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Investors Batter Cisco on Anemic Outlook

Cisco's first-quarter revenue rose 17 percent and profit jumped 37 percent, but the networking gear maker's shares took a beating after it failed to provide a more upbeat forecast ...

AOL Caps Ad Firm Buying Binge With Quigo

AOL will buy the content-targeted advertising specialist Quigo, signaling that an aggressive spending spree meant to make it more of a player in the Internet advertising marketplace may be coming to a close ...

MySpace, Facebook Hone Their Advertising Aim

The two leading social networking sites -- Facebook and News Corp.'s MySpace -- are both launching advertising programs this week aimed at allowing marketers to tightly target their audiences by using information from user profiles and other data ...

Diller Slices IAC Empire Into Five Pieces

Seeking to unlock value from a years-long acquisition spree, IAC/Interactive said Monday it will split into five publicly traded companies, leaving the Ask.com search engine as the core IAC holding, along with other Internet interests ...

CreditCards.com Takes Swipe at $185M IPO

CreditCards.com, a Web-based distributor of credit cards to consumers, hopes to raise as much as US$185 million through an initial public offering (IPO), the company said Friday ...

Viacom’s Fortunes Rise on ‘Transformers,’ Ride on Transformation

Media giant Viacom, which has invested heavily to expand its footprint on the Web, said its "Transformers" movie franchise and the sale of its music publishing business helped it record an 80 percent jump in third-quarter earnings ...

Cisco’s China Investment Mushrooms to $16 Billion

Cisco on Thursday unveiled a long-term plan meant to significantlyexpand its presence in China, saying it would spend as much as US$16 billion -- nearly double the $8.5 billion it has spent in the past five years -- to build out the footprint it started there nearly 14 years ago ...

IBM Places $1.5B Bet on Security Push

IBM on Thursday unveiled a slew of new security products and services, and said it would continue to invest heavily in security innovations to address customer needs for a more comprehensive approach to information technology risk ...

Dell Spends $92M to Put Financial Shenanigans in the Past

In a move that could finally help clear up a cloud that has hung over the company for more than a year, Dell on Tuesday restated earnings for four full fiscal years and part of a fifth, cutting its net income over that time by US$92 million in the process ...

Sirius Draws More Subscribers, Trims Loss

Satellite radio provider Sirius reported Tuesday that it added more than a half-million new subscribers in the third quarter, growth that helped it narrow its financial losses ...

FCC May Forbid Exclusive Cable Deals With Apartment Complexes

In a move that could create millions of potential new customers for telecommunications companies now hawking video service and deal a blow to cable companies, the Federal Communications Commission (FCC) appears poised to ban deals that give cable carriers exclusive access to residents of large apartment complexes ...

Verizon Q3 Earnings Slip 34 Percent While Revenue Perks Up

Verizon Communications' earnings fell compared with a year ago, but the company still managed to beat forecasts as it grew revenue on the strength of its wireless business and its small but fast-growing television services ...

Many High-Tech Manufacturers Taking Major Security Risks

Many high-technology manufacturers are knowingly putting their intellectual property at risk by collaborating with partners and suppliers with communication tools that they don't consider secure, according to a survey Microsoft commissioned ...

Microsoft Basks in ‘Halo 3’s’ Glow

Microsoft posted strong first-quarter earnings Thursday and issued a buoyant forecast, capping a week of positive news for the software giant and prompting investors to send its shares to new high levels for the year ...

Microsoft Goes Cheek to Cheek With Facebook

Microsoft will pay US$240 million for a small ownership stake in Facebook and the right to deliver ads to its members around the world, a move that values the four-year-old social networking firm at $15 billion ...

Amazon Shares Slide Despite Stellar Q3

Amazon's stock was down about 12 percent Wednesday despite posting earnings that were better than expected and predicting a record holiday quarter, as a lower-than-expected profit outlook weighed on investors ...

A Plethora of One-Stop Shops for Small Biz Tech

One by one, major technology vendors are rolling out programs meant to offer small businesses the chance to source all of their tech needs, from desktop and mobile PCs to printers, servers and software to support it all ...

BEA Balks at Oracle’s Ultimatum on Buyout Offer

Hoping to turn up the heat on BEA's board of directors, Oracle on Tuesday set a deadline for the company to accept its US$6.7 billion buyout offer ...

Dell Digs Deeper Into Retail Turf With Staples Deal

Dell on Monday added office superstore Staples as another partner to its growing roster of retailoutlets as it changes its strategy in a bid to grab back lost marketshare ...

Microsoft Ends Resistance to EU Antitrust Ruling

Microsoft will not appeal the 2004 ruling against it by European antitrust regulators any further and has reached an agreement to bring it into compliance with all aspects of the ruling's wide-ranging penalties ...

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