Deals

Comcast just bought itself a nice little present for the holidays: NBC Universal. The cable network will have a controlling stake in NBC once the deal is flattened out, and in return, it's giving General Electric $6.5 billion along with $7.25 billion worth of programming. If everything passes muster...

It's official: Comcast has engineered what appears to be the biggest media joint venture of the year -- a multibillion-dollar merger that will combine General Electric's NBC Universal with Comcast's own cable networks. Once complete, Comcast will take majority ownership of NBC, ending GE's 20 year c...

Major magazine publishers are about to launch a new attempt to digitize their content, according to a recent article in the New York Observer. The publishers reportedly include Conde Nast, Hearst and Time. It's said they're getting ready to form a new company that will prepare digital versions of th...

Fifty-nine U.S. senators are asking European antitrust regulators to conclude their review of the Oracle acquisition of Sun Microsystems. The move, led by Sen. John Kerry, D-Mass., and Sen. Orrin Hatch, R-Utah, is an unusual one for the U.S. legislative body. It follows a similar action by the Depar...

You may think it's annoying when you see the same commercial repeated during a 2:30 ad break in prime time, but have no fear -- there is a method to an advertiser's madness. They simply want to make sure you are exposed to that product's branding/logo even as you're fast-forwarding past it on a digi...

Google is amping up its display ad capabilities with the acquisition of startup Teracent, which has developed machine-learning algorithms that can create and customize an ad in real-time, based on user preferences and other characteristics. There are thousand of such "creative elements" that can be ...

Call it the "New Moon" strategy at Microsoft. Team Google and Rupert Murdoch's News Corp. are having a lovers' quarrel over search aggregation of news content; Murdoch claims Team Google is nothing but a bloodthirsty vampire draining potential ad revenue. So like a hunky werewolf in a certain blockb...

Palm had its hands full over the weekend. The company's Sunday launch of its new US$99 Pixi smartphone had to compete with fresh rumors begun Friday that the company was a possible target of a takeover by Finnish telecommunications giant Nokia. Those rumors sent Palm stock soaring by 8 percent on Fr...

Google's purchase of VoIP company Gizmo5, announced Thursday, accomplishes two things for the search giant: It brings new levels of potential business-class service to Google Voice, and it gives AT&T ammunition in its regulatory fight with Mountain View. Google isn't providing much detail regard...

Intel and AMD have finally put a long and bitter disagreement to bed, and in the end, all it took was a little open communication and understanding, along with one and a quarter billion dollars. The two have been at it for years -- accusations, threats, lawsuits. AMD said Intel engaged in anticompet...

On Wednesday, Microsoft announced it's teaming up with answer engine Wolfram Alpha to beef up its Bing search engine. This will give Bing users access to Wolfram Alpha's algorithms and curated data. The team-up marks yet another step in Microsoft's battle with Google in the Web search market. By its...

Rival chip companies Intel and Advanced Micro Devices have forged an agreement to settle their legal conflicts. AMD has agreed to drop its litigation against Intel. In exchange, Intel will pay AMD $1.25 billion and promise to follow certain business rules as the two continue to compete head to head....

PC peripherals maker Logitech has announced it is acquiring LifeSize Communications for $405 million in an all-cash transaction. The purchase of the high-end video equipment manufacturer places Logitech squarely in the middle of the enterprise video-conferencing industry. Acquiring LifeSize's high-d...

Europe is ratcheting up its opposition to Oracle's proposed $7.4 billion acquisition of Sun Microsystems. The European Commission has issued a formal statement of objections to the deal, based on a perceived threat to competition. Competition Commissioner Neelie Kroes raised those concerns last mont...

By and large, IT favors grand pronouncements and overheated rhetoric, and the industry abounds with "unprecedented" efforts firmly rooted in precedent and "unique" solutions fashioned from the commonest clay. Is that the case with Cisco, EMC and VMware's new Virtual Computing Environment coalition? ...