Older people might be more technology savvy than you thought—at least when it comes to banking.» Read More
News Corp. is finalising a deal with partners to launch a networking Web site venture in China within a few months, venture capital and Chinese government sources said on Friday.
You know the great rivalries: dogs vs. cats, Yankees vs. Red Sox, Coke vs. Pepsi. Then there's Apple Computer vs. Microsoft. Two technology-sector observers joined "Power Lunch," to weigh in on the clash of these tech titans. Apple's Mac was its first big product but Richard Stice, hardware equity...
Shares of online auction giant eBay surged after the company beat quarterly earnings forecasts, and its chief executive said the company's annual performance was boosted by a strong fourth-quarter and improving fundamentals.
The chief financial officer of Yahoo said the company expects sales growth to accelerate in the second quarter as the company's new advertising system takes root.
EBay reported fourth-quarter earnings of 31 cents a share, beating a consensus forecast of 28 cents a share.
Yahoo's revenue came in at $1.23 billion after subtracting advertising commissions that the company paid to its partners. That figure represented a 15% increase from the prior year and a 10% improvement from 2006's third quarter.
Do you feel lucky? That's the question posed by Jeffrey Pasquarella's brainchild: BetOnIraq.com -- a Web site he founded to give brave investors the chance to buy Iraq's young currency. Pasquarella told CNBC's Erin Burnett that 4,000 customers have used the site's foreign exchange service over the past three years, with the "average customer".......
Shares in European online gaming companies fell as much as 14% Monday on news that U.S. prosecutors had launched a probe into Internet gambling.
The 21st century’s version of the new economy is facing a tech meltdown. Or is it? Two experts weighed in on technology stocks for “Power Lunch.” Joseph Parnes, president of TechnoMart Investment Advisors, sees opportunity in market danger. He told CNBC’s Bill Griffeth that “institutions, pension funds” that took a beating on....
News Corp. not only has MySpace, but Fox has its biggest-ever premiere as the "American Idol" brand stays strong. Big ratings changes are afoot as the Sundance Festival gears up. And find out why Jessica Reif Cohen likes Time Warner.
Ballmer spoke at Rockefeller Center in New York to discuss a joint venture between Microsoft and Nortel under which the companies are introducing a raft of products and services aimed at delivering business communications over software and Internet networks.
Over the past couple days, there has been much ado about Creative Artists Agency buying Leon Rose, agent of LeBron James, among others. If CAA thinks LeBron is coming along for the ride, I’d be very surprised ... I never thought I’d write this, but over the past year, the U.S. government has really managed to cripple the online gambling business. First, BetOnSports.com goes, after its CEO David Carruthers was arrested at an airport. Last week, PinnacleSports.com, the site known for the biggest limits and the quickest payouts, voluntarily closed up shop in the U.S. And now ... The Dodgers are opening up some bleacher seats and charging $35 instead of the usual $10, but they’re making them all-you-can-eat. About 3,000 fans will have the opportunity to shove their faces with as many hot dogs, peanuts, popcorn, nachos and sodas as they want ...
Netflix will start showing movies and TV episodes over the Internet this week, providing its subscribers with more instant gratification as the DVD-by-mail service prepares for a looming technology shift threatening its survival.
Google has increased its share of the U.S. Web search market to 47.4% with a gain of 0.4%during December, while No. 2 ranked Yahoo also edged higher.
AOL, the Internet division of Time Warner, said on Monday it was to buy Swedish online marketing group TradeDoubler for around $900 million as it seeks to expand its Internet advertising business.
The New York Stock Exchange plans a pilot program later this year that could bring real-time stock quotes to Internet users, according to newspaper reports.
AOL, a unit of Time Warner, said Friday that online music retailer Napster will become the exclusive music subscription provider for AOL Music, replacing its AOL Music Now service.
Earlier this afternoon, I reported that eBay was close to buying StubHub. This deal has been rumored for a long time as it would really add to eBay's ticket business. Tonight, eBay confirmed the deal for $310 million. The deal is expected to close in the first quarter of 2007. StubHub did more than $400 million in business in 2006 and made about $100 million in profit. It's a great business model because they take...
Americans are a bit stodgy when it comes to using their cell phones for anything other than talking or text messaging, so don’t expect Yahoo’s New Go for Mobile 2.0 to take the country by storm. But the future of Internet distribution of news and entertainment is in hand-held devices and Yahoo is planting its flag firmly atop The Next Big Thing.
The latest thing in cars isn’t being flaunted at the 2007 North American International Auto Show in Detroit. It’s in a booth at the Consumer Electronics Show in Las Vegas. Autonet Mobile CEO Sterling Pratz told “Squawk Box” of his company’s business model: creating “an ISP for cars.” Speaking from the Nevada gaming town, Pratz described Autonet’s system that converts autos into wireless broadband – or WiFi -- “hotspots.”