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Verizon profit falls 30 pct on restructuring costs

(AP) -- Verizon Communications Inc. reported a 30 percent drop in third-quarter earnings Monday as it couldn't sign up enough new subscribers to offset higher costs from laying off workers and absorbing an acquisition.

CenturyLink 3Q net income falls as expenses rise

(AP) -- Phone company CenturyLink Inc. says its third-quarter net income fell as rising operating expenses related to its April acquisition of larger phone company Qwest overshadowed increased revenue.

Facebook acquires mobile app maker Acrylic

The engineer behind Canadian startup Acrylic said Friday that he was closing up his one-man shop and joining the design team at leading social network Facebook.

Over-confident CEOs can put companies at risk, research shows

CEOs need to demonstrate strong leadership and good decision-making skills, but CEOs with over-confidence can involve their companies in riskier ventures and put investors' funds at risk, according to a new study from the ...

Intel buys McAfee for $7.7B in push beyond PCs (Update 3)

(AP) -- Talk about a new meaning for "Intel Inside." Intel Corp. wants to be inside your television. And your cell phone. And your car. And pretty much any other device that could one day connect to the Internet and require ...

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