InternetNews Staff

The House Energy and Commerce Committee backed including about $3 billion in grants to expand Internet service as part of a larger economic stimulus bill, including a provision requiring “open access” in wireless service and on the Internet. The Democratically-controlled committee on Thursday cleared the provisions aimed at expanding high-speed Internet and wireless service in […]

HELSINKI — Top cell phone maker Nokia reported a worse-than-expected dive in fourth-quarter profit, and warned market volumes would shrink 10 percent this year as the economic slowdown hits consumer spending. Analysts had forecast an 8-percent fall in the handset market in 2009, and only last month Nokia’s (NYSE: NOK) own view was that it […]

Obama reattaches his BlackBerry while playing golf last year in Hawaii. Source: Reuters President Obama, who worried after winning office that he would have to part with his BlackBerry because of security concerns, will get to keep the addictive e-mail device after all. “The president has a BlackBerry through a compromise that allows him to stay […]

Microsoft shocked Wall Street on Thursday with disappointing results and said it would slash up to 5,000 jobs and stop offering profit forecasts for the rest of the fiscal year. The world’s top software maker blamed the weakness of the PC market and the popularity of low-cost netbook computers for the miss. Its shares fell […]

WASHINGTON — The U.S. Supreme Court let stand on Wednesday a ruling that a federal law designed to keep Internet pornography away from children violated constitutional free-speech rights. The high court rejected a Justice Department appeal defending the law and handed a victory to those who argued that the efforts of Congress to regulate cyberspace […]

U.S. regulators are examining Apple’s (NASDAQ: AAPL) disclosures about Chief Executive Officer Steve Jobs’ health problems to ensure investors were not misled, Bloomberg said, citing a person familiar with the matter. The U.S. Securities and Exchange Commission’s review does not mean investigators have seen evidence of wrongdoing, the person told Bloomberg. The person declined to […]

Google Inc will kill a program to sell newspaper advertising because it is not making enough money, a blow to its efforts to expand its ad expertise beyond the Internet. Google will shut the Print Ads program on February 28, the company said on its blog on Tuesday afternoon. The two-year-old service was designed to […]

SAN FRANCISCO — Pancreatic cancer experts say they are puzzled by what is ailing Apple (NASDAQ: AAPL) Chief Executive Steve Jobs, because it is not clear how serious his health problems are or how directly they relate to his bout with cancer. Two weeks ago, Jobs said he had an easily treatable “hormonal imbalance” that […]

Advanced Micro Devices Inc will eliminate 1,100 jobs, cut salaries and take a new $622 million charge for its acquisition of graphics chip maker ATI, bringing total writeoffs for the deal to $3.17 billion. AMD, which trails Intel Corp in the computer chip market, said the salary decreases range from 20 percent for its two […]

LOS ANGELES — Apple probably will be sued by investors unhappy with the company’s about-face on the health of its visionary chief executive, but the law is not clear on what duty the company has to disclose personal medical information, legal experts said on Wednesday. Apple (NASDAQ: AAPL) said CEO Steve Jobs, 53, will take […]

Carol BartzSource: Autodesk Yahoo plans to name former Autodesk CEO Carol Bartz as the Internet network’s next chief executive, The Wall Street Journal reported on its Web site on Tuesday, citing sources familiar with the situation. The offer would end Yahoo’s (NASDAQ: YHOO) two-month search for a chief executive to succeed co-founder Jerry Yang, who […]

Julius GenachowskiSource: Launchbox Digital U.S. President-elect Barack Obama has selected Julius Genachowski, a technology executive and former classmate from Harvard Law School, to lead the Federal Communications Commission, a Democratic source said on Monday. Genachowski served as chief counsel for former FCC Chairman Reed Hundt, the chairman under former President Bill Clinton, and held various […]