Nasdaq - News, Features, and Slideshows

News

  • BlackBerry warns of disastrous Q2

    BlackBerry shares plunged 20% late Friday afternoon as the company announced plans to fire 40% of its employees and eventually cut expenditures in half over the next nine months. The actions were in response to the company's warning of a collapse in second fiscal quarter earnings.

  • Five indicted in massive hacking scheme

    Five men from Russia and Ukraine have been indicted in New Jersey for charges they conspired with each other in a worldwide hacking scheme targeting major corporate networks that compromised more than 160 credit card numbers, the U.S. Department of Justice announced.

  • Nasdaq settles US SEC charges for Facebook's IPO

    The U.S. Securities and Exchange Commission charged the Nasdaq stock exchange with violations of securities law for its "poor systems and decision-making" during Facebook's initial public offering, the agency has announced.

  • Wall Street eyes cloud computing -- cautiously

    While the potential benefits of cloud computing, such as resource flexibility, are appealing to many IT executives, security and regulatory concerns are either limiting or preventing its use by Wall Street financial firms.

  • Wall Street Beat: IT leads market rally

    Are shares of IT vendors set to rise again? Fueled by strong sales reports from Lenovo and NetApp, tech stocks led a broad market rally Thursday that was generally ascribed to news about China's confidence in Europe, which faces a debt crisis in Greece and other Mediterranean countries.

[]