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EchoStar Communications, the second-largest U.S. satellite television operator, on Friday reported a rise in third-quarter profit but said subscriber growth slowed due to worsening economic conditions and increased competition.
Google faces a federal patent infringement lawsuit by Northeastern University over technology used in its core Web search system, according to legal papers filed last week.
I don't think our generation will ever get used to seeing an SUV, a pick-up, a big truck or even a Prius, driving down the road without a driver at the wheel. I know that as I watched car after car trek down the course at the big DARPA autonomous car challenge at an abandoned Air Force base in Victorville, California last weekend, I felt weird. Each time.
You hear it? That strange hissing noise? Sssssssssssss. It's coming from the tech sector. What a mess. A lot of me says you knew this just had to happen, that some of the air had to come out of some of these shares. But this much?
John Chambers, chief executive of network equipment maker Cisco Systems, told CNBC he remains upbeat about his company's outlook, despite disappointment among some investors.
Network equipment maker Cisco Systems posted a 37 percent rise in quarterly profit on solid demand from telecoms carriers, but its shares fell 9 percent on concerns about its outlook amid U.S. economic weakness.
Good, but not good enough. Cisco shares are on the decline after market after the company reported a nice top and bottomline beat. Trouble is, shares have jumped 14% over the past quarter, 38% over the past year, and with a run like that, it appears the Street was looking for something a whole lot better.
Yahoo mobile chief Marco Boerries is racing to lock down phone distribution deals that could deliver hundreds of millions of advertising customers before Google's own mobile strategy ever takes wing.
Microsoft said it fired its chief information officer for "violating company policies" but didn't provide details.
An update on the ongoing stock sales by Larry Ellison, Oracle's CEO, which began in late September and haven't let up since. He's now up to 30 million shares and counting since that first sale on Sept. 26, worth about $700 million so far.
Another big day for Google and its shareholders, thanks to Sanford C. Bernstein and its new $850 target on the stock. This of course comes a week after David Garrity at Dinosaur Research unleashed a $985 target.
Sun Microsystems reported a quarterly profit on Monday compared with a year-earlier loss amid strong sales of its high-end computers.
Barry Diller's IAC plans to spin off HSN, which includes HSN TV and hsn.com; Ticketmaster; Interval International, which will include its CondoDirect unit; and LendingTree, which will include its RealEstate.com site.
Computer maker Dell Monday said it has agreed to buy EqualLogic, a developer of network storage systems, for about $1.4 billion in cash.
Business software maker BEA Systems said it would provide confidential information to shareholder Carl Icahn explaining why it rejected a $17-per-share takeover bid from Oracle.
Network gear maker Cisco Systems on Thursday announced a multi-year, $16 billion series of initiatives to expand in China with investments in manufacturing, venture capital and education efforts.
As high drama grips the software industry, with investors watching every detail of Oracle's hostile bid for BEA Systems, there's another drama shaping up behind the scenes involving Oracle CEO Larry Ellison. While he makes headlines for what he's trying to buy, you might be even more interested in what he's trying to sell. His stock. Selling lots of it. Daily.
Just an update on the blog I brought you earlier in the week about Larry Ellison and his recent sales activity in Oracle shares. His breathtaking share-dumps are apparently continuing with 1 million more shares sold today.
Google cracked $700 a share this morning, just three weeks after surpassing $600 for the first time. Sure, as Google becomes more valuable, these $100 milestones will get easier to achieve, but you can't discount a 16% move by a company worth over $200 billion in under a month. It's significa
Google's stock barreled through $700 for the first time Wednesday, propelled by a belief that the Internet search leader will become even more profitable as it plants its products and services in new markets.