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Most corporations, when giving birth to a new product, behave just like parents jumping in frenzy in a maternity ward. This typical hysterical hoopla of the incubation wing is often replaced by a subtler, cubicle behavior and, at times, becomes a subdued Dilbertish-style revolution. Objects do fly, ...

Halliburton announced today that it has reached a settlement in the investigation by the SEC involving Halliburton's 1998 and 1999 disclosure of and accounting for the recognition of revenue from unapproved claims on long-term construction projects. "We are pleased to bring closure to this matter," ...

Pfizer today announced it has filed a barrage of lawsuits aimed at shutting down online sales of generic, counterfeit or fake versions of Viagra, its copyrighted erectile dysfunction medication. The New York-based drugmaker filed the suits against dozens of what it called "illegitimate online pharma...

Online search engine Ask Jeeves has reached an agreement to start offering Citysearch's local content and business data, with the information expected to start showing up in searches in September. Citysearch's data will complement the local features already offered on Ask Jeeves, including maps, dri...

The Indian government has made various proposals recently to tax foreign firms sending outsourcing work to India and firms that import and resell shrinkwrap software in India. Proposals range from setting a simple 4 percent tax on the value of outsourcing contracts to a more complex system of taxing...

Media giant Viacom and Internet sports content and e-commerce provider SportsLine.com announced today that they have signed an agreement for SportsLine.com to merge with a subsidiary of Viacom. Under the deal, holders of common stock of SportsLine.com will be entitled to US$1.75 per share in cash up...

During the late 1990s, when the online commerce movement was in its infancy, the notion of adding personalization capabilities to one's Web site was a logical extension to the basic concept of online transactions. The premise was simple enough: prompt customers to enter some basic information about ...

Hoping to keep its edge in software in part by producing a torrent of technological innovations, Microsoft is planning to push hard to secure more patents in the coming year. Chairman and Chief Software Architect Bill Gates told analysts at the company's annual meeting yesterday that Microsoft plans...

Hollinger International sold the Telegraph newspaper and related assets to Britain's Barclay brothers Friday for $1.3 billion, the Independent said Friday.

The hosting industry has come a long way since Affinity Internet entered the market in 1996. Hundreds of dot-com companies have disappeared or been reinvented. Clients are more sophisticated, with even the smallest operation demanding better products and more personalized service. Fort Lauderdale, F...

DaimlerChrysler has substantially increased its second quarter operating profit from $0.8 billion to $2.5 billion. The Chrysler Group, Commercial Vehicles and Services divisions significantly improved their earnings, though the operating profits of the Mercedes car group and the other activities seg...