InternetNews Staff

Google’s YouTube video-sharing site has signed content deals with several Hollywood studios, two sources familiar with the matter told Reuters on Thursday. The two sources said on condition of anonymity that the studio deal involved Sony and other parties. The move underscores Google’s efforts to ramp up content on YouTube to attract more advertising dollars. […]

eBay offered to buy South Korean online retailer Gmarket for up to $1.2 billion, making it the leader in the world’s sixth-largest e-commerce market. The U.S. online auctioneer said it already secured 67 percent of Gmarket (NASDAQ: GMKT), as top shareholders including Yahoo and Interpark agreed to eBay’s (NASDAQ: EBAY) cash tender offer. Interpark, a […]

Yahoo is preparing to lay off several hundred workers in the first round of cuts since Carol Bartz became chief executive in January, a source with knowledge of the situation told Reuters. The layoffs could be announced next Tuesday, when Yahoo (NASDAQ: YHOO) reports its first-quarter financial results, according to the source, who wished to […]

A proposed buyout of eBay’s Skype led by private equity, including Warburg Pincus and Kohlberg Kravis Roberts, and the Web telephone company’s co-founders is unlikely to be completed, the Wall Street Journal cited sources as saying on its blog on Monday. The founders of the service, which eBay (NASDAQ: EBAY) bought in 2005 for $2.6 […]

NetSuite has developed programs targeted at large corporations, a person familiar with the strategy said, in an effort to move the software maker beyond the small- to midsized business market. The person, who requested anonymity since the products have not been announced, said NetSuite (NYSE: N) wants to sell the software to divisions of large […]

The founders of Voice over IP (VoIP) service Skype, currently owned by eBay, are interested in bidding for the company they sold some four years ago, according to a media report. Co-founders Niklas Zennstrom and Janus Friis have contacted several private equity firms in order to make a bid for the company, the New York […]

Photo Sources: Reuters More than three months into a medical leave from Apple, CEO Steve Jobs remains closely involved in key aspects of running the company, the Wall Street Journal reported Saturday, citing people familiar with the matter. Chief Operating Officer Tim Cook runs the day-to-day operations, but Jobs has continued to work on the company’s […]

PARIS — France’s parliament rejected a bill on Thursday that proposed disconnecting Internet users if they download music or films illegally, with the ruling UMP party failing to turn out in force to approve the law. Backed by President Nicolas Sarkozy’s government, the legislation was meant to quell the flow of free songs and films […]

Banks and mobile phone companies have a long way to go to persuade U.S. consumers to use their phones for banking, as many worry about security and extra fees and others are not even aware they can. In a survey of about 500 U.S. consumers, accounting firm KPMG found that only about 9 percent had […]

Cyberspies have penetrated the U.S. electrical grid and left behind software programs that could be used to disrupt the system, the Wall Street Journal reported on Wednesday. The spies came from China, Russia and other countries, and were believed to be on a mission to navigate the U.S. electrical system and its controls, the newspaper […]

Sun Microsystems said it stands by its leadership team, led by CEO Jonathan Schwartz, a day after the collapse of talks to sell the high-end server maker to IBM. Sun (NASDAQ: JAVA) issued the statement on Monday amid speculation that Schwartz could be replaced by Chairman and Co-founder Scott McNealy after deal negotiations with IBM […]

Yahoo is partnering with other online music providers as the Internet giant tries a fresh approach to getting an edge in the evolving digital music business. The new version of Yahoo Music, unveiled on Monday, aggregates paid and free music services available on the Internet, allowing Yahoo (NASDAQ: YHOO) users to access and interact with […]