Business

Hedge funds are investment vehicles that use alternative or non-traditional investment strategies to manage investors' money. These strategies are broad-ranged and include the use of short sales, arbitrage, leverage, or derivatives. Hedge funds have become popular investment vehicles over the last f...

Moving into position to add cable-quality video to the voice, data and wireless services that its products help telecoms and other companies provide, Cisco Systems said it will buy cable equipment maker Scientific-Atlanta in a deal worth US$6.9 billion. Cisco will pay $43 per share in cash in exchan...

Disputes over the regulation of online real estate businesses that have surfaced in the last few years have caused the courts to recognize the importance of the Internet to the real estate industry. A recent case challenged the use of computer technology in relation to the method by which brokers pr...

Amazon.com and its investors got an early holiday present when Amazon shares were moved into the S&P 500 index, sparking buying interest in the e-tailer's stock. Amazon slid into the S&P 500 slot to take over the listing previously held by AT&T, which is being acquired by SBC Communicati...

Amazon.com and its investors got an early holiday present when Amazon shares were moved into the S&P 500 index, sparking buying interest in the e-tailer's stock. Amazon slid into the S&P 500 slot to take over the listing previously held by AT&T, which is being acquired by SBC Communicati...

Amazon.com and its investors got an early holiday present when Amazon shares were moved into the S&P 500 index, sparking buying interest in the e-tailer's stock. Amazon slid into the S&P 500 slot to take over the listing previously held by AT&T, which is being acquired by SBC Communicati...

In what could be a bid to assuage some of the publishers angry about its efforts to digitize millions of books and a glimpse into a new revenue model for book publishers, Google is said to be weighing a book rental program. Under the scheme that published reports say was pitched to at least one publ...

The success of Microsoft's decision to embrace the software-as-online-service approach, hailed by many as a landmark shift, may hinge on the software company's ability to make the platform work for advertising as well as for distributing software. Analysts say the move to offer online versions of it...

Continuing its settlement spree, Microsoft put to rest another anti-trust lawsuit by striking a US$30 million deal with in South Korean Web portal owner Daum Communications. The portal and ISP had filed a complaint in 2001 with South Korea's Fair Trade Commission alleging that Microsoft had violated...

Inevitably, even the best companies do, from time-to-time, suffer a catastrophic event that can change not only the course of the company, but also its very survivability. Unfortunately, many companies do not have a Crisis Action Plan. This lack of a plan can have profoundly negative affects on the ...

Despite favorable rulings from the U.S. Patent and Trademark Office in its long patent battle with NTP, BlackBerry handheld maker Research In Motion (RIM) will not be able to wait on further decisions from the Office, as a federal court moves forward on its settlement dispute with NTP. Embroiled in ...

In a boost for its efforts to have a hand in the online video revolution, Microsoft announced that its MSN portal would partner with The Associated Press (AP) to develop an advertising-supported online video news network. The AP Online Video Network will be used to provide members who receive news u...

Grokster, the peer-to-peer network that was heir apparent to the original Napster, has gone the way of its infamous predecessor, agreeing to shut down the distribution of its software and pay US$50 million to settle copyright infringement claims brought by record and movie studios. The surprising de...

Jeanson Ancheta, 20, installed pop-up adware on the commandeered computers and rented his "botnet" -- or network of computers compromised by Trojan horses that allow remote control of the infected machine -- to other hackers for profit, prosecutors say. Ancheta is charged with 17 federal counts incl...

Signaling its intention to be a major player in the online music segment, America Online has purchased MusicNow, a digital music site that specializes in subscription packages. AOL said it reached the deal to buy the firm from electronics retailer Circuit City in late September and closed the purcha...