Web site glitches and bad customer service are putting online sales at risk and sending potential customers into the arms of competitors, according to a U.S. study released Monday.
UBS raised its price target on Apple to $182 from $175 and said many more new products could be introduced between now and March 2008.
Leap Wireless International, which is reviewing a buyout offer from MetroPCS Communications, said Wednesday that board member James Dondero has resigned from the Leap board, effective Sept. 10.
Video game publisher Take-Two Interactive Software said after U.S. markets closed Monday that its third-quarter loss narrowed as its provision for income taxes declined sharply.
Apple's hefty iPhone price cut pits it in direct competition with handsets from Motorola and Palm, which are struggling to convince Wall Street they can turn around their aging brands.
Microsoft slashed $50 from the price of its Zune digital media player Wednesday, just before Apple announced an iPhone price cut and additions to its market-leading iPod line.
Palm Inc. has canceled plans to release a laptop-like gadget that was supposed to serve as a smart-phone companion, months after the product was announced and ridiculed by analysts.
Apple, which is widely expected to announce a new line of iPods on Wednesday, has managed to stay one step ahead of the competition--so far.
Microsoft said Tuesday that it is "not unreasonable" for the company to introduce a mobile phone combined with features of its Zune digital music player to compete with Apple's iPhone.
NBC Universal has decided against renewing its contract to sell digital downloads of television shows on Apple's iTunes after failing to come to an agreement on pricing, the New York Times reported in its online edition on Friday.
Consumer electronics maker Sony introduced a new U.S. version of its Sony Walkman that includes the ability to play digital video, the latest potential rival to Apple Inc.'s dominant iPod media player.
U.S. computer company Apple and German automaker Volkswagen are discussing the possibility of building an "iCar" that would feature products by the producer of the ubiquitous iPod personal music player.
Taiwan's Acer will buy U.S. computer maker Gateway for $710 million to double its U.S. presence and unseat China's Lenovo as the world's No. 3 PC maker, while dealing a blow toits efforts to grow in Europe.
An electric sports car, a prosthetic foot for land mine victims and a potentially lifesaving device known as the "Tongue Sucker" were among the winners Friday of an international award honoring innovative designs.
YouTube is making its biggest push into video advertising on its Internet site, a key strategy by owner Google to capture an even greater share of Web marketing budgets.
Sprint Nextel stands to lose a $2 billion investment in a new phone feature if a court bars Qualcomm from making the necessary chips, Qualcomm executives told the court on Thursday.
Sony currently has no plans for a further price cut to its PlayStation 3 game console following a $100 cut in the U.S., the electronics conglomerate's president said on Friday.
Nintendo said its quarterly operating profit more than tripled, driven by stellar demand for its DS and Wii game gear, and it raised its annual outlook above market expectations, helping its shares trim their loss.