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In its first major move since cofounder Jerry Yang returned to the CEO's chair, Yahoo will buy online ad network BlueLithium, a firm that uses online behavioral tracking to help advertisers reach specific consumers at defined times. The Web portal said it would pay $300 million in cash for the firm,...

One might argue that China and the Internet are both like high-speed trains. Both are growing at an extremely rapid pace, and both are apparently unstoppable global economic forces that are reshaping the economic landscape. Unfortunately, one might also argue that they are on a collision course. "Wh...

Sony has reportedly turned its attention to creating products and services that will enable users to download television programming and movies. The service will use the company's struggling PlayStation 3 and PlayStation Portable video game platforms as well as the company's high-definition Bravia t...

The president of handset maker Sony Ericsson, Miles Flint, resigned unexpectedly Tuesday, just as the joint venture has solidified its role as the world's fourth-largest maker of mobile phones and as it embarks on a strategy to grab more high-end market share. Flint plans to take a "short career bre...

The wireless telecommunications industry is poised to consolidate further, with MetroPCS Communications bidding to acquire Leap Wireless International for about $5.5 billion in a move that would combine two of the leading low-cost, prepaid carriers in the U.S. MetroPCS, which is based in Dallas, mad...

When Fox Interactive Media reported its first annual profit earlier this year, a message was sent to naysayers everywhere about the future of online advertising. Growth in advertising and search revenue at MySpace was largely responsible for the unit's profitability, and the result was a figurative ...

The fact that the name "Google" is often used interchangeably with the verb "search" today speaks volumes about the current state of the search market. "Right now it's Google's game to lose," Kevin Lee, executive chairman and cofounder of search marketing company Didit, told the E-Commerce Times. "T...

ITT this week emerged the winner of a lucrative contract with the Federal Aviation Administration to design and build the first component of a new satellite-guided air traffic control system. The $207 million initial contract is for the development and deployment of the Automatic Dependent Surveilla...

It's been a rumor-filled week leading into Labor Day, and Thursday was no exception, with reports surfacing that Microsoft might be considering purchasing BlackBerry maker Research In Motion. It's not the first time such a rumor has circulated, but it still had the effect of driving RIM's stock pric...

Dell took an important step toward crafting a turnaround Thursday, with the PC maker saying profit had risen 46 percent in the second quarter thanks to cost-cutting moves. The company's sales beat forecasts as its new retail strategy began to take shape. In fact, the No. 2 maker of personal computer...

Many of us have thought of "locking up" a killer domain name or Web address. Then, all we'd have to do is find a buyer. Some people with whom I speak tell me that all of the good domain names have been registered. Personally, I think that an enterprising and savvy person can still make a big score i...

The Electronic Frontier on Wednesday issued a report critical of the music industry's litigation campaign to reduce digital piracy. "Today, downloading from P2P networks is more popular than ever, despite the widespread public awareness of lawsuits," the report declared. "At the same time, the lawsu...

The Taiwanese firm Hon Hai Precision Industry, the world's largest contract manufacturer of electronics, reportedly said it plans to invest $5 billion in Vietnam in the next five years. Hon Hai had previously said it would spend up to $1 billion in the country, but now plans to spend five times that...

Microsoft has acquired one of the few providers of persistent, or group, chat functionality, a niche enterprise tool that is gaining rapid adoption, especially in the financial services areas. The software giant bought Parlano, best known for its MindAlign application, for an undisclosed sum. Parlan...

As Yahoo struggles to compete with Google and other big Internet players for ad revenue, its management team keeps experimenting with new structures. A leaked memo revealed this week that the company's longtime global head of advertising sales is leaving in the latest shuffle. In the confidential me...