Latest Business News

Microsoft and Cisco Duel Over Purchase of Skype

Microsoft and Cisco Duel Over Purchase of Skype

Microsoft is in the sights of Cisco Systems Inc. as they are taken to Europe’s second highest court in a attempt to have its European approval in the purchase of Skype overturned. ...
Switzerland Attempts to Dodge More Fines For Protecting U.S Tax Dodgers

Switzerland Attempts to Dodge More Fines For Protecting U.S Tax Dodgers

Switzerland will be saving its banks from the United States by allowing Swiss banks to give information to U.S prosecutors via a bill ran through parliament earlier today. This means ...
Apple Ordered To Honor Warranty On Water Damaged iPod Touch and iPhone Devices

Apple Ordered To Honor Warranty On Water Damaged iPod Touch and iPhone Devices

Legal news early in the week and it’s Apple related. Cue the stock audience “Oooh!” effect. There is to be a $53 million settlement between Apple and their customers who were ...
Tumblr's $1.1 Billion Pie Divided Up, Criticism of Initial Reports Ensues

Tumblr’s $1.1 Billion Pie Divided Up, Criticism Ensues

  The 178 staff members of Tumblr—all of them—will get a slice of that $1.1 billion deal with Yahoo. That’s at least $371,000 each due to stock options says Crains New York—nothing ...
Sony Considering Splitting Entertainment Wing From Electronics Wing

Sony Considering Splitting Entertainment Wing From Electronics Wing

It looks as though Sony is putting thought into making the electronics and entertainment divisions separate entities. This comes after billionaire investor Daniel Loeb’s public offering ...
Atari Looking To Get Out Of Bankruptcy Protection

Atari Looking To Get Out Of Bankruptcy Protection

Times are pretty rough for the one time video game giant Atari Inc. Mucking around in bankruptcy protection, the company is looking for the court to sign off on the sale of its assets ...
Yahoo Snags Tumblr...Now What?

Yahoo Snags Tumblr…Now What?

Credit: Frank Franklin II (AP Photos) Yahoo has purchased Tumblr for $1.1 billion dollars, but what does it mean? What possible use could Yahoo have in something that has very little ...
Total Video Game Industry Spending Down 42%

Total Video Game Industry Spending Down 42%

The headline is right; NPD reports that gaming sales across the board, all companies, hardware, software, digital, etc. are down 42% from last month. Spending on gaming came out to ...
German Court Gives Google Another Legal Loss

German Court Gives Google Another Legal Loss

Germany is where a country goes when it wants to lose a case. Last week it was Apple and this week it’s Google who lost in a second legal outing there. The first time was over Google ...
Activision-Blizzard Concerns and Woes For Second Half of 2013

Activision-Blizzard Concerns and Woes For Second Half of 2013

In their earnings call this week Activision-Blizzard has reported that some 1.3 million subscribers have bailed on their popular World of Warcraft MMORPG in the last three months. ...