SAN FRANCISCO— Microsoft is handing off some its digital advertising business to AOL and selling its street-image mapping operation to Uber, as the giant software company tries to focus on activities more relevant to its core business. AOL, meanwhile, is adopting Microsoft's Bing search engine, replacing Google as the default option for visitors who want to...» Read More
IBM said its board has authorized a $15 billion share buyback program that could boost 2008 earnings by 5 cents a share, sending its stock up 3 percent.
Another day, another big drop in Google shares. Another day, and more head-scratching for Apple shareholders. For Google, it's getting ugly. Even a big, broad Wall Street rally couldn't help these shares, ceding another 4 percent on Monday with the slide continuing pre-market today.
Electronic Arts is desperate; and desperate times call for desperate measures. Look no further than the company's multiple bids for Take-Two Interactive, a company with such a checkered financial past, pandering to the lowest common denominator of entertainment, but that apparently commands a 64 percent premium that in Take-Two's estimation still isn't enough.
Microsoft said it will stop making HD DVD players for its Xbox 360 video game system after Toshiba ceded the high-definition video format battle to Sony Corp.'s Blu-ray.
A group led by a Princeton University computer security researcher has developed a simple method to steal encrypted information stored on computer hard disks.
Microsoft will publish and make available the protocols for several of its software products in an attempt to work more closely with non-Microsoft developers.
After rumors of everything from partnering with Netflix to buying Epic Games (neither are true), the big news from the Microsoft keynote speech at the Game Developers Conference: now you can create your own games and put them on Xbox Live to share.
I'm writing from the road this week, taking some time off to attend legendary coach Chris Carmichael's cycling training camp in Buellton, Calif. The camp takes place at the same time as the huge Amgen Tour of California pro cycling race, and both are boasting their fair share of some pretty spectacular technology. Carmichael made a name for himself training Lance Armstrong...
Here we are still in February, and there's already a healthy amount of speculation about Apple's earnings. And when they are released in April, they could hold some surprising news -- thanks in part to China's giant market.
In an escalation of its fight for Yahoo, Microsoft will authorize a proxy fight at the Internet company this week, according to people briefed on the matter.
For Sony, it's about time. For Microsoft, "worry time" might be upon it. What's stunning, however, is how long it took for Sony to re-assert itself in the video game console market and shift the tide that swallowed up its industry lead.
It's official, or as official as this is going to get: HD DVD is dead; long live Blu-ray! All along, industry pundits have compared the next-generation DVD format war to the Beta vs. VHS conflict when VCRs first burst on the scene. I didn't realize just how true that comparison truly was.
Microsoft's hostile play for Yahoo certainly isn't lacking from strong opinions about the deal from experts on both sides of the argument. But the more interesting opinions are coming from the companies themselves.
Forget about Apple Inc. for a second; even the ongoing drama between Microsoft and Yahoo: the real news on the technology front comes from George Lucas and his plans for the next installment of "Star Wars."
Research in Motion appears to be suffering from growing pains and while strong sales are usually good news for a company, they could become cataclysmic if the company can't handle the additions.
Apple Inc. as a "value play?" Seems counter-intuitive to think of a company trading at better than 20 times next year's earnings as a "value," but maybe--just maybe--the Street is coming around to the idea that the growth and potential of this company seem horribly undervalued.
It is a "CrackBerry" addict's worst nightmare: a catastrophic outage affecting the company's entire network in the Americas. In an e-mail to its enterprise clients, Research in Motion says it has suffered a "critical severity outage" --and the company as of yet is providing no details as to when the network will be back up and running.
Yahoo will make public a letter from its board of directors Monday morning before the US stock market opens rejecting Microsoft's $31 hostile bid for the company as "massively undervalued," sources tell me.
Apple investors have to be scratching their heads wondering when the great story of 2007 will return to 2008. Or if it will at all. The latest grenade lobbed into the Apple tent comes from Friedman Billings Ramsey, purporting to show that Apple has reduced production of its iPod, iPhone and Mac.
The news from Cisco was a kind of Goldilocks earnings report...a small upside surprise on the topline to the tune of $30 million: $9.83 billion instead of the consensus of $9.8 billion the Street was looking for. Until the guidance. Ouch.
Get the best of CNBC in your inbox
Matt Hunter is the senior technology editor at CNBC.com.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.