Venture capital investments hold steady in 2Q
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1 hour ago
The pace of U.S. venture capital investments remained steady at $7.4 billion during the second quarter despite a wobbly stock market that has made it increasingly difficult for the financiers of new ideas to cash out of...
Venture capitalists still investing at steady pace
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3 hours ago
THE GOOD: The flow of money going to U.S. startups remained steady in the second quarter as venture capitalists invested $7.4 billion, unchanged from a year ago. THE BAD: The stock market has turned a cold shoulder to...
VC investment hold steady in 2Q at $7.4 billion
- Added
3 hours ago
The pace of U.S. venture capital investments remained steady at $7.4 billion during the second quarter despite a wobbly stock market that has made it increasingly difficult for the financiers of new ideas to cash out of...
Venture capitalists still investing at steady pace
- Added
3 hours ago
THE GOOD: The flow of money going to U.S. startups remained steady in the second quarter as venture capitalists invested $7.4 billion, unchanged from a year ago. THE BAD: The stock market has turned a cold shoulder to...
Hundreds of baby penguins found dead in Brazil
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6 hours ago
Hundreds of baby penguins swept from the icy shores of Antarctica and Patagonia are washing up dead on Rio de Janeiro's tropical beaches, rescuers and penguin experts said Friday. More than 400 penguins, most of them...
Google shares plummet after disappointing earnings
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7 hours ago
Google Inc. shares plunged nearly 10 percent Friday after the Internet search leader's second-quarter earnings missed analysts' expectations. Management said economic turmoil in the United States and parts of Europe...
Purdue panel finds misconduct by fusion scientist
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10 hours ago
A Purdue University panel has found two instances of misconduct by a researcher who claims he produced nuclear fusion in tabletop experiments. Rusi Taleyarkhan made headlines in 2002 when he published a paper in the...
Big shareholder backs Yahoo board over Icahn
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11 hours ago
One of Yahoo Inc.'s largest shareholders is supporting the re-election of the Internet company's incumbent board, delivering a significant blow to an attempted coup being led by activist investor Carl Icahn. With...
MTN: No deal with Reliance
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12 hours ago
South Africa's largest mobile phone network operator said Friday it was unable to agree on a deal in talks with an Indian telecom company. MTN Group Ltd. cited unspecified legal and regulatory issues for the failure of...
Web networking photos come back to bite defendants
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12 hours ago
!!-- pobj:BX601-0715080953 -->Two weeks after Joshua Lipton was charged in a drunken driving crash that seriously injured a woman, the 20-year-old college junior attended a Halloween party dressed as a prisoner....
Web networking photos come back to bite defendants
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14 hours ago
!!-- pobj:BX601-0715080953 -->Two weeks after Joshua Lipton was charged in a drunken driving crash that seriously injured a woman, the 20-year-old college junior attended a Halloween party dressed as a prisoner....
iPhones hot even in places Apple has yet to reach
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15 hours ago
In the Soviet days, Russians asked their American friends to bring blue jeans, rock records and other Western goods into the country. Today Russians can buy almost anything they want here _ but they are still begging...
Microsoft 4Q profit rises, Web ad business rocky
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17 hours ago
Shares of Microsoft Corp. sank more than 5 percent on Friday, a day after the company missed Wall Street's earnings forecast by a penny, and issued softer-than-expected guidance for the current first quarter. Microsoft...
IBM 2Q profit soars on services strength
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18 hours ago
IBM Corp.'s earnings, used to gauge the health of global technology spending, were a bright spot in an otherwise dreary economic landscape. The Armonk, N.Y.-based company reported Thursday that its profit leaped 22...
Microsoft 4Q profit rises; Web ad business rocky
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1 day ago
With a Yahoo Inc. search deal uncertain at best, Microsoft Corp. plans to invest hundreds of millions of dollars more than expected in the next year to whip its unprofitable online operations into shape. Analysts,...
Economic worries loom over Google's 2Q earnings
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1 day ago
Google Inc. has successfully tackled a lot of complex problems during its first decade in business, but even the Internet search leader may be hard pressed to find a way to sustain its rapid earnings growth amid a...
AMD changes CEO as turnaround pressure intensifies
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1 day ago
Under Hector Ruiz's leadership, chip maker Advanced Micro Devices Inc. rose to challenge larger rival Intel Corp. as never before in AMD's nearly 40-year history. Yet after six years as AMD's CEO, the embattled Ruiz...
