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European Union antitrust regulators have given Microsoft more time to prove it is complying with a requirement to fairly license its server software communications protocols Microsoft now has until April 23 to respond to charges from the European Commission, which has said that Microsoft has yet to fully comply with a condition of its 2004 antitrus...
Chipmaker Intel announced Monday it would build a US$2.5 billion wafer fabrication facility in northeast China, the company's latest and largest investment to date in the booming country The plant -- which will also be Intel's first fabrication plant, or fab, anywhere in Asia -- will be located in the coastal city of Dalian in Liaoning Province in ...
On his drive into work at Texas Instruments in Dallas, Trevor Pavey can stop at any number of restaurants and retailers where he can use his cell phone to pay for his purchases. Once he gets to work, he can use his cell phone to buy lunch in the company cafeteria or even from the vending machines in the hallway Pavey's new payment form comes courte...
In a widely expected but potentially devastating development, a federal judge Friday issued a permanent injunction barring VoIP (Voice over Internet Protocol) firm Vonage from using technology that a jury last week found was first developed and patented by Verizon Communications Judge Claude Hilton said he issued the injunction after finding that i...
The Federal Communications Commission (FCC) appears poised to halt a lengthy review that could have ended the ban on mobile phone use during airline flights FCC Chairman Kevin J. Martin has begun circulating a motion to full commission that calls for the idea of expanding use of cell phones on planes to include the time planes are in the air to be ...
NBC and News Corp. -- which owns Fox -- plan to take on Google's YouTube by forming their own Web-based video outlet to gain exposure for their deep wells of content and partnering with a host of Google competitors to make it happen The two media giants say their site will instantly be the largest Internet video distribution network on the Web. AOL...
Microsoft continues to abuse its market position to gain market share, particularly in the business server software space where earlier antitrust penalties were aimed at boosting competition, the European Union's top regulator told the European Parliament Thursday The market situation is "not acceptable" some three years after the European Commissi...
No. 2 cell phone maker Motorola on Thursday said it would miss its current quarterly sales growth targets by US$1 billion or more and replaced its chief financial officer as part of a restructuring aimed at righting what appears to be a badly listing corporate ship Schaumburg, Ill.-based Motorola, the largest U.S.-based mobile handset maker and sec...
Business software giant Oracle blew past Wall Street targets for profit and revenue in its third quarter, with demand for many of its applications lending further support to its massive acquisition spree The company's results also may help ease investor concern about the health of technology spending inside businesses around the world and the outlo...
Blockbuster on Tuesday said it had settled its long-simmering pay dispute with Chairman and CEO John Antioco, striking a deal that calls for him to step down later this year with a reduced pay and bonus package Under the deal, the movie rental chain will pay Antioco a bonus of US$3.05 million for calendar year 2006, a compromise between the $2.28 m...
Dell founder and CEO Michael Dell called on India to lower its taxes on foreign-made computers, saying the fast-growing market could invite more investment by doing so Dell, whose namesake company is set to open its first Indian PC production plant in the southern city of Chennai later this year, said his company's sales in India are on pace to dou...
Ending months of speculation, Google confirmed that it has acquired in-game advertising firm Adscape Media. The move could help make Google a player in a market already being heavily targeted by Microsoft and other rivals Google confirmed the purchase on its official blog through a posting by Bernie Stolar, a former Sega executive who joined Adscap...
The trial of the former Qwest Communications CEO Joseph Nacchio began Monday. Nacchio is accused of violating insider trading laws as he sold some US$101 million of the telecom company's shares. This is a case that could help close the book on the wave of major corporate scandals that hit the United States five years ago Nacchio, who served as Qwes...
Cingular Wireless will refund US$18.5 million to former California customers who were charged penalties for canceling substandard wireless service. The company will also drop its plans to appeal the ruling to the Supreme Court Under an agreement reached with the California Public Utilities Commission (PUC), Cingular agreed to issue refunds to all c...
The Japanese Internet mogul who became emblematic of the high-flying Internet sector in that country was found guilty Friday of fraud and sentenced to 2 1/2 years in prison Takafumi Horie, the 34-year-old founder of Internet portal, Web services and interactive marketing firm Livedoor, was found guilty of securities laws violations related to the m...
Time Warner's AOL unit said it would withdraw its US$900 million offer to purchase the Swedish online marketing company TradeDoubler, saying it had not received enough interest in its bid from shareholders TradeDoubler's management had backed the AOL offer, which was made in January, but several major funds had said they would withhold their shares...
Former Hewlett-Packard Chairwoman Patricia Dunn, whose decision to aggressively investigate boardroom press leaks led to a scandal and a wave of resignations -- but little collateral damage for the PC maker -- was cleared of all criminal charges Wednesday Judge Ray E. Cunningham dismissed all charges against Dunn, who had been indicted in October o...
While Viacom is seeking a cool US$1 billion in its suit against Google's YouTube for allegedly using Viacom's copyrighted content without permission, the stakes may be far higher for Google and other Internet companies Google is expected to argue that the safe harbor provision of the Digital Millennium Copyright Act (DMCA) gives it protection again...
Enterprises continue to add to their data storage capacity, with external disk storage system sales up 5 percent in the fourth quarter of 2006 to US$6.9 billion, according to a report released Monday by research firm IDC IDC's Quarterly Tracker report on disk storage systems found the total disk storage capacity sold topped 1,030 petabytes, up more...
The U.S. Securities and Exchange Commission (SEC) on Monday filed civil fraud charges against four former executives of troubled telecom gearmaker Nortel Networks, which has spent the past several years embroiled in an accounting mess The executives had engaged in "accounting fraud to bridge gaps between Nortel's true performance, its internal targ...
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