Company News

Major Bitcoin exchanges hit with cyberattacks

Mt. Gox, a major Bitcoin exchange, was hit with a DDoS attack, amid surging interest in the digital currency.  More

Samsung's profit soars 53%

Samsung says its profit grew more than expected in an off-quarter for the Korean tech giant.  More

Big business fights human trafficking

Prodded by public pressure and a new California law, Delta, Apple and many other companies are taking steps to combat human trafficking.  More

Ray Lane stepping down as HP chairman

Ray Lane, HP's chairman, will step down after a tumultuous tenure.  More

The Facebook phone is here -- sort of

Facebook Home is custom Android software that will provide easier access to all its social media services.  More

Frommer's founder buys back travel guide brand from Google

Frommer's founder Arthur Frommer has bought his brand name back from Google, and he plans to continue publishing the printed guides.  More

Enron's Skilling could get sprung earl

The Justice Department is considering a resentencing hearing for ex-Enron CEO Jeffrey Skilling, which would potentially shorten his prison time.  More

New York KFC, McDonald's workers strike

Fast food workers are planning to protest across New York City Thursday, calling for higher wages and the right to organize.  More

Disney shutters LucasArts

The developer for numerous Star Wars games to be dismantled  More

Weird Yelp reviews: Prisons, traffic lights, Sarah Palin

Yelp users post reviews weird things: prisons, planets, and even Sarah Palin.  More

Warner Bros. launches streaming service for classic movies, TV

For $10 per month, Warner Archive Instant lets users stream content from the 1920s through the 1990s.  More

Bitcoin ATMs coming soon

Entrepreneur Jeff Berwick plans to put Bitcoin ATMs in Los Angeles and Cyprus in the coming weeks. But the virtual currency comes with risks.  More

CVS charges $133 more than Costco for generic drug

Shoppers paid an average of $749 more on five generic prescription drugs at pharmacies like CVS, Rite Aid and Target than they did at Costco and Sam's Club.  More

The startup bubble hasn't burst

Startups are growing up and beginning to mature, but the bubble hasn't burst. The nature of the game has changed.  More

TV streaming startup vs. the networks

Aereo allows users to stream broadcast networks over the internet and the major media companies are not happy about it.  Play

Bitcoin price goes on wild ride

The virtual currency Bitcoin saw its value skyrocket to $147, then fall back sharply in overnight trading.  More

Zynga goes all-in with online poker

Shares of FarmVille-creator Zynga surge after the social game provider launched online poker and other gambling games in the U.K.  Play

J.C. Penney CEO's pay slashed as company struggles

Compensation for J.C. Penney CEO Ron Johnson dropped from $53 million for 2011 to $2 million for 2012.  More

ADP: Private sector job growth slowed in March

Private sector added 158,000 jobs in March, according to a report issued Wednesday by payroll processing firm ADP.  More

Jay Z's latest venture: Sports agent

Jay Z shakes up baseball with deal to become agent to Yankees star Robinson Cano.  More

Automakers report strong March car and truck sales

Major automakers post solid car and truck gains in March, as pent-up demand continues to drive the sales rebound into spring selling season.  More

Apple dust-up leaves Chinese wondering

Promised service changes and an apology from CEO Tim Cook are likely to take the edge off an aggressive campaign against Apple waged by China's state media.  More

Can Microsoft survive a post-PC world?

Microsoft Windows runs on about nine of every 10 desktops in the world. But PC sales are slumping, and the mobile market, where Microsoft is lagging, is exploding.  More

Fannie Mae posts record profit

Improved housing market lifts Fannie Mae profits to record $17.2 billion in '12, just four years after losses forced government takeover and bailout.  More

Software is key to tech's next cool thing

Consumer hardware is stagnating, but software and design innovation could lead to things like wearable technology and computers like IBM's Watson that are aware of their surroundings.  More

Madoff victims get back another $500 million

More money returned to victims of Ponzi schemer Bernard Madoff. Some $5.4 billion has been returned to victims.  More

Feds move one step closer to hedge-fund titan Steven Cohen

JPMorgan had the London Whale. SAC Capital has the white whale, and with the arrest of a senior portfolio manager from the firm Friday morning, federal prosecutors are closer than ever to their elusive target.  More

Tech's broken promises: 6 innovations we're waiting for

Flying cars were always a pie-in-the-sky proposition, but hologram calls and many other bold tech ideas have hit unforeseen snags.  More

Tesla expects its first-ever profit

Tesla is expecting to turn its first ever profit this quarter. The company changed its first-quarter guidance after announcing sales of its Model S beat expectations.  More

Gay marriage's corporate boosters

Companies from Starbucks to Apple have come out in support of same sex couples.  More

EPA plans rules on clean gas

The Obama administration is pushing ahead with a plan to require cleaner gasoline as a way to reduce smog. Industry says the move will drive up the price of gas.  More

Samsung Galaxy S4 pre-orders start April 16 for $250

Samsung's flagship Galaxy S4 will be available for pre-order on AT&T for $250 -- a higher cost than last year's model  More

Sprint, SoftBank vow to drop Huawei equipment

Wireless carrier Sprint and SoftBank, its Japan-based suitor, have assured lawmakers in the U.S. that they will stop using equipment manufactured by China's Huawei.  More

Princeton mom: Women have a 'shelf life'

Princeton mom and alum Susan Patton tells CNNMoney that female students have a "shelf life" so they need to focus on finding a husband at the Ivy League school.  More

SAC Capital trader arrested

FBI arrests Michael Steinberg, trader at Steve Cohen's SAC Capital, as part of an insider trading investigation.  More

One in four U.S. firms in China report data theft

More than one in four U.S. businesses operating in China have experienced the breach or theft of proprietary data or trade secrets, according to a new survey.  More

5 technologies that may be 'the next big thing'

There hasn't been a truly innovative gadget in awhile, but flexible screens and four other promising new technologies could eventually lead to cool new devices.  More
Opinion
Apple is not overvalued ... yet

Apple is still reasonably priced, but it's no longer dirt cheap.

Opinion: Apple and Cisco are better than bonds

Who needs to own a boring U.S. Treasury bond when you can buy an exciting tech stock and get a similar -- or in many cases, higher -- yield in the process?

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