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EU Gives Thumbs-Up to Intel, STMicro Flash Memory Partnership

Regulators from the European Union (EU) have given their blessing for a plan by Intel and STMicroelectronics to spin off and combine their respective flash memory chip units ...

Qwest Calls On Telecom Vet to Lead Turnaround

Regional telecommunications provider Qwest Communications has named a veteran telecom executive with recent experience running a retailer as its new CEO and chairman, as the company hopes to gain a fresh start and put an insider trading scandal and years of red ink in its rear view mirror ...

Google Raises Storage Ceiling – for a Fee

Google has begun offering users of its various Web services the option of getting more storage, but that additional capacity will come at a cost ...

Universal Dumps DRM, Disses iTunes

Universal Music Group (UMG) will test selling music free of digital rights management (DRM) technology, and it plans to make the tracks available through RealNetworks' Rhapsody service and other outlets -- but not through the iTunes Music Store ...

Vonage Breathing Easier With Stronger Q2 Revenue

Vonage shares surged higher amid a stock market selloff Thursday after the VoIP (Voice over Internet Protocol) provider -- recently seen teetering on the brink of extinction due to legal issues -- posted better-than-expected earnings ...

Blockbuster Chases Online Box Office With Movielink Buy

Blockbuster will buy film download site Movielink, a bid by the largest video and DVD rental chain to assure it remains a key player in distribution of movies even when DVDs become less prevalent ...

Sprint Nextel Profit Takes a Nosedive

Sprint Nextel's second-quarter earnings fell sharply in part due to costs associated with the merger creating the third-largest national telecom carrier, the company said ...

Buy.com Wants to Steal eBay’s Friends

Hoping to use social networking to compete with auction giant eBay, Buy.com on Tuesday launched Garage Sale, a service that lets users sell goods and services from within their home pages on sites such as Facebook ...

Judge Sides With Microsoft, Overturns $1.5B Patent Award

A federal judge handed Microsoft a huge victory in a years-old patent spat with telecom giant Alcatel-Lucent focusing on how personal computers running Windows play back MP3 music files, setting aside a US$1.5 billion jury award granted after the software giant was found to have infringed on two digital music playback patents ...

Amazon Leads Funding of Social Music Download Site

Arming for battle in the digital music space, Amazon.com has investedin a startup that attempts to blend digital music sales with socialnetworking ...

EMI Revenue Falls but DRM-Free iTunes Sales Promising

EMI Group, the UK-based record label that is awaiting a takeover by a private equity firm, posted lower revenue for its second quarter as CD sales plunged but indicated its DRM-free music experiment with iTunes is off to a fast start ...

XM Losses Taper as Subscriber Growth Slows

XM Satellite Radio posted second-quarter results that showed it managed to stem the flow of red ink that has dogged the company, thanks in part to strong gains in sales of new cars equipped with the technology ...

Panero to Exit XM as Merger Gathers Momentum

XM Satellite Radio's cofounder and longtime Chief Executive Officer Hugh Panero will vacate the CEO post in August, the company announced Tuesday ...

AOL Buys Ad Firm to Trail Consumers Online

Time Warner's AOL has reached a deal to buy Tacoda, an online advertising firm that specializes in behaviorally targeted marketing ...

AT&T Beats Street, iPhone Numbers Cast Shadow on Apple

AT&T's strong subscriber growth in its wireless business propelled its earnings past expectations, the company said, but the results were overshadowed by data showing early sign-ups for iPhone service fell short of forecasts ...

AT&T Beats Street, iPhone Numbers Cast Shadow on Apple

AT&T's strong subscriber growth in its wireless business propelled its earnings past expectations, the company said, but the results were overshadowed by data showing early sign-ups for iPhone service fell short of forecasts ...

AT&T Beats Street, iPhone Numbers Cast Shadow on Apple

AT&T's strong subscriber growth in its wireless business propelled its earnings past expectations, the company said, but the results were overshadowed by data showing early sign-ups for iPhone service fell short of forecasts ...

XM, Sirius Unveil Post-Merger Pricing Plans

Satellite radio providers XM and Sirius will offer consumers the ability to choose small bundles of stations if their proposed merger is approved by regulators, the companies said Monday ...

HP to Pocket Opsware for $1.6B

HP will buy Opsware, the data center automation software firm cofounded by Netscape creator Marc Andreessen, in a deal worth around US$1.6 billion ...

Microsoft Posts Hearty Earnings Despite Xbox Charge

Microsoft managed to post a 7.3 percent increase in earnings for its fourth quarter, despite a mammoth US$750 million charge relating to fixes to its Xbox 360 product, as strong enterprise sales helped the company surpass the $50 billion revenue mark for the fiscal year ...

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