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Technology / Business news 1234

Infineon CEO to quit: report

2 hours ago | User rating: not rated yet | No comments yet

The chief executive of troubled German chipmaker Infineon, Wolfgang Ziebart, is to quit after losing the confidence of the board, a newspaper report said Friday.


Video game, accessory sales jump 47 pct in April

4 hours ago | User rating: not rated yet | No comments yet

(AP) -- Americans spent $1.23 billion on video games, hardware and accessories in April, up 47 percent from a year earlier, even as the price of more essential items like food and gasoline soared.


Gemstar-TV Guide ex-CEO now wanted for obstruction

3 hours ago | User rating: not rated yet | No comments yet

(AP) -- Federal authorities said Thursday that former Gemstar-TV Guide International Inc. chairman Henry Yuen is a fugitive after he was indicted on a felony obstruction charge that carries a possible five-year prison term.


Nintendo hit with $21 million patent infringement

May 15, 2008 | User rating: 2.8 / 5 after 8 vote(s) | User comments: 1

(AP) -- Nintendo of America Inc. was ordered to pay a small East Texas gaming company $21 million Wednesday for infringing on a patent while designing controllers for its popular Wii and GameCube systems.


Electronics maker NEC's profit more than doubles

May 15, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- NEC Corp.'s profit for the fiscal year through March more than doubled from the previous year as the Japanese electronics maker's mobile phone and computer-chip businesses swung to profit.


Report: Investor to lead fight against Yahoo board

May 15, 2008 | User rating: not rated yet | No comments yet

(AP) -- Billionaire investor Carl Icahn reportedly has decided to lead a mutiny against Yahoo Inc.'s board in an attempt to pressure the directors into reviving negotiations to sell Yahoo to Microsoft Corp.


CBS in $1.8B deal for online news, info site CNet

May 15, 2008 | User rating: not rated yet | No comments yet

(AP) -- Media and entertainment company CBS Corp. is buying CNet Networks Inc., an online news and information provider, for $1.8 billion in cash in its latest bid to expand its reach on the Internet, the companies announced ...


PurchasePro founder convicted in stock fraud scheme

20 hours ago | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- A one-time dot-com billionaire was convicted Thursday of stock fraud and obstruction of justice after a court finding that he deceived investors in his Las Vegas software company.


EU gives green light to TomTom takeover of Tele Atlas

May 14, 2008 | User rating: 3 / 5 after 5 vote(s) | No comments yet

EU regulators on Wednesday approved Dutch technology group TomTom's takeover of Tele Atlas after an in-depth probe found the deal would not significantly reduce competition in the SatNav sector.


Reports: Carl Icahn considering attempt to oust Yahoo board

May 13, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- Billionaire investor Carl Icahn reportedly is snapping up Yahoo stock in preparation for a possible attempt to replace the Internet company's board after the directors turned down Microsoft's $47.5 billion takeover ...


SEC charges Broadcom co-founders in stock options probe

May 14, 2008 | User rating: not shown ( 2 vote(s) ) | No comments yet

(AP) -- Securities regulators on Wednesday charged Broadcom Corp. co-founders Henry T. Nicholas III and Henry Samueli with falsifying the company's reported income, leading to what is believed to be the largest accounting ...


SK Telecom in 'strategic' talks with Virgin Mobile

May 14, 2008 | User rating: not rated yet | No comments yet

(AP) -- Virgin Mobile USA Inc. said Wednesday it is in preliminary talks with South Korea's SK Telecom Co. about possible "strategic options," a phrase that usually suggests a buyout or major investment.


HP has eye on IBM as it discusses EDS acquisition

May 13, 2008 | User rating: not shown ( 3 vote(s) ) | No comments yet

(AP) -- Having seized the lead in personal computer sales worldwide, Hewlett-Packard Co. is stalking the technology services market for its next conquest.


Sale to HP will end EDS independence

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

(AP) -- Eight months into his tenure as CEO of Electronic Data Systems Corp., Ronald Rittenmeyer is overseeing the sale of the company, something he says he never planned. "It just came together," Rittenmeyer said Tuesday ...


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.


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