digital media

On Monday, Apple unveiled iCloud, which will allow users to store digital files on remote servers, and access them through smartphones, PCs or tablets. This should give a boost to iTunes, but that accounts for only about 2% of Apple's value. The real gain will be in how iCloud adds to the appeal of Apple's more lucrative devices.

Motorola snapped up virtual media storage maker Zecter, moving to bolster its Motoblur service and drive growth ahead of its split next month into Motorola Mobility and Motorola Solutions.

One Chinese company that stands to benefit from China's boom is tiny and little known COGO Group, which provides some of the nuts-and-bolts components and expertise that local manufacturers need to produce top-quality products.

Barnes & Noble reports a consolidated net loss of $63 million, or $1.12 per share. That's considerably more than the loss estimated by investors. Meanwhile, a battle with a major shareholder intensifies.

Today, roughly four seconds before 12:35, the digital date will be 12:34:56 07/08/09. According to various social-networking sites and pseudo-news blogs, this is a momentous event that will come only once in human history. Well, only once unless one happened to be up at 12:35 AM this morning, in...

Monday night, Air America CEO Bennett Zier led a panel with two media bigwigs and polar opposites: Craig Newmark, the laid-back founder of Craigslist, a self-proclaimed nerd who launched CL, "without a plan," in San Francisco, and Michael Wolff, an officer in the sorority of New York media lust,...