Watch CBS News
FBI arrests Entellium CEO, CFO -- The FBI arrested Entellium's CEO Paul Thomas Johnson and CFO Parrish Jones for allegedly falsifying revenue figures and presenting them to the board as part of a scheme to get about $50 million invested in the company. Last month an employee cleaning out the desk of...
Metals markets may offer important ways of measuring the health of the tech indusry. Given current prices, it looks like everyone's in for a double whammy of lower demand and higher costs.
Big Blue in Black -- IBM reported its quarterly earnings earlier than expected, and as they're up 22 percent, who can blame them? Gross profit margin for the quarter was two points higher than last year and revenue was up five percent (including three percent because of favorable currency conversion...
The Consumer Electronics Association is predicting that some key categories will see good sales during the holiday season. But this is not a report that should necessarily cheer anyone in the industry, because there are probably three big words fueling the "strength": really low margins.
Someone keep me from clicking send -- For those addicted to working into the wee hours and complete exhaustion there's a new meaning to morning after regret. That's the feeling people get when they realize exactly what they sent in emails before they finally gave in to sleep. Google has a new tool t...
There's plenty of news today about AMD's plan to split itself into two. One part will design chips while the other becomes a joint venture with investors from Abu Dhabi. But this isn't a story just about AMD. Indirectly it's about the entire semiconductor industry and the even bigger implications for the global economy when the companies that power everything from greeting cards to autos and appliances can't figure out how to make money. If they can't stay in business, how is anyone going to make anything?
Linux laptops become boomerangs, strong returns -- At least one OEM, MSI, is seeing much stronger returns on Linux laptops than on those running Windows, to the tune of four to one. Apparently people like the price, open the box when they get home, start the laptop up, and then realize that Linux is...
The crisis of confidence on Wall Street is pushing up costs of variable-interest commercial loans, many of which are pegged to the London Interbank Offered Rate (LIBOR). Handset maker Palm Inc., which has invested more than 12 percent of its sales in R&D in each of the last two years, or about $...
Not long ago Talkbiznow's CEO was flogging a new type of online business networking -- LinkedIn with souped up communications and services. Now it seems that IBM has just opened the beta on Bluehouse, a similar concept, only undertaken with far deeper pockets and way more experience. IBM's approach, with its impressive resources, should make LinkedIn nervous. Even if the particular expression may not start a category firestorm, it does suggest an evolutionary direction for digital business networking.
Apple rumored to have new production process-- According to 9to5Mac, Appleis using a new production process in which lasers and water jets carve blocks of aluminum into cases, first for the MacBook Brick, later for -- who knows? The thought is that it would avoid bending and therefore stressing the...
Free computer game model reaches US -- Everyone loves free, but gaming companies in Korea seem to have figured out how to make it pay and they're going to give it a try in the US. Nexon, out of Seoul, supports its offerings through micro-transactions in which players buy weapons, armor, and other ac...
The House has just passed the banking bailout bill and not a moment too soon. Experts have been talking about how the effects of credit tightness were starting to be felt by most of the country, and small technology firms have found that they are in just as bad a position as everyone else.
Researchers claim new networking vulnerability -- A couple of researchers are claiming that they've discovered flaws in TCP/IP protocol stacks that hackers could use to unleash new denial of service (DoS) attacks on Internet-connected computers. The results supposedly could range from crashing a dev...
Hollywood studios are starting to line up to help finance the rollout of digital technology in movie theaters. While an interesting story, particularly if you're a motion picture technology buff at all, it's an important reminder that there are non-digitized markets out there that might present impo...
Activision Blizzard chases individual game pirates -- Clearly some in the gaming community have been watching the RIAA a bit too closely. Activision Blizzard has been suing individuals who have pirated its game Call of Duty 3. Out of six people so far pursued, three settled for $100,000, one for $25...
