- MySpace wins $230 million spam judgment
The popular online hangout MySpace has won a $230 million judgment over junk messages sent to its members in what is believed to be the largest anti-spam award ever.
- HP taking aim on IBM with risky $13.2B acquisition of EDS
Riding a hot streak that has doubled its stock price in the past three years, Hewlett-Packard Co. is rolling the dice on a $13.2 billion acquisition of technology services provider Electronic Data Systems Corp.
- Sale to HP will end EDS independence
Eight months into his tenure as CEO of Electronic Data Systems Corp., Ronald Rittenmeyer is overseeing the sale of the company, something he says he never planned.
- Reports: Carl Icahn considering attempt to oust Yahoo board
Billionaire investor Carl Icahn is reportedly loading up on Yahoo Inc.'s stock in preparation for a possible attempt to shove aside the Internet icon's board and bring the company's disillusioned suitor, Microsoft Corp., back to the bargaining table.
- Craigslist countersues eBay, saying it broke antitrust laws
Online classifieds giant Craigslist countersued its minority owner, eBay Inc., on Tuesday, alleging the online auctioneer is violating federal and state antitrust laws.
- EarthLink to pull the plug on Wi-Fi in Philadelphia
EarthLink Inc. is pulling the plug on its troubled wireless high-speed Internet network in Philadelphia, once touted as a national model.
- Apple now sells HBO shows on iTunes store
Apple Inc. has scooped up Time Warner Inc.'s HBO to feed television shows to its online iTunes store, reeling in one of the last holdouts among major channels and agreeing to a rare pricing concession to land hit shows like "The Sopranos," "Sex and the City" and "The Wire."
- Sprint Nextel CEO asks shareholders' patience in turnaround
Dan Hesse, chief executive officer at Sprint Nextel Corp. for less than five months, faced tough questions Tuesday about the company's continued trouble keeping wireless subscribers.
- Britain complains to EU about Microsoft file system
A British watchdog agency said Tuesday it had complained to European Union regulators that Microsoft Corp.'s new file format for storing documents discouraged competition.
- Microsoft's WorldWide Telescope blasts off
Microsoft Corp. launched its WorldWide Telescope late Monday, bringing the free Web-based program for zooming around the universe to a broad audience.