The chip-making industry appears to be entering a period of consolidation, with a series of deals announced Monday suggesting firms are seeking to expand their technology portfolios and reduce costs by merging with onetime rivals. The largest of the deals calls for LSI Logic to purchase rival storag...
Apple said it has discovered additional irregularities in the past granting of employee stock options and as a result will likely be forced to restate some past earnings, including those as recent as the second quarter of this year. The move and the resulting restatement will delay Apple's formal qu...
Mobile technology developer Qualcomm is facing charges from U.S. based companies that it improperly used its market dominance to squelch competition in Korea, where regulators are probing a fresh batch of complaints. Korea's Fair Trade Commission is examining complaints from Dallas-based Texas Instr...
Several major technology companies -- including semiconductor maker Broadcom and Internet job site Monster -- disclosed Monday that they have established committees to investigate the handling of stock options grants as scrutiny of the practice spreads to include dozens of companies. Also caught up ...
Qualcomm said Monday it had asked the U.S. International Trade Commission to investigate what the wireless phone and technology maker says is widespread patent infringement by rival Nokia. The move is just the latest legal maneuver between the two wireless rivals, which are locked in a battle over p...
A group of communications technology firms has filed complaints with the European Commission (EC), asking that agency to investigate whether Qualcomm engaged in anti-competitive practices in the licensing of its technology for so-called 3G mobile networks and handsets. The companies that filed compl...
Escalating a long-running battle over current and future wireless technology, Broadcom has filed suit against cell phone technology rival Qualcomm, saying that company engaged in anti-competitive behavior in order to help its mobile voice and data standard gain traction. Broadcom said in the federal...
Consumer and business demand for wireless networks will drive strong growth in the wireless local area network (WLAN) semiconductor segment for the next four years, according to a new report from research firm IDC. In addition to demand for existing technologies, IDC said it sees new technologies in...
Broadcom today announced that its Board of Directors has named Scott A. McGregor as president and chief executive officer, effective January 3, 2005. McGregor, 48, will succeed current President and CEO Alan E. "Lanny" Ross, who will retire upon McGregor's arrival. Last month, McGregor announced his...
A leading wireless networking industry group is warning vendors not to push ahead too fast on the next generation of WiFi technology, a faster version that will enable a host of new features. The WiFi Alliance said it would not certify features based on the 802.11n standards being developed by the I...
Oil prices continued to slide well below recent record levels Tuesday, but once again the stock market seemed to shrug in reaction. Crude futures fell for the third straight day. After flirting with the US$50 per barrel level on Friday, oil closed Tuesday at $45.25 and dipped to its lowest levels in...
Broadcom announced today that it has settled all outstanding patent and antitrust litigation with Microtune. Under the settlement agreement, all outstanding claims in pending litigation between the parties will be dismissed with prejudice. The parties also entered into reciprocal releases covering a...
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