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GPS-enabled device makers Garmin and TomTom have reached an agreement to settle a slew of intellectual property lawsuits between the two companies. The terms of the deal were not disclosed. The agreement settles suits pending in the UK and the Netherlands -- where TomTom is based -- and U.S. cases i...

Sony's pricing gambit has finally helped light a fire under sales of its PlayStation 3 model, with the electronics giant reportedly selling twice as many consoles in the U.S. last week as the prior week. Sony recently launched a 40 gigabyte version of the PS3 priced at $400, more than $100 less than...

Imagine walking into your local supermarket as you normally would. You fill your shopping cart with groceries, and when you get to the checkout line, you see hundreds of abandoned carts loaded with items, strewn haphazardly about, but with no shoppers to be found. Was there a fire? Natural disaster?...

In a move designed to bolster its offerings in the mobile market, Qualcomm will acquire mobile banking provider Firethorn Holdings for $210 million. The acquisition is intended to help financial institutions promote consumer adoption of mobile banking services, Qualcomm said, such as the ability to ...

The European Commission will open an in-depth investigation into Google's proposed purchase of interactive ad giant DoubleClick, dashing the search company's hopes for a swift end to the ongoing regulatory review. The commission now has until April 2, 2008, to render a final ruling on the proposed $...

In an attempt to focus its "strategic direction" on providing Internet infrastructure services, VeriSign is divesting itself of a number of companies it acquired over the years. The divestiture plan, announced at the company's 2007 Analyst Day in New York, is part of a plan to return to basics after...

Microsoft will mark the fifth anniversary of its Xbox Live online gaming site Thursday, and to celebrate, it's offering members of the Xbox Live community a chance to download a free Xbox Live Arcade game. The console maker will also debut a new category of downloadable games, giving Xbox 360 owners...

Service-oriented architecture is a technology that simplifies integration. SOA has received a lot of attention in technology circles over the last few years with both avid supporters and skeptics illuminating the pros and cons of implementing SOA. In many cases, the skeptics pointed out the lack of ...

XM and Sirius on Tuesday took two key steps closer to having their merger finalized as shareholders from both companies gave their blessing to the deal, which is still awaiting regulatory approval. Sirius shareholders voted at a special meeting to amend the company's certificate of incorporation to ...

Information systems and outsourcing giant EDS will buy a controlling interest in Saber Holdings, a firm that provides software and services to government agencies across the country. The company will pay $420 million in cash for the 93 percent stake in Portland, Ore.-based Saber, with the software f...

It's not a comforting thought, but while you're sleeping peacefully, your PC may be hard at work acting as a spam server or peer-to-peer node, providing processing power to a malware network engaging in any of a variety of criminal activities online. Spam is being used by botnet operators in a multi...

Microsoft on Monday announced its intention to buy France-based mobile music services provider Musiwave in a move that could dramatically boost the software giant's presence in the cell phone music space. Redmond reached a deal with Musiwave parent company Openwave Systems that gives it the exclusiv...

Former U.S. vice present and Nobel Peace Prize-winning environmental activist Al Gore has linked up with a Silicon Valley venture capital firm with similar street cred in the investment community. Generation Investment Management, which Gore cofounded, and Kleiner Perkins Caufield & Byers have a...

Google's search technology may infringe on a patent that was awarded in 1997, a year before the Internet giant's founding, according to a lawsuit filed last week. Northeastern University and Jarg, a Massachusetts startup, which brought the action, say that Kenneth Baclawski, a Northeastern professor...

Shares of E*Trade plummeted more than 50 percent Monday after the online stock brokerage firm backed down from previously announced profit targets, said it would be forced to take more write-downs due to its exposure to the subprime mortgage industry and disclosed it was being investigated by the Se...