Best Buy is going to be whacked by "external pressures" such as deflationary pricing and weak demand for electronics. The fix is more investment on technology and omnichannel e-commerce tools.
Between the Lines
Larry Dignan and other IT industry experts, blogging at the intersection of business and technology, deliver daily news and analysis on vital enterprise trends.
Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CNET News.com. Larry has covered the technology and financial services industry since 1995, publishing articles in WallStreetWeek.com, Inter@ctive Week, The New York Times, and Financial Planning magazine. He's a graduate of the Columbia School of Journalism and the University of Delaware.
Zack Whittaker is a writer-editor for ZDNet, and sister sites CNET and CBS News. He is based in the New York newsroom. His PGP key is: EB6CEEA5.
Rachel King is a staff writer for CBS Interactive based in San Francisco, covering business and enterprise technology for ZDNet, CNET and SmartPlanet. She has previously worked for The Business Insider, FastCompany.com, CNN's San Francisco bureau and the U.S. Department of State. Rachel has also written for MainStreet.com, Irish America Magazine and the New York Daily News, among others. Rachel has a B.A. in Mass Communications and History from the University of California, Berkeley and a M.S. in Journalism from Columbia University, where she served as art director for the student magazine, Plated. In her spare time, she enjoys playing trumpet, learning rock climbing and archery, and listening to NPR's Pop Culture Happy Hour. Someday she also will be perfectly fluent in both French and Spanish. Someday.
The discount retailer will close all of its stores in Canada just two years after entering the region, having suffered billions in losses in the expansion attempt. Wall Street responds positively.
The cloud move means that hardware vendors will have to sell servers, routers and storage systems to fewer players.
Samsung and BlackBerry may not be an item yet, but there are a lot of reasons why the case for a merger is stronger than ever.
Actually, this isn't the first time Samsung has been tied to BlackBerry buyout stories.
The president is pushing for the end of laws that protect larger, established Internet providers from competition, which he says harms the rollout of rural broadband services.
Logitech said it has already wired its Harmony platform and API to support more than 270,000 connected devices made by the likes of Nest, Honeywell, Sonos and SmartThings, among others.
"Of course, if the dog has actually eaten it, Classroom can't help you," admitted one Google software engineer.
Dubbed Payroll, its features help employers issue payroll, as well as with the electronic filling of state and federal payroll taxes.
Google has added Word Lens, a technology acquired last year, to its Google Translate app. The addition brings Google closer to its universal translator ambitions.
The Chinese e-commerce giant has invested in AdChina in order to develop an advanced end-to-end marketing platform.
PayPal Here compatibility will become available for the Surface Pro 3 tablet, the Lumia 830 and 635 smartphones, as well as other devices operating on Windows 8.1.
IBM's latest mainframe is being pitched to existing and new customers as a system that can handle all the transactions that flow through mobile devices.
After last year's hacks and cyberattacks, the U.S. government now supports controversial legislation that indemnifies tech companies from sharing private user data.
According to a survey by the National Federation of Independent Businesses, small business owners are at their most optimistic point since before the recession.
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