RealNetworks today announced that the company sold more than one million songs in the first week of its "Freedom of Choice" campaign. The combination of the ongoing 49-cent-per-song RealPlayer Music Store promotion and a simultaneous promotion of Rhapsody resulted in the highest number of songs sold...
Eastman Kodak has signed an agreement to purchase National Semiconductor's imaging business unit, which develops and manufactures metal oxide semiconductor image sensor (CIS) devices. Terms of the agreement were not disclosed. As part of this agreement, Kodak will acquire certain assets, including i...
HP has confirmed that it is planning to acquire UK services firm Synstar in a deal believed to be valued at around US$160 million.
Loudeye today announced a multiyear agreement with the multimedia business group of Nokia to develop a wireless digital music platform for mobile operators and their subscribers worldwide. This agreement includes a multimillion dollar commitment to Loudeye for development fees and defines a global c...
Consumer spending fell sharply in June as fuel prices continued to put a crimp in discretionary purchases and amid overall concern about the economy, the government reported today. The Commerce Department said consumer spending fell .7 percent in June, the largest single-month drop in three years an...
Hollinger International sold the Telegraph newspaper and related assets to Britain's Barclay brothers Friday for $1.3 billion, the Independent said Friday.
Oil prices eased off record highs, giving investors enough breathing room to move Wall Street slightly higher on Thursday after another round of positive earnings reports. The Dow finished higher by 12.17 points, closing at 10,129.24. The Nasdaq was also up, gaining 22.80 points, or more than 1.2 pe...
Crude oil prices soared Wednesday, reaching their highest levels in 20 years after another violent day in Iraq and more bad news from Russia's Yukos renewed fears about supplies to the U.S. and other countries being impacted by terrorism. During the trading day, prices for crude futures actually set...
The price of crude oil hit a record high of 43 dollars per barrel Wednesday in the NYMEX futures' market. Trading prices dropped again to 42.85 dollars but remained above previous record of 42.45 dollars per barrel, set on June 2. Wednesday's top price, asked for oil to be delivered in September, wa...
Consumer confidence jumped more than 3 points this month, reaching a two-year high and providing a sign that the economy might be in for another burst of growth. The news was enough to send the bulls running on Wall Street, driving the Dow up by triple digits and ending a lengthy skew of losing or f...
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