Summary Box: Microsoft 4Q profit climbs
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1 day ago
CASH COWS: Sales of Office, Windows helped push Microsoft's fiscal fourth-quarter revenue up 18 percent to $15.8 billion. BOTTOM LINE: Profit rose steadily to $4.3 billion but missed Wall Street's expectations by a...
Summary Box: IBM 2Q profit jumps 22 percent
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1 day ago
THE PROFIT: IBM Corp.'s second-quarter profit rose 22 percent, easily beating Wall Street's expectations. The Armonk, N.Y.-based company is benefiting from continued strength in its services division despite growing...
Summary box: Google gives give new reason to worry
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1 day ago
RED FLAG: Although its growth rate remains impressive, Google's earnings missed analyst estimates and CEO Eric Schmidt acknowledged the economic climate is "challenging." REACTION: Google shares shed more than 7...
Should we move species to save them?
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1 day ago
With climate change increasingly threatening the survival of plants and animals, scientists say it may become necessary to move some species to save them. Dubbed assisted colonization or assisted migration, the idea is...
Smithsonian dishes the dirt on, well, dirt
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1 day ago
Dishing the dirt has a long history in Washington, but the Smithsonian Institution is taking it to new depths. The National Museum of Natural History opens a new exhibit on Saturday _ "Dig It" _ exploring the mysterious...
Summary Box: AMD changes CEO amid struggles
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1 day ago
COMMAND CHANGE: Hector Ruiz, 62, is done as CEO at chip maker Advanced Micro Devices Inc. after six turbulent years. He now is executive chairman. NEXT UP: The new CEO is Dirk Meyer, 46, an engineer and chip designer...
Yahoo calls Microsoft's actions `stupefying'
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1 day ago
Yahoo Inc. sent a letter to shareholders Thursday in which it called Microsoft Corp.'s actions in its dance to acquire all or part of the Internet company "stupefying." The letter from Yahoo Chairman Roy Bostock and...
Europeans expand antitrust case against Intel
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1 day ago
European Union regulators have expanded their antitrust case against Intel Corp., claiming that the world's largest semiconductor maker has deliberately squeezed rival AMD out of the chip market. The European...
Analysts: Tough conditions won't kill radio deal
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1 day ago
Meeting a regulator's tough conditions for approval of Sirius Satellite Radio Inc.'s purchase of XM Satellite Radio Holdings Inc. may be tough but isn't likely to derail the deal, analysts said Thursday. "These do seem...
Media General swings to 2Q loss, sees $500M charge
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1 day ago
Media General Inc. swung to a loss in the second-quarter on severance costs and lower ad revenue and expects to take an additional charge of up to $550 million to write down the value of its intangible assets. The...
SCO ordered to pay Novell for software royalties
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1 day ago
The SCO Group has been ordered to pay Novell Inc. more than $2.5 million in royalties in a dispute over the Unix computer operating system. Wednesday's award by U.S. District Judge Dale Kimball falls short of the...
At a glance: AMD's new CEO Dirk Meyer
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1 day ago
NAME: Derrick "Dirk" Meyer. AGE: 46. Born in La Grange, Ill. EDUCATION: Bachelor's degree in computer engineering, University of Illinois; Master of Business Administration, Boston University. TITLE: Formerly...
AMD CEO steps down as chip maker struggles
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1 day ago
The CEO of chip maker Advanced Micro Devices Inc. is stepping down. Hector Ruiz had been just the second person to lead AMD after company founder Jerry Sanders. He'll be replaced by the chip maker's No. 2 executive,...
IBM ups 2008 earnings target again
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1 day ago
IBM Corp. its raising its profit targets for the year _ again. The technology company says it should earn $8.75 per share this year, as its international diversity and product mix help it get past troubles in its...
Warming health report: Poor, elderly to hurt most
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1 day ago
Global warming will affect the health and welfare of every American, but the poor, elderly, and children will suffer the most, according to a new White House science report released Thursday. The 284-page report,...
Summary Box: High-tech windshields aid vision
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1 day ago
ILLUMINATING IDEA: General Motors Corp. is developing a high-tech windshield that makes road hazards easier to see. For example, during a foggy drive, it could project a blue line onto the windshield that follows the...
