's second-highest court will rule on June 27 whether EU regulators were justified in fining Microsoft 899 million euros ($1.1 billion) four years ago for failing to comply with an antitrust ruling intended to make business easier for its rivals.
Xbox 360: ITC Judge recommends U.S. Ban
Patent wars are getting dirtier day by day. Not only they result in loss of thousands of dollars for companies, but also result in frustration for consumers. Earlier Microsoft was successful in banning Motorola smartphones. Now Motorola is punching back with Xbox 360 ban in U.S. and the gaming console might get pulled away from shelves in upcoming few months.
After Yahoo Deal, Challenges Abound for Alibaba
China's Alibaba Group could command a Facebook-rivalling valuation of $100 billion when it comes to list its shares, possibly by 2015 - but its more immediate challenge is to hang on to top spot in the country's $36 billion e-commerce market.
Google Names New Motorola Mobility CEO
Google Inc completed its $12.5 billion purchase of Motorola Mobility Holdings Inc and named a new chief executive for the cellphone maker, who vowed to focus on "fewer, bigger bets."
Apple still Dominates World's Top Brands: Study
Apple has maintained its place as the world's most valuable brand over the past year, leading a group of technology-related companies that dominate the top 10, according to a study published on Tuesday.
Regulators, Investors Turn up Heat over Facebook IPO
Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange.
Spy Agency Seeks Cyber-Ops Curriculum
The National Security Agency is trying to expand U.S. cyber expertise needed for secret intelligence operations against adversaries on computer networks through a new cyber-ops program at selected universities.
SAP to Buy Ariba, Boosts Cloud Bet
Top European software company SAP AG plans to buy Ariba Inc in a deal valuing the business and commerce network company at $4.3 billion, its latest maneuver against Oracle in the fast-growing Internet-based computing market.
Dell Results Disappoint Street, Shares Dive
Dell Inc forecast disappointing second-quarter revenue as U.S. and European corporate tech spending weakens and consumer personal computer sales continue to shrink, hammering its shares.
Insight: Morgan Stanley Cut Facebook Estimates Just Before IPO
In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company.
iPhone Problems: Top 5 Fixes You Should Know
Although you may feel that you will have to take it to the nearest Apple store to fix it, there are other ways to deal with certain iPhone problems as well.
New App Identifies Faces in Photos
Imagine taking a snapshot of a group of friends and having your smartphone instantly reveal the identity of everyone in the photo.
Alibaba in Talks to Raise $2.3 Billion Equity for Yahoo Deal: Sources
Chinese Internet firm Alibaba Group is in talks with existing shareholders, including Singapore state investor Temasek Holdings
, to raise about $2.3 billion in equity to partly finance its deal with Yahoo Inc. , two sources said. EU Offers Google Last Chance in Antitrust Case
The European Union's antitrust chief on Monday ratcheted up the pressure on Google, giving it a matter of weeks to settle an investigation into allegations of anti-competitive behavior and avoid formal charges and a possible fine.
Silicon Valley Takes Facebook Fizzle in Stride
Facebook's lackluster initial public offering performance is a black eye for many on Wall Street and could have ramifications for similar upcoming deals such as an offering by Twitter, but venture capitalists in Silicon Valley are keen to shrug off Facebook's stumble - at least for now.
Apple, Samsung CEOs in U.S. Court Talks on Patents
The chief executives of Apple Inc and Samsung Electronics Co Ltd were summoned for court-directed mediation on Monday over the iPhone maker's claims the Korean firm has "slavishly" copied some of its products.
