Business

Groupon Posts $3 Million Net Loss, Misses On Revenue
Groupon announced its third quarter results today, falling short of Wall Street forecasts. The results include consolidated revenue up 32% year-over-year at $568.6 million, which...
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RIM, HTC Losing Big Worldwide, Shows Analyst
It's widely known that RIM, HTC, and Nokia are in trouble in U.S. cell phone markets. As Samsung consolidates its power ove...
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Priceline To Acquire Kayak For $1.8 Billion
Priceline announced today that it has signed an agreement to acquire Kayak in a deal valued at $1.8 billion ( $40 per share of Kayak). Priceline will pay approximately $500 million...
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Foxconn Is Bringing Manufacturing Plants To The US [Report]
A big sticking point during the presidential debates this...
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Tim Cook Is a Technology Lightweight with No Sense of Loyalty, According to Former Apple Exec
When someone who used to work for a company starts talking smack about someone who currently leads said company, you have to question their motives. Nevertheless, when a former Ap...
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Oracle Acquires Instantis, Adds It To Primavera
Oracle announced today that it has acquired Instantis, a provider of cloud-based and on-premis project portfolio management solutions. The company will combine Instantis with i...
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Amazon Wine Marketplace Launches in 12 U.S. States
Online retail giant Amazon.com has just announced Amazon Wine, their new marketplace where users can shop thousands of...
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AT&T Fined $700,000 by the FCC Over Plan-Switching
The U.S. Federal Communications Commission this week issued an Enforcement Bureau consent decree stating that AT&T has agreed to...
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Analyst Predicts BlackBerry 10 Will Be ‘DOA’
BlackBerry 10 is going to turn everything around for RIM. It's going to propel the beleaguered smartphone manufacturer back into relevancy. At least, that the story that RIM's exec...
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Apple Ordered to Pay $396 Million in Patent Case
Apple's patent lawsuits have begun to turn on them. Though the world's most valuable tech company slapped down Samsung with a...
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U.S. Online Retail Spending Up 15% From Last Year
comScore put out some new data on U.S. retail ecommerce spending for the third quarter of 2012. It was up 15% from the same quarter in 2011. Online retail spending reached $41...
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These Professional Clickers Are Waiting to Make Your Content Go Viral
Clicks are everything, right? But of course, sometimes they are just too hard to come by. I mean, who has the time to develop and pursue a real viral campaign anymore? Your viral...
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AT&T to Spend $14 Billion Expanding Broadband Networks
AT&T today announced that it will invest $14 billion over the next three years to "expand and enhance" its wireless and wireline...
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Steve Jobs Now Has A Building Named After Him
You've seen the Steve Jobs statues,...
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Sprint Purchases Midwest Spectrum, Customers From U.S. Cellular
Sprint announced today that it will acquire PCS spectrum and customers from U.S. Cellular for $480 million. Parts of Illinois, Indiana, Michigan, Missouri, Ohio, and the Chicago a...
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