Business

Application infrastructure firm Citrix will buy open source virtualization company XenSource for $500 million, a deal announced just hours after another virtualization firm made a dazzling debut on Wall Street. Citrix will pay a combination of cash and stock for Palo Alto, Calif.-based XenSource, a ...

E-mail and other forms of electronic communications have become pervasive and essential to business growth and operational productivity. This new dependency on messaging has created a whole new spectrum of major risks, vulnerabilities and requirements for companies of all sizes. "Postini customers t...

Google's YouTube is seeking to depose high-profile comedians Jon Stewart and Stephen Colbert as part of its defense of a $1 billion copyright infringement suit filed by Viacom, parent company of the Comedy Central network where they serve up their fake news and political digs. Stewart, who hosts "Th...

VMware, the server virtualization firm spun off by EMC with the help of some high-profile industry backers, made an impressive debut on Wall Street Tuesday, with the company's shares rising 90 percent in early trading. VMware shares priced at $29 late Monday -- the high end of a $27 to $29 range -- ...

One of the hard realizations that most new e-commerce companies must make sooner or later is that simply creating a Web site does not mean customers will visit it. Sure, there are hundreds of millions of potential customers online, but there are also billions of other Web sites competing for their a...

Completing its largest acquisition ever, Microsoft closed its $6 billion purchase of digital advertising player aQuantive, then created a new business unit to encompass aQuantive and its three companies: Avenue A | Razorfish, Atlas Solutions and DRIVE Performance Solutions. Formed in 1997 and based ...

Regulators from the European Union have given their blessing for a plan by Intel and STMicroelectronics to spin off and combine their respective flash memory chip units. The proposal, which also calls for a major cash infusion from a private equity firm, would not pose an unfair risk to competition ...

Regional telecommunications provider Qwest has named a veteran telecom executive with recent experience running a retailer as its new CEO, as the company hopes to gain a fresh start and put an insider trading scandal and years of red ink in its rear view mirror. Edward Mueller will succeed Richard N...

A publisher of nude model photography is suing Microsoft for linking to images of its content that have been published without permission by other Web sites. MSN's image search feature links to thumbnails of Perfect 10's content that users can then click on to view in full-size versions, according t...

E-mail and other forms of electronic communications have become pervasive and essential to business growth and operational productivity. Today, with more than 170 billion e-mails and 580 billion IMs exchanged daily, companies have seen a 334 percent annual increase in bandwidth, processing and stora...

Universal Music Group will test selling music free of DRM technology, and it plans to make the tracks available through RealNetworks' Rhapsody service and other outlets -- but not through the iTunes Music Store. Universal becomes the second major record label after EMI to begin offering music withou...

Vonage shares surged higher amid a stock market selloff Thursday after the VoIP provider posted better-than-expected earnings. Vonage cut its net loss to $34 million, or 22 cents, in the second quarter, less than half of the losses it posted in the year-ago quarter, when it lost $74 million. Revenue...

Blockbuster will buy film download site Movielink, a bid by the largest video and DVD rental chain to assure it remains a key player in distribution of movies even when DVDs become less prevalent. Terms of the acquisition were not disclosed. Blockbuster has been known to have been in talks with Movi...

John Schappert, who helped create and grow the "Madden NFL" franchise of video games, has taken a position with Microsoft's Live interactive entertainment division. Schappert moves to Microsoft from Electronic Arts, following in the footsteps of his former boss at EA, Don Mattrick, who will now be h...

Federal prosecutors have drawn first blood in the stock options backdating scandal. Following a five-week trial, Gregory L. Reyes, the former CEO of Brocade Communications Systems, was convicted of 10 counts of conspiracy and fraud in Federal District Court in San Francisco. Reyes could receive a se...