Business news

Logitech buys video conferencing firm

Technology / Business

Nov 13, 2009 | not rated yet | 0

Switzerland-based Logitech is buying video-conferencing equipment firm LifeSize Communications in a 405-million-dollar deal expected to close next month.

NPD: October video game sales tumble 19 percent

Technology / Business

Nov 13, 2009 | not rated yet | 0

(AP) -- After a slight reprieve in September, U.S. video game retail sales slumped again in October, unable to escape the economic turmoil that's cutting into consumer spending and swelling the ranks of unemployed.

Intel settles AMD claims but isn't off the hook

Technology / Business

Nov 12, 2009 | 4.3 / 5 (9) | 4

(AP) -- Intel Corp. is paying Silicon Valley rival Advanced Micro Devices Inc. $1.25 billion to squash a legal battle over Intel's sales tactics, a rift that led to antitrust charges against Intel in several ...

China chip maker to pay $200 mln to settle TSMC claims

Technology / Business

Nov 10, 2009 | 1 / 5 (1) | 0

Taiwan Semiconductor Manufacturing Co (TSMC) said Tuesday China's top chip maker will pay it 200 million US dollars cash after they settled a long-running dispute over alleged theft of trade secrets.

Yahoo CEO pledges to boost profit margins

Technology / Business

Nov 10, 2009 | not rated yet | 0

(AP) -- Yahoo Inc. Chief Executive Carol Bartz promised Tuesday to turn around the struggling Internet company after this year's "terrible" performance.

Google ordered to pay 500,000 dlrs to F1 racer Barrichello

Technology / Business

Nov 09, 2009 | 2.3 / 5 (4) | 2

Internet giant Google has been ordered to pay 500,000 dollars in damages to Formula 1 racer Rubens Barrichello for hosting fake online profiles of him on its social network Orkut.

EU objects to Oracle's takeover of Sun

Technology / Business

Nov 09, 2009 | 5 / 5 (5) | 0

(AP) -- European antitrust regulators have formally objected to Sun Microsystems Inc.'s planned $7.4 billion sale to Oracle Corp., escalating a battle over a deal that has already been cleared in the U.S.

'Cloud' computing market 14 bln dollars by 2014: Gartner

Technology / Business

Nov 09, 2009 | not rated yet | 0

Industry tracker Gartner forecast on Monday that revenue from Internet-based "cloud computing" will top 14 billion dollars annually by the end of 2013.

EA posts 2Q loss, cutting 17 pct. of work force

Technology / Business

Nov 09, 2009 | 5 / 5 (1) | 1

(AP) -- Electronic Arts plans to cut its work force by 17 percent as it tries to align its business with a transforming video game industry.

Electronic Arts acquires Playfish for $275 million

Technology / Business

Nov 09, 2009 | not rated yet | 0

(AP) -- As its packaged video games business lags, Electronic Arts Inc. has snapped up Playfish Inc., the creator of popular social networking games such as "Who Has the Biggest Brain" and "Pet Society," for $275 million ...

Tagged.com settles with NY, Texas in invite fight

Technology / Business

Nov 09, 2009 | not rated yet | 0

(AP) -- The social networking site Tagged.com has adopted reforms on the use of invitation e-mails after an attorney general alleged that the Web site essentially stole the identities of some 60 million Internet users.

Software cos. eye key patent case in Supreme Court

Technology / Business

Nov 08, 2009 | 5 / 5 (4) | 2

(AP) -- With the technology industry looking on, the Supreme Court on Monday will explore what types of inventions should be eligible for a patent in a pivotal case that could undermine such legal protections ...

Sony offers 'Cloudy' early to people with its TVs

Technology / Business

Nov 08, 2009 | not rated yet | 0

(AP) -- In a bid to sell living room electronics and spur buzz for "Cloudy with A Chance of Meatballs," Sony Corp. is offering the movie for free to U.S. buyers of its Internet-connected TVs and Blu-ray players starting ...

Deja vu: Wal-Mart, Amazon, Target in DVD price war

Technology / Business

Nov 06, 2009 | not rated yet | 0

(AP) -- Wal-Mart Stores Inc. is upping the ante heading into the holiday season, trimming the online preorder prices of some upcoming DVDs following last month's price cut on books.

Judge orders US music website to drop Beatles songs

Technology / Business

Nov 06, 2009 | not rated yet | 1

A judge on Thursday ordered a California online music service to stop delivering Beatles songs to users, according to a copy of the ruling posted online.

Fortune crowns Steve Jobs 'CEO of Decade'

Technology / Business

Nov 05, 2009 | 3 / 5 (2) | 0

Fortune Magazine crowned Apple top dog Steve Jobs "CEO of the Decade" in its newest edition.

DirecTV shows subscriber gains, as rivals see loss

Technology / Business

Nov 05, 2009 | 1 / 5 (1) | 0

(AP) -- Satellite TV operator DirecTV Group Inc. was one of the few pay-TV companies to attract new subscribers in the third quarter, as it reported revenue growth of 10 percent that was partly offset by higher costs to attract ...

No Doubt sues video game maker over 'Band Hero'

Technology / Business

Nov 05, 2009 | not rated yet | 0

(AP) -- No Doubt on Wednesday sued video game maker Activision for putting words in band members' mouths.