Business

Sprint Nextel has successfully rolled out Xohm in Baltimore. The new 4G wireless WiMax network runs on 2.5 GHz and delivers downloads at 2 to 4 Mbps -- but it is clear the telecom service provider is still carefully negotiating the industry land mine that has become network management. On the same d...

Computing giant HP has announced its intention to acquire storage software company LeftHand Networks for $360 million in cash. HP's move is an attempt to shore up its presence in the fast-growing IP storage segment of the data storage market. Unlike traditional storage area networks, IP storage ne...

Shares of Silicon Valley chip giant Intel closed up nearly 8.5 percent at just under $19 Tuesday on news that an equity analyst at investment bank Piper Jaffray upgraded the stock to a buy rating. The upgrade comes at a time when shares of other chipmakers such as Advanced Micro Devices and Texas In...

The Motion Picture Association of America has filed a complaint in the U.S. District Court of Los Angeles seeking a restraining order against RealNetworks. RealDVD, which became available on Tuesday, violates the Digital Millennium Copyright Act, the MPAA maintains. It is hardly surprising that the ...

Microsoft has teamed with Washington State Attorney General Rob McKenna to try and stamp out so-called scareware. The AG and Microsoft have filed lawsuits against James Reed McCreary IV of The Woodlands, Texas. The suit names him as the marketer of an application called "Registry Cleaner XP." Also ...

Several Silicon Valley Congress members have urged the U.S. Department of Justice not to interfere in the pending online advertising deal between search engine giants Google and Yahoo. Mountain View, Calif.-based Google and Sunnyvale, Calif.-based Yahoo are situated in the heart of Silicon Valley. T...

Besides working overtime to crank out the $700 billion financial market rescue plan -- to little avail as it turned out -- the House of Representatives on Sunday also passed a piece of legislation that could rack up significantly more penalties for copyright violation. The Prioritizing Resources and...

The weekend media spotlight was on the heated Congressional negotiations that produced a financial bailout bill, which promptly went nowhere. But hidden somewhere in the static of dealmaking, rhetoric and counteroffers was a strong signal of support for Internet radio. The Webcaster Settlement Act o...

Three major Internet service providers have promised Congress that they do not monitor their customers' activities online. However, in an argument worthy of the political venue in which it was made, executives from these companies went on to equivocate about what they were actually doing and whether...

Silicon Valley semiconductor company Transmeta has put itself up for sale. The Santa Clara, Calif.-based chip designer hired investment bank Piper Jaffray in early 2008 to assist it in exploring options. The Transmeta board ultimately decided a sale of the company was the best strategy. Piper Jaffra...

She wasn't the first person to be sued by the music industry for illegally sharing digital music files, but Jammie Thomas was the first to go to court in the ongoing battle over copyrights, consumers and charges of piracy. The 30-year-old single mother from Minnesota lost the first round last Octobe...

Yahoo has rejiggered its online display advertising engine in the hope that it can dominate the segment in the same way rival Google owns the search advertising market. Called "APT" -- the acronym doesn't stand for anything, according to Yahoo Vice President of Product Management John Slade -- the n...

Viviane Reding, Europe's info-media commissioner, has skillfully staked out her position as champion of consumers who want it cheap and now. Her Europe-wide caps on roaming charges for mobile voice services are popular, and now Reding wants the same relief for consumers downloading data and text-mes...

Microsoft announced plans to buy back $40 billion of its own stock, increase its dividend by 18 percent, and tap the debt markets for the first time in its 33-year history. The moves come at a time when many companies are battening down the hatches in anticipation of an ever-tightening credit market...

Virus protection giant McAfee is expanding its security empire with the acquisition of Secure Computing. The company announced plans for the purchase Monday morning. It'll pay $465 million, or $5.75 per share, in the merger. The move will no doubt help expand McAfee's suite of security-related produ...