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Lenovo's CEO told a French newspaper this week that the computer maker would be open to exploring a BlackBerry buyout It is not the first time a Lenovo executive has publicly stated interest in the struggling smartphone company. In January, Chief Financial Officer Won Wai Ming said his company was exploring a variety of opportunities, including a B...
Motorola Mobility announced another round of layoffs Friday, alerting its workers that it plans to cut 1,200 jobs, or about 10 percent of its current work force It is the second round of layoffs since the company was acquired by Google last May in a US$12.4 billion deal. Motorola announced the first round of 4,000 job cuts -- about 20 percent of it...
Pandora exceeded Wall Street expectations with its quarterly earnings report Thursday, sending the company's stock soaring. The streaming music service still faces the inherent challenges in its sector, however -- namely rising royalty costs and how to monetize a mobile presence In addition to the earnings report, CEO Joe Kennedy announced he will ...
Apple's iPhone grabbed the first place spot in U.S. smartphone sales during the holiday quarter, increasing its lead over rival handsets before Samsung, BlackBerry and other competitors launch new devices this spring The company took a 37.8 percent share of the domestic smartphone market during the three months ending in January, according to the l...
Verizon wants complete control of its joint Verizon Wireless division with Vodafone, so it is reportedly considering a merger of the two companies or a buyout Vodafone currently holds a 45 percent stake in the wireless venture, estimated to be worth about US$115 billion. The two have discussed a merger as recently as December, according to publishe...
The White House agreed Monday with consumers who want to be able to legally unlock their mobile phones and tablets and move them to the carrier of their choice The Obama administration's statement was in response to a petition on the White House's We The People forum that disagreed with the Library of Congress' decision last fall to make unlocking ...
Google and other aggregators won a partial victory Friday in the lower house of the German parliament, where lawmakers approved legislation that would allow publishers to protect their digital copyrights by charging to fully reproduce their content. Questions remain about whether other countries -- particularly the U.S. -- could follow Germany's example...
Barnes & Noble reported this week that it will be rethinking strategy for its Nook division, since slow sales of its e-reader led to a tough recent quarter for the nation's largest book retailer The company reported an overall total revenue slump for its third quarter, down 8.8 percent to US$2.2 billion. Before interest, taxes, depreciation and amo...
Barnes & Noble reported this week that it will be rethinking strategy for its Nook division, since slow sales of its e-reader led to a tough recent quarter for the nation's largest book retailer The company reported an overall total revenue slump for its third quarter, down 8.8 percent to US$2.2 billion. Before interest, taxes, depreciation and amo...
Facebook users will soon see ads in their feeds that are more specifically targeted to what they like and where they've shopped -- both online and offline -- thanks to a series of agreements with data companies announced Wednesday. The agreements expand the social network's Custom Audiences program released last September, which was designed to al...
The Department of Defense announced Tuesday it would be opening up its communications platform to allow Apple and Android tablets and smartphones, a move that acknowledges the impact of mobile technology in the civilian world while also increasing the potential for added security risks The DoD announcement is part of a new mobile device strategy be...
Yahoo CEO Marissa Mayer needs all employees close as she tries to fix the ailing company's problems. That means beginning in June, Yahoo employees who have been able to work from home will be asked to head back into the office, according to a company human resources memo Some of Yahoo's most important "communication and collaboration" come from imp...
Twitter launched an API for advertisers Wednesday, a move designed to help the social network boost revenues to better compete with its Internet ad competitors The company has had an ad structure in place since 2010, when it launched its Promoted Tweets program, which allows advertisers to push 140-character ads on user feeds. The time is right, ho...
Dell reported another quarter with a drop in sales and profits, but its Q4 earnings Tuesday did beat analyst expectations, thereby putting a hotter spotlight on its proposed US$24.4 billion leveraged buyout deal The company reported a net income of $530 million, or 30 cents per share, a 31 percent drop from the same time a year ago. Its revenue for...
HTC launched its newest smartphone Tuesday, sporting a revamped interface and new entertainment features ...
Facebook is allowing users with a little extra money to promote the status updates, photos or videos of a friend on the social network, according to multiple media reports The world's largest social network uses certain algorithms to determine which posts get the most traction on Facebook. Users are more likely to see status updates from people the...
Groupon got a stock bump this week following an analyst's upgrade, a rare occurrence for the daily deal site that has seen its stock price plummet since its debut on the public market The company's evolving business model, an increasing presence in mobile commerce and an international push can help the online coupon dealer hit US$9 per share over t...
Comcast announced Tuesday it will pay US$16.7 billion to acquire General Electric's 49 percent stake in NBCUniversal Comcast currently controls 51 percent of NBCU, which it picked up from GE in a deal that was finalized in 2011. The agreement was structured to allow Comcast to eventually acquire 100 percent of NBCU, and it decided to accelerate tha...
Google Executive Chairman Eric Schmidt might sell as much as 42 percent of his shares in the tech giant, according to an SEC filing At the stock's current price of around US$785 per share, the sale could yield about $2.5 billion for Schmidt. He currently owns about 7.6 million shares of Class A and Class B common stock....
Apple lands the top spot among PC makers for the holiday quarter -- as long as the iPad is included in the figures, according to the latest report from Canalys. The market research firm, which includes tablets in its worldwide PC numbers, reported this week that overall PC shipments increased 12 percent in the fourth quarter of 2012, with 134 mill...
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