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Verizon Communications said Tuesday that its net profit fell compared to a year ago as it continued to spend to integrate its long-distance acquisition MCI. Meanwhile, revenue grew mainly thanks to expansion in its wireless business. Verizon also acknowledged that its number of landline customers f...

BulkRegister, the original low-price commodifier of the domain name industry, announced that its business and assets are being acquired by eNom of Bellevue, Wash. In an e-mail sent to customers on July 26, BulkRegister said that its user interface would be integrated into eNom's main platform and t...

It can be a scary world out there. Phishers, hackers, crackers and the like are determined to wreak havoc on network security -- and a firm's Chief Information Officer is smack dab in the middle of it all. The CIO establishes and directs the strategic long-term goals, policies and procedures for an ...

Dolby Laboratories has teamed with Infitec, a German provider of virtual reality technologies, to bring a new 3-D system to the digital cinema. The new technology could arrive in theaters by spring of 2007, in time to meet the schedules of 3-D films slated for release within the next two years, said...

Flash memory market leader and music device maker SanDisk said Sunday it would buy rival Msystems in an all-stock deal worth US$1.5 billion. The acquisition is aimed at beefing up SanDisk's share of the market for flash memory products for mobile phones, especially smartphones that double as music p...

Companies are seeing e-mail usage grow at exponential rates. While the rise in e-mail use can improve employee productivity, it also presents challenges to IT staff, many of whom are struggling to keep pace with the rapid increases as related management, security and storage tasks increase. Some are...

Consumer electronics manufacturers looking to expand their reach with their own brick-and-mortar outlets should weigh the risks of such moves carefully, warns a report released on Wednesday. It cites several temptations for electronics firms like Sony, Dell, Bang & Olufsen, Philips and Pioneer t...

Warner Music Group and EMI have shelved discussion of a potential merger of the two music labels in the wake of a European court ruling on an earlier wave of music industry consolidation. The companies announced they had ceased talks on Thursday, citing a decision that essentially set aside regulato...

Time Warner will unveil a new business strategy for AOL on Aug. 2, hoping to put an end to rampant speculation by outlining how the company plans to take its online services into the future, the company said Wednesday. AOL is expected to announce that it will give away its e-mail and Web services fo...

Regulators from the European Union are examining the licensing strategies behind the two competing next-generation DVD formats in an attempt to determine whether antitrust issues need to be addressed. The European Commission reportedly has requested information from manufacturers of players that sup...

Back in the early days of the Web when bandwidth was at a premium and surfing was considered something you did on your own time, the idea that the Internet would one day transform an entire media industry, challenge established economic models and -- gasp! -- bring people closer together, may have s...

Amazon.com shares dipped to a three-year low Wednesday, hit with backlash from the firm's second quarter results announcement Tuesday. The online retailing giant's earnings for the quarter ended June 30, 2006, fell nearly 58 percent, followed by a 17 percent decline in shares on the Nasdaq stock mar...

In its biggest acquisition since the controversial takeover of Compaq nearly five years ago, Hewlett-Packard said Tuesday it would buy Mercury Interactive for US$4.5 billion. HP said the cash deal would let it sell complete data center solutions that include servers, storage and other hardware, as w...

Allies have begun taking sides in a court case that has far-reaching implications for the Internet. At stake is a practice at the heart of the Net: linking information between Web sites. The case pits search Goliath Google against adult entertainment publisher Perfect 10, and is currently before a f...

Amazon.com is remaining tight-lipped about published reports stating that the company plans to launch a digital video download service in August. However, as the public waits for Amazon to reveal details, analysts muse that Apple remains the company with the most potential to succeed in the space. R...