Motorola Inc. on Monday dismissed as an “unnecessary distraction” billionaire investor Carl Icahn’s legal efforts to force it to turn over documents about its executives and its cell phone business.
Icahn plans to use the material in his battle to win four seats on the Schaumburg-based company’s board. Motorola prevailed in a similar proxy battle with […]
Mobile phone maker Sony Ericsson on Wednesday warned that falling growth in the market for mid- and high-range handsets would have a negative impact on its sales and profits in the first quarter.
The joint venture between Sweden’s LM Ericsson and Japan’s Sony Corp. said shortages in certain components for mid-priced phones also were expected to […]
SAN FRANCISCO (AP) - Apple Inc. is negotiating with record labels over a deal to give iPhone and iPod customers free access to the entire iTunes music library if they pay extra for the devices.
The Financial Times is reporting that the sticking point in the talks is how much Cupertino-based Apple will pay the record […]
BERKELEY, Calif. (AP) - A new partnership among two personal computing giants and two major research universities aims to bring advances in processing technology to consumers faster.
Under an agreement announced Tuesday, Intel Corp. and Microsoft Corp. are joining the University of California, Berkeley, and the University of Illinois at Urbana-Champaign to push developments in parallel […]
NEW YORK (AP) - AOL said Thursday it will pay $850 million to acquire the online hangout Bebo, giving the struggling Internet company a foothold in an expanding business.
Bebo is one of the largest social networks in Britain, is ranked No. 1 in Ireland and New Zealand and has a global membership of more than […]
NEW YORK (AP) - U.S. video game sales - including hardware and software - jumped 34 percent in February to hit $1.33 billion, even with two top-selling consoles in short supply, according to data from market researcher NPD Group.
Nintendo’s Wii and Microsoft Corp.’s Xbox 360 have been in such high demand stores are having a […]
SAN FRANCISCO (AP) - Apple Inc. was sued Wednesday over allegations its iTunes online music store and iPod music players are illegally using a patented method for distributing digital media over the Internet.
Atlanta-based ZapMedia Services Inc. sued Apple in U.S. District Court for the Eastern District of Texas, accusing the Cupertino-based company of violating two […]
MOUNTAIN VIEW, Calif. (AP) - Google Inc. says it has taken control of online ad service DoubleClick Inc., completing a deal that the Internet search leader announced 11 months ago.
The Mountain View-based company closed the acquisition Tuesday, just a few hours after European antitrust regulators approved the transaction over the objections of Microsoft Corp. and […]