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Posted inBusiness

Regulators to seek new rules for eight of largest U.S. banks

WASHINGTON – Regulators want to require eight of the largest U.S. banks to meet a stricter measure of health to reduce the threat they pose to the financial system. The Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency are expected to propose Tuesday that banks increase their […]

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Early search engine AltaVista goes dark

NEW YORK – Once up on a time, there was a popular search engine called AltaVista. It lives no more. On Monday, its owner Yahoo Inc. sent AltaVista.com to the Internet graveyard to rest alongside order-almost-anything venture Kozmo.com and the butler from Ask Jeeves. Palo Alto, Calif.-based AltaVista was introduced in 1995, three years before […]

Posted inBusiness

T-Mobile helps iPhone get more market share

T-Mobile helped increase the iPhone’s share of the smartphone market in the latest three-month period, according to a survey released Monday. Apple’s U.S. smartphone market share increased 3.5 percentage points in the three months that ended in May from the same period last year, according to consumer research firm Kantar Worldpanel. The iPhone accounted for […]