Business

Symantec has announced it will buy spam-filtering company Brightmail in a deal worth $370 million, adding spam-stopping capabilities to its antivirus and security gateway. The all-cash deal is expected to close in July, and Symantec said it is "too early to estimate" the impact of the acquisition on...

Hewlett-Packard posted its best sales figures in company history during the second quarter, exceeding analysts' revenue expectations and matching profit forecasts as demand for printers, servers and outsourcing services remained strong. Offering more evidence that its 2002 merger with Compaq was a g...

Yahoo will unveil an upgrade of its Web-based e-mail service this summer that includes greatly expanded storage capacity for free users and "virtually unlimited" storage for paid customers. The upgrade is seen as a direct response to Google's controversial Gmail service. While Yahoo did not specify ...

Reflecting businesses' growing need to wring ROI from Web operations, subscriptions to Gomez' Internet Performance Management grew 51 percent in 2003 from the prior year. In addition, the privately held company received two rounds of financing, added 90 new clients and claimed subscription renewal r...

Powered by a slightly better than expected earnings report and expectations that tech spending will remain strong, Cisco Systems has said it will add 1,000 workers in 2004, in addition to 200 positions it filled during the first quarter. Although it did not provide a specific breakdown, the company ...

Gateway has filed suit against rival Hewlett-Packard, broadening a patent dispute that arose nearly two months ago. In the claim, the company alleges HP violated five separate patents held by Gateway. Gateway is seeking unspecified damages and asking that all of the claims HP filed in its own mid-Ma...

Small businesses are the true success stories of the Internet revolution, and further attempts to level broad taxes on Web sales and access would harm the ability of entrepreneurs to compete, according to eBay CEO Meg Whitman. Whitman used a high-profile speech before the National Press Club in Wash...

For all that Google has done to revive interest in technology and IPOs in recent weeks, it also has provided new fodder for a long-running debate: Is going public the ultimate goal for all companies, or are some businesses better served by staying private? Google's founders say they will remain focu...

Memory-chip designer Rambus has filed a billion-dollar lawsuit, claiming the four largest manufacturers of dynamic random access memory (DRAM) chips -- Micron Technology, Hynix Semiconductor, Siemens AG and Infineon Technologies -- conspired to squelch demand for its products. The 36-page complaint ...

Google has ended the suspense -- for now -- by filing with the U.S. Securities and Exchange Commission to raise as much as $2.7 billion through an initial public offering of stock. But, like many things the search-engine company has done, the IPO will have its share of twists. For starters, Google w...

In the first case brought under the CAN-SPAM Act that took effect January 1st, U.S. federal officials have charged four men from suburban Detroit, Michigan, with bombarding consumers with unwanted e-mail messages. Prosecutors alleged the men sent more than a million messages attempting to sell bogus...

The chief executive of Yahoo has announced that his company is positioned to compete with main rival Google even if that company pulls off its much-anticipated blockbuster public offering. "There is plenty of room for Yahoo to thrive and for Google to thrive," CEO Terry Semel said at a Milken Instit...

Google has selected two high-profile investment banks, Credit Suisse First Boston and Morgan Stanley, to underwrite its initial public offering, fueling rampant speculation that the search-engine leader will file to go public sometime this week. The IPO is expected to be the largest and most sought-...

The U.S. Department of Justice has launched its most comprehensive attack to date on software, music and movie piracy, conducting more than 100 raids in 10 countries and seizing scores of computers. Authorities said the computers and servers they confiscated contain nearly $50 million worth of illeg...

Halting in mid-trial the only state-level antitrust case to make it to court, Microsoft and consumers in the state of Minnesota have reached a tentative agreement to settle all claims against the computer software giant. Terms of the settlement will not be announced until details are finalized and a...