In her first major announcement since taking over the role as CEO for Hewlett-Packard, Meg Whitman announced that Hewlett-Packard (HPQ) has indeed decided to continue its PC business, following months of speculation that it would decide to spin-off the business. The idea to spinoff the PC division was first proposed in August by former CEO Leo Apotheker as part of a sweeping overhaul he was trying to do to the company. This ...

Online auction e-commerce site eBay (EBAY) announced that it plans to buy Boston based mobile advertising provider, Where Inc. Financial terms have not been disclosed, but eBay did announce that it plans to integrate its Paypal system into the mobile app. Where offers users "location aware" advertisements, as well as a "mobile discovery" service that allows its users to find new and interesting things close to where they are. eBay's plan to integrate ...

Google (NYSE: GOOG) has not confirmed the details just yet, but it appears all but certain that the search engine giant will be launching a music search next week that will allow users to search for music and gives the ability to download selected tracks. Music downloads has been a major driving force for Apple (NASDAQ: AAPL) through its iTunes service, and Google is looking to grab a piece of that ...

Time Warner announced today that it had reached a deal with Google's YouTube site to start showing clips of some of its popular television shows and movies.Google has been under increasing pressure as of late to turn a profit from the video sharing site that it paid $1.65 billion for in 2006, and today's deal should help give its advertising revenues a nice little bump.Time Warner will sell ads for ...

Retail sales figures for January are in, and the picture is not pretty for most retailers out there. According to the International Council of Shopping Centers, sales dropped by 1.6% in January, which was actually a little better than the 2 to 3% dip analysts had been expecting, but still marking the fourth straight month sales have shrunk. While most retailers are facing hard time, Wal-Mart (NYSE: WMT) actually had a ...

With the way oil prices have been moving this year, it is not too surprising that oil giant Exxon Mobil (NYSE: XOM) was able to show yet another record setting quarterly profit this morning. However, despite the record setting quarter, the company still failed to meet analyst expectations. Let's take a look at the numbers; For the quarter, Exxon posted $2.22 per share on profits of $11.68 billion and a stunning ...

As we looked at last week, disgruntled eBay (NASDAQ: EBAY) users decided to get together and boycott eBay in reaction to a couple of key changes that were made on the site. These changes were (in summary): Increased final selling fees Allowing PayPal to hold certain payments up to 21 days Removing the option for for sellers to leave negative feedback on sellers The eBay boycott was supposed to last a week, but was extended ...

E-commerce giant eBay (NASDAQ: EBAY) has been dealing with a lot of user feedback, that has been coming in the form of a "sellers strike" being launched by its large sellers over the past week. But, as some users will argue... eBay has not been dealing with any thing at all. The current strike stems from disapproval over a couple of new changes being made by eBay management. There are three ...