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As more and more consumers download smartphone applications, it's become increasingly vital for developers, phone makers and wireless carriers to have a deeper understanding of how customers interact with them. That's where a company like Flurry comes in. The San Francisco-based startup has develope...
Internet phone company Vonage has secured $220.3 million in credit in a deal that Wall Street sees as crucial to the struggling company's survival. Proceeds will go toward paying off $253 million in debt on Vonage's books. The $220 million deal, led by Silver Point Finance, comes at a time of unprec...
Memory chip maker SanDisk announced Monday it will sell a large chunk of its business to Toshiba for about $1 billion. The deal comes at a time when the market for memory chips faces severe oversupply. This is "a multiyear partnership and reflects a couple of different joint ventures," said Ryan Don...
Anyone who's used popular P2P applications such as BitTorrent, Gnutella or Limewire has probably been plagued by network slowdowns that make sharing heavy media files a time-consuming endeavor. However, a consortium of technologists at the Distributed Computing Industry Association has found a way t...
Does Microsoft still have Yahoo in its gun sights? Listen to Microsoft CEO Steve Ballmer and it might seem so. At an industry event in Orlando, Fla., this week, Ballmer said a deal between Microsoft and the No. 2 Internet search engine would "still make economic sense" for both companies. Within hou...
Finnish mobile phone maker Nokia reported a 30 percent decrease in third-quarter earnings and a 5 percent drop in sales on Thursday. However, the company was able to improve gross margins at a time when the global economy is faltering and spending on consumer electronics is decreasing in the United ...
Online auction house and retailer eBay announced a profitable third quarter on Thursday but warned an already-volatile Wall Street that continued weakness in consumer spending would hurt sales throughout the rest of the year. The company reported Q3 earnings of $492.2 million, compared to a loss of ...
Gartner has released a list of the top 10 technologies that will dominate the landscape for the next three years. The release comes at a jittery time for technology stocks and early stage startups alike, with all the major market indexes on a downward spiral. The list also comes just one day after t...
Semiconductor chip giant Intel reported better-than-expected financial results for the third quarter late Tuesday, but it wasn't enough to buoy its stock or inject any new life into the broader chip market. Net income at Intel rose 12 percent year-over-year to $2.01 billion. However, top-line revenu...
Search engine giants Google and Yahoo are in talks with the U.S. Department of Justice in the hopes of alleviating regulators' antitrust concerns regarding their pending online ad sharing deal. Reports that the three sides were meeting first surfaced early Tuesday. Antitrust issues have been raised ...
Gartner has slashed its outlook for growth in spending on information technology in 2009 from 5.8 percent to 2.3 percent. Forecasts could decline further if the economy continues to weaken, the firm warned. Total global IT spending could rise just 2.3 percent to $3.5 trillion as many businesses cut ...
MySpace has launched a new online display advertising tool for small businesses and individuals called "MyAds." The service is similar to the Beverly Hills, Calif.-based social network's ad platform for large businesses, HyperTargeting, which made its debut in November 2007. Like HyperTargeting, MyA...
Memory chipmaker Micron Technology will cut its global workforce by 15 percent over the next two years due to a massive slowdown in demand for memory chip technology, the Boise, Idaho-based company said Thursday. Micron employs about 22,600 people, and said the cost of restructuring would be about $...
Technology giant IBM injected some much-needed good news into the stock market Thursday when it made a surprise announcement that its third-quarter profit beat Wall Street estimates by 4 cents per share. The financial report, which came a week early, sent shares of Big Blue up nearly 2 percent to ab...
Search engine giant Google has taken yet another step in its effort to monetize YouTube, the online video portal it acquired for $1.65 billion about two years ago. Now, YouTube users can click on advertisement links leading them to products offered for sale at online outlets like Apple's iTunes stor...
Advanced Micro Devices is splitting into two companies with the help of a massive cash infusion by investors in the United Arab Emirates capital Abu Dhabi. AMD will continue designing semiconductor chips for computers and servers. The spinoff, called "The Foundry Company," will focus on manufacturin...
Online auctioneering pioneer eBay announced it will slash 1,000 jobs and acquire online payment processor Bill Me Later for $820 million in cash and $125 million in outstanding options. The 1,000 layoffs will cut San Jose, Calif.-based eBay's total workforce by 10 percent and will result in a pretax...
Take-Two Interactive Software, maker of the immensely popular "Grand Theft Auto" video game series, has decided to remain independent after resisting Electronic Arts' persistent acquisition efforts over the past few months. Take-Two reportedly had engaged in discussions with other interested video g...
Computing giant HP has announced its intention to acquire storage software company LeftHand Networks for $360 million in cash. HP's move is an attempt to shore up its presence in the fast-growing IP storage segment of the data storage market. Unlike traditional storage area networks, IP storage ne...
Shares of Silicon Valley chip giant Intel closed up nearly 8.5 percent at just under $19 Tuesday on news that an equity analyst at investment bank Piper Jaffray upgraded the stock to a buy rating. The upgrade comes at a time when shares of other chipmakers such as Advanced Micro Devices and Texas In...
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