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After US$5.4 billion dollars and nearly a year of discussions, Advanced Micro Devices finalized its takeover of graphics chip maker ATI, setting the stage for a revived fight with Intel and Nvidia, which becomes the Intel graphics partner by default. AMD -- which promised integrated platforms next y...
After a somewhat half-hearted effort to compete with Apple and the other digital music player makers, Dell signaled Wednesday that it will halt production of its DJ Ditty MP3 player. The move comes as Apple continues to enjoy dominance in the digital audio player space -- it owns as much as 80 perce...
Former eMachines owner Lap Shun Hui has offered to buy the retail operations of PC maker Gateway, to whom he sold his firm in 2004, for US$450 million. Gateway saw its stock price rise more than 22 percent Wednesday following news of the offer and said its board of directors, as well as financial an...
Several memory chip makers continue to be penalized for alleged price fixing efforts that did nothing to stem the falling price of their products from the late 1990s to 2002. The chip makers, which include Samsung, Micron, Infineon, Elpida, Hynix, Mosel-Vitelic, Nanya Technology and NEC, are being s...
Fixed and wireless phone giant Verizon this week filed with the Securities and Exchange Commission details of a possible plan to spin off its U.S. print and online yellow pages business. The company said it had not yet made a final decision on the directories spinoff, but signaled it would divest it...
A stolen Veterans Affairs employee's laptop containing personal information on 26 million U.S. veterans was recovered this week. Investigators with the Federal Bureau of Investigation said the sensitive data on the laptop's hard drive had not been accessed, according to a "preliminary review of the ...
Hollywood's movie studios and major television networks filed a lawsuit this week claiming copyright violations from Cablevision's planned remote-storage digital video recorder service, demanding an injunction to ban the service. Cablevision's plans, announced in March, are to store content aired on...
Yahoo unveiled a plan to update both its platform and tools for Web search advertising, in an effort to contemporize the lucrative business model that is driving dollars and competition among the Internet company and its chief rivals Google and Microsoft. In announcing a revamped search advertising ...
Chip giant Intel this week signaled a cost-cutting reorganization amid slower sales of its microprocessors and related silicon and software products. Chief Executive Paul Otellini reported the company would seek to save as much as US$1 billion this year. The leading chip company in the world, Intel ...
High-profile equity firm Kohlberg Kravis Roberts & Co. has unveiled a deal for an affiliate to acquire Indian software company Flextronics for $900 million. Flextronics will retain a 15 percent equity stake in the software business with the deal, which represents KKR's first such stake in India....
In yet another experiment to leverage legal, digital distribution of Hollywood movies, Universal Pictures and online rental service LoveFilm announced they will begin offering a download-to-own Internet movie service in the UK next month. The service will kick off with the release of the feature fil...
A new Internet venture that screams "too good to be true" is testing users' taste for gamesmanship in the online auction space, offering electronics, jewelry and other luxury items at a fraction of their retail prices. The idea is that Unique Auction, launched in September, makes up for the loss on ...
The U.S. Department of Justice confirmed this week it is investigating possible price fixing among the major recording labels for online music. The probe is similar to action taken by New York Attorney General Eliot Spitzer, who last month continued an investigation of digital download collusion and...
The Internet search player formerly known as AskJeeves has decided that the butler just didn't do it, announcing today that it will drop "Jeeves" from its name in a massive rebranding effort where it will become, simply, Ask.com. Ask.com said the butler became outdated when Internet searchers starte...
The company behind the console that helped launch the video game industry nearly 30 years ago may be facing a game-over situation. Atari this week reported significant quarterly losses and the departure of a top executive that together paint a bleak picture for the future of the firm. Atari posted a...
The characters in the wildly popular, extremely violent and graphically explicit video game "Grand Theft Auto: San Andreas" face crackdowns from police and other authorities responding to their evil doings. Now the real life backers of the game are facing a crackdown of their own. The City of Los An...
Anti-spam software provider Mailshell and bulk e-mailer Lyris may not be a likely duo, but the two companies are working together to boost the validity of spam filtering and at the same time allow delivery of messages that might not be considered spam by some recipients. Their solution -- which allo...
The recent addition of ABC, ESPN and other Disney-owned properties to Apple's iTunes media service is just the latest move in the studio's aggressive push to increase digital delivery of its valuable content. Disney's willingness to make its content available the way consumers want it -- particularl...
Radio super personality Howard Stern's move to Sirius satellite radio may be a barometer of the new entertainment medium's likelihood to gain mainstream acceptance. While the move is inarguably significant, satellite radio still faces stiff challenges -- including the popularity of iPods and an upsu...
Media giant News Corp. is looking to weigh in bigger online, telling investors this week that it intends to build on the success of its MySpace.com site, will show some of its television programming exclusively on the Internet, and will try its hand at Web search. There was speculation that the sear...
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