Business news
India fraud office to prosecute Satyam founder
Nov 16, 2009 |
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India's fraud office will file charges this month against the founder of outsourcer Satyam after he admitted to falsifying profits in the nation's biggest corporate fraud, a minister said Monday.
Vonage to settle investigation involving 32 states
Nov 16, 2009 |
5 / 5 (1) |
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(AP) -- Internet phone service provider Vonage Holdings Corp. has agreed to pay $3 million to 32 states to settle an investigation into some of its business practices.
Court rules against Microsoft in China font case
Nov 17, 2009 |
5 / 5 (1) |
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A Chinese court has ruled Microsoft Corp. infringed a Chinese company's intellectual property rights by including certain fonts in its operating systems, the companies confirmed Tuesday.
Dell's profit, stock drop on weak quarterly report
Nov 19, 2009 |
5 / 5 (1) |
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(AP) -- Some of the computer-industry's biggest players - such as IBM Corp., Intel Corp. and Hewlett-Packard Co. - have wowed Wall Street this fall with stronger-than-expected profits.
Observers wary of 'truce' between Intel, AMD
Nov 19, 2009 |
4 / 5 (1) |
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Can Intel and Advanced Micro Devices, Silicon Valley's version of the long-squabbling Hatfields and McCoys, really get along?
EU extends Oracle/Sun review deadline until Jan 27
Nov 20, 2009 |
3 / 5 (1) |
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(AP) -- European Union regulators said Friday that they have extended until Jan. 27 a deadline to wrap up their antitrust review of Oracle Corp.'s planned $7.4 billion takeover of Sun Microsystems Inc.
'Call of Duty' setting entertainment records
Nov 18, 2009 |
2 / 5 (1) |
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(AP) -- The video game "Call of Duty: Modern Warfare 2" is blasting its way into entertainment history.
Cisco raises bid for Tandberg to $3.4 billion
Nov 16, 2009 |
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(AP) -- Cisco Systems Inc. said Monday it raised its bid for Norway's Tandberg ASA after only a fraction of Tandberg shareholders agreed to Cisco's initial offer.
Finnish technology workers warn of strike
Nov 16, 2009 |
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(AP) -- Some 2,000 employees in Finland's technology sector will begin a strike in two weeks time if no agreement is reached in labor talks with company managers, union leaders said Wednesday.
Semiconductor revenue to fall 11 percent: Gartner
Nov 16, 2009 |
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Worldwide semiconductor revenue is expected to decline by more than 11 percent in 2009 over last year, less than previously forecast, market research firm Gartner said Monday.
South Korean regulator approves iPhone
Nov 18, 2009 |
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(AP) -- South Korea's telecommunications regulator cleared the way Wednesday for the launch of Apple's iPhone, amid reports the hit device could reach consumers by the end of this month.
Sony Ericsson closes NC, other sites as HQ moves
Nov 18, 2009 |
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(AP) -- Cell phone handset maker Sony Ericsson will move its North American headquarters from North Carolina to Atlanta and close a half-dozen sites worldwide as it retrenches against what it expects will be a tighter market ...
DirecTV to appoint PepsiCo executive as CEO
Nov 18, 2009 |
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(AP) -- DirecTV Group Inc. is naming the vice chairman of PepsiCo Inc. as its chief executive.
Sony chief executive outlines turnaround plan
Nov 19, 2009 |
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(AP) -- Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way to showcase its strength in entertainment and surface from deep ...
AOL offers buyouts to over a third of work force
Nov 19, 2009 |
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(AP) -- The struggling Internet company AOL plans to shed up to 2,500 jobs - more than a third of its work force - as it prepares to separate from Time Warner and finally sever their ill-fated marriage.
