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Technology / Business news 1234

Apple agrees to settle iPod lawsuit

May 10, 2008 | User rating: not shown ( 3 vote(s) ) | No comments yet

(AP) -- Apple Inc. has agreed to settle a pair of class-action lawsuits in Canada alleging it misled customers about the staying power of their iPods, the latest courtroom truce over the dwindling battery life of early generations ...


Dish Network's 1Q profit up 65 pct amid slowdown

May 13, 2008 | User rating: not rated yet | No comments yet

(AP) -- Dish Network Corp. said Monday its first-quarter net income rose 65 percent even though new subscriber growth of its satellite television service plunged on the languishing economy and stiffer competition.


HP says it will buy EDS for about $12.6 billion

May 13, 2008 | User rating: not rated yet | No comments yet

(AP) -- Hewlett-Packard Co. has agreed to buy Electronic Data Systems Corp. for about $12.6 billion to build a technology-services company that could challenge IBM.


Microsoft appeals $1.4B EU antitrust fine

May 10, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- Microsoft Corp. on Friday said it has appealed a $1.39 billion fine imposed in February by the European Commission for the company's failure to comply with a 2004 antitrust order.


Texas may claim Amazon owes sales taxes

May 09, 2008 | User rating: 4.2 / 5 after 5 vote(s) | User comments: 1

(AP) -- Texas officials may claim that Amazon.com owes millions in sales taxes on purchases that state residents made from the Internet retailer.


Clear Channel, banks, buyers in settlement talks

May 12, 2008 | User rating: not rated yet | No comments yet

(AP) -- Clear Channel Communications Inc. and its prospective buyers are talking with banks to try to settle a dispute over whether the banks must fund promised loans for the $19.5 billion takeover, the radio and outdoor ...


HP in talks to buy EDS in deal reportedly worth $12B to $13B

May 12, 2008 | User rating: not rated yet | No comments yet

(AP) -- Hewlett-Packard Co. is negotiating to buy information technology services provider Electronic Data Systems Corp. in a deal that could help the world's largest personal computer maker win more consulting contracts ...


Microsoft exec Jeff Raikes to run Gates Foundation (Update)

May 12, 2008 | User rating: not rated yet | No comments yet

(AP) -- The Bill & Melinda Gates Foundation says Microsoft Corp. executive Jeff Raikes will be its next CEO.


AMD tightlipped on company's future

May 08, 2008 | User rating: 4 / 5 after 5 vote(s) | No comments yet

(AP) -- Grappling with major layoffs and a stock price that's been chopped nearly in half since last year, Advanced Micro Devices Inc. kept new details about its turnaround plans close to the vest Thursday in a very brief ...


Yahoo facing shareholder fireworks at July 3 annual meeting

May 06, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- When Yahoo Inc. holds its annual meeting July 3, expect fireworks from irate shareholders seeking retribution for the company's decision to remain independent instead of accepting a $47.5 billion ...


Yahoo shares fall 15 pct after Microsoft withdraws bid

May 05, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- Yahoo shares fell 15 percent Monday as hopes for the once-dominant Internet icon dimmed following Microsoft's withdrawal of a $47.5 billion takeover bid.


WTO gives Japan until September to change chip import rules

May 05, 2008 | User rating: 3.5 / 5 after 8 vote(s) | User comments: 1

(AP) -- The World Trade Organization is giving Japan until Sept. 1 to change its punitive charges on imports of South Korean computer memory chips.


Competitive zeal of Ballmer key element in Yahoo chase

May 04, 2008 | User rating: not shown ( 2 vote(s) ) | User comments: 1

(AP) -- As Yahoo continued to resist Microsoft's $42 billion takeover offer, a key question was just how far Microsoft's excitable CEO, Steve Ballmer, was willing to go in hopes of defeating online advertising ...


Activision 4Q profit soars past expectations

May 09, 2008 | User rating: not rated yet | No comments yet

(AP) -- Video game publisher Activision Inc.'s fiscal fourth quarter was exceptional, with sales of "Guitar Hero III" and "Call of Duty 4" pushing profit and revenue well above guidance and analyst estimates.


Report: Microsoft-Yahoo deal may go hostile Friday

May 02, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- Microsoft Corp. may go hostile in its bid for Yahoo Inc. as soon as Friday, according to a published report.


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