Business

Research in Motion suffered a potentially damaging setback when the U.S. Supreme Court refused to halt lower court proceedings that could result in the BlackBerry maker being barred from selling its hugely popular hand-held e-mail device in the U.S. NTP, a firm that first accused RIM of patent infri...

Joining forces in a bid to usher in a new era of ultra-convenient payment systems, Japanese credit cards companies have banded together with wireless phone companies to form a "mobile wallet" alliance. JCB Co., the largest credit card underwriter in Japan, and others joined with mobile operators suc...

The Internet's governing body has agreed to settle several outstanding lawsuits involving domain registrar VeriSign, an agreement that will keep that company in charge of the key dot-com domain until 2012. The Internet Corporation for Assigned Names and Numbers (ICANN) said the settlement is still s...

Microsoft has abandoned a plan that would have excluded rival media players from being included on devices that were outfitted with the Windows Media Player. Microsoft had proposed that device makers that included a CD with the Windows Media Player with their devices not be allowed to include any co...

The third quarter results posted yesterday by Google had even reserved analysts reaching for new adjectives to describe the seven-fold increase in profits, the nearly doubling of revenue and the fact that Google's own Web site is driving a growing amount of advertising income for the company. "These...

Information management and storage vendor EMC yesterday announced a definitive agreement to acquire a document imaging technology provider. EMC will purchase Captiva Software for US$22.25 per share in cash, or approximately $275 million net of Captiva's cash balance. EMC said input management softwa...

The former chief executive officer of online marketing firm Intermix has agreed to give up profits allegedly made through the distribution of spyware as part of a settlement with the state of New York. New York state Attorney General Eliot Spitzer said Brad Greenspan, the founder and former CEO of I...

AOL confirmed this week the layoff of about 700 employees, most of whom were working in customer call centers across the United States. The once-dominant Internet service company blamed the job cuts on its dwindling dial-up customer base, but industry watchers also viewed the layoffs as a ploy to pl...

Just days after Nortel Networks said it hired a former top-ranking executive at Motorola as its new CEO, hoping new blood at the top will help complete a lengthy turnaround, Motorola has sued to block the hiring and protect potential company secrets. Nortel announced Monday that CEO Bill Owens, wh...

Google has begun to digitize books in eight European countries, pushing forward on a global scale with a project that has been the subject of fierce criticism and now faces a second lawsuit from publishing interests in the U.S. Google said that the scanning of books was under way in Austria, Belgium...

A California law banning the sale or rental of violent video games to anyone under 17 is being challenged by two industry trade groups 10 days after Gov. Arnold Schwarzenegger signed the bill. The Entertainment Software Association and Video Software Dealers Association have filed a lawsuit in U.S.

Adobe Systems moved closer to acquiring Macromedia after the Department of Justice said the US$3.4 billion deal passed anti-trust muster. The approval came nearly six months after the deal was first announced on April 18. Over the summer, the Justice Department sought more information on the deal, r...

Corporate governance scandals, like Enron and WorldCom, have made boardrooms jittery. In fact, these types of scandals have frightened off otherwise qualified board members from serving on boards of publicly held corporations. To further inflame this situation, many insurers are either not issuing n...

Corporate governance scandals, like Enron and WorldCom, have made boardrooms jittery. In fact, these types of scandals have frightened off otherwise qualified board members from serving on boards of publicly held corporations. To further inflame this situation, many insurers are either not issuing n...

Corporate governance scandals, like Enron and WorldCom, have made boardrooms jittery. In fact, these types of scandals have frightened off otherwise qualified board members from serving on boards of publicly held corporations. To further inflame this situation, many insurers are either not issuing n...