InternetNews Staff

Chinese espionage posed “the single greatest risk” to U.S. technology, a congressional advisory panel said on Thursday and called for efforts to protect industrial secrets and computer networks. The U.S.-China Economic and Security Review Commission also called in its annual report to Congress for closer work with China to promote energy security and deal with […]

Apple’s iPhone is unlikely to hit Chinese shelves soon because of technical and fee issues, industry executives said on Wednesday, a day after shares in the U.S. company shot up on hopes of a deal with China Mobile. Shares in Apple rose more than 10 percent on Tuesday — snapping a four-day losing streak — […]

Yahoo has settled a lawsuit alleging it aided China’s prosecution of several dissidents, in a case that prompted criticism of the company for cooperating with an authoritarian government. Terms were not disclosed in a joint court filing on Tuesday by attorneys for Wang Xiaoning, Yu Ling, Shi Tao and other unnamed parties and defendants Yahoo […]

SEATTLE — Microsoft Chief Executive Steve Ballmer said the company sees growth opportunities in emerging countries and the shift to digital advertising. At the company’s annual shareholder meeting today, Ballmer said Microsoft’s sales in “BRIC” countries — Brazil, Russia, India and China — will grow to almost $3 billion in fiscal 2008 ending in June […]

Yahoo is offering consumers in Latin America’s three largest markets a set of mobile Internet search services, paving the way for network carrier partners to offer Yahoo services of their own. Yahoo said on Monday that consumers in Argentina, Brazil and Mexico can point their phone Web browsers to m.yahoo.com to download Yahoo’s OneSearch mobile […]

SAN FRANCISCO, Nov 12 (Reuters) – Adobe Systems Inc said on Monday it will replace Chief Executive Bruce Chizen with Chief Operating Officer Shantanu Narayen, a surprising move that sent the software maker’s shares down 3 percent. Narayen, a former Apple Inc executive who has been with Adobe for nearly 10 years, will succeed Chizen […]

Oracle made a move on Monday to take on VMWare in the market for virtualization software, unveiling a product that it says is three times more efficient than competitors’ offerings. VMware shares fell more than 6 percent after executives at Oracle, the world’s second-largest software maker, demonstrated the product before thousands of customers at a […]

Yahoo said on Monday it would launch an open source program for developing software for distributed computing, with Carnegie Mellon University as its first academic partner in the venture. Yahoo has been a main supporter of Hadoop, an open source distributed file system that lets users process massive amounts of data. The company said it […]

NEW YORK — IBM said on Monday that it would buy Canadian business intelligence software company Cognos for $5 billion, following a wave of acquisitions in the industry. Investors had expected the deal, which represents a 9.5 percent premium to Cognos’s closing U.S. share price on Friday, after SAP AG’s offer for rival Business Objects […]

Apple fans lined up through the night in Germany and Britain to be among the first in Europe to buy an iPhone, the must-have gadget that is set to shake up the mobile industry. Over 10,000 iPhones were sold by Friday afternoon in Germany, a T-Mobile spokeswoman said, after it went on sale at midnight […]

Sprint Nextel, the No. 3 U.S. mobile service, said on Friday it had ended its WiMAX partnership with Clearwire and was reviewing its plans for the next-generation wireless technology. The news sent Clearwire shares down as much as 28 percent as the small high-speed wireless service provider will now have to spend a lot more […]

The United States must change an Internet gambling law that discriminates against European companies by preventing them from offering services in the U.S. market, the European Union’s top trade official said on Thursday. “What we need to see is a change in U.S. legislation that removes that discrimination against EU operators,” EU Trade Commissioner Peter […]