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McAfee corporate homepage

McAfee cuts 3 percent of workforce

Security software maker McAfee laid off about 250 workers, equivalent to 3 percent of its workforce, in a bid to focus on core businesses and improve efficiency in a market led by rival Symantec.

Amazon's Advertising Push Gains Steam

Graphics of new Amazon Kindle tablets seen at news conference in New York
Amazon.com Inc is known as the world's largest online retailer, but the company is aggressively expanding in online advertising, putting it on course for a clash with Google Inc, the leader in the space.

Verizon to Take on Netflix with Web Service

Verizon president McAdam talks on stage with Verizon CEO Seidenberg and Consumer Electronics Association President Shapiro on the opening day of the CES in Las Vegas
Verizon Communications Inc plans to launch a standalone service allowing customers to stream movies and television shows over the Web, in a fresh challenge to Netflix Inc and the traditional cable TV business, according to several people briefed on the plan.
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Stock Futures Jump on Renewed Eurozone Hopes

Stock index futures rose sharply on Friday after a report the European Central Bank was gearing up to lend money to the International Monetary Fund in a bid to ease the Eurozone debt crisis.
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U.S. Stock Futures Jump Ahead of Key Jobs Report

Stock index futures pointed to a sharply higher open for equities on Wall Street Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 1 to 1.1 percent ahead of a key jobs report.
Apple and Samsung

Apple-Samsung Fight Behind Veil of Secrecy; Court Papers Sealed

The biggest legal battle for the technology industry is playing out in a federal court in Silicon Valley, where Apple is trying to stop Samsung from selling Galaxy phones and tablets in the United States. It is a veil of secrecy where court papers are sealed.
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California groups jockey to put tax hikes on ballot

With California Governor Jerry Brown making little progress in his efforts to solve the state's intractable budget problems, a number of private groups are maneuvering to put new tax measures to the voters next November.
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California Groups Jockey to Put Tax Jikes on Ballot

With California Governor Jerry Brown making little progress in his efforts to solve the state's intractable budget problems, a number of private groups are maneuvering to put new tax measures to the voters next November.
The Yahoo! offices are pictured in Santa Monica

PE firm Eyes Buyout for Yahoo's U.S. Business

Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant's partners in Asia, sources familiar with the matter said.
The Yahoo! offices are pictured in Santa Monica

THL Eyes Buyout of Yahoo's U.S. Business

Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant's partners in Asia, sources familiar with the matter said.
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Facebook Gearing up for 2012 IPO: Source

Facebook, the world's largest Internet social network, is preparing for a initial public stock offering next year, according to a source familiar with the matter.
Samsung Galaxy Note

Top 10 Smartphones with Large Screen Size

The smartphone market is seeing a rapid growth as new devices are being released every now and then. Apart from the advanced specifications, the manufacturers are increasing the screen size of smartphones.
Employees and guests of Groupon ring the opening bell in celebration of the company's IPO at the Nasdaq Market in New York

Why Groupon is Falling

Shares of Daily Deals site Groupon, Inc. (NASDAQ:GRPN) fell 15.5 percent, or $3.11, Wednesday to $16.96, more than $3 below its initial trading price of $20.
Google launches music service

Google launches music service

Google Inc has turned on the music at its new online store, aiming to wrest the lead from Apple Inc and Amazon.com Inc in audio entertainment distribution despite the absence of a major record label.
Traders work on the floor of the New York Stock Exchange

U.S. Stock Futures Signal Pause After Selloff

Stock index futures pointed to a steady-to-lower open on Wall Street on Thursday, with futures for the S&P 500 flat, Dow Jones futures down 0.04 percent and Nasdaq 100 futures down 0.15 percent at 1055 GMT.
Jamie Rosenberg, director of Digital Content (Android) at Google, speaks at the launch of Google Music in Los Angeles

Google unveils music service

Google Inc unveiled a new online music store on Wednesday, in a move to challenge the dominance of market leaders Apple Inc and Amazon.com Inc.

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