InternetNews Staff

Kevin JohnsonSource: Microsoft U.S. communications equipment maker Juniper Networks named senior Microsoft veteran Kevin Johnson as its new chief executive, saying he will start work in September. Johnson, 47, replaces Scott Kriens, who had led the company for 12 years and will continue as chairman of Juniper’s board, the company said. Known as “KJ,” Johnson […]

Google opened its Web site Knol to the public on Wednesday, allowing people to write about their areas of expertise under their bylines in a twist on the encyclopedia Wikipedia, which allows anonymity. “We are deeply convinced that authorship — knowing who wrote what — helps readers trust the content,” said Cedric DuPont, product manager […]

Apple said it expected fourth-quarter earnings of $1.00 per share and revenue of $7.8 billion, compared with average Wall Street targets of $1.25 earnings per share and $8.3 billion revenue, according to Reuters Estimates. Fiscal third-quarter net income rose to $1.07 billion, or $1.19 per share, from $818.0 million, or 92 cents per share, a […]

Software maker SAP (NYSE: SAP) will phase out the operations of its TomorrowNow unit, the focus of an intellectual property lawsuit lodged by its archrival Oracle (NASDAQ: ORCL). SAP said it would conclude the process before Oct. 31 and is working directly with more than 225 TomorrowNow customers in the transition. “Our goal is to […]

NEW YORK — Yahoo (NASDAQ: YHOO) will appoint activist investor Carl Icahn and two of his nominees to its board, settling a proxy battle and making an immediate transaction with Microsoft Corp (NASDAQ: MSFT) less likely. The settlement, announced on Monday, came just 11 days before Yahoo’s Aug. 1 annual shareholders meeting, at which Icahn […]

Source: Reuters While perennial combatants Yahoo and Microsoft are each showing interest in purchasing Time Warner’s AOL unit, Yahoo may be able to bring other options to bear to expand its business while averting a bidding war. Yahoo’s (NASDAQ: YHOO) management also received a vote of confidence today from a major shareholder, a move that […]

NEW YORK — Borrowers who have lost their homes, thousands of dollars and their good credit ratings can at least have a laugh thanks to real estate agent and Web site creator Lisa LaShawn. LaShawn is taking aim at what she considers predatory lenders responsible for a wave of U.S. home foreclosures with the Web […]

BRUSSELS — European Union antitrust regulators made new accusations against chipmaker Intel on Thursday, saying it paid retailers to not sell PCs using chips made by rival AMD. The “statement of objections” from the European Commission follows 2007 charges against Intel (NASDAQ: INTC) that claimed the world’s biggest microchip producer gave computer makers rebates to […]

Shares in Time Warner (NYSE: TWX) rose 4.7 percent on Wednesday after Reuters reported that talks to sell its AOL Internet unit to Yahoo (NASDAQ: YHOO) or Microsoft (NASDAQ: MSFT) have heated up ahead of Yahoo’s Aug. 1 shareholders meeting. Time Warner shares increased 67 cents to $14.59 on the New York Stock Exchange, while […]