Yahoo's second-quarter profit climbs 8 percent as cost-cutting offsets slumping ad salesJuly 21st, 2009 Yahoo 2Q profit up 8 pct, yet ad slump continuesSAN FRANCISCO — Yahoo Inc. eked out a slightly higher profit in the second quarter as its new, no-nonsense chief executive cut enough expenses to shake off the Internet company's sharpest drop in ad revenue since the dot-com bust.
Federal agency Web sites knocked out by massive, resilient cyber attackJuly 8th, 2009 Federal Web sites knocked out by cyber attackWASHINGTON — The Associated Press has learned that a widespread computer attack that began July 4 knocked out the Web sites of several government agencies, including some that are responsible for fighting cyber crime. Officials say the Treasury Department, Secret Service, Federal Trade Commission and the Transportation Department's Web sites were all down at varying points over the weekend and into this week.
Defense contractor tied to Murtha removed from list of companies barred from government workAugust 14th, 2009 Suspension lifted for contractor tied to MurthaWASHINGTON — Despite a growing corruption investigation, the Navy has allowed a defense contractor in the middle of a federal contracts-for-cash probe to keep working with the government. Under an agreement between the Navy and Kuchera Defense Systems of Windber, Pa., the company has made changes in its accounting practices in exchange for authority to seek government contracts again, Kuchera's lawyer said Thursday night.
Yahoo's plan to boost spending raises new worries after cost-cutting lifts 2Q profit by 8 pctJuly 22nd, 2009 Yahoo to spend more after cost cuts lift 2Q profitSAN FRANCISCO — Carol Bartz has already shown off her cost-cutting skills in her first six months as Yahoo Inc.'s chief executive. Now, she will try to prove she isn't making a a bad bet by spending more money while the Internet company's advertising sales are still sagging.
Business software provider QAD's 2nd-quarter loss essentially flat, revenue down 26 percentAugust 25th, 2009 QAD reports flat 2Q loss, sees small 3Q profitSANTA BARBARA, Calif. — Business software provider QAD Inc.
General Motors, Yahoo, Tiffany, Time Warner Cable among big market movers FridayMay 29th, 2009 General Motors, Yahoo, Tiffany are big moversNEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
General Motors Corp., down 37 cents to 75 cents
The UAW union approved a cost-cutting pact with the automaker, but a filing for bankruptcy protection was still expected by Monday. J. Crew Group Inc., up $5.40 at $25.86
The apparel retailer's strong first-quarter results, including higher sales and customer traffic, signaled a rebound from a tough 2008.
Google CEO Eric Schmidt won't resign from Apple despite threats of anti-trust lawsuitMay 8th, 2009 Google CEO to stay on Apple board despite inquiry
MOUNTAIN VIEW, Calif. — Google Inc.
First installment of unified cyber security framework for US releasedJune 18th, 2009 WASHINGTON - The first installment of a three-year effort to build a unified information security framework for the entire federal government of the United States has been released. It has been released by the National Institute of Standards and Technology (NIST), in partnership with the Department of Defense (DOD), the Intelligence Community (IC), and the Committee on National Security Systems (CNSS).
Yahoo's second-quarter profit climbs 8 percent as cost cutting offsets slumping ad salesJuly 21st, 2009 Yahoo 2Q profit rises 8 pct despite weak ad salesSAN FRANCISCO — Yahoo Inc. eked out a slightly higher profit in the second quarter as its new, no-nonsense chief executive cut enough expenses to shake off the Internet company's sharpest drop in ad revenue since the dot-com bust.
Analyst upgrades Gartner on stabilization of corporate IT spending; shares flat in down marketAugust 17th, 2009 Analyst upgrades Gartner; shares flatNEW YORK — An analyst upgraded his rating on research and consulting company Gartner Inc., saying that corporate information technology spending appeared to be stabilizing with a rebound expected in 2010. JPMorgan Securities analyst David Lewis raised his rating on the stock to "overweight" from "neutral" and increased a price target for December 2010 to $23, up from $17.
Bill Gates: Better data on student, teacher performance will raise achievement in US schoolsJuly 21st, 2009 Bill Gates: Better data mean better schoolsPHILADELPHIA — The U.S. must improve its educational standing in the world by rewarding effective teaching and by developing better, universal measures of performance for students and teachers, Microsoft co-founder Bill Gates said Tuesday.
Facebook says it brought in more money than it spent in 2nd qtr, ahead of 2010 goalSeptember 15th, 2009 Facebook says it passed key financial milestoneSAN FRANCISCO — Facebook Inc. said Tuesday it achieved an important financial milestone, bringing in more money than it spent in the last quarter.
Google overcomes slowest revenue growth yet to boost 2Q profit 19 pct, topping analyst viewsJuly 16th, 2009 Google 2Q profit up 19 pct amid slowing ad salesSAN FRANCISCO — Google Inc.'s Internet ad sales grew at its slowest rate ever during the spring, forcing the online search leader to tighten its belt another notch to propel its second-quarter profit above analyst estimates. The performance — punctuated by a revenue growth of just 3 percent — disappointed investors.
Indian state-run firms spent $3.1 bn on IT: StudySeptember 16th, 2009 NEW DELHI - State-owned firms spent $3.1 billion on information technology in India during 2008 and the amount is expected to top $5 billion by 2011 at an annual growth of 19 percent between 2007-2011, says a new study by Springboard Research. More than two-thirds of the total spending will be led by the federal government, with states accounting for 22 percent and local governments for another 11 percent says the study on public sector IT opportunities in India by the market research firm.
Web surfers can now 'Huli ia Google,' or 'search Google,' in Hawaiian languageAugust 7th, 2009 Google search engine now available in HawaiianHILO, Hawaii — Google users can now use the popular Internet search engine in the Hawaiian language. Web surfers can find the option, "Huli ia Google," or "search Google," on Apple's Safari browser, thanks to a project by a University of Hawaii at Hilo professor.