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Facebook will make its public trading debut on Nasdaq on May 17, according to a TechCrunch report citing multiple anonymous sources ...
Google CEO Larry Page continued his testimony on Wednesday in the trial over whether his company violated Oracle's Java patents and copyrights. ...
If there were any doubts as to Oracle CEO Larry Ellison's attitude toward Google, those were dispelled in his testimony on Tuesday morning in a San Francisco U.S. District Court courtroom. ...
By 2020, the majority of U.S. consumers will use smartphones to pay for goods and services, concluded a new study from the Pew Internet & American Life Project and Elon University. ...
The Federal Communications Commission has taken action against Google, citing its efforts to impede the agency's investigation into its Street View project's possible privacy violations, and levying a fine on the company. However, the amount of the fine -- a mere US$25,000 -- has astounded onlookers. ...
Google has announced plans to issue a new class of stock to existing shareholders. Normally, a stock split is viewed positively by shareholders and the Street because it implies the company expects the stock to continue to grow. ...
Upscale retailer Nordstrom has become known for its advanced online initiatives in recent years. However, the store chain is pushing the envelope in this area with an investment in Bonobos, an etailer that specializes in well-tailored men's pants. The intriguing part of this investment, which reportedly totals US$16.4 million, is that Nordstrom will sell Bonobos clothes in 100 of its stores, as well as on Nordstrom.com.
Sage is getting ready to enhance its mobile payments offerings. Next month, the company will roll out Sage Exchange.com, an interface for Sage Exchange, which it introduced two years ago. ...
Earlier this week, Best Buy Chief Executive Officer Brian Dunn looked like a poor sap being unceremoniously shown the door after close to 30 years of service to the retailer. His crime? He wasn't quick enough, smart enough, visionary enough -- pick your favorite failing -- to right Best Buy's listing ship. ...
Google's US$12.5 billion acquisition of Motorola Mobility has been characterized, so far, by a few simple and overarching story lines: Will it be approved by U.S. and European regulatory authorities? Ditto for other countries' legal infrastructure, such as China. ...
When he announced plans to lay off 2,000 employees, Yahoo CEO Scott Thompson said it was a necessary step in the company's strategic plan to move forward. Critics noted, however, that Thompson had not explained exactly what that plan was. ...
News of Best Buy CEO Brian Dunn's resignation has resulted in some raised eyebrows, to say the least. There were no disagreements, Best Buy said -- the company and Dunn came to a mutual agreement that it was time for new leadership. ...
Facebook has snagged the highly popular photo-sharing application Instagram for $1 billion in cash and stock. It is among the biggest acquisitions in the social media space, second only to Google's $1.65 billion stock-for-stock purchase of YouTube in 2006 ...
Cloud contact center provider inContact has released the first of what will be three major upgrades to its flagship product this year ...
Oracle President Mark Hurd delivered a speech before Oracle OpenWorld Tokyo that emphasized the rapid buildup in analytical functionality the company has made in recent months. He touched upon previous developments, such as the Big Data Appliance announced at the start of the year, as well recent news, such as its update of Oracle Hyperion Enterprise Performance Management.
U.S. District Judge Robert Blackburn has upheld a permanent injunction on a Colorado law that would have required out-of-state online retailers to report their in-state customers' purchases to Colorado tax authorities and notify those customers of the resulting sales tax owed to the state ...
Rumors that Yahoo was prepping for a huge round of layoffs have turned out to be true. On Wednesday, the company announced it would lay off 2,000 employees under a plan designed to prepare it for the future ...
Amazon is testing a service that will let tablet users purchase items through mobile applications, according to Bloomberg. It is expected to enhance the Kindle Fire tablet's de facto role as a shopping conduit for its users. ...
The European Commission has opened two formal investigations of Motorola in response to grievances Apple and Microsoft filed against the company. The licensing fees Motorola charges for patented technologies used in products like the iPhone and Xbox are set unfairly high, the companies have alleged. ...
Groupon's announcement last week that it was revising its financial results for the fourth quarter has apparently caught the attention of the U.S. Securities and Exchange Commission. The agency is taking a look at Groupon's financials, The Wall Street Journal reported, citing an anonymous source ...
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