Sony Corp., a struggling electronics maker trying to regain its once stalwart status, is undertaking a major restructuring that includes the sale of its PC division, a spinoff of its TV business and layoffs of thousands of employees.
Google Inc. cleared out a key antitrust case, among other battles it faces, by agreeing to terms with European officials over allegations that the Internet giant abused its search-engine dominance to promote its own services over those of competitors.
(MCT) – Intel Corp.'s effort to battle TiVo and other Silicon Valley companies for control of American living rooms ended Tuesday, when the chipmaker announced it is selling a division sprouted to develop a set-top box for televisions to cable operator Verizon.
Cracker Barrel Old Country Store Inc. on Tuesday responded to its largest shareholder Sardar Biglari’s latest attempts to gain control of the Lebanon-based company by giving in to a request for a special shareholders’ meeting.
SEATTLE (MCT) – Starbucks Corp. said it will soon roll out an update for its iOS mobile application, which a security expert says had a critical flaw that potentially exposed customer data to computer-savvy phone thieves.
Cracker Barrel Old Country Store Inc.’s largest shareholder continued his quest to gain a foothold on ownership of the company Thursday in sending a statement to shareholders asking for a vote on whether the company should be sold.