Business Tech

NYSE to Give TWTR IPO a Dry Run

The New York Stock Exchange is letting trading firms conduct a dry run of their systems to prepare for Twitter's initial public offering.

BlackBerry Says Never Mind the App Gap

When BlackBerry provided a dire update on its business last month, the floundering company signaled it was turning away from mainstream consumers to refocus its efforts on two markets: enterprise customers and so-called "prosumers."

Amazon Hits All-time High

Shares of Amazon reached a new all-time high Friday as a UBS analyst raised the online retailer's rating and price target, saying it has a chance to speed up revenue growth heading into the holiday season.

Google Stock Surges on Q3 Earnings

Google's earnings climbed 36 percent despite a deepening slump in its average ad prices, and its stock surged by more than 6 percent.

Analyst: IPhone, iPad Sales Trends Favor Apple

The fact that Apple is selling out of its high-end iPhones, bodes well for the company's bottom, an analyst says.

Apple Hires Burberry CEO to Run its Retail Operations

Apple has turned to Angela Ahrendts, the CEO of Burberry Group, to lead its retail operations.

BlackBerry Wants Customers to Hold on During Restructure

In an open letter released Monday afternoon on Twitter, BlackBerry tells its "customers, partners and fans" that they can continue to count on the Canadian smartphone maker.

Analog Devices Selling Mic Unit

Analog Devices Inc. is selling its microphone business to InvenSense Inc. for $100 million, saying that will help it better focus on businesses in other markets.

Netflix Shares up on Report of Cable Talks

Netflix Inc. is reportedly in talks with several cable companies to make its service available to cable customers.

With Twitter and Square Rolling on, Jack Dorsey's Hot Streak Continues

Jack Dorsey may shy from being called the Steve Jobs of his generation, but there's no question he's on one hell of a hot streak.

BlackBerry Founders May Buy Company

BlackBerry founders Mike Lazaridis and Douglas Fregin are considering an acquisition of the struggling smartphone company as it searches for a buyer.

Alcatel-Lucent to Cut 10,000 Jobs by 2016

Telecommunications giant Alcatel-Lucent said it will implement a restructuring plan to cut 10,000 jobs and $1.36 billion in operating costs.

Twitter's IPO Filing Reveals Unpleasant Surprises

Twitter plans to raise $1 billion in its initial public offering, but some experts were taken aback by the first-ever look at the microblogging startup's finances.

Cisco, Facebook Strike up a Partnership

Cisco Systems has struck a deal with Facebook to help businesses better target consumers using mobile devices.

Staples Buys Runa Software Firm

Office products retailer Staples Inc. said Wednesday it completed its acquisition of the Runa online shopping software company for an undisclosed sum.

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