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AP - 1 hour , 35 minutes ago
Data storage company EMC Corp. has lowered its 2009 profit forecast because of a $100 million charge it will take this quarter from a restructuring of international subsidiaries.
 
  • Top 2 booksellers report losses, their shares fall
    AP - 2 hours , 12 minutes ago
    Barnes & Noble Inc. and Borders Group Inc., the nation's two largest brick-and-mortar book sellers, both posted quarterly losses Thursday and forecast a difficult holiday season, saying competition from discount chains and online retailers is stiffening.
  • Facebook creates dual-class stock structure
    AP - 2 hours , 34 minutes ago
    Facebook has created a dual-class stock structure designed to give founder Mark Zuckerberg and other existing shareholders control over the company.
  • Google documents Iraqi museum treasures
    AP - 2 hours , 42 minutes ago
    Google is documenting Iraq's national museum and will post photographs of its ancient treasures on the Internet early next year, Google chief Eric Schmidt announced Tuesday.
  • Senators press EU to speed its Oracle-Sun probe
    AP - 3 hours , 29 minutes ago
    U.S. senators are pressuring European antitrust regulators to hurry their investigation of Oracle Corp.'s proposed acquisition of Sun Microsystems Inc., citing Sun's "precarious" financial condition and fears about more layoffs at the struggling computing company.
  • Rare economic espionage case ends in jury deadlock
    AP - 4 hours , 19 minutes ago
    Two men accused of the rare charge of economic espionage against the U.S. have been acquitted on two counts, but they could face a retrial on three other counts on which a jury deadlocked.
  • EU drops Qualcomm antitrust probe
    AP - 6 hours , 6 minutes ago
    European Union antitrust regulators on Tuesday dropped a monopoly abuse probe into wireless chip maker Qualcomm Inc. after mobile phone companies withdrew complaints about high royalty fees.
  • Barnes & Noble reports 2Q loss, cuts guidance
    AP - 6 hours , 7 minutes ago
    Barnes & Noble on Tuesday posted a larger second-quarter loss than last year and lowered its profit forecast for this quarter in anticipation of weak holiday sales and high costs of launching its electronic book reader, the Nook.
  • Nokia to ax 220 R&D jobs in Japan
    AP - 6 hours , 8 minutes ago
    Nokia Corp. said Tuesday it is axing 220 jobs at research and development units in Japan as the world's largest mobile phone maker continues to cut costs.
  • Key scientist says politics behind stolen e-mails
    AP - 18 hours , 37 minutes ago
    A leading climate change scientist said hackers breaking into a university's computer server and then posting documents online show the nasty politics of global warming.
  • On The Call: HP CEO on 3Com acquisition
    AP - 20 hours , 42 minutes ago
    One area where Hewlett-Packard Co. is expanding aggressively is computer networking, the home turf of market leader Cisco Systems Inc. Earlier this month HP announced plans to buy Cisco competitor 3Com Corp. for $2.7 billion to supplement HP's own line of networking gear.
  • Brocade 4Q profit drops on costs; backs guidance
    AP - 20 hours , 56 minutes ago
    Networking gear maker Brocade Communications Systems Inc. said Monday its fourth-quarter profit fell 6 percent as hefty costs offset a surge in revenue, but reiterated its guidance for fiscal 2010.
  • Retailers look to stretch out Cyber Monday push
    AP - 1 day , 1 hour ago
    Retailers are thinking beyond Cyber Monday -- a holiday marketing promotion many push for the Monday after Thanksgiving -- and trying to spin their discounts into into Cyber Weekends or even Cyber Weeks.
  • Canada woman to fight insurance co. over Facebook
    AP - 1 day , 2 hours ago
    A Canadian woman on sick leave for depression said Monday she would fight an insurance company's decision to cut her benefits after her agent found photos on Facebook of her vacationing, at a bar and at a party.
  • Motorola, Research in Motion sued over voicemail
    AP - 1 day , 3 hours ago
    Patent holding company Klausner Technologies Inc. on Monday said it's suing Motorola Inc. and the maker of BlackBerry smartphones for allegedly violating its patent for visual voicemail.
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