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Blockbuster is offering lower-priced plans for its Web rental service to steal business from online video rental star Netflix. The Dallas-based Blockbuster has cut prices $1 a month for customers ordering movies only online just a month after the company's CEO suggested raising prices. Industry insi...

Electronics maker Toshiba lowered its sales target for high-definition DVD players and recorders based on slumping sales figures in the United States. The Tokyo-based company now expects to sell 1 million of its optical disc players in the country by the end of this year, down 44 percent from its pr...

Flextronics International is set to buy rival electronics manufacturer Solectron for $3.6 billion in cash and stock in a move to cut costs and expand its product line. The smaller Milpitas, Calif.-based Solectron will become a subsidiary of Flextronics in a merger that will create a single contract ...

Google may be violating European Union privacy laws by storing user information on customer queries for prolonged periods of time, advisers to EU regulators informed the company. An independent European Union committee has begun an investigation to determine whether Google adheres to privacy guideli...

More Americans are taking a carefree attitude toward the nuisance of spam clogging their e-mail in-boxes, according to a new study. Better familiarity, spam filtering and a decrease in pornography-laced spam have eased users' concerns over the scourge. "It's starting to become part of life online," ...

The recording industry appears to be changing its tune, now offering to defer hefty new royalty rates for smaller Internet radio stations that might otherwise be forced to tune out due to high costs. However, it doesn't appear the proposed new price structure has won over any fans in the opposition'...

The record label home to some of the world's top pop groups, such as the Beatles and Coldplay, has agreed in principle to a $4.7 billion takeover by private equity group Terra Firma Capital Partners. EMI Group spurned a proposal from Warner Music Group earlier this year, but now considers Terra's o...

AT&T, the nation's largest phone company, is stepping up its rebranding campaign aimed at consolidating its wireless services into a single unified name. The company will shed the Cingular name and replace it with AT&T at 1,800 outlets throughout the country this week. The move to rename Cin...

AT&T, the nation's largest phone company, is stepping up its rebranding campaign aimed at consolidating its wireless services into a single unified name. The company will shed the Cingular name and replace it with AT&T at 1,800 outlets throughout the country this week. The move to rename Cin...

AT&T, the nation's largest phone company, is stepping up its rebranding campaign aimed at consolidating its wireless services into a single unified name. The company will shed the Cingular name and replace it with AT&T at 1,800 outlets throughout the country this week. The move to rename Cin...

Time Warner has reported first-quarter profits that outperformed Wall Street expectations, mostly on the strength of its rise in new cable video, Internet and phone subscribers, as well as strong online ad sales. Shares of the world's largest media company rose more than 3 percent as it reported a 4...

New York-based Cablevision Systems has agreed to sell itself for more than $10.5 billion in cash to the family who founded the company. The Dolan family, which founded the company in 1973, will assume Cablevision's debt on top of the $10.5 billion price tag, bringing the total to $23 billion. During...

Online advertising and marketing firm 24/7 Real Media saw its shares soar to a 52-week high on the strength of rumors that Microsoft was nearing a deal to buy the company for about $1 billion. Shares of 24/7 Real Media jumped more than 24 percent to a yearly high of $13 Tuesday on rumors that the so...

Yahoo said Monday that it is buying the remaining 80 percent interest in online advertising exchange Right Media that it does not already own for approximately $680 million in a move to boost the reach of Yahoo's advertising to social networking sites. In October, the search giant purchased a 20 per...

The head of AT&T has announced that he will step down as chief executive and chairman after 44 years with the telecom giant. Edward Whitacre Jr., who helped maneuver the company's expansion from regional telephone provider to the largest telecom in the nation, said he will retire on June 3. Whit...

The head of AT&T has announced that he will step down as chief executive and chairman after 44 years with the telecom giant. Edward Whitacre Jr., who helped maneuver the company's expansion from regional telephone provider to the largest telecom in the nation, said he will retire on June 3. Whit...

The head of AT&T has announced that he will step down as chief executive and chairman after 44 years with the telecom giant. Edward Whitacre Jr., who helped maneuver the company's expansion from regional telephone provider to the largest telecom in the nation, said he will retire on June 3. Whit...

Congress has introduced new legislation designed to overturn a controversial royalty fee increase that threatens to wipe out many Internet radio broadcasting firms. If the "Internet Radio Equality Act," introduced this week by Rep. Jay Inslee (D-Wash.) and Rep. Don Manzullo (R-Ill.), is passed, it w...

Motorola has snapped up Terayon Communication Systems, a digital video processing and networking software maker, for $140 million, the companies announced on Monday. Terayon's video-processing chips will allow Motorola to offer digital ads and graphical overlays on its cell phone displays, which ult...

After several years of reported abuse, the Bush administration has rescinded lender access to a federal database containing sensitive financial information on about 60 million college students. The temporary move bars college loan firms from accessing the government-run database over concerns of dat...