Mike Fossum

Samsung and Sony have both commenced barring retailers from discounting television sets to protect profits, in an attempt to cut down on ‘showrooming.’ Showrooming is the practice of consumers going into a big box retailer and then likewise buying the …

Facebook, which is currently being sued over an allegedly botched IPO, is set to open an office in the global city of Dubai next week, right near the nameless body of water featured on Google Maps, which Iran points out …

In Google’s drawn-out court proceedings regarding Oracle’s accusations that the search giant infringed upon Java API patents in the development of its Android operating system, a jury has just found that no copyrights were violated. Google released a statement on …

British journalist Mehdi Hasan, who once referred to all non-Muslims as being “animals,” has been appointed as the Huffington Post’s political director in the U.K. Hasan has parted ways with British left-wing political magazine the New Statesman, though will continue …

Toyota has again beat out General Motors to become the world’s largest car manufacturer. In the first quarter of 2012, Toyota sold 2.49 million cars, again pushing ahead of GM, who sold 2.28 million. Coming in at number three is …

Back in February, computer hardware giant Dell projected a revenue growth of 5 to 9 percent for 2012, though now the company reports that it’ll likely miss this estimate. Dell has just projected that 2nd quarter revenue would sit between …

Maryland Facebook investor Phillip Goldberg has just filed a complaint against Nasdaq OMX Group Inc. regarding “badly mishandled” trades upon the social network’s IPO. Goldberg aims to represent a group of investors who saw orders not processed correctly, which prompted …

SAP, a German software company Oracle recently went after for an amended $777 million over copyright infringement, has just acquired information technology services company Ariba for $4.3 billion, to bolster its cloud service offerings. The merger is expected to be …

Printing company R.R. Donnelley & Sons Co. has announced that it will acquire financial data firm EDGAR Online for roughly $38.6 million, which would expand its digital product offering. Along with debt and a payment equal to the redemption price …

Google Inc., noted patent hawker, which finally acquired Motorola for $12.5 billion today, also paid about $10 million for another set of patents owned by a now-bankrupt portable network device company called TeraHop. For a bit of backstory, TeraHop, based …

Facebook CEO and newlywed Mark Zuckerberg will take a $1 salary in 2013, and likewise forgo cash and stock bonuses, as well the use of Facebook services, including aircraft and financial and estate planning for his personal use – all …

Google just announced on its Small Business Blog a new platform to help small business owners build their Google sites, called Webmaster Academy. In a 19-step process, users can: – Learn how Google works – Make sure Google knows about …

The SEO Company, an English search engine optimization specialist, has teamed up with Louisville, Kentucky-based e-marketing company NowSourcing, to produce the Social Media 2012 Infographic. Pinterest’s meteoric rise is mentioned, though recent reports have noted a loss of popularity. Hacker …

Facebook stock closed at $34.03 per share yesterday, and some speculate that there truly is no limit on how low it can go. Several factors have likely contributed to the sensational IPO’s less than stellar performance. NASDAQ had allegedly suffered …

Facebook, presently under a scanning electron microscope as the smoke clears post-IPO, is now under fire for allegedly removing photos posted of a child with a congenital birth defect. Hundreds of users had been sharing photos of Grayson James Walker, …

As investors wonder why Facebook stock isn’t skyrocketing, with some suggesting that the social network was aware of potential problems by possibly filing a rumored reduced guidance, which is essentially a bad forecast of future business – now another rumor …

AMC Entertainment, the second largest movie theater chain in North America, is being acquired by Beijing-based Dalian Wanda Group Co. Ltd. for $2.6 billion, which will create the world’s largest cinema company. AMC Theaters (American Multi-Cinema) currently has about 5,325 …

Former Rutgers University student Dharun Ravi, 20, was sentenced to 30 days in jail, along with 3 years probation, for his use of a webcam in spying on his former roommate, which resulted in his suicide. Ravi was found guilty …

Google’s YouTube, launched in 2005, has hit 72 hours of video content uploaded per minute, in a steady ascent. By 2007, users were adding six hours of video per minute – by January of 2009, that number hit 15 hours, …

It was recently reported that Apple Inc. has teamed up with Foxconn, the Chinese supplier of iPhone and iPad devices, to improve the labor conditions in its manufacturing facilities. And now China Daily reports that Foxconn is investing $210 million …

Bright House Networks, Cablevision, Comcast, Cox Communications and Time Warner Cable are teaming up to combine their wifi networks to create roughly 50,000 new wireless hotspots. The companies are calling the new partnered network “CableWiFi,” and was first installed in …

It was recently reported that Verizon will be ending tiered data plans, and to further upset its customer base, it will likewise be raising it’s FiOS bundled internet access, telephone and television service rates. Verizon CFO Fran Shammo states, “Look, …

During the time before Facebook’s IPO, Mark Zuckerberg and Co. had been making their rounds to woo investors, and to better explain the direction of their company. Some of the suits feared Zuckerberg’s fashion sense, and some questioned Facebook’s viability …

Media mogul Rupert Murdoch congratulated Mark Zuckerberg on Facebook’s IPO, and urged him to continue working. Murdoch, who in the past lamented a lack of civility on Twitter, still takes to the platform to project his varied musings. Here he …