Archive

Yahoo and Musicmatch today announced they have signed an agreement for Yahoo to acquire Musicmatch for approximately US$160 million in cash. Digital music sales are expected to grow rapidly in the near future, particularly with the increasing availability of broadband access. Music subscription sale...

Offshoring's toughest moments are often encountered while attempting to manage an IT outsourcing program at a facility that is unprepared for that particular type of work. As described below, chances of offshoring success are improved by matching the type of program with the lifecycle of the offshor...

Nokia said Monday that it had landed a contract worth at least US$120 million to supply the hardware for a new nationwide mobile network in Libya, giving the company a foothold in a key emerging market and boosting its global 3G offerings. Nokia said the deal, which calls for the company to supply a...

The Internet has brought dramatic changes to the way companies communicate and people conduct their business relationships. One of the hottest marketing trends for businesses across all industry lines involves using the power of the Internet to provide virtual meeting spaces. Web conferencing and We...

Anadarko Petroleum Corporation announced that it has agreed to divest certain U.S. onshore properties to undisclosed parties for US$850 million in cash and interests in two oil and gas fields in Wyoming. The transaction, effective September 1, 2004, will include an estimated 108 million barrels of o...

NetSolve, a security and infrastructure applications developer, has signed an agreement with Cisco under which Cisco will acquire NetSolve for a purchase price of US$11.00 per share in cash. "Our board has concluded this is a fair transaction for our stockholders and will be recommending its approva...

A federal judge has written the latest -- but probably not the last -- chapter in the epic business and legal struggle between Oracle and PeopleSoft, ruling that government regulators failed to prove Oracle's proposed takeover would be harmful to competition. The decision hands Oracle a huge victory...

All executives of public companies know of the Sarbanes-Oxley Act (SOX), which was signed into law on July 30, 2002. Many owners of small businesses planning an IPO certainly are aware of it, and some dread it. In fact, there are owners of small-cap companies who have withdrawn their IPO application...

Oracle has prevailed in a lawsuit filed by the Department of Justice seeking to block its proposed acquisition of PeopleSoft. The decision, even though it can be appealed, removes a significant roadblock to the acquisition. "This decision puts the onus squarely on the board of PeopleSoft to meet wit...

A leading technology industry association lashed out at a recently implemented federal government program that seeks to rein in information technology costs by requiring additional reviews before contracts can be modified. The Information Technology Association of America (ITAA) said the program, an...

One of the areas that is increasingly becoming of concern to online retailers is a state's power to regulate e-commerce through enforcing that particular state's regulation of certain offline business activities. A recent case in point is Powers v. Harris, where the Court of Appeals upheld the const...

Federal Reserve Chairman Alan Greenspan gave a mostly upbeat message to Congress about the state of the U.S. economy on Wednesday, but the positive prognosis was not enough to rally stocks. While some investors focused on the likelihood of more interest rate hikes, others might have been wondering h...

With good momentum already in the United States and worldwide, a new report from In-Stat/MDR suggests that mobile gaming, while remaining a niche market, will continue its rise as a key contributor to wireless data usage and revenues. The research firm estimates that by 2009, mobile gaming services ...

The state of California has dropped a criminal investigation into the company that sold it electronic voting machines but instead will join an existing lawsuit charging that the company made false claims about the reliability of the machines. California Attorney General Bill Lockyer said he would si...

Is your corporate image sending messages of love, hate, profanity or sobriety? No matter how and where you travel, with or without your products or your corporate image, the chances are that a lot of your marketing messages are getting lost in translation as they make their way around the globe. Bus...