The Tribune Company Wednesday laid off 34 employees from its Interactive department, including 20 at news site LATimes.com, the online home of the Los Angeles Times.
Software giant Microsoft Corp. Tuesday won a round in its fight to stop the U.S. government from breaking company in two.
After operating under bankruptcy protection since early July, troubled crime news site APBnews.com was sold at auction today to SafetyTips.com for $575,000.
Although a recent study showed Internet employment is on the rise, several cash-strapped media sites on the Web are slashing jobs.
The Microsoft anti-trust case appears headed for the Supreme Court, just moments after U.S. District Judge Thomas Penfield Jackson today ordered the software giant to split into two companies.
Reactions to the Microsoft decision.
Lawyers for Microsoft Corp. Wednesday presented final arguments against a Justice Department proposal to break the software giant in two.
By PBS NewsHour
Assistant Attorney General Joel Klein discussed the government's recommendation to break up Microsoft in a press conference this afternoon. The following is text of his comments.
By PBS NewsHour
Following the government's announcement, several Microsoft officials made statements critical of the Justice Department's action and defending their company.
U.S. District Judge Thomas Penfield Jackson has found Microsoft guilty of violating federal antitrust laws.
Support Provided By: Learn more
Subscribe to Making Sen$e
Our newsletter about all things business, economics and your money