InternetNews Staff

SAN FRANCISCO — Yahoo on Saturday rejected a proposal to sell its search business to Microsoft Corp and hand over the remainder of the company to activist investor Carl Icahn. Yahoo said in a statement it received the joint proposal from Microsoft and Icahn on Friday evening and was given less than 24 hours to […]

A former Hewlett Packard vice president pleaded guilty to stealing trade secrets while he worked for IBM and admitted sharing the data with Hewlett Packard, the Justice Department said on Friday. Atul Malhotra, of Santa Barbara, Calif., pleaded guilty in San Jose, Calif. federal court to one count of theft of trade secrets and faces […]

News Corp. chief Rupert Murdoch Source: Reuters Rupert Murdoch, News Corp.’s chairman and CEO, said it was “very unlikely” his company would be involved in any Yahoo (NASDAQ: YHOO) transaction and said Yahoo and Microsoft (NASDAQ: MSFT) would not end up with any deal. Asked whether he thought Yahoo would end up in Microsoft Corp.’s […]

Source: Reuters Apple’s new iPhone made its hotly awaited debut on Friday, with buyers storming stores in Asia and queues forming in Europe and the United States. Sales of the device, which combines a music and video player, mobile phone and Web browser, kicked off in New Zealand, where a 22-year-old student became its first […]

The U.S. Justice Department has decided not to file charges against Apple leader Steve Jobs and other current or former executives in a probe of backdated employee stock options, lawyers for the people targeted in the investigation said on Wednesday. Apple, the fast-growing consumer electronics company, is one of more than 200 mostly high-tech companies […]

NEW YORK — The new iPhone is expected to attract hordes of buyers when it goes on sale on Friday in more than 20 countries, helping Apple (NASDAQ: AAPL) handily beat its target to sell 10 million of them by the end of 2008. The much-anticipated smartphone has faster Web links than the first iPhone, […]

Source: Reuters Google on Tuesday launched a three-dimensional virtual experience Web site to match popular virtual world Second Life. The service, called “Lively,” uses real-time virtual world characters known as avatars and three-dimensional graphics to congregate in virtual rooms. Linden Lab’s Second Life, launched five years ago, was the first online community with its own […]

Source: Reuters Japanese consumer electronics maker Pioneer said on Tuesday it plans to launch Blu-ray DVD recorders by the end of the year, taking aim at a rapidly growing market after the end of a bitter format battle. The company is developing Blu-ray recorders with help from Sharp, Pioneer’s top shareholder with a 14 percent […]

Business software maker VMware (NYSE: VMW) said on Tuesday it replaced its chief executive and cut its 2008 revenue growth forecast, sending its shares tumbling 25 percent. The company, majority owned by storage equipment maker EMC (NYSE: EMC), said company founder Diane Greene has been succeeded as president and CEO by former Microsoft (NASDAQ: MSFT) […]

Today Microsoft (NASDAQ: MSFT) announced pricing for its suite of online services targeted at corporate customers and a revenue-sharing plan to encourage other companies to sell the software company’s products. The company plans to charge corporate customers a monthly subscription of $15 per user for a suite of “hosted” software, which includes e-mail, Web meeting, […]

Microsoft on Monday said it would be willing to reopen talks to buy all or part of Yahoo, but only if a new Yahoo board is elected, a major boost for investor Carl Icahn’s board slate. Microsoft, which broke off talks in early May to buy the Internet company for $47.5 billion, said it would […]

BRUSSELS — Microsoft has told a European Union court that an antitrust fine of 899 million euros ($1.4 billion) against it is both excessive and disproportionate, the EU’s Court of First Instance said on Monday. On Feb. 27, the EU’s European Commission imposed a fine after finding that Microsoft (NASDAQ: MSFT) used high prices to […]