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Nortel Headquarters

Trial Against Former Nortel Executives Begins in Ontario

Former Chief Executive Officer Frank Dunn, former Chief Financial Officer Douglas Beatty and former Controller Michael Gollogly are accused of altering financial results for the telecommunications company in order to reap millions of dollars in bonuses.
File photo of Google Inc's logo

Google, Facebook Oppose Web Control in High Court

Internet giants Google and Facebook told the Delhi High Court on Monday that it is not possible for companies to block offensive content that appears on their websites, in a case that has stoked fears about censorship in the world's largest democracy.
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Sanyo's Chinese Workers, Police Clash at Plant

Thousands of Chinese workers protesting over compensation and job security at a Sanyo Electric Co Ltd plant clashed with police in southern Shenzhen, media said on Monday, the latest outbreak of labor unrest in China's manufacturing hub.
Zappos Hacked: Top 5 Notorious Hacks of All Time

Zappos Hacked: Top 5 Notorious Hacks of All Time

Zappos, the online shoe and apparel retailer, urged its customers to change the password to their accounts, amid fears a cyber attack on the company's servers may have compromised names, e-mail and billing addresses, phone numbers and the last four digits of the credit cards of their 24 million customers.
Zappos Hacked: Top 5 Notorious Hacks of All Time

Zappos' Customer Database Compromised in Security Breach

We've spent over 12 years building our reputation, brand, and trust with our customers, said Hsieh in an apologetic note. It's painful to see us take so many steps back due to a single incident. I supposed the one saving grace is that the secure database that stores our customers' critical credit card and other payment data was not affected or accessed, the CEO added.
Microsoft CEO Steve Ballmer leaves the stage after the last opening Microsoft keynote at the Consumer Electronics Show opening in Las Vegas

Plodding PC sales weigh down Microsoft profit

Microsoft Corp is starting the new year much as it did the one just ended - grappling with weak computer sales tearing a hole in its core Windows business, while it gropes its way slowly into the faster-growing mobile phone and tablet markets.
CEO exits serve as warning to energy industry

CEO Exits Serve as Warning to Canadian Energy Industry

The sudden departures of two energy industry chief executives this week should serve notice to their counterparts that corporate boards and the shareholders they represent are no longer willing to tolerate weak management.
Workers prepare the booth for Samsung at the Consumer Electronics Show opening in Las Vegas.

CES 2012 -- Danger Signals for U.S. Competitiveness

Now that 153,000 people have exhausted themselves at the 2012 International Consumer Electronics Show in Las Vegas, an American visitor can't help thinking that the future of electronics is in Asia, not California's Silicon Valley or Texas.
A sign is seen outside the JPMorgan office in Los Angeles

JPMorgan Chase May Lose $5B - Report

JPMorgan Chase & Co could lose up to $5 billion from its exposure to Portugal, Ireland, Italy, Greece and Spain, Chief Executive Jamie Dimon said in an interview with Class CNBC, carried in Italian newspaper Milano Finanza on Saturday.
JPMorgan Chase & Co. CEO Jamie Dimon attends a session at the World Economic Forum (WEF) in Davos January 27, 2011.

Exposure to PIIGS Flu Could Cost JPMorgan $5 Billion: Report

JPMorgan Chase & Co. could lose as much as $5 billion due to its exposure to sickly Portugal, Ireland, Italy, Greece, and Spain, CEO Jamie Dimon said in an interview with Class CNBC, which was carried in the Italian newspaper Milano Finanza on Saturday.
Intel’s Lenovo K800 – Brief Review

Intel’s Lenovo K800 – Brief Review

The Lenovo K800, which was released on Tuesday at the 2012 Consumer Electronics Show (CES), will be the first smartphone powered by the Intel Atom Medfield chip. The phone is expected to hit the Chinese market in the second quarter of 2012.
Romney Gingrich

Romney-Gingrich Spar: The 'King of Bain' Video Goes Viral on Internet

Newt Gingrich might have denounced the errors in a Super PAC (political action committee) advertisement on Mitt Romney and asked them to withdraw it, but the trailer and the documentary titled King of Bain - When Mitt Romney Came to Town is still going viral on the Internet. The ad in the form of a 28-minute documentary was released by Winning our Future, a Super PAC that supports Gingrich.
Symantec Security Operations Center

Indian Hackers Offer Help to American Suing Symantec Corp.

A group of Indian hackers has offered support to an American man who filed a lawsuit against the Symantec Corp. by publishing source code from a 2006 version of Norton Utilities, a software program at the heart of the legal dispute.
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Adobe Offers CS6 Upgrade Pricing for CS3 and CS4 Users

Adobe has announced a special upgrade for current owners of to Creative Suite 3 and to Creative Suite 4, which would allow users to upgrade to Creative Suite 6 for photo-editing, illustration, and design applications upon its release.

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