iPhone Alarm Problems Continue for Third Day

Three days into January 2011 and some Apple (AAPL) iPhone users are still struggling with a glitch in the phone’s alarm function.

For a third consecutive day, iPhone alarms failed to go off, leading to users missing flights and arriving late at work …

Facebook Receives $500 Million Investment, New York Times Says

Facebook raised a $500 million investment from investment bank Goldman Sachs Group (GS) and an unnamed Russian investor, according to The New York Times.

The deal values the social-networking site at $50 billion, more than companies including Yahoo I…

Buzzword of the Week: Drive

Once a clearly defined term that meant “to use force to compel or control a physical thing,” drive has become one of the most insidious and overused buzzwords in the business lexicon. What’s being driven now is often intangib…