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Venture capital funding for Web-based technologies is starting to show signs of a slow down, according to a report.
Connecting the Business Technology Dots
Companies that learn to leverage technology to improve agility, resiliency and innovation grow revenue and profits faster, says contributing columnist Faisal Hoque.
Multiple Online Personas: The Choice of a New Generation
Is your business ready for Generation V? Baseline looks at how learning the personal, behavioral traits of multiple, online personas will be important to the future of business-to-consumer strategies and practices.
Yahoo Plans to Cut Hundreds of Jobs: Source
Yahoo is planning to announce cutbacks later this month that will likely lead to hundreds of job losses at the nearly 14,000 employee company, a source familiar with the plan said.
Fed Slashes Interest Rates
The U.S. Federal Reserve slashed interest rates by a hefty three-quarters of a percentage point, the biggest rate cut in more than 23 years, in an emergency bid to lend support to a U.S. economy some fear is on the verge of recession.
Bill Would Help States Ditch Electronic Voting
New Jersey Democrat Rep. Rush Holt recently introduced a measure that would provide financial relief for states that jumped into electronic voting only to find those systems increasingly unreliable.
Sprint to Cut 4,000 Jobs, Close 8 Percent of Stores
Sprint Nextel, the #3 U.S. mobile service, will cut about 4,000 jobs and close 8 percent of its stores, predicting further pressure on its ability to attract subscribers and turn a profit in 2008.
IBM Growth in Americas Slower than Overseas
IBM said that revenue from the Americas rose 5 percent, slower than other regions as overseas units showed the strongest gains, and said computer hardware sales declined.
Time Warner to Test Internet Billing Based on Usage
Time Warner Cable Inc said it is planning a trial to bill high-speed Internet subscribers based on their amount of usage rather than a flat fee, the standard industry practice.
Bernanke Backs Quick Fiscal Stimulus
Federal Reserve Chairman Ben Bernanke threw his support behind efforts to craft a fiscal stimulus package and repeated that the U.S. central bank was ready to act aggressively to counter recession risks.
Brocade Ex-CEO Sentenced to 21 Months in Options Case
Brocade Communications former CEO was sentenced to 21 months in prison for backdating stock-option grants in a scandal that has ensnared scores of U.S. companies and led to billions of dollars of restatements.
Bernanke Faces Grilling on Fiscal Stimulus Stance
Ben Bernanke has tried hard not to follow his predecessor Alan Greenspan into the political arena by commenting on fiscal policy, but the Federal Reserve chief will find it difficult to stay above the fray.
Economic Worries Grow Among Voters: Poll
Voters are growing increasingly concerned about a recession, and the malaise is filtering into their views on the presidential election, according to a Reuters/Zogby poll.
BEA Accepts $8.5 Billion Oracle Offer
Oracle won a three-month-long campaign to buy BEA Systems by raising its bid for the business software maker by 14 percent to $8.5 billion.
Boeing to Announce Further 787 Delay: Report
Boeing Co is close to announcing a further delay to its 787 Dreamliner, The Wall Street Journal reported, threatening to push deliveries of the new, hot-selling plane even further back and increasing the risk of costly penalty payments to airlines.
Apple to Rent Movies on Web, Shows Thin Notebook
Apple will start renting movies over the Internet, Chief Executive Steve Jobs said at MacWorld Expo, moving the iPhone and iPod maker into a very competitive market.
GM, Toyota Battle Turns Electric
Toyota Motor Corp, likely to claim the title of world's biggest automaker later this month from General Motors Corp, threw down the gauntlet to GM in a race for the next & green& car.
Alan Greenspan to Join Hedge Fund
Hedge fund manager John Paulson, who earned billions of dollars last year by betting against the housing market, said that former Federal Reserve board chairman Alan Greenspan will advise his firm.
Wal-Mart, Teens Could be 2008's Best Retail Bet
Aside from Wal-Mart, analysts expect some companies to prosper this year in spite of the economy, including teen retailers and possibly some beaten-down home improvement stores.
Designer of Laptop for Poor Kids Starts Company
The scientist who designed a notebook computer for poor children that is being produced and sold by the One Laptop Per Child foundation has set up a company to commercialize the technology with a goal of producing a $75 laptop.