Government officials warned that the rise of Apple's iPad tablet computer could prove a threat to national infrastructure.
A pricing battle lost by Amazon.com Inc to a top publisher may herald pressure from other publishers, compromising low e-book prices which could potentially hit sales volume growth for its Kindle e-reader.
Amazon.com Inc all but waved the white flag in a dispute with publisher Macmillan that could lead to the online retailer raising prices on some of its e-books.
Amazon.com Inc has removed all e-books published by Macmillan from its website after a dispute over pricing, according to media reports.
Technology stocks fell and commodities shares recovered in after hours trading on Friday after the sectors showed the biggest market drops during the regular session.
The newly released Apple iPad tablet retails at $499, but according to an analyst, the tablet device costs Apple about $270 to make.
Apple unveiled its iPad tablet computer on Jan 27 amid much fanfare and anticipation.
Stocks retreated to near breakeven in choppy trade on Friday, paring earlier strong gains as worries about fiscal troubles buffeting Europe offset reassuring reports on the economy.
Stocks retreated to near breakeven in choppy trade on Friday, paring earlier strong gains as worries about fiscal troubles buffeting Europe offset reassuring reports on the economy.
The stock market turned mixed in mid-day trading after rising sharply on Friday as the technology sector continues to weigh while retail stocks were among the biggest gainers.
Technology shares slipped while the Dow industrials trimmed its gain and the S&P 500 was flat on Friday, with Apple the top drag on the Nasdaq.
U.S. consumers' obsession with using smartphones to find restaurants, surf the web and navigate city streets helped propel a 26 percent rise in AT&T's quarterly profit -- but at a cost for the operator.
AT&T's chief executive said during an investors conference call that the company was gearing up for the introduction of new smartphones and the iPad on its network.
Apple Inc CEO Steve Jobs took the wraps off a sleek tablet that it called the iPad, pitching the new gadget at a surprisingly low price to bridge the gap between smartphones and laptops.
Verizon was dealt a blow yesterday after Apple unveiled that its latest creation will use AT&T services rather than Verizon's.
AT&T reported a 26 percent rise in fourth-quarter profit, fueled by wireless subscriber additions, particularly among users of e-readers, smartphones and netbook computers to the Web.
U.S. stocks were lower in mid-day trading on Thursday as technology stocks led the declines.
Sales of newly built single-family homes fell unexpectedly in December as the bounce from an initial tax credit fizzled, the latest sign that the government-led housing recovery might be losing some steam.
Tech stocks dropped in morning trading on Thursday as financials struggled to keep gains, S&P 500 edges down.
The buzz in the gadget world has shifted from Amazon.com to Apple Inc with the launch of its long-awaited iPad tablet, but analysts say the world's largest retailer's Kindle device is safe in its smaller market -- for now.
If consumers love Apple's new iPad as much as Wall Street does, it is destined to be a hit.
Stocks rose on Wednesday after the U.S. Federal Reserve pledged to keep interest rates near zero and stock futures signaled more gains ahead after President Barack Obama struck a conciliatory tone on banks in his State of the Union speech.