“Cybersquatting,” the practice of maliciously snapping up a Web site with someone else’s trademark in its domain name, is illegal in the United States. It is also an easy way to make money; a cybersquatter can impersonate the trademark’s owner, sell ad space to the victim’s competitors, or extort a payment in return for [...]
Drilling Down: The Rush to Stake a Claim Online
March 16th, 2009 · No Comments
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Drilling Down: Internet Mirrors Recession’s Gloom
March 2nd, 2009 · No Comments
Americans’ search patterns reflect their narrowing financial straits, according to the marketing research firm comScore. The number of Internet searches incorporating the word “unemployment” more than tripled from December 2007 to December 2008. Bankruptcy appeared in more than twice as many searches, and “coupons” went from 7.6 million searches to 19.9 million.
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Newsday Write-Down Pushes Cablevision to a Loss
February 26th, 2009 · No Comments
BETHPAGE, N.Y. (AP) — The Cablevision Systems Corporation posted a loss on Thursday for the fourth quarter, mostly the result of a hefty write-down on the value of its Newsday newspaper.
The cable TV operator said it lost $321.4 million, or $1.11 a share, compared with a profit of $6.6 million, or 2 cents a share, [...]
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Google Chief for Charity Steps Down on Revamp
February 24th, 2009 · No Comments
SAN FRANCISCO — Larry Brilliant, the executive director of Google.org, said late Monday that he would step down from managing Google’s philanthropic unit and signaled that Google.org might curtail its financing of nonprofit groups unless they are closely aligned with Google projects.
Dr. Brilliant said he would become chief philanthropy evangelist for Google.
Megan Smith, [...]
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Drilling Down: Tweeting? Odds Are You Live in a City
February 23rd, 2009 · No Comments
The Internet is rich with ways to broadcast one-sentence updates about yourself to your friends. The best known of these microblogging engines is Twitter, a service that lets people mass-mail short entries or “tweets” in real time from their phones or computers.
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But Facebook also contains a similar feature called the “status [...]
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Court Strikes Down Calif. Video Game Law
February 21st, 2009 · No Comments
Filed at 8:39 p.m. ET
SACRAMENTO, Calif. (AP) — A federal appeals court on Friday struck down a California law that sought to ban the sale or rental of violent video games to minors.
The 9th U.S. Circuit Court of Appeals ruled that the 2005 law violates minors’ rights under the Constitution’s First and 14th amendments. The [...]
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Citing Write-Down, Time Warner Posts Loss and Forecasts Flat Year
February 5th, 2009 · No Comments
The media giant Time Warner reported a $16 billion fourth-quarter loss on Wednesday and said that it expected its 2009 profit to be essentially flat.
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The company attributed the loss mainly to a large write-down that it disclosed last month to account for the [...]
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Write-Down of $5.1 Billion Is Taken by Alcatel-Lucent
February 5th, 2009 · No Comments
Alcatel-Lucent, the troubled French-American telecommunications equipment maker, took a 3.91 billion euro, or $5.1 billion, write-down on Wednesday, its biggest ever, an admission by its new chief executive of the company’s shrunken value.
The one-time charge pushed Alcatel-Lucent to a fourth-quarter loss of 3.89 billion euros, or about $5 billion, compared with a loss of [...]
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Drilling Down: Nintendo Wins the Graying Gamers
February 3rd, 2009 · No Comments
Among video game manufacturers, Nintendo has arguably done the most to recruit older gamers. Its Wii system is a minor hit in retirement homes, and Brain Age, a program for the company’s DS system, is marketed in part to graying users worried about losing their mental sharpness.
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A recent report from Packaged Facts, [...]
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EMC Profit Down 45% in Quarter
January 29th, 2009 · No Comments
The EMC Corporation, the data storage company, said Tuesday that its fourth-quarter profit fell 45 percent as one-time expenses weighed on its results. Excluding charges, the company’s results beat Wall Street estimates, but EMC said it would issue no financial guidance.
EMC said its earnings for the quarter ended Dec. 31 fell to $288 million, [...]
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