Business

A consortium of private equity firms agreed Monday to purchase Dallas-based utility TXU for a record $45 billion, in a deal sealed with the help of environmental groups. As part of the buyout plan, TXU will shelve plans to build eight coal-fired power plants and also invest in "green" energy technol...

As the Microsoft v. AT&T case wound its way through the U.S. court system, warnings abounded that an adverse ruling could seriously complicate software companies' global manufacturing and sales strategies. This theory was reinforced by a federal court jury decision, which ordered Microsoft to pa...

As the Microsoft v. AT&T case wound its way through the U.S. court system, warnings abounded that an adverse ruling could seriously complicate software companies' global manufacturing and sales strategies. This theory was reinforced by a federal court jury decision, which ordered Microsoft to pa...

As the Microsoft v. AT&T case wound its way through the U.S. court system, warnings abounded that an adverse ruling could seriously complicate software companies' global manufacturing and sales strategies. This theory was reinforced by a federal court jury decision, which ordered Microsoft to pa...

Swedish wireless equipment giant Ericsson is hoping to boost its multimedia services for the Internet with the purchase of Tandberg Television. The buy could push Ericsson to the vanguard of IPTV, or Internet Protocol Television, which is likely to be one of the major markets for the telecom industr...

AOL is extending the time period in which Swedish online marketer TradeDoubler can consider its acquisition offer. AOL, a unit of Time Warner, in January offered to buy the firm for $900 million in cash with an acceptance offer to expire Feb. 19. The new deadline is March 14. Fund manager Alecta, Tr...

"It was the best of times; it was the worst of times." The oft-cited quotation from Dickens' "A Tale of Two Cities" seems apt when talking about the opportunity presented by digital communications and computing. It has also ushered in a new breed of cybercriminal who tries hard to use your personal...

A federal jury has ordered Microsoft to pay $1.52 billion to Alcatel-Lucent for infringing on two patents that convert audio into the digital MP3 file format. One of the largest patent awards on record, Microsoft has said the ruling could also impact companies that have licensed this technology, inc...

Google, hoping to fend off ongoing criticism and potential legal battles, has decided to tackle copyright issues head on and will soon offer antipiracy technologies to halt unauthorized video-sharing, the company announced this week. YouTube, which Google acquired late last year in a $1.6 billion st...

In a move that demonstrates consolidation among players in the burgeoning world of Web 2.0 development, Cisco Systems paid $135 million to buy Reactivity, an XML specialist that's been selling products for only about five years. Cisco, in announcing the acquisition, said its clients -- as well as ma...

Cybercriminals are as gung-ho about perpetrating online fraud as financial institutions and governments are dedicated to preventing it. It's not so much the number of people who have fallen victim to ID theft, but the potential for serious loss and the possibility that you or I will become the next ...

AT&T has won one of the largest commercial contracts in its history, the company announced Wednesday -- a massive five-year global networking contract from automotive giant General Motors. The deal, which is worth nearly $1 billion, calls for AT&T to deliver next-generation telecommunication...

AT&T has won one of the largest commercial contracts in its history, the company announced Wednesday -- a massive five-year global networking contract from automotive giant General Motors. The deal, which is worth nearly $1 billion, calls for AT&T to deliver next-generation telecommunication...

AT&T has won one of the largest commercial contracts in its history, the company announced Wednesday -- a massive five-year global networking contract from automotive giant General Motors. The deal, which is worth nearly $1 billion, calls for AT&T to deliver next-generation telecommunication...

The U.S. Supreme Court is hearing oral arguments Wednesday for a patent case that could impact how manufacturers configure and sell computers overseas, and to what extent U.S. patent laws can be enforced in foreign countries. Called Microsoft v. AT&T, the software industry is aligning behind Mic...