Akamai Technologies stock was up more than 17 percent on Thursday, or $4.58 per share share, to $31.25. The stock traded up as much as 18 percent during the day.
David Magee
Dec 22, 2011
Best Buy is hosting a midnight sale for last-minute holiday shopping, but some consumers are complaining their Black Friday orders are still unfulfilled, having been cancelled or still never shipped out just days before Christmas.
Nadine DeNinno
Dec 22, 2011
Nigerian officials said they expect oil leaked from a Royal Dutch Shell offshore well to reach the country's shores Thursday. Shell officials suspect half of the estimated 40,000 barrels of oil leaked in the Atlantic this week have already naturally dissipated or evaporated.
Pierre Bertrand
Dec 22, 2011
Michael Ferro Jr., the CEO of Merrick Ventures LLC, will lead the investment group. The deal is expected to close within the next several days.
IBT Staff Reporter
Dec 22, 2011
Facebook revealed its top 10 most popular games played on its social platform this year. Zynga had four games in the top 10, but did not claim the No. 1 spot; Playdom's Gardens of Time had that honor.
Dave Smith
Dec 22, 2011
The fulfillment center will receive, package and help distribute shipments to its final destination. Amazon will invest $135 million in each state.
IBT Staff Reporter
Dec 22, 2011
Interest in arctic oil has climbed in recent years when industry, government and third party researchers independently made realizations that the amount of recoverable world-class oil deposits was greater than previously thought. That has yet to be properly tested with a drill bit.
Pierre Bertrand
Dec 22, 2011
The LG Nitro HD, which was made available on AT&T's network from Dec. 4, is expected to face immense pressure from Motorola's Droid RAZR, as Verizon is offering an additional $100 off on the Droid XYBOARD Tablet when customers buy the Motorola smartphone.
Balasubramanyam Seshan
Dec 22, 2011
Wedbush Securities has upgraded shares of Micron Technology (NASDAQ: MU) to outperform from neutral, saying the worst is over for the company.
Manikandan Raman
Dec 22, 2011
Weakening economies and falling prices of rival smartphones are hurting sales of Apple iPhones across Europe, data from research firm Kantar Worldpanel ComTech showed on Thursda
Raymond Ronamai
Dec 22, 2011
Nokia's long-awaited Windows phones may be too little, too late in the smartphone war dominated by Apple and Google, despite positive reviews by handset critics.
Raymond Ronamai
Dec 22, 2011
Several brokerages have lowered their profit estimates of Oracle Corp. (NASDAQ:ORCL) after the business software maker reported lower-than-expected quarterly results.
Manikandan Raman
Dec 22, 2011
A German court rejected Apple's claims that Samsung Electronics' reworked tablet PC still looks like a copycat version of the iPad, in a preliminary assessment.
IBT Staff Reporter
Dec 22, 2011
Jefferies said its several checks suggest that online sales rose a solid 15 percent year-over-year in the Nov. 1 to Dec. 18 holiday season period, an acceleration from the pace of growth in the first nine months of the year.
Balasubramanyam Seshan
Dec 22, 2011
Yahoo Inc is considering a plan to unload most of its prized Asian assets in a complex deal valued at roughly $17 billion, sources familiar with the matter said on
Raymond Ronamai
Dec 22, 2011
The first software update of Amazon Kindle Fire, announced Wednesday, promises major enhancements in Web browsing, privacy controls and a more responsive touchscreeen.
ambrosia sabrina
Dec 22, 2011
The largest consumer technology trade show in America has been a launch pad for some of the biggest new technologies and has gathered over 100,000 visitors every year. According to a report on Associated Press, the Consumers Electronics association which organizes CES, has received interest from other exhibitors for Microsoft's booth space.
ambrosia sabrina
Dec 21, 2011
Smoke cigarettes, and you'll pay the price--especially if you're in New York City. Island Smokes, a business that allows patrons to roll their own cigarettes, has two locations in New York (one in Long Island, the other in the Lower East Side), but has agreed to shut down its business in order to avoid a lawsuit from the city. The stores will be closed by February 1.
Michael Nunez
Dec 21, 2011
Environmentalists fear oil prospecting in the region will lead to oil discoveries, prompting greater interest in the Arctic oil found underneath sensitive and hard-to-reach areas like ice-locked seas, and further endangering regional ecosystems.
Pierre Bertrand
Dec 21, 2011
Amp Electric Vehicles will introduce a converted electric version of the Jeep Grand Cherokee next month at the Detroit Auto Show.
Brett LoGiurato
Dec 21, 2011
The AT&T/T-Mobile is the third high-profile merger the U.S. Department of Justice has successfully defeated in 2011.
IBT Staff Reporter
Dec 21, 2011
Accessory maker Jawbone raked in $40 million in funds from a new group of investors, just two weeks after the company's CEO pulled the UP bracelet from shelves and offered full refunds for the product.
Dave Smith
Dec 21, 2011
The Japanese earthquake and tsunami in March 2011 caused a drastic drop in vehicle production and a near-6 percent rise in vehicle pricing for a key Honda model. That's according to analysis from ALG, a leading automotive residual values and analytical data products source.
Brett LoGiurato
Dec 21, 2011
Shares of troubled search engine and media developer Yahoo surged nearly 6 percent late Wednesday after a report the company may unload its stake in China’s Alibaba Group for about $17 billion.
David Zielenziger
Dec 21, 2011
Investors in Oracle, the No. 1 enterprise software vendor, had their worst day in three years as shares closed down nearly 12 percent, chopping $17 billion from the company’s market value.
David Zielenziger
Dec 21, 2011
This year was a turning point in the history of Silicon Alley. Investments flooded into many young companies, and Mayor Bloomberg and Cornell University bet big on the future of New York technology.
Michael Nunez
Dec 21, 2011
Investigation had revealed that Countrywide had charged higher fees and rates for more than 200,0000 minority borrowers from 2004-2008, in the midst of the housing boom. Some 10,000 borrowers were also pushed in to sub-prime mortgages when others with similar qualifications got standard mortgages.
David Magee
Dec 21, 2011
Current speculation among investors include deals with Dish Network, Sprint Nextel and Clearwire.
IBT Staff Reporter
Dec 21, 2011
Late night host Conan O'Brien lampooned the complaints surrounding Amazon's Kindle Fire tablet via a video message from Amazon CEO Jeff Bezos.
Dave Smith
Dec 21, 2011
Canadian telecom upstart Globalive wants to buy rival Mobilicity but no deal is imminent or indeed likely until the government clarifies rules on foreign ownership and airwave allocation, according to a source with knowledge of the situation.
IBT Staff Reporter
Dec 21, 2011