US eyes Google antitrust settlement
US regulators are likely to conclude a lengthy antitrust probe of Google's dominance of Internet searches with a voluntary settlement, news reports said Monday.
US regulators are likely to conclude a lengthy antitrust probe of Google's dominance of Internet searches with a voluntary settlement, news reports said Monday.
(AP)—Sprint Nextel has offered to buy out the minority shareholders of Clearwire for $2.1 billion in a deal that would give it total control of the flailing company and also more space on the airwaves for data services.
The failure of Rupert Murdoch's pioneering iPad newspaper The Daily underscores the problems of the news industry as it seeks a paid model for the digital age, analysts said.
Rupert Murdoch put the future of his newspaper and publishing empire in the hands of a fellow Australian on Monday as he set in motion the split of his media-entertainment conglomerate, News Corp.
(AP)—Online deals company LivingSocial is cutting 400 jobs worldwide, or about 9 percent of its work force, as the deals market continues to face challenges.
(AP)—Facebook's stock is climbing after an upgrade from an analyst who believes Wall Street is underestimating the company's potential to grow revenue.
Researchers in the UK have used artificial intelligence algorithms to analyze 2.5 million articles from 498 different English-language online news outlets over ten months.
(AP)—Shares of Apple jumped nearly 6 percent Monday, with one analyst calling a two-month sell-off in shares of the world's most valuable company "insanely insane."
(AP)—Viacom says net income grew 13 percent in the most recent quarter even as revenue fell more than Wall Street expected with the lack of a strong theatrical release.
Oil giant Chevron was struck by the Stuxnet virus, a sophisticated cyber attack that tore through Iran's nuclear facilities and is believed to have been launched by the United States and Israel.
(AP)—Groupon, the No. 1 online deals service, says it had a small loss in the third quarter as higher revenue failed to make up for stock compensation and other expenses.
Financial news and information group Thomson Reuters said Friday third-quarter profit rose 25 percent from a year ago to $462 million, led by its financial and audit services.
US daily newspapers gained online readers over the past six months, but not enough to make up for declining print circulation, industry data showed Tuesday.
(AP)—Amazon's stock is falling after the world's largest online retailer reported third-quarter results below Wall Street's expectations, including a large loss that was weighed by its stake in online deals service LivingSocial.
Just weeks after its momentous launch of the iPhone 5, Apple is back with what is expected to be another hot gadget— a "mini" version of its market-leading iPad tablet.