The ground battle in the proxy war between Carl Icahn and Yahoo has begun in earnest, with Yahoo directly urging shareholders to back the board's slate of directors and ignore Icahn's pleas for change. Yahoo filed a copy of the proxy solicitation notice it sent to shareholders with the Securities an...

Signaling JetBlue's belief that travelers want to stay connected at all times, its LiveTV unit has agreed to buy Verizon's Airfone business, a move that will enable the discount carrier to offer a bundle of communications services during flight. The handover is not expected to be completed until Jan...

T-Mobile has filed a lawsuit against Starbucks, saying the chain is causing the carrier financial harm by giving away WiFi access on its networking infrastructure. T-Mobile is claiming that Starbucks engaged in "willful breach of contract and unfair competition" by launching a free WiFi promotion wi...

Mukesh Chatter is no stranger to startups. In 1997, he founded Nexabit Networks, a high-speed switch and router maker he sold to Lucent Technologies. He later founded Axiowave Networks. His latest, project, MoneyAisle.com, however, is different, in part because of the inspiration that got it started...

The Federal Trade Commission has started a formal inquiry into the pricing practices of leading chipmaker Intel, a move that rival Advanced Micro Devices has long requested. The FTC recently opened the formal investigation by issuing subpoenas to Intel and AMD, as well as other parties, including th...

Take-Two Interactive's blockbuster second quarter -- powered by strong early sales of "Grand Theft Auto IV" -- may have implications for the ongoing efforts of EA to acquire its main competitor. "Grand Theft Auto IV" set records as the best-selling entertainment product ever, Take-Two said, with 6 m...

In a move aimed at keeping its customers connected, E*Trade on Thursday launched a mobile service customized for Research in Motion's BlackBerry device. E*Trade Mobile Pro will offer the same user interface, security features and banking and trading services as the E*Trade Web site exclusively on Bl...

Verizon Wireless confirmed Thursday that it will buy Alltel Wireless in a deal worth $28.1 billion, one that will help it reach new markets and push it ahead of AT&T as the largest wireless carrier in the U.S. The move comes just a year after a group of private equity players took Alltel private...

Verizon Wireless confirmed Thursday that it will buy Alltel Wireless in a deal worth $28.1 billion, one that will help it reach new markets and push it ahead of AT&T as the largest wireless carrier in the U.S. The move comes just a year after a group of private equity players took Alltel private...

Verizon Wireless confirmed Thursday that it will buy Alltel Wireless in a deal worth $28.1 billion, one that will help it reach new markets and push it ahead of AT&T as the largest wireless carrier in the U.S. The move comes just a year after a group of private equity players took Alltel private...

Carl Icahn's bid to change the corporate direction at Yahoo -- specifically to push it into the arms of Microsoft -- got an unexpected boost this week when a judge ordered court documents in a shareholder lawsuit unsealed. The revelations and accusations in those papers, including that Yahoo turned ...

A Delaware judge ruled Monday that Yahoo could not keep secret the details of an investors' lawsuit over its spurning of Microsoft's acquisition efforts. The complaint alleges that Yahoo turned away a $40 per share offer to be acquired by Microsoft in 2007 -- months before the software company went ...

Seeking to further build on its hosted search and cloud computing efforts, Google on Tuesday launched an updated -- and renamed -- version of its hosted business site search solution. The updated version of Google Site Search -- the product was formerly known as "Custom Search Business Edition" -- i...

China's telecommunications marketplace will undergo a massive transformation after China Unicom agreed to buy China Netcom Group for $23.9 billion in stock and sell its own mobile division in a side deal worth another $16 billion. The details of the series of deals have been awaited for more than a ...

Though it may seem at times as if the U.S. market is dominated by foreign-made goods, longtime importer Albert Wu believes even more goods could be making their way to consumers. Wu and the others behind Internet startup Silkfair.com have long been involved in the importing business, bringing specia...

Fresh off an ambitious wireless spectrum auction that could help create a new marketplace for high-speed wireless services, the Federal Communications Commission will soon consider another auction with a significant twist that could help close the digital divide. The new spectrum sale would come wit...

Dell turned in a strong first quarter, beating Wall Street forecasts and prompting investors to buy up its shares on the hopes that the founder's turnaround plans are beginning to bear fruit. Thanks largely to vigorous sales of notebook PCs in the U.S. as well as international sales, Dell posted rev...

In a nod to the growing need to track mobile users for marketing purposes, Internet research firm comScore has acquired M:Metrics, a top provider of mobile user data, for $44.3 million in cash and 50,000 stock options. The deal extends comScore's measurement and research reach beyond the traditional...

Selling Facebook to Microsoft would not be the best way to fulfill its mission of enabling people to connect with one another, said Mark Zuckerberg, founder and CEO of the social network. During the D6: All Things Digital conference in Carlsbad, Calif., Zuckerberg was asked whether he would consider...

A group of Belgian newspapers that won a court ruling against Google last year over its practice of linking to their content is now asking a court to award up to $77 million in damages. Copiepresse reportedly asked a Brussels court to force Google to pay between $51.5 million and $77 million in dama...