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Computers, General news, Internet, Finance

Microsoft Slashes Xbox Prices

Software giant responds to Sony's PlayStation price cuts, lowering prices on two models.
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Computers, General news, Communications, Internet, Finance

YouTube to ‘Spread the Wealth’

Google’s popular video-sharing destination plans to extend its revenue-sharing program to individuals whose one-hit wonder makes it big.
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Computers, General news, Communications, Internet, Finance

Google Maps Street Traffic on Cell Phones

Search giant adds street traffic to its mobile map application.
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Computers, General news, Communications, Internet, Finance

Paul Allen Bets on Smith & Tinker

Smith & Tinker, a toy and game maker, raises $29 million in venture funding that includes backing from Microsoft co-founder's investment firm.
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Computers, General news, Communications, Internet, Finance

Michael Eisner Backs Zumbox

Former Disney CEO joins investors in $8 million round for company that promises to revolutionize “snail mail” in digital form.
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Computers, General news, Internet, Finance

Yahoo Snags Arabic News Site

Beleaguered search pioneer agrees to acquire Dubai-based Maktoob.com for an undisclosed sum.
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Computers, General news, Communications, Internet, Finance

Smartphones Less Popular Than Others

Smartphones draw much attention, but regular mobile phones still rule the market with 72 percent of U.S. handset purchases in the second quarter, according to NPD Group.
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Computers, General news, Communications, Internet, Finance

GameStop Profit Plunges 32 Percent

Video game industry continues to show pains from cash-strapped consumers in recession, as world’s largest video game retailer reports steep profit decline.
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Computers, General news, Communications, Internet, Finance

MySpace Falls for iLike

Social-networking site announces its decision to acquire music recommendation application iLike for an undisclosed sum.
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General news, Magazine, Internet, Finance

Wanova Collects $13 Million

Startup emerges from stealth mode and announces it has bagged a $13 million investment from venture firms, becoming the latest virtualization software developer to attract attention.
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General news, Magazine, Security, Media, Internet, Finance

HP's Earning Fall 19 Percent

The computer giant reports plunge in third-quarter earning due to a drop in PC and printer sales.
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Computers, General news, Internet, Finance

Marc Andreessen Stakes Apptio

Startup that provides financial management for IT departments snags $14 million round of funding that includes investment from the Netscape founder and serial entrepreneur's $300 million fund.
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General news, Internet, Finance

Zendesk Zeros In on $6 Million

Benchmark Capital and Charles River Ventures inject $6 million into the online help desk startup; Benchmark's Peter Fenton joins the company's board.
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Computers, General news, Internet, Finance

Palm to Sell Apps

More than a year after rival Apple launched its App store, Palm says it is opening its own store to developers who wish to design and sell applications for the Pre phone.
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Computers, General news, Communications, Finance

FanSnap Snaps Up $5 Million

The search engine for event tickets pockets $5 million in a second round of funding.
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Computers, General news, Communications, Internet, Finance

HealthPort Files S-1

Profitable provider of patient health records to insurance companies and others files for IPO in bid to raise $100 million, the latest private-equity backed offering.
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Computers, General news, Communications, Cleantech, Internet, Finance

VC Returns Plunge

Venture capital firm returns slip 2.9 percent in the first quarter of 2009, according to an NVCA report citing a “shortage of exit opportunities” for continued declines.
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Computers, General news, Communications, Finance

Mint Snatches $14 Million

The online personal finance site receives $14 million in a third round of funding.
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Computers, General news, Internet, Finance

Palm’s Pre No iPhone-Killer

Pioneering handheld maker’s comeback phone is falling behind expectations, in bad news for Palm and Sprint—not to mention private equity firm Elevation Partners, whose $425 million bet on Palm is souring.
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Computers, General news, Communications, Internet, Finance

Emdeon Lifts 11 Percent in NYSE Debut

IPO marks another sizable exit for private equity firms, as shares of the payment and billing system creator begin trading on the New York Stock Exchange.
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