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EU objects to Oracle's takeover of Sun

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(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.


Rubens Barrichello

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

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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.


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

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


Electronic Arts posts 2Q loss, plans layoffs (AP)

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

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(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.


Tagged.com settles with NY, Texas in invite fight

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(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.


Electronic Arts acquires Playfish for $275 million

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(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 ...



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