As personal technology goes, Digital Video Recorders (DVRs) are more than just a replacement for tape-based VCRs: They're a boon to TV watchers and the enemy of the traditional 30-second television advertising spot, for decades the single most powerful and lucrative form of brand advertising. Device...
In a move to extend its reach, NBC Universal on Monday agreed to buy iVillage, a leading online destination for women, for approximately US$600 million in cash. NBC Universal, which runs the NBC television network and the Universal film studio, will pay $8.50 in cash for each share of iVillage's sto...
In a move that could save it billions of dollars, IBM said it would freeze its pension plan within two years and shift more employees to beefed-up 401(k) programs. Big Blue said the shift was part of a "global strategy" of shifting retirement benefits to "the more predictable cost structure" of a 40...
Hoping to build on more than 30 years of chip-making history while embracing the changes buffering the semiconductor industry, Intel has unveiled a new branding strategy, shelving a familiar catchphrase and a 37-year-old logo in the process. The Santa Clara, Calif. chip-making giant said it would au...
Just days after Nortel Networks said it hired a former top-ranking executive at Motorola as its new CEO, hoping new blood at the top will help complete a lengthy turnaround, Motorola has sued to block the hiring and protect potential company secrets. Nortel announced Monday that CEO Bill Owens, wh...
Stocks tanked today as weak earnings from technology bellwethers and worries about both inflation and the overall health of the economy drove Wall Street to one of its worst performances in recent months. The Dow Jones industrial average lost 191.24 points, or 1.86 percent, to finish at 10,087.51. T...
Stocks ended a volatile and holiday-shortened week today with a mixed bag of results as oil prices rebounded and inflation remained a lingering concern. U.S. stock markets are closed tomorrow for the Good Friday holiday. The Dow Jones industrial today average fell 13.15 points, or 0.13 percent, to 1...
When it comes to developing a presence on the Internet, it takes far more than a catchy or easy-to-remember domain name. While it claims to be the first and largest registrar of domain names on the Internet, Network Solutions is expanding its range of services to meet the demands of both enterprise ...
U.S. stock markets were unable to sustain some early momentum today and ended up finishing lower on the session, finishing another dismal week in which earnings news took center stage. Though several bellwether companies posted strong earnings reports, weaker outlooks and some profit misses sparked ...
Stock markets slumped heading into the weekend, after a weaker-than-expected jobs report disappointed many investors. The Labor Department reported that the economy added about 96,000 jobs in September, well below estimates that closer to 150,000 workers would be added to payrolls. The unemployment ...
A bullish outlook for the third quarter and the rest of the year from Ford Motor Co. helped give stocks a lift to close out the week, but pressure from a spike in oil prices pared the gains. Ford said its financial services unit was largely responsible for the improved outlook, rather than boosted c...
Stocks closed out the week with a mild rebound as some high profile earnings reports had better-than-expected news. General Electric beat its own forecasts for second-quarter earnings. Earnings at the company rose 13 percent with future orders rising 29 percent, prompting CEO Jeff Immelt to say the ...
For the quarter ending August 2nd, Dell's revenue will reach $8.3 billion, up about 9 percent from last year's second quarter, and earnings are expected to increase by 19 percent. Analysts agree that Dell's build-to-order model for selling PCs and servers not only works well for current market co...
General Electric (NYSE: GE) subsidiary Global eXchange Services (GXS) Monday announced the launch of Express Marketplace, a Web-based emporium open to any Internet user
Daily
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I can't tell when apps use AI
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