Archive

New York Attorney General Eliot Spitzer has agreed to a US$1.1 million settlement from an interactive marketing firm that he said reused e-mail addresses and other consumer information without authorization. Spitzer described the case involving Datran Media as being possibly "the largest breach of p...

Japan's Livedoor, the company that took the country's Internet sector by storm only to have its business practices called into question, is facing new threats to its survival this week. The Tokyo Stock Exchange said Monday it would delist the stocks of both Livedoor and its subsidiary Livedoor Marke...

Nortel Networks, which had appeared to be on a strong turnaround course after purging its executive ranks, settling lawsuits and restating past earnings, said it will delay filing its annual report and again restate results after discovering more accounting irregularities. Nortel was quick to make a...

Amazon is in talks with three Hollywood studios about starting a service that would allow consumers to download movies and TV shows for a fee and burn them onto DVDs. The online retailer is reportedly talking with Paramount Pictures, Universal Studios and Warner Bros. If the negotiations are success...

Potentially reopening a chapter from the earlier days of the wireless telecommunications boom, the U.S. Justice Department said it intends to pursue a civil fraud case against Wall Street money manager Mario Gabelli. The DoJ is seeking permission to directly sue Gabelli, who runs Gamco Investors, cl...

Google is moving to settle a class action lawsuit alleging widespread click fraud on its paid search network, setting aside US$90 million to repay advertisers who can prove they fell victim to the practice during a four-year period starting in 2002. The payouts would take the form of account credits...

Last Friday -- essentially the eleventh hour of a years-long lawsuit -- Research In Motion reached a US$612.5 million settlement with NTP, relieving legions of customers who have come to feel they cannot possibly last very long without their BlackBerries. In this suit, NTP successfully challenged RI...

For the second time in as many weeks, Google caused its own stock to fall, with shares sent lower this time by the search company's admission that it inadvertently posted financial projections on the Web before pulling them back. Google shares were down as much as US$10 or about 3 percent to $353.56...

Search engine Blinkx unveiled a new search tool Tuesday that it said will deliver search results to users automatically, eliminating the need to stop another activity to begin a query. The search, known as Pico, is also being billed as the smallest search program available, taking up just 1MB of spa...

Microsoft said it has been granted its 5,000th U.S. patent, securing protection for a technology that enables multi-player and spectator online gaming and achieving a milestone that underscores a significant shift in strategy for the software giant. Microsoft said the U.S. Patent and Trademark Offic...

In the past, cyber attacks were largely designed to destroy data, but today's attacks are increasingly designed to silently steal data for profit without doing system damage that would be noticeable to a user, according to the latest Symantec Internet Security Threat Report. Symantec released on Tue...

In a move to extend its reach, NBC Universal on Monday agreed to buy iVillage, a leading online destination for women, for approximately US$600 million in cash. NBC Universal, which runs the NBC television network and the Universal film studio, will pay $8.50 in cash for each share of iVillage's sto...

The telecommunications industry has taken another giant leap toward consolidation, with the new AT&T -- created through a blockbuster merger completed just months ago -- poised to buy regional provider BellSouth in a deal worth US$67 billion in stock. The deal would create the largest single tel...

The telecommunications industry has taken another giant leap toward consolidation, with the new AT&T -- created through a blockbuster merger completed just months ago -- poised to buy regional provider BellSouth in a deal worth US$67 billion in stock. The deal would create the largest single tel...

The telecommunications industry has taken another giant leap toward consolidation, with the new AT&T -- created through a blockbuster merger completed just months ago -- poised to buy regional provider BellSouth in a deal worth US$67 billion in stock. The deal would create the largest single tel...