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Strong iPhone and Mac sales droves Apple to achieve record revenue for the June quarter -- quarterly revenue of $37.4 billion and quarterly net profit of $7.7 billion, which is $1.28 per share and about a 12.3 percent rise in profits. Interestingly, Apple managed to bump up its profit margin, too: ...

During Apple's WWDC keynote event last week, it became exceedingly clear that we won't be seeing a converged iPad/MacBook device anytime soon. Unlike Microsoft, with its Surface Pro 3 effort, Apple doesn't seem at all interested in forcing iOS and OS X into a single unified operating system. In fact...

So far, the vast majority of press reports and blog posts coming out of the Consumer Electronics Show last week rave about Palm's new Pre smartphone and webOS, the operating system that drives it. It's a 3G phone that runs on Sprint's network, has WiFi, GPS, 8 GB of memory, and all the standard stuf...

The burgeoning netbook market appears to be learning a lesson from the cell phone market: Shave the cost of acquisition from a mobile device by bundling it with a multi-year service contract. Case in point: RadioShack is now offering the Acer Aspire One netbook for US$99.99 with a two-year AT&T ...

A variety of retail-watching experts are churning out Black Friday sales facts, figures and customer inclinations, and while it wasn't a rip-roaring Black Friday compared to previous years, it wasn't all that bad -- particularly for the hot-selling consumer electronics sector. Comparison shopping si...

Yahoo and T-Mobile jointly announced that Yahoo oneSearch will be the default mobile engine to power Internet search made through T-Mobile's new Web2go service. The new Web2go service is basically a customizable home page on a mobile phone that makes it easier to view and navigate the Internet on th...

MySpace, MTV Networks and online ad platform Auditude are teaming up to try and squeeze money out of pirated video -- content distributed online without the permission of the rights holder. The trio's plan is to identify online pirated video clips, slap an ad overlay on top of them, and monetize the...

The Russian Federal Antimonopoly Service has slammed the door on Google. The search engine giant was trying to buy a local online advertising company, Zao Begun, but FAS officials decided to block the deal. Google first announced its intent to acquire the Russian company, which is owned by Rambler M...

Google said the United States has a very real opportunity to transform its economy from one running on fossil fuels to one largely based on clean energy -- and to make it happen, Google is pitching a $4.4 trillion proposal that outlines how it can be done by 2030. By spending $4.4 trillion on buildi...

What seems to have started as a simple play to create new cartoon content for the Web -- and make money from it -- may in effect usher in a new media distribution model. A Web search engine giant, a highly paid cartoon creator, and a production company are all working together to deliver 50 two-minu...

The world's largest online auction house, eBay, has announced plans to let third-party developers integrate applications directly onto eBay by giving their applications more direct access to the site's 700,000 professional sellers. The company revealed the details at its seventh annual eBay Develope...

Microsoft has fired off a slew of federal lawsuits -- 21, to be exact -- against resellers in 14 states. In the suits, Microsoft claimed the resellers are engaging in the sale of pirated software. Some of the lawsuits include eight possible repeat offenders that may not have learned their lessons th...

Verizon Business has won a massive government contract to deploy and manage a global IP network for the U.S. Department of Homeland Security. The contract is for a cool $678.5 million over 10 years, and to bank the bucks, Verizon will act as the primary service provider under the DHS OneNet program,...

Cox Communications is actively blocking BitTorrent file-sharing users from enjoying unfettered Internet services, according to a new study based on more than 8,000 Internet users. Like Comcast, which was the first major cable Internet service provider to be outed for throttling peer-to-peer data, Co...

Blockbuster is working on a new movie-streaming and/or downloading service, according to a news report. The reported device apparently would let its customers view movies from a television set-top box similar to the Apple TV or an Xbox 360, both of which can download rentable movies. Such a service ...

The European Commission introduced new rules Monday for mobile communications on aircrafts during flights. The new regulations give the airlines a green light to let their passengers talk on their mobile phones midair -- with a few caveats, of course. The Commission, however, did not create protecti...

Rambus has won a patent-related trial against three semiconductor companies. The long legal battle may not be entirely finished for the technology developer, however. Put in basketball terms, Wednesday's victory was more a three-point shot with a minute remaining than a last-minute slam dunk. A jury...

A Dow Jones VentureSource report released Tuesday indicates that Web 2.0 investment may be peaking in the United States despite an 88 percent increase in money investment in 2007 over 2006. Even though venture capitalists threw a record $1.34 billion into 178 Web 2.0-related deals in 2007, the Dow J...

The Recording Industry Association of America has been filing and threatening lawsuits all across America in its war to stop illegal file sharing and piracy of music owned by its partner record labels. Many individuals that have faced litigation from the RIAA in the last several years have settled b...

President George W. Bush, speaking at the White House in a press conference Thursday morning, called on the House of Representatives to pass surveillance legislation that would provide retroactive immunity to telecommunications companies that provided the government access to their networks without ...