Tiffany has appealed a ruling in a federal court that online auction company eBay isn't responsible for keeping its users from selling fake jewelry that uses Tiffany's trademark. Tiffany, one of the world's most recognizable brands in the jewelry sector, filed its suit against eBay in 2004, claiming...

Consumer electronics retailing giant Best Buy is coming to an airport near you. With 965 stores in the U.S. alone, Best Buy is already one of the most ubiquitous retail chains in America. Now, the Richfield, Minn.-based company will soon have kiosks peddling electronics gear at major airports in Atl...

Search engine giant Google could see a significant write-down in its $1 billion investment in AOL, the company revealed. "We believe our investment in AOL may be impaired," it says in filings with the Securities and Exchange Commission. "There can be no assurance that impairment charges will not be ...

Search engine giant Google has launched a new music search service in China that enables users to legally download online music. Music OneBox, which is backed by some of the major global music labels, as well as Chinese basketball star Yao Ming, is available at Chinese music site Top100.cn. Google l...

Sprint Nextel continues to shed wireless customers despite efforts to improve service and lure high-end subscribers to its network. The number of mobile subscribers at the carrier declined to 51.9 million in the second quarter ended June 30, down 3.9 percent from the 54 million it reported during th...

Sony has acquired German media giant Bertelsmann's 50 percent stake in Sony BMG Music for $900 million. Bertelsmann gets another $300 million for its share of the cash on Sony BMG's books. Filings with the SEC show that Sony BMG will buy back part of Bertelsmann's stake for $600 million, with anothe...

Wireless technology giant Motorola has landed a top Qualcomm executive to run its mobile devices unit, which is expected to be spun out in the second half of 2009. Sanjay Jha, former chief operating officer at San Diego-based Qualcomm, is now co-CEO of Motorola and CEO of the Schaumburg, Ill.-based ...

Sun Microsystems continues to struggle. The Santa Clara, Calif.-based server maker reported that earnings in the quarter ended June 30 fell nearly 74 percent to $88 million, compared with earnings of $329 million during the same period a year ago. Quarterly revenue fell 1.4 percent to $3.78 billion,...

Search engine giant Google is setting up a new venture capital arm and has hired William Maris, a 33-year-old former entrepreneur, to help coordinate the venture fund, according to a report in The Wall Street Journal. Google is the latest in a long line of large companies across several sectors to c...

Sprint Nextel sustained a harsh legal blow this week that could have wide-ranging effects across the entire mobile telephone industry. A judge in California ruled that it is illegal for Sprint to charge so-called early termination fees when customers discontinue their wireless phone service before t...

Year-over-year profits at Tokyo-based consumer electronics giant Sony fell 47 percent to $326 million during the first quarter, and company officials predict a further decrease in profits later in the year. Several factors contributed to the massive drop in Sony profits: lower-than-expected earnings...

Verizon Communications beat Wall Street expectations on Monday, thanks to a strong showing by its wireless business. Second-quarter revenue grew to $24.1 billion, a 3.7 percent increase compared with the same period a year ago. Second-quarter earnings grew to $1.88 billion, up from $1.68 billion dur...