FresnoBee.com: California Business

Netflix settlement trims 14 pct off 4Q earnings

Fri, 10 Feb 2012 15:49:08 PST

Netflix pressed the rewind button on its fourth-quarter earnings after settling allegations that the video subscription service violated a consumer-privacy law. Read comments

MF Global trustee sees shortfall of $1.6 billion

Fri, 10 Feb 2012 15:39:09 PST

The trustee overseeing MF Global's liquidation said Friday that the shortfall between the funds under his control and the amount customers of the failed brokerage are expected to claim is at least $1.6 billion. Read comments

Int'l Paper can proceed with Temple-Inland buyout

Fri, 10 Feb 2012 09:58:49 PST

International Paper Inc. will be allowed to go ahead with its $3.7 billion acquisition of smaller rival Temple-Inland Inc. after reaching a settlement with the Justice Department's antitrust division. Read comments

US video game sales fall 34 percent in January

Thu, 09 Feb 2012 16:02:29 PST

U.S. retail sales of video game hardware, software and accessories fell 34 percent in January from a year earlier to $751 million due to the lack of new game titles, according to market researcher NPD Group. Read comments

NY attorney general ends lawsuit against Intel

Thu, 09 Feb 2012 14:42:29 PST

Intel Corp. is paying $6.5 million as part of a deal to terminate an antitrust lawsuit filed against the chip-maker by the New York attorney general's office. Read comments

LinkedIn's 4Q revenue doubles, stock soars 8 pct

Thu, 09 Feb 2012 13:42:29 PST

LinkedIn provided further evidence of online networking's popularity and moneymaking potential with a fourth-quarter performance that got a glowing review on Wall Street. Read comments

Report says Apple to unveil new iPad in March

Thu, 09 Feb 2012 12:42:28 PST

A news report says Apple plans to unveil a new iPad early next month. Read comments

Oracle to pay $1.9B for Taleo, extends SAP rivalry

Thu, 09 Feb 2012 06:07:28 PST

Oracle Corp. is escalating its rivalry with German business-software maker SAP AG with a $1.9 billion purchase of Taleo Corp., a company that helps businesses hire and manage their employees. Read comments

Diamond Foods fires CEO, CFO after internal audit

Wed, 08 Feb 2012 14:27:29 PST

Diamond Foods Inc. is replacing its CEO and chief financial officer after an internal investigation found that the company improperly accounted for payments to walnut growers and it needs to restate two years of financial results. Read comments

Lawsuit seeks to block Google's privacy changes

Wed, 08 Feb 2012 14:22:29 PST

A consumer watchdog group is suing the Federal Trade Commission in an attempt to prevent Google from making sweeping changes to its privacy policies next month. Read comments