Business News

Nintendo reports loss on shaky Wii U sales

(AP)—Nintendo Co. sank to a worse-than-expected loss for the fiscal first quarter on lagging Wii U video-game machine sales.

17 hours ago from

Other sources:, HotHardware, USA today, TG Daily, Arstechnica show all (12) »

Twitter assuages growth concerns for now as shares soar 35 percent

SAN FRANCISCO (Reuters) - Twitter Inc halted a slowdown in user-growth in the second quarter with the help of product tweaks and services built around the summer's World Cup, assuaging concerns ...

20 hours ago from Reuters Technology

Other sources: Arstechnica, USA today (2), CNET, Engadget, The Verge show all (9) »

Best Buy CEO Thinks Tablet Sales Are "Crashing"

Is the trend of tablets starting to fade? Could PCs be seeing a revival? In the past there have been advocates of tablets who had strongly believed that tablets would eventually take ...

1 hours ago from Ubergizmo

Other sources: Ubergizmo, Techspot show all (3) »

Amazon to invest $2 bln to expand in India

(AP)—The world's largest online retailer is facing off in India against a new name in e-commerce that was founded by former Amazon employees.

12 hours ago from

Other sources: (2), CNET, BBC Technology, AP show all (5) »

Report: Snapchat in talks with Alibaba on funding

Round of funding would value startup at $10 billion.        

10 hours ago from USA today

Other sources: USA today, Engadget show all (3) »

Samsung warns 2H14 will be tough as it reports weak Q2 results

The Korean electronics giant, which posted a 25 percent drop in Q2 profits, says the second half of 2014 "will remain a challenge" as price competition in smartphones hurts profitability.

1 minutes ago from CNET

Other sources: CNET, BBC Technology, TechCrunch, The Verge, Ubergizmo (5) show all (7) »

WellPoint 2Q tops Wall Street expectations

(AP)—WellPoint's second-quarter profit fell 8.6 percent as expenses tied to changes in the nation's health care laws climbed.

12 hours ago from

Other sources: (2), Reuters (2) show all (3) »

Mozilla Appoints New CEO

Chris Beard, who has been acting CEO of Mozilla on an interim basis since the departure of Brendan Eich in April has been appointed to the role on a permanent basis. Read more...

Tue 29 Jul 14 from iProgrammer

Other sources: iProgrammer, Techspot, Engadget, USA today, Arstechnica show all (7) »

Short sellers not to blame for 2008 financial crisis, study finds

Contrary to widespread media reports, the collapse of several financial firms during the 2008 economic crisis was not triggered by unsettled stock trades, according to new research from the ...

Tue 29 Jul 14 from

Other sources:, Science Blog show all (3) »

Why Sprint can't hit the gas on cheaper plans...yet

CNET talks to Sprint CEO Dan Hesse on why he has to be deliberate about any potential pricing moves.

6 hours ago from CNET

Other sources: show all (1) »

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