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In a meeting in Kuala Lumpur, officials from the Internet Corporation for Assigned Names are hammering out details for self-rule in an effort to separate itself from the U.S. Department of Commerce. The ICANN group, which is responsible for coordinating the Internet's naming and numbering systems, h...

European regulators have approved the merger between Sony Music and Bertelsmann Music Group, leaving only U.S. approval before the two companies can come together to create the world's second-largest music business. Financial terms of the deal have not been disclosed and the merger excludes some act...

Discount brokerage Charles Schwab today announced the immediate replacement of CEO David S. Pottruck by board Chairman Charles R. Schwab in the face of continued sagging profits. In the same statement, the San Francisco, California, company also reported that its net income for the quarter ended Jun...

At a time when the Internet represents a notable percentage of many organizations' revenue and market presence, it is becoming increasingly crucial for businesses to ensure their Web sites are performing well. Uptime is no longer enough. Today, organizations must make sure customers enjoy their onli...

Oil prices flirted with record high levels again today as a fresh round of sabotage attacks in Iraq revived fears that supplies to the U.S. could be impacted. Crude oil prices soared as high as $41.90 during the day in New York trading before settling to $41.64 at the close, a seven-week high. Oil s...

Lindows.com and Microsoft today announced that the two companies have reached a worldwide settlement in the trademark-infringement cases between the two companies. "This case was centered on the fundamentals of international trademark law and our necessary efforts to protect the Windows trademark ag...

Apple Computer on Monday introduced an upgraded version of its popular iPod digital music player, adding more features and lowering the price in a bid to ward off competition from the likes of Sony. Apple said the new model iPod features up to 12 hours of battery life, compared with 8 hours on the p...

Taking aim at one of the strong suits of rival Intel, AMD today released two new mobile processors, one meant to appeal to performance-hungry laptop users and one to target the tablet PC niche. AMD said new mobile computers sporting its Athlon 64 3400+ model chips will be available for the back-to-s...

Inflationary pressures appeared to ease in June over the preceding month, with the Labor Department today reporting that consumer prices rose a modest 0.3 percent, half the rate of May. The core inflation rate, which ignores fuel and food costs, rose only 0.1 percent in June, half what analysts had ...

IBM today said net income rose nearly 17 percent in the second quarter as server sales boosted both its bottom line and its profits. The tech giant also reassured nervous investors by affirming its outlook for the rest of the year and by saying that business conditions continue to improve. IBM said ...

Microsoft, America Online and Yahoo announced Thursday they were collaborating to develop the world's largest public instant messaging network. The companies plan to use Microsoft Office Live Communications Server 2005 to connect their IM networks, they said in a joint statement. The platform, still...

Dell President and COO Kevin Rollins moved up to the PC company's top spot today when he took over the CEO reins from company founder Michael Dell. The move was described as more a change of title than duties and is not expected to be followed by significant strategy changes, the world's largest PC ...

A new consortium called the Trusted Electronic Communications Forum (TECF) has brought together top companies in the financial and technology industries to tackle phishing and spoofing attacks aimed at stealing personal information. Phishing and spoofing are a kind of bait-and-switch often used for ...

Microsoft, America Online and Yahoo today announced they will collaborate to enable connectivity between Microsoft Office Live Communications Server 2005 and the AOL, MSN and Yahoo instant messaging (IM) networks. "This agreement represents the dawn of the next era for instant messaging, which will ...

With online sales surpassing US$100 billion last year and continuing to grow at double-digit rates, retailers are seeing greater profitability with their online operations. With this good fortune comes the added burden of protecting the personal data of customers. As the list of regulations coming f...