CIO Insight Staff

Apple Chief Executive Steve Jobs sought to soothe investor concerns about his health on Monday, saying his weight loss was caused by a hormone imbalance that is relatively simple to treat. Shares of Apple rose more than 5 percent in midday trade, as Jobs, a pancreatic cancer survivor, said he would remain CEO during his […]

Wal-Mart Stores said on Friday it will start selling Apple’s iPhone on Sunday, but the popular cell phones that can surf the Web will not be priced as low as some anticipated. Wal-Mart plans to sell the black 8-gigabyte iPhone 3G model, which also holds about 2,000 songs, for $197. The 16-gigabyte model, in black […]

Aiming to mass-produce a lithium battery for vehicles, 14 U.S. companies with expertise in batteries and advanced materials have formed an alliance with a government laboratory, the lab said on Thursday. The alliance, which includes battery industry giants such as 3M Co and Johnson Controls-Saft, intends to secure $1 billion to $2 billion in U.S. […]

LinkedIn, the professional social networking company said its Chief Executive Dan Nye is resigning after less than two years at the helm, the Wall Street Journal reported. Nye will be replaced by LinkedIn founder Reid Hoffman, the paper said, adding that the reasons behind Nye’s departure were unclear. Hoffman was CEO of LinkedIn before Nye […]

Google has approached Internet carriers with a proposal to create a "fast lane" for its own content, countering its previously stance of equal network access for all content providers, The Wall Street Journal reported on Sunday. One major cable operator in talks with Google said it has been reluctant to forge a deal because of […]

IBM, Dell and Intel stand out among technology and consumer-products companies for their policies directed at averting climate change, according to a study released on Thursday. Ceres, an investor coalition focused on environmental concerns, commissioned the study evaluating how effective 63 companies in the tech, consumer products, leisure and drug sectors have been in institutionalizing […]

Ivory Investment Management, which owns 1.5 percent of shares of Yahoo, urged the Internet company to sell its search business to Microsoft, saying such a deal could more than double Yahoo’s value. Ivory proposed in a letter to Yahoo’s board that it salvage a deal with Microsoft, which had failed earlier this year to buy […]

Young professionals and recent graduates have struggled to find work in a sliding economy, but one area–Silicon Valley–has been relatively immune. Until now. Silicon Valley companies that initially resisted the swooning of the economy are looking to cut costs and shed entry-level positions, and people in their 20s are finding a college degree is no […]

The media and technology sector, which has seen a spate of failed merger attempts in 2008, should brace for more aggressive dealmaking next year spurred by bargain-basement valuations. Top executives at the Reuters Media Summit in New York this week said they saw increased opportunities for the strong to buy the weak, as the recession […]

A cheaper version of Apple’s iPhone will be sold at Wal-Mart Stores for $99 later this month, the New York Post said. Two models of the popular device will hit shelves at the retail giant, the paper said, citing employees at several stores. Employees also told San Jose-based Mercury News that the $99 iPhones would […]

Microsoft tapped on Thursday a former senior Yahoo executive, Qi Lu, to head its online services group. The software giant, which tried and failed to buy Yahoo earlier this year, is looking to revamp its search-ad strategy to better compete with the industry juggernaut, Google. Microsoft also has decided it does not want to buy […]