Microsoft Corp. will focus on growing its own advertising and Internet search business after it withdrew its takeover offer for Yahoo Inc., Chairman Bill Gates said Friday.
Shares of Sonus Networks Inc. rose Friday after the Internet Protocol equipment and software maker said it swung to a profit in the first quarter, surprising an... (May 09, 2008; 10:08AM)
A Citi Investment Research analyst began covering shares of U.S.-based solar power companies Friday, saying First Solar Inc. is one of the few companies that wi... (May 09, 2008; 9:19AM)
Standard & Poor's Ratings Services lowered its ratings on Stamford, Conn.-based telecommunications service provider Citizens Communications Co. to 'BB' from 'BB... (May 09, 2008; 8:23AM)
Broadband services provider Windstream Corp. said Friday its first-quarter profit climbed 24 percent on customer growth. Net income rose to $123.7 million, or 2... (May 09, 2008; 7:39AM)
Clear Channel Communications Inc. reported Friday its first-quarter profit soared due to asset sales, an investment gain and higher revenue, but earnings from continuing operations were flat. (8:44 AM EST)
Osiris Therapeutics Inc. announced today it entered in a deal with NuVasive Inc. to sell its business Osteocel for up to $85 million in upfront and milestone payments. (May 09, 2008 2:45AM)
Guidance Software Inc. said on Thursday it had a loss of $2.68 million or 12 cents a share on the first quarter from $1.86 million or 8 cents a share the previous year. (May 09, 2008 1:55AM)
After coming under fire by parents groups for its lax safety protocols to protect minors from online predators, Facebook has agreed to increase its efforts to keep its young users safe from cyber bullies, porn, pedophiles and other online hazards. (May 08, 2008 9:02PM)
Federal regulators have won a court order freezing the assets of a Michigan man they accuse of bilking $72 million over the Internet from more than 3,000 investors around the world. (May 08, 2008 7:19PM)
Google Inc.'s top executives on Thursday expressed hope that the Internet search leader will be able to form a potentially lucrative advertising partnership with Yahoo Inc. _ a deal that would lower the odds of Microsoft Corp. renewing its attempts to buy Yahoo. (May 08, 2008 6:49PM)
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