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Texas Instruments today announced a definitive agreement to sell its sensors and controls business to a global private equity investment firm for US$3 billion in cash. Bain Capital, LLC will purchase the Attleboro, Mass. division that supplies engineered sensors and controls to the appliance, climat...

Texas Instruments today announced a definitive agreement to sell its sensors and controls business to a global private equity investment firm for US$3 billion in cash. Bain Capital, LLC will purchase the Attleboro, Mass. division that supplies engineered sensors and controls to the appliance, climat...

EMC Corporation yesterday said it has acquired Acxiom's information grid software for US$30 million. The companies also announced a partnership that will combine Acxiom's grid technology with EMC's portfolio of storage, information management and resource management solutions. As a key component of ...

In a move that could save it billions of dollars, IBM said it would freeze its pension plan within two years and shift more employees to beefed-up 401(k) programs. Big Blue said the shift was part of a "global strategy" of shifting retirement benefits to "the more predictable cost structure" of a 40...

Of all the current monetary units, the U.S. dollar is still the world's dominant currency. But, there are challenges facing the dollar. Economic forces at work today seem to be favoring the consolidation of currencies. With the creation of the Euro, 11 disparate currencies were merged into one monet...

The New Year has quickly brought new efforts by satellite radio providers XM Satellite and Sirius to win subscribers and grab market share in the rapidly emerging business. XM used the Consumer Electronics Show to roll out several new products, including hand-held radio players meant to make it easi...

Computer security software firm McAfee has agreed to pay a US$50 million fine to the Securities and Exchange Commission (SEC) in order to settle charges that it pumped up revenue and earnings during the dot-com craze. The fine will help McAfee settle charges that it exaggerated both sales and earnin...

Peddling pornography has always been big business on the Internet, but apparently it isn't lucrative enough for some skin merchants. Pornographers are turning to click fraud to supplement income generated by their Web sites, according to Kessler International, a cybercrime investigations firm based ...

Anti-spam software provider Mailshell and bulk e-mailer Lyris may not be a likely duo, but the two companies are working together to boost the validity of spam filtering and at the same time allow delivery of messages that might not be considered spam by some recipients. Their solution -- which allo...

The recent addition of ABC, ESPN and other Disney-owned properties to Apple's iTunes media service is just the latest move in the studio's aggressive push to increase digital delivery of its valuable content. Disney's willingness to make its content available the way consumers want it -- particularl...

While much hype has centered on the Xbox 360 gaming console this holiday season, Nintendo grabbed a significant piece of the gaming thunder this year as well, with the company reporting that it has sold some four million of its handheld Nintendo DS devices in the U.S. alone. Nintendo said it recentl...

Symantec yesterday announced it has signed a definitive agreement to acquire instant messaging software maker IMlogic. IMlogic's technology is designed to control and secure public and enterprise IM networks, while ensuring compliance with regulatory and corporate governance policies. The acquisitio...

Radio super personality Howard Stern's move to Sirius satellite radio may be a barometer of the new entertainment medium's likelihood to gain mainstream acceptance. While the move is inarguably significant, satellite radio still faces stiff challenges -- including the popularity of iPods and an upsu...

Google may be close to rolling out a bargain-priced device for accessing and managing Web content, according to published reports that say the search giant may use this week's Consumer Electronics Show to unveil the initiative. The Los Angeles Times reported that Google has had discussions with Wal-...

Hoping to build on more than 30 years of chip-making history while embracing the changes buffering the semiconductor industry, Intel has unveiled a new branding strategy, shelving a familiar catchphrase and a 37-year-old logo in the process. The Santa Clara, Calif. chip-making giant said it would au...