Business

Internet auction fraud accounts for close to half of all the complaints made to the FBI's Internet Crime Complaint Center, according to a report released Friday. Of the 207,492 complaint submissions made to the Internet Crime Complaint Center in 2006, Internet auction fraud accounted for 45 percent,...

Ending months of speculation, Google confirmed that it has acquired in-game advertising firm Adscape Media. The move could help make Google a player in a market already being heavily targeted by Microsoft and other rivals. Google confirmed the purchase on its official blog through a posting by Berni...

The trial of the former Qwest Communications CEO Joseph Nacchio began Monday. Nacchio is accused of violating insider trading laws as he sold some $101 million of the telecom company's shares. Nacchio, who served as Qwest CEO from 1997 to 2002, faces 42 charges of insider trading, each one involving...

CBS on Thursday announced a deal with YouTube to form a new Web channel featuring clips and highlights from the annual NCAA basketball tournament known as "March Madness." The deal comes just days after CBS' former sister company, Viacom, filed suit against YouTube -- and its owner, Google -- seekin...

The European Union's 27 telecommunications ministers came to an agreement on planned regulations to reduce mobile phone roaming fees Thursday. The announcement came after an informal meeting at this year's CeBIT technology trade show held in Hannover, Germany. The EU ministers said they want to see...

Cingular Wireless will refund $18.5 million to former California customers who were charged penalties for canceling substandard wireless service. The company will also drop plans to appeal to the Supreme Court the ruling against it in the case. Under an agreement reached with the California Public U...

The Japanese Internet mogul who became emblematic of the high-flying Internet sector in that country was found guilty Friday of fraud and sentenced to 2 1/2 years in prison. Takafumi Horie, the 34-year-old founder of Internet portal, Web services and interactive marketing firm Livedoor, was found gu...

Cisco has agreed to pay a pretty penny for WebEx. By any measure, the $3.2 billion -- in cash -- represents a hefty premium. The company obviously has big plans for this product line. Either that, or it wanted to take WebEx off the market so no one else would acquire it. Or both. Indeed, ever since...

We all negotiate one thing or another almost on a daily basis. When you negotiate, you are trying to achieve a goal through discussion and compromise. Typically, both elements have to be present in order to arrive at a successful outcome. Therefore, you must be able to communicate and be willing to...

Time Warner's AOL unit said it would withdraw its $900 million offer to purchase the Swedish online marketing company TradeDoubler, saying it had not received enough interest in its bid from shareholders. TradeDoubler's management had backed the AOL offer, which was made in January, but several majo...

Former Hewlett-Packard Chairwoman Patricia Dunn, whose decision to aggressively investigate boardroom press leaks led to a scandal that led to a wave of resignations -- but little collateral damage for the PC maker -- was cleared of all criminal charges Wednesday. Judge Ray E. Cunningham dismissed a...

Microsoft confirmed that it plans to acquire Tellme, a privately held speech recognition vendor. The deal gives Microsoft functionality in Tellme's core competencies: voice-activated nationwide directory assistance, enterprise customer service and voice-enabled mobile search. Founded in 1999, Tellme...

In a contentious congressional hearing Wednesday, the Federal Communications Commission was accused of overstepping its authority in its recent actions regarding the cable TV industry. At the end of 2006, the FCC -- led by Commissioner Kevin Martin -- approved in a 3-2 vote new video franchising rul...

While Viacom is seeking a cool $1 billion in its suit against Google's YouTube for allegedly using Viacom's copyrighted content without permission, the stakes may be far higher for Google and other Internet companies. Google is expected to argue that the safe harbor provision of the Digital Millenni...

Enterprises continue to add to their data storage capacity, with external disk storage system sales up 5 percent in the fourth quarter of 2006 to $6.9 billion, according to a report released Monday by research firm IDC. IDC's Quarterly Tracker report on disk storage systems found the total disk stor...