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Phone company says TV ads causing “immediate and irreparable harm” by attacking the quality and reliability of its network, according to the suit. NEW YORK–Telephone service provider Verizon Communications brought its battle for video customers to court on Wednesday, with a lawsuit accusing rival Time Warner Cable of…
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The gloom pervading the financial markets and the business climate has reached the land of innovation. (From The New York Times) SAN FRANCISCO–Housing prices in Silicon Valley remain defiantly high. New BMWs and Saabs cruise Highway 101. But for the first time there are signs that the current…
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With the No. 1 source of music sales now an online downloading service, Amazon.com looks at the development of its digital offerings with a sense of urgency.(From The New York Times) Over the last 14 years, Amazon.com has mastered the art of getting physical copies of books,…
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Alcatel-Lucent awarded $367.4 million in damages after jury finds software giant violated two patents. Microsoft says it will appeal. Microsoft said on Friday a U.S. jury awarded Alcatel-Lucent $367.4 million in damages after finding that the software giant had violated two patents related to the user interface…
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A roommate-finding site cannot require users to disclose their sexual orientation, a U.S. appeals court ruled on Thursday.(From Reuters) A roommate-finding site cannot require users to disclose their sexual orientation, a U.S. appeals court ruled on Thursday, in the latest skirmish over whether anti-discrimination rules apply to the…
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Ann Livermore weighs in on what separates her company from Big Blue, along with the shift to virtualization and what it means to be green. Last year, Hewlett-Packard overtook IBM as the largest IT company in the world when its revenue hit $104 billion for the year ending…
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Move paves way for IAC chief Barry Diller to go ahead with proposed spinoff of company units. A Delaware court ruled in favor of IAC/InterActiveCorp chief Barry Diller on Friday in a legal dispute with controlling shareholder Liberty Media, paving the way for him to proceed with a…
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Cybersyn, a project that included a clunky mainframe computer and a network of telex machines, was in the early 1970s a part of an experiment to help manage Chile’s economy.(From The New York Times) SANTIAGO, Chile–When military forces loyal to Gen. Augusto Pinochet staged a coup here in…
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In August, a Chinese antimonopoly law takes effect that will extend the nation’s economic influence far beyond its borders. (From The New York Times) Microsoft’s hostile-takeover attempt against Yahoo may encounter an unexpected hurdle in August after a Chinese antimonopoly law takes effect that will extend the nation’s…
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Early Robert Kagle investment multiplied many times over during the dot-com era and was worth upward of $5 billion at its peak. (From Reuters) eBay said Thursday that early venture capital backer and longtime board member Robert Kagle plans to step down as a director of the company…
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Complaints alleging “abusive registration of trademarks on the Internet” last year were up 18 percent from 2006. (From Reuters) The World Intellectual Property Organization ousted a record number of “cybersquatters” from Web sites with domain names referring to trademarked companies, foundations, and celebrities in 2007. WIPO, a…
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Trash hauler says it spent more than $100 million on a computer system that turned out to be “undeveloped, untested, and defective.”(From Reuters) Waste Management says it spent more than $100 million on a computer system that was supposed to help it save money, but instead turned out…
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Company reported a higher quarterly profit, but its 16 percent rise in new software sales came in at the lower end of expectations. (From Reuters) Oracle reported a higher quarterly profit on Wednesday, but its 16 percent rise in new software sales was at the low end of…
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Trying to contain one of its biggest problems, Sprint set performance incentives for company officers for the rest of 2008. Mobile phone company Sprint Nextel, fighting to retain customers, is changing employee bonus plans to double the importance of stopping cancellations, a filing with the Securities and Exchange…
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Private-equity firms that agreed to buy media conglomerate might take lenders to court to complete the buyout, the Times reports.(From Reuters) Clear Channel Communications and the private-equity firms that want to buy it may go to court to force lenders to complete the leveraged buyout, The New York…
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The brokerage also raised its price target on Yahoo’s stock to $34 from $31, saying it believed Microsoft remained committed to its offer. (From Reuters) Citigroup said it is likely Microsoft will raise its $31-per-share offer for Yahoo, and upgraded Yahoo shares to “buy” from “hold.” The…
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The Web search leader still stands to get access to mobile networks without spending tens of billions of dollars to build one. Google’s losing bid for coveted wireless airwaves may prove a victory for the Web search leader as it still stands to get access to mobile networks…
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Companies aim to “help advance the technology” of business parters and corporate clients in the world’s computer-manufacturing hub.(From Reuters) Microsoft and Hewlett-Packard, the world’s top software and PC firms, on Thursday announced plans for a new technology center in Taiwan, the world’s computer-manufacturing hub. Companies such as…
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Patent complaint over LEDs and laser diodes leads trade commission to investigate electronics such as handhelds and high-def DVD players. (From Reuters) The U.S. International Trade Commission will launch an investigation into Sony and about 30 other companies on possible patent infringements related to Blu-ray disc players and…
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Court lets stand an order barring wireless chipmaker Qualcomm from selling chips that infringe on three of Broadcom’s patents.(From Reuters) Broadcom said Wednesday a U.S. appeals court let stand a lower court order barring wireless chipmaker Qualcomm from selling chips that infringe on three of its patents….
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