CIO Insight Staff

Warren Buffett on Sunday said he does not expect financial markets to panic as write-downs and losses for bad debts mount in the financial services industry, but said those losses were not over "by a long shot." The world’s richest person, who runs Berkshire Hathaway, said at a press conference the Federal Reserve brought markets […]

Amazon.com has sued the state of New York, challenging a new statute requiring Internet retailers based elsewhere to collect New York sales taxes. Amazon, the world’s largest Internet retailer, said in a complaint filed in the Supreme Court of the State of New York on April 25 that the new law, passed by the state […]

Employers cut jobs for a fourth straight month in April but not as vigorously as feared, according to a government report on Friday that also showed an unexpected improvement in the unemployment rate last month. The Labor Department said 20,000 jobs were shed last month, far fewer than the 80,000 that economists anticipated would be […]

Microsoft Chief Executive Steve Ballmer said on Thursday that walking away from a deal with Yahoo remained one of "three big options" the company is weighing and to expect an announcement shortly. Neither side would comment on whether they were seeking a last-minute deal before Microsoft makes good on its threat to turn its unsolicited bid, […]

Microsoft and Yahoo have intensified talks in an effort to reach a friendly agreement on a buyout of Yahoo, a source familiar with the matter said on Friday. Yahoo shares rose 6.4 percent on news of the accelerated talks, as investors had feared Microsoft might walk away from its unsolicited bid or launch a proxy […]

It took about 40 years to find it, but scientists at Hewlett-Packard said on Wednesday they discovered a fourth basic type of electrical circuit that could lead to a computer you never have to boot up. The finding proves what until now had only been theory–but could save millions from the tedium of waiting for […]

IBM is introducing tools to reduce computer energy consumption as IBM hopes to boost its business of selling power-saving technologies. The products, announced at an IBM business-partner conference in Los Angeles, are designed to measure power consumption and reduction across energy-hungry computer data centers that run corporate networks and Web sites. The world’s largest technology […]

The U.S. economy may be in a funk, but that’s nothing compared with the pall hanging over Wall Street. Some of the biggest U.S. investors said on Tuesday they expected the nation’s economy to get worse, but then work its way toward recovery later this year. On Wall Street, however, the road back to health […]

Google’s top priority this year is to make money off its YouTube video-sharing site, Chief Executive Eric Schmidt said in a TV interview that sent Google’s shares up 4.7 percent. "I don’t think we’ve quite figured out the perfect solution of how to make money, and we’re working on that. That’s our highest priority this […]

Advanced Micro Devices on Sunday unveiled its first computer brand, aimed at small and medium-sized businesses, with design and sales help from its major chip customers such as Dell. AMD Business Class desktop personal computers will be followed by notebook PCs in the second half of this year. AMD customers who plan to sell the […]

Google believes regulators would not bar a potential business deal with Yahoo because it would be "non-exclusive" and falls short of an outright merger, a person familiar with Google’s thinking said on Friday. Yahoo is exploring alternatives to Microsoft’s $42.7 billion takeover offer, which the Web pioneer has rejected for being too low. The U.S. […]