The good times in the $850 billion U.S. junk bond market may be at risk of winding down as the economy slows, leveraged buyouts get bigger and an increasing amount of bond supply looms.
Computer storage firm Brocade Communication Systems Inc. announced on Tuesday that it would acquire its rival McData under a stock agreement.
SanDisk Corp. and Toshiba said on Friday that are partnering to build a new flash memory plant in Japan, helping them serve increasing demand and positioning them to compete against larger rivals.
Google Inc. on Wednesday said it struck a deal with XM Satellite Radio Holdings Inc. to help the search engine's advertisers automatically insert ads on XM's nonmusic radio channels.
IBM, the world's largest technology services company, on Tuesday is announcing new server computers giving businesses access to computing power typically used by universities and large corporations.
A federal judge late on Friday rejected a request for an injunction against the McClatchy Co. sale of three San Francisco Bay-area papers it acquired when it bought Knight Ridder Inc. this year.
Advanced Micro Devices Tuesday pledged to release a version of its upcoming enthusiast desktop product, code-name 4x4, for less than $1000.
The popular social-networking site MySpace.com suffered a pair of extended outages over the weekend because of power problems at a key data center in the Los Angeles area, the company said Monday.
Californian's across the state experienced electrical disruptions to homes and businesses, as temperatures soared on Monday.
Online mail-order DVD rental leader Netflix, announced it nearly tripled its profits for the second quarter. However investors were unconvinced, as the company's stock price spiked steeply lower in after hours trading.
On Monday, the California power grid operator, Independent System Operator (ISO), declared a stage 1 emergency, urging all consumers to reduce their electricity usage voluntary, following a heatwave which has swept over the state over the past few days.
Intel Corp. announced on Thursday that it is making a number of senior management changes focused on improving the company's structure and achieving better decision-making.
Free video clips on YouTube are popular but its ads aren't.
Google Inc. has begun testing a new version of its search system that makes finding information on the Web easier for the blind or visually impaired, its creator said on Wednesday.
E-mail is so last millennium. Young people see it as a good way to reach an elder — a parent, teacher or a boss — or to receive an attached file. But increasingly, the former darling of high-tech communication is losing favor to instant and text messaging, and to the chatter generated on blogs and social networking sites such as Facebook and MySpace.
General Motors Corp Chief Executive Rick Wagoner insisted on Tuesday he planned to keep his job even if the U.S. carmaker strikes a three-way alliance with rivals Renault SA and Nissan Motor Co.
Large businesses are in love with Blackberry and its wireless email capabilities. Research in Motion, the Canadian firm who sells the enterprise-centric devices, shipped a record 1.5 million units in 2005, snatching up nearly 8 percent of the worldwide smartphone market. The success however, makes RIM a prime target and competitors are scrambling to get a piece of the pie.
Google Inc. Chief Executive Officer Eric Schmidt said on Friday that his company had none of the stock option pricing problems that have been uncovered at nearly 60 other U.S.-listed companies.
As a satirical news story about a Belgium Orchestra looking to sell itself on online auction site eBay made its rounds on the Internet on Tuesday, the San Jose, Calif. firm once again captured a bit of the media spotlight through a unique offering.
Electronic Arts, the videogame developer and distributor, announced on Tuesday that it will buy Virginia-based Mythic Entertainment.
Switzerland's Nestle bought U.S. weight-loss company Jenny Craig for around $600 million, it said on Monday, expanding its high-margin nutrition and health business.
Frequent readers of newspaper Web sites are more likely to make online purchases than other Internet users, according to a study released on Friday by the Newspaper Association of America.Frequent readers of newspaper Web sites are more likely to make online purchases than other Internet users, according to a study released on Friday by the Newspaper Association of America.