Fund managers shop for tech bargains
Top technology companies warrant a fresh look as earnings season hits full swing next week after their shares were hard hit by sputtering PC sales and supply issues following Japan's largest-ever earthquake.
Windows Mango Upgrade Gets Internet Explorer 9
Revealed at this year's MIX conference, the announcements are mostly focused on how developers will be able to take advantage of the operating system's new features.
FBI Takes Down Coreflood Botnet
A few weeks following the Rustock take down, the FBI rids the world of the Coreflood botnet.
When AK-47s meet mobile phones: Syria's web activists
In Tunisia and Egypt, Facebook vied with Down with the regime on graffiti-filled walls -- so central were social media to mobilizing mass protests that overthrew their authoritarian rulers.
Goldman drags on S&P but consumer staples help Dow
Stocks slipped on Thursday as Goldman Sachs pulled financials lower and an unexpected rise in jobless claims added to bearish sentiment that put the S&P on track for its fifth day of losses in six.
Fed officials: inflation muted, policy on course
The recent surge in oil prices is no prelude to broader price increases that would force the U.S. Federal Reserve to raise interest rates, two top Fed officials said on Thursday.
Ford F-150 recall greatly expanded: regulator
Ford Motor Co and U.S. safety regulators have agreed to a greatly expanded recall of the best-selling vehicle in North America, the Ford F-150 pickup truck, the regulators said.
Blackberry Playbook: Impressive, But Unfinished
The unfinished feel of the BlackBerry Playbook is shared with many of its competitors.
Best Buy to open more online, mobile stores
Best Buy plans to boost its Web presence and open a greater number of small stores in the United States targeting mobile customers in an effort to win back market share from the likes of Amazon and Wal-Mart.
AT&T, T-Mobile to file with FCC around April 21
AT&T Inc and T-Mobile USA plan to file paperwork about their planned merger with the Federal Communications Commission next week.
Glencore turns to familiar names for board roles
Glencore, the Swiss commodity trader, named former BP Chief Executive Tony Hayward to lead a five-strong team of independent directors, as it launched a flotation that could top $12 billion.
Glencore seeks up to $12.1 billion in IPO, names chair
Top commodity trader Glencore aims to raise up to $12.1 billion with a dual listing that will boost firepower for deals at the height of a resources boom and make paper fortunes for its publicity-shy partners.
Instant view: Jobless claims unexpectedly rise last week
New U.S. claims for unemployment benefits unexpectedly rose last week, bouncing back above the key 400,000 level, a government report showed on Thursday.
FCC To Take A Hard Look At T-Mobile, AT&T Deal
AT&T and T-Mobile will have to prove to the Federal Communications Commission that their merger won't damage competition or stifle technological innovation.
Alcatel mulls corporate telecom gear unit sale: sources
Alcatel-Lucent may dispose of the part of the company that sells phones and telecom gear to corporate clients, three people familiar with the matter said, though it was not clear if Alcatel had mandated advisers.
Bet on tech for growth: John Calamos
Veteran money manager John Calamos, who heads funds managing assets of close to $38 billion, reckons technology stocks are a good bet for now as U.S. companies invest in innovation.
Wall St falls on inflation, defensive shares gain
Stocks fell on Thursday after an unexpected rise in jobless claims and concerns about higher inflation overseas pushed investors toward defensive stocks.
Justin Bieber breaks up with Twitter
While his relationship with Selena Gomez may be going strong, pop sensation Justin Bieber has decided to put an end to another one.
Video game developers group slams Amazon pricing
A group representing individual video game developers has accused Amazon.com Inc of setting pricing terms that could harm them in the long run and of trying to win a near monopoly selling games made on Android software.
Report says Goldman duped clients on CDO prices
In a frenzy to protect its interests at the start of the credit crisis, Goldman Sachs Group Inc sold mortgage-linked derivatives to clients at inflated prices and misrepresented the nature of the deals, according to documents released by a Senate subcommittee.
Hasbro quarterly profit falls
Hasbro Inc reported a fall in quarterly profit and sales on sluggish demand for games, puzzles and preschool toys in its seasonal weak first quarter.
Regulators probe whether banks colluded in Libor: report
U.S. regulators are probing whether some major banks colluded to manipulate a global benchmark interest rate before and during the financial crisis, the Wall Street Journal reported, citing people familiar with the situation.
Hasbro profit tumbles; still bullish on 2011
Hasbro Inc's first-quarter profit fell almost 71 percent on higher costs and sluggish demand for games, puzzles and preschool toys in a seasonally weak period.
U.S. inflation seen picking up but no grave threat: Reuters poll
U.S. inflation is likely to climb higher than previously thought but the recovery will not stall as interest rates will be held down until early next year, according to the latest Reuters poll of economists.
Supervalu profit beats, shares surge
Supervalu Inc , the third-biggest U.S. supermarket chain by sales, said Thursday that more effective promotions fueled quarterly profit that topped its own expectation, and shares surged 13 percent.
Sony and MGM team up for next James Bond films
The LA Times is reporting that Metro-Goldwyn-Mayer and Sony Pictures have come to an agreement to partner on the next two James Bond movies. Within this agreement there is also potential to co-finance other pictures over the next five years.
Spotify to cut back free music in Europe
Spotify, the popular European online music service, has told record labels it will cut down the free music it allows users to access without a paid subscription, according to people familiar with the plan.
Wall St weighed by worries about inflation, job market
Worries about higher inflation and signs of job market weakness prompted investors to sell stocks on Thursday.
Japanese Government Blinded To Quake Danger, Scientist Says
A seismologist at the University of Tokyo is blasting Japanese officialdom for building seismic hazard maps based on the idea that some earthquakes could be predicted, and called on the government to admit that they can't.
Credit raters triggered financial crisis: panel
Moody's Corp and Standard and Poor's triggered the worst financial crisis in decades when they were forced to downgrade the inflated ratings they slapped on complex mortgage-backed securities, a U.S. congressional report concluded on Wednesday.