GM researches high-tech windshields to aid vision
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1 day ago
When Coke bottle glasses just won't cut it for safe driving, a futuristic windshield might do the trick. General Motors Corp. researchers are working on a windshield that combines lasers, infrared sensors and a camera...
EU warns against buying ring tones online
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1 day ago
Eight out of 10 Web sites selling mobile phone ring tones and graphics are tricking people with hidden fees or false advertising, the EU's consumer affairs commissioner said Thursday. The commissioner, Meglena Kuneva,...
Verizon gets final clearance for TV service in NYC
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1 day ago
Verizon Communications Inc. has cleared the final regulatory hurdle for providing TV in New York City, a major step in its transformation from a phone company to a fiber-optics-based carrier. The New York State Public...
AOL exec Leonsis turns film passion into business
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1 day ago
Retired AOL executive Ted Leonsis is turning his passion for documentaries into an Internet service meant to give independent filmmakers broader viewership. His new Web site, SnagFilms, will take professionally...
Big 3 mimic each other at E3: more, more and more
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2 days ago
One word sums up the announcements made by the Big Three gaming companies at the E3 this week: more. During their flashy news conferences, Microsoft, Nintendo and Sony all announced plans for more games, more sequels,...
Scientists: $200M loss from Great Lakes invasives
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2 days ago
Foreign species that slipped into the Great Lakes in ballast tanks of oceangoing cargo ships cost the regional economy at least $200 million a year, according to a University of Notre Dame study released Wednesday. ...
EBay 2Q profit rises 22 percent but outlook soft
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2 days ago
EBay Inc. said Wednesday that its second-quarter profit jumped 22 percent, as the online auction company enjoyed strong growth in its e-commerce sites and its PayPal payments service. But eBay's outlook for the current...
PC shipments grew faster than expected in 2Q
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2 days ago
Computer shipments rose faster than expected in the second quarter, fueled by exceptional demand in emerging markets and a decline in prices in the U.S. and Western Europe, two research groups said Wednesday. Worldwide...
Congress asks Embarq about selling customer info
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2 days ago
Congress has asked Embarq Corp. about its work with a company that tracks online subscribers' Web traffic for advertising purposes, part of growing concern about Internet privacy. Overland Park, Kan.-based Embarq is...
Video game industry tries to broaden its appeal
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2 days ago
A tough little blob must splash color over a town wallowing in gray. Bug-eyed rabbits do a dance routine. And then there's the "perfect equine farm" of wild horses for little girls to tame and train. These video games...
Web-based program gives the blind Internet access
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2 days ago
Blind people generally use computers with the help of screen-reader software, but those products can cost more than $1,000, so they're not exactly common on public PCs at libraries or Internet cafes. Now a free new...
Newspaper reports Microsoft, AOL continue talks
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2 days ago
Executives from Microsoft Corp. and Time Warner Inc.'s AOL are trying to advance discussions on a possible combination that could give the software maker an alternative to a deal with Yahoo Inc., a newspaper reported...
Pittsburgh abuzz with robotic art
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2 days ago
A green roller coaster twists above the entrance to the Children's Museum of Pittsburgh. But this attraction isn't for human riders _ the coaster's cars are filled with plants and a solar panel that triggers the ride to...
Review: Facebook Scrabble flashy, but not better
- Added
2 days ago
A sanctioned version of Scrabble for Facebook, released this week by video game maker Electronic Arts Inc., boasts animated graphics and true-to-the-board-game design. But underneath its flashy exterior, the new...
Atlanta newspaper cutting staff by 200
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2 days ago
The Atlanta Journal-Constitution is cutting its staff by nearly 200 jobs, or about 8 percent of its work force, and eliminating some targeted news sections. In a news release Wednesday, Publisher John Mellott said the...
Global Warming: Top 10, Again
- Added
2 days ago
Earth scored another Top 10 finish in June _ climate wise. It was the eighth warmest June on record, the National Oceanic and Atmospheric Administration reported Wednesday. And the first six months of the year were...
Global Warming: Top 10, Again
- Added
2 days ago
Earth scored another Top 10 finish in June _ climate wise. It was the eighth warmest June on record, the National Oceanic and Atmospheric Administration reported Wednesday. And the first six months of the year were...