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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.


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.


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 ...


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 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.


PurchasePro founder convicted in stock fraud scheme

May 15, 2008 | 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.


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.


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.


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 ...


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.


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 ...


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.


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 ...


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.


Yahoo seeks to conceal parts of shareholder suit

22 hours ago | User rating: not shown ( 2 vote(s) ) | No comments yet

(AP) -- Yahoo Inc. is seeking to conceal large portions of a shareholder lawsuit alleging the Internet company's board improperly thwarted Micrsoft Corp.'s $47.5 billion takeover offer, raising shareholder questions over ...


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