As Yahoo’s Struggles Continue, Board Chairman Bostock Steps Down
In an unexpected letter to shareholders, Yahoo chairman Roy Bostock announced Tuesday that he and his fellow board members Vyomesh Joshi, Arthuer Kern and Gary Wilson would not be seeking another...
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Microsoft Announces Layoffs
Microsoft Corp. said on Wednesday that it had laid off some 200 employees as part of a major restructuring aimed at eliminating redundancies in its marketing division.
Facebook Filing Initial Public Offering Wednesday
Facebook is taking its next step into the investment game by filing for an initial public offering on Wednesday morning.
Half Of U.S. Holiday Shoppers Used Smartphones For Decision Making
According to a report by Pew Internet & American Life Project, half of shoppers during the 2011 holiday season used their phone while in store to help aid them in their purchasing decision.
Security Company Discovers Videoconferencing Security Risk
At Rapid 7, a Boston based computer security firm, chief security officer HD Moore discovered a major security hole for many companies. These companies invest thousands of dollars each year on videoconferencing equipment that is left open to hackers.
Research In Motion Names New CEO
Did Jim Balsillie and Mike Lazaridis, the co-chief executives and co-chairmen of BlackBerry maker Research in Motion (RIM), finally get the message?
7 Charged In Staggering $78M Dell Insider Trading Probe
Seven financial analysts and money managers across the country have been charged with a $78 million hedge fund insider trading scheme involving Dell, Inc. in one of the largest sweeps in the government’s years-long investigation of suspicious trading at hedge funds.
Facebook IPO Set For Late May, Valued At $100 Billion
Facebook's long-awaited initial public offering (IPO) will likely take place during the third week of May, according to various media reports.
Security Breach Of Zappos Customer Data Reported
Online clothing retailer Zappos.com announced to its 24 million customers in a mass emailing Sunday that an intruder had gained unauthorized access to the company’s online servers.
Olympus Executives Sued For $1.7B Accounting Scandal
In the most recent development in the now infamous accounting scandal involving Japanese camera maker Olympus Corp., company shareholders will reportedly sue the president Shuichi Takayama along with 18 other high-ranking executives for some $47 million in compensation.
Barnes & Noble Slashes Forecast, May Spin Off Nook Business
Barnes & Noble Inc. slashed its Nook sales forecast on Thursday, and surprised investors by saying it was considering spinning off its digital business in an attempt to regain profitability amid the growing popularity of digital books and magazines.
Intel Announces Lower Than Expected 4th Quarter Earnings
Intel, the world’s largest maker of microprocessors, announced on Monday, Dec. 12 a reduction of their forecasted earnings for the fourth quarter.
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Word of the Day
Quote of the Day
No matter how vast, how total, the failure of man here on earth, the work of man will be resumed elsewhere. War leaders talk of resuming operations on this front and that, but man's front embraces the whole universe. 
- Henry Miller (1891 - 1980)