Business

Texas Instruments today announced a definitive agreement to sell its sensors and controls business to a global private equity investment firm for US$3 billion in cash. Bain Capital, LLC will purchase the Attleboro, Mass. division that supplies engineered sensors and controls to the appliance, climat...

Texas Instruments today announced a definitive agreement to sell its sensors and controls business to a global private equity investment firm for US$3 billion in cash. Bain Capital, LLC will purchase the Attleboro, Mass. division that supplies engineered sensors and controls to the appliance, climat...

EMC Corporation yesterday said it has acquired Acxiom's information grid software for US$30 million. The companies also announced a partnership that will combine Acxiom's grid technology with EMC's portfolio of storage, information management and resource management solutions. As a key component of ...

Of all the current monetary units, the U.S. dollar is still the world's dominant currency. But, there are challenges facing the dollar. Economic forces at work today seem to be favoring the consolidation of currencies. With the creation of the Euro, 11 disparate currencies were merged into one monet...

Computer security software firm McAfee has agreed to pay a US$50 million fine to the Securities and Exchange Commission (SEC) in order to settle charges that it pumped up revenue and earnings during the dot-com craze. The fine will help McAfee settle charges that it exaggerated both sales and earnin...

The recent addition of ABC, ESPN and other Disney-owned properties to Apple's iTunes media service is just the latest move in the studio's aggressive push to increase digital delivery of its valuable content. Disney's willingness to make its content available the way consumers want it -- particularl...

While much hype has centered on the Xbox 360 gaming console this holiday season, Nintendo grabbed a significant piece of the gaming thunder this year as well, with the company reporting that it has sold some four million of its handheld Nintendo DS devices in the U.S. alone. Nintendo said it recentl...

Symantec yesterday announced it has signed a definitive agreement to acquire instant messaging software maker IMlogic. IMlogic's technology is designed to control and secure public and enterprise IM networks, while ensuring compliance with regulatory and corporate governance policies. The acquisitio...

Google may be close to rolling out a bargain-priced device for accessing and managing Web content, according to published reports that say the search giant may use this week's Consumer Electronics Show to unveil the initiative. The Los Angeles Times reported that Google has had discussions with Wal-...

Hoping to build on more than 30 years of chip-making history while embracing the changes buffering the semiconductor industry, Intel has unveiled a new branding strategy, shelving a familiar catchphrase and a 37-year-old logo in the process. The Santa Clara, Calif. chip-making giant said it would au...

AT&T plans to start the New Year with a massive advertising campaign aimed at re-introducing one of the most venerable brand names in telecommunications history to consumers who may need a refresher course after an historic year of upheaval and consolidation in the communications industry. AT&am...

AT&T plans to start the New Year with a massive advertising campaign aimed at re-introducing one of the most venerable brand names in telecommunications history to consumers who may need a refresher course after an historic year of upheaval and consolidation in the communications industry. AT&am...

AT&T plans to start the New Year with a massive advertising campaign aimed at re-introducing one of the most venerable brand names in telecommunications history to consumers who may need a refresher course after an historic year of upheaval and consolidation in the communications industry. AT&am...

Google is the target of yet another lawsuit. The search giant has been charged with patent infringement allegations related to Google Talk, its Instant Message and Internet phone feature. Rates Technology Inc. (RTI) filed suit against Google in New York federal court in October. The company alleges ...

In a move that could lead to stiffer competition for Intel -- and also accelerate the production of next-generation electronics -- three computer chip-making rivals are forming a partnership to work on cutting-edge system chips. Hitachi, Toshiba and Renesas Technology said they are still working out...