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IBM Offers Business-Friendly Social Networking Tool

IBM announced Monday a new set of social networking tools that offer enterprise-wide, controlled MySpace-style environments to corporations ...

Motorola to Cut 3,500 Jobs After Profits Fall

Motorola said Friday it would cut 3,500 jobs worldwide in coming months after turning in a disappointing profit for the fourth quarter, despite a strong surge in sales of its mobile devices ...

IBM Stock Drops Despite Higher Profits

IBM posted sharply higher profits for its fourth quarter as software and services paced the technology giant, but some weakness in hardware sales led investors to sell off Big Blue shares ...

eBay Vows to Make Security a Top Priority in 2007

Increasing the security of eBay's massive and growing auction and sales platform will be a top priority during 2007, according to company executives ...

Intel Profits Shrink Amid Chip Price Wars

Fierce price competition in the computer chip sector caused market leader Intel to see far lower profits in the fourth quarter, even though sales were up strongly ...

Skype Creators to Launch Internet TV Platform

The creators of the peer-to-peer VoIP network Skype and the controversial file-sharing site Kazaa have unveiled their latest startup: Joost, an Internet TV company that they claim will revolutionize Internet-based television ...

Netflix Launches Video-on-Demand Service

Hoping to keep itself relevant as more consumers seek video on demand via the Internet, Netflix launched a Web initiative Tuesday that gives subscribers the option of downloading and instantly watching movies online ...

PayPal to Offer Members Increased Security Option

Intending to boost consumer confidence in its online payment system -- and to thwart the scourge of phishing attacks aimed at its users -- eBay's PayPal will begin offering customers the option of using a password-generating device to beef up security ...

Military Examining Bank Records in Terror Fight

Utilizing a little known Pentagon power, the military and the CIA are obtaining and scrutinizing the banking and credit records of Americans in their search for terrorist and spying suspects ...

One Laptop Per Child Group Weighing Sales Options

A group founded to develop and distribute ultra low-cost computers to children in developing countries is mulling possible commercial outlets for their machines, including using eBay as an inexpensive sales channel ...

AMD Shares Plunge on Weak Forecast

Advanced Micro Devices, the world's second-largest microprocessor maker, warned Thursday that its fourth quarter results would come in below previous expectations. The news sent the company's shares spiraling and raised questions regarding the overall strength of the technology sector ...

Intel Countersues Transmeta as Patent Dispute Grows

Three months after being sued by Transmeta for patent infringement, Intel fired back at the smaller chipmaker this week, filing a countersuit that claims Transmeta is using up to seven of Intel's patented technologies without permission ...

Sprint Shares Hammered After Sales and Profit Miss

Shares of Sprint Nextel plunged Tuesday after the wireless company warned that its growth for the current year would not meet earlier forecasts. The company also said it planned to slash 5,000 jobs from its payroll ...

Holiday E-Commerce Recap: Rising Tide, but Some Leaky Ships

With sales up more than 20 percent, more e-commerce outlets than ever before and relatively few high-profile snafus compared to previous years, the holiday season of 2006 might be seen as an unqualified success ...

RealNetworks Launches Partnership Barrage at CES

RealNetworks Monday unveiled a slew of partnerships aimed at competing with the likes of Apple and Microsoft to deliver digital content to multiple devices. The announcements came amid a frenzy of product releases from technology giants as the annual International Consumer Electronics Show (CES) got under way in Las Vegas ...

NCR Splits Businesses, Setting Teradata on Independent Course

NCR, the world's largest maker of automatic teller machines, said Monday it planned to split itself into two independent public companies by spinning off its fast-growing Teradata Data Warehousing unit ...

XM Nears 8 Million Customers Despite Slower Subscriber Growth

XM Satellite Radio said Friday it added 1.7 million new subscribers during 2006, giving it some 7.6 million subscribers as it continues to lead rival Sirius (Nasdaq: SIRI) in terms of total customers ...

Motorola’s Weak Earnings Forecast Hits Handset Sector

Possibly signaling an end to a period of mostly feel-good news for the wireless handset industry, Motorola on Friday said it would fall short of fourth quarter forecasts for sales and profits, leading to speculation that a price war may be in the offing ...

Late Shoppers Push 2006 E-Tail Tally Over $100 Billion

E-tailers rode a strong holiday season to record-smashing sales for 2006, with revenue topping US$100 billion for the first time, according to the latest data from comScore Networks ...

Cisco Buys IronPort for $830 Million

In a bid to further broaden its product offerings beyond core Internet gear, Cisco Systems said Thursday it would buy security software maker IronPort in a deal valued at US$830 million ...

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