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MySpace’s $230M Victory in Spam Case May Be Hollow

A federal court has awarded MySpace nearly $230 million in its suit against Sanford Wallace and his partner Walter Rines -- aka the "Spam King." The judgment -- especially given the size of the award -- represents a decided victory for e-commerce sites in their costly battle against spam. This is th...

HP Elbows In on IBM’s Turf With $13.9B EDS Buy

HP is placing a $13.9 billion bet that it can wrest a piece of the tech services outsourcing market from IBM. It has announced it will acquire EDS for that sum. "The combination of HP and EDS will create a leading force in global IT services," said HP CEO Mark Hurd in announcing the proposed acquisi...

Gates: We Don’t Need No Stinking Yahoo

A few days after the seeming culmination of its failed bid to acquire Yahoo for $47.5 billion, Microsoft appears to be contemplating an entirely new Web 2.0 strategy: a partner-free, organic approach to besting Google. The news was delivered by none other than Chairman Bill Gates: "Now at this point...

Microsoft, Yahoo Game Going Into Extra Innings?

The collapse of this weekend's negotiations between Microsoft and Yahoo looked like game over. When the news first broke that Microsoft was walking away from its $44 billion bid, it seemed as though Redmond was the loser: It had tried a high-stakes, high-profile acquisition gambit and failed. Its d...

Microsoft Ditches Yahoo, Google Picks Up Marbles

The stock market is making its after-the-fact adjustment to the end of the Microsoft-Yahoo saga, which culminated this weekend. After last minute negotiations failed, Microsoft walked away from its bid to acquire Yahoo for slightly more than its original offer of $33 per share. To recap: Yahoo CEO J...

Federal Court Dents RIAA Strategy Against File-Sharers

A federal judge's ruling against the RIAA not only represents a setback for the litigious trade group in one particular lawsuit, but also opens a Pandora's box of technicalities that could mean a few speed bumps ahead for its legal steamroller. In Atlantic v. Howell, the RIAA moved for summary judgm...

NextWave on the Prowl for Spectrum Buyers

NextWave Wireless has retained Deutsche Bank and UBS Investment Bank to explore the sale of its U.S. spectrum holdings in such cities as New York, Los Angeles, Chicago, San Francisco, Boston, Philadelphia, Denver, Houston and Detroit. The population in the regions covered totals approximately 251 mi...

Microsoft Shares Down, Dander Up

Microsoft's Q3 earnings report is a mixed bag: Net income beat Wall Street expectations by 2 cents, and the company's projections for fiscal 2009 look solid. However, its Windows and Office sales were muted, and its outlook for the current quarter is disappointing. The result, perhaps not surprising...

Amazon Surges in Q1 but Shares Languish

Amazon has posted Q1 earnings of $143 million, or 34 cents a share, and revenue of $4.13 billion, handily beating analyst predictions of 32 cents a share on revenue of $4.08 billion. These figures reflect the e-commerce giant's continuing sharp upward trajectory, with earnings rising 37 percent comp...

Yahoo’s Spry Q1 No Stumbling Block for Microsoft

Yahoo posted a healthy rise in profits for Q1, an increase fueled in large part by a $401 million gain in the initial public offering of China's Alibaba.com. Net income rose to $542.2 million -- or 37 cents per diluted share -- from 2007 Q1's $142.4 million, or 10 cents per diluted share. The compan...

Is iPhone the Wind Beneath AT&T’s Wings?

AT&T's wireless business unit was the main driver behind the telecom's eye-popping 22 percent increase in net income this past quarter. In line with analysts' expectations, AT&T registered $3.5 billion, or 57 cents a share, in Q1 earnings. Nonrecurring charges for the quarter included costs ...

Is iPhone the Wind Beneath AT&T’s Wings?

AT&T's wireless business unit was the main driver behind the telecom's eye-popping 22 percent increase in net income this past quarter. In line with analysts' expectations, AT&T registered $3.5 billion, or 57 cents a share, in Q1 earnings. Nonrecurring charges for the quarter included costs ...

Is iPhone the Wind Beneath AT&T’s Wings?

AT&T's wireless business unit was the main driver behind the telecom's eye-popping 22 percent increase in net income this past quarter. In line with analysts' expectations, AT&T registered $3.5 billion, or 57 cents a share, in Q1 earnings. Nonrecurring charges for the quarter included costs ...

It’s Almost Tax Day: Do You Know Where Your Identity Is?

Spending your tax refund before it arrives? You might want to rethink that plan -- and not just because it's fiscally imprudent. There is a growing chance that this tax season you'll learn for the first time that you were the victim of identity theft at some point during the last year. A disturbing ...

EC Group Could Spur Search Privacy Sea Change

An Opinion issued by the influential European Commission Article 29 Data Protection Working Party could have a major impact on the way search engines do business. The group's recommendations include discarding personal search data after six months, giving consumers the right to see data that search ...

Oracle Shares Plunge on Sputtering Q3 Sales

Oracle's shares fell 7.2 percent Thursday on news that the company did not sell as many new licenses in its third quarter as expected. The stock closed at $19.43 per share, down from $20.94 a day earlier. Sales of new software in Q3 registered $1.6 billion, a 16 percent increase from the same quarte...

Domain Name Registrars: The Weakest Link in Online Free Speech

A storm building around a 15-minute online Dutch film critical of the Quran is emblematic not only of the growing ability of cyber forces to banish divergent views -- but also, more specifically, the utter unwillingness of domain name registrars to stand firm against those viral tides of protest. On...

SC Breathes New Life Into Novell’s Ancient Microsoft Beef

Feeling nostalgic about the early Clinton years? The dawn of the dot-com heyday? The Seattle grunge music scene? If so, you're in luck. The U.S. Supreme Court is giving the go-ahead for two tech companies to finish a battle that began more than 10 years ago but became bogged down in the legal syste...

Christians, Rockers and Pro-Choicers Testify for Net Neutrality

The House Judiciary Committee held a panel hearing on the issue of net neutrality Tuesday, hearing testimony from such diverse interests as a rock band, an abortion rights advocacy group and the Christian Coalition of America. The unlikely trio converged on the Hill to call for legislation that woul...

EU OKs Google’s Supersize DoubleClick Deal

The European Commission has given its long-awaited blessing to Google's proposed $3.1 billion acquisition of online advertising company DoubleClick. Coming nearly a month ahead of an established April 2 deadline, the decision rested on the EC's findings that the merger would not hurt consumers or im...

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