Business

SBC Communications said today it will take over its former parent company, AT&T, in a stock-and-cash deal worth around US$16 billion, a blockbuster takeover that marks just the latest major shift in a rapidly evolving industry. Over the weekend, the boards of both companies approved a deal in wh...

SBC Communications said today it will take over its former parent company, AT&T, in a stock-and-cash deal worth around US$16 billion, a blockbuster takeover that marks just the latest major shift in a rapidly evolving industry. Over the weekend, the boards of both companies approved a deal in wh...

Casting some doubt on a theory that its best growth days are behind it, Microsoft posted record revenue for its second quarter, saying sales were strong across its various businesses and predicting that trend will continue. Microsoft said earnings for the quarter more than doubled to US$3.46 billion...

Mobile phone handset sales surged in 2004, rising 32 percent over the previous year amid enhanced worldwide demand, according to a new report from Strategy Analytics. The market research firm said 200 million cell phones were sold in the fourth quarter alone, bringing the total for the year to 684 m...

In a potential blockbuster trade that could re-unite two telecommunication giants separated by regulators, SBC Communications is reportedly in talks with AT&T about a merger that could be worth at least US$16 billion. If the deal comes to pass -- and various reports say it is as likely to fall t...

In a potential blockbuster trade that could re-unite two telecommunication giants separated by regulators, SBC Communications is reportedly in talks with AT&T about a merger that could be worth at least US$16 billion. If the deal comes to pass -- and various reports say it is as likely to fall t...

In a potential blockbuster trade that could re-unite two telecommunication giants separated by regulators, SBC Communications is reportedly in talks with AT&T about a merger that could be worth at least US$16 billion. If the deal comes to pass -- and various reports say it is as likely to fall t...

In a move to compete in the growing market for local search services, Amazon.com today launched "A9.com Yellow Pages," a new local business search directory complete with photos. Analysts said if the concept takes off, it could expand the world of e-commerce. Amazon's "Block View" technology aims to...

Internet service provider EarthLink and South Korean mobile communications company SK Telecom today announced a joint venture to market wireless voice and data services in the U.S. The company will be called SK-EarthLink, and EarthLink founder and director Sky Dayton will serve its chief executive.

Speakeasy, a national broadband Internet service provider (ISP), said it will be the first to distribute a customized version of the Mozilla Foundation's Firefox browser to its customers. The development was immediately being called significant because it stands to open up an entirely new distributi...

Microsoft announced today that it will combat piracy of its flagship product by requiring Windows users to verify that their copy of the operating system is genuine in order to receive timely updates and security fixes. The new initiative, called Windows Genuine Advantage, will phase in beginning in...

For any corporation with plans to hit the markets with an IPO in 2005 or beyond, here are some key points. Just as how your latest technology and other corporate assets are essential to develop great financials for a potential IPO, your corporate image and brand name recognition are equally importan...

IBM has agreed to pay US$182 million in cash to acquire hosted applications firm Corio in a move aimed at strengthening Big Blue's line of application services. The deal gives IBM control of Corio's Applications on Demand platform, which targets midsized businesses that need applications quickly but...

Travelzoo, which came to be on the strength of dot-com promotional blitz that included stock giveaways and more recently became a rising star among e-commerce stocks, today said the Securities and Exchange Commission (SEC) is investigating stock market activity by some employees for possible insider...

Microsoft today said it will not appeal a European Union court order to immediately implement antitrust sanctions. The defeat forces the company to remove its Media Player and video software from its Windows platform in the 25-nation block and to give interoperability information to rivals. Microsof...