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Groupon's announcement last week that it was revising its financial results for the fourth quarter has apparently caught the attention of the U.S. Securities and Exchange Commission. The agency is taking a look at Groupon's financials, The Wall Street Journal reported, citing an anonymous source ...
Visa has dropped Global Payments from the list of companies that it deems compliant with its security policies following news that the third-party vendor experienced a security breach that could have compromised some 1.5 million Visa and MasterCard accounts. ...
It finally has happened -- the number of U.S. mobile subscribers who own smartphones is just about equal to the number who own feature phones, according to new data from Nielsen Wire ...
Yahoo has been at work developing a header solution that will implement Do Not Track compliance across its global network by early this summer. The news follows the final report released by the Federal Trade Commission this week that, among other points, calls on companies to make privacy options simpler and more transparent to consumers. ...
Research In Motion's recently appointed CEO Thorsten Heins emerged from his self-imposed 10-week quiet period by dropping a number of bombshells. Former co-CEO Jim Balsillie has resigned from the board of directors. Several other executives, including Chief Technical Officer David Yach and Chief Operating Officer Jim Rowan, are also leaving, according to reports...
Best Buy is taking an ax to its big box retail business model. The company plans to close 50 of its larger stores and test new store formats in San Antonio and Minneapolis ...
It appears that Yahoo and shareholder Third Point are digging in for a contentious proxy fight ...
Microsoft is stepping up its cloud strategy, with the announcement that it will port its Microsoft Dynamics enterprise resource planning software to Windows Azure this year. ...
Gmail sales productivity application Yesware does not align with any particular CRM vendor or industry or even sales methodology. That possibly accounts for its wide- ranging and especially large user base, founder and CEO Matthew Bellows told CRM Buyer ...
Zynga has inked a deal to acquire OMGPOP, maker of the wildly popular "Draw Something," as well as 35 other social games. When it joins the Zynga fold, OMGPOP will focus on building new mobile products for Zynga. ...
In a sweeping reorganization of its operations, HP is merging its Imaging and Printing Group with its Personal Systems Group, the unit that makes the company's computers. The news delivered a jolt to the industry when it leaked on Tuesday. Although HP's star has dimmed somewhat since its high-flying days in the 1980s and 90s, it remains a major player.
Facebook has apparently taken its massive user base and immense popularity to heart. The company is dictating to Wall Street underwriters what it will pay in fees for its US$5 billion initial public offering, according to news reports. ...
Spoiler Alert: At the end of "Mass Effect 3," the Earth is not saved, and there isn't much players can do about it. ...
Sanford C. Bernstein has downgraded Sprint Nextel to underperform from market perform, citing concerns it won't sell enough iPhones to pay for its "punishing" commitment to Apple. ...
Sprint has canceled the 15-year agreement it inked with LightSquared last July to build out and license a 4G network. LightSquared was to have used this network, together with its own infrastructure, to launch its service. ...
Nokia has been expected for some time to announce plans to get into the tablet space. It has now confirmed, via an interview by Nokia design chief Marko Ahtisaari to the Finnish magazine Kauppalehti Optio, that work is progressing on a Windows 8 tablet device. ...
PayPal has introduced PayPal Here, a mobile payment product that is meant to continue its push into retailing's brick-and-mortar world, no matter the size of the retailer ...
Avaya is formalizing an outsourcing service it has been offering select clients for the past year. The service, Avaya Communications Outsourcing Solutions, manages all of a company's communications operations, regardless of age, location or vendor. It is part of the company's portfolio of Managed Services ...
Google has been at work on new technologies and methodologies that could significantly alter the way consumers search on the Internet, as well as how brands can expect to see their ads displayed, according to The Wall Street Journal ...
The BBC was the target of hack attacks earlier this month, according to comments made by BBC Director-General Mark Thompson in a wide-ranging speech to the Royal Television Society on Wednesday. ...
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