InternetNews Staff

SUN VALLEY, Idaho (Hollywood Reporter) — Major media executives packed their bathing suits, BlackBerrys and iPods this weekend and headed for their version of summer camp — the annual gathering put together by financier Herb Allen in this exclusive resort. For five days beginning Tuesday, several hundred media mavens of all stripes will sit through […]

Source: Reuters Hardware maker IBM (NYSE: IBM) said on Wednesday it has bought privately held software maker Platform Solutions, and the two companies have dropped their legal complaints against each other. No financial terms were disclosed. In December 2006, IBM sued Platform Solutions, charging that the company, which makes software that can run on IBM’s […]

Source: Reuters Graphics chipmaker nVidia (NASDAQ: NVDA) warned on Wednesday that revenue and gross margin would miss analysts’ estimates due in part to weak demand, sending its shares down 25 percent. It also cited delayed production of a new product and price cuts on some other chips due to a price war. While nVidia’s warning, […]

Canadian fiddler Ashley MacIsaac Source: Reuters A Canadian fiddler who is no stranger to controversy has put half his future music earnings up for sale on eBay (NASDAQ: EBAY), the auction Web site. Ashley MacIsaac, who says he declared personal bankruptcy in 2000, is seeking a minimum bid of C$1.5 million from an investor who […]

Just how many “brains” does your personal computer need, anyway? Not that buying a PC was ever as easy as, say, buying a toaster or an electric toothbrush, but the companies that make the electronic brains, or microprocessors, for PCs today have managed to make it even more complicated. It used to be that Intel […]

Source: Reuters An online network formed by professional TV and film scribes during the Hollywood writers’ strike earlier this year unveiled a slate Wednesday featuring contributions from the minds behind the likes of “The Office” and “Die Hard.” Strike.tv plans to launch this summer with more than 40 short-form programs, including comedies, dramas and a […]

Microsoft (NASDAQ: MSFT) is preparing a new bid for Yahoo’s (NASDAQ: YHOO) search business and has approached other media companies about joining it in a deal that would effectively lead to Yahoo’s breakup, The Wall Street Journal said. Microsoft has already held talks with Time Warner (NYSE: TWX) and News Corp. (NYSE: NWS), among others, […]

The U.S. Justice Department is seeking documents from Google and Yahoo as part of its formal antitrust investigation into the two search leaders’ advertising revenue-sharing deal, the Washington Post reported on Wednesday. InternetNews.com reported last month that a week after the two companies announced the deal on June 12, the Justice Department had begun an […]

Source: Microsoft Microsoft (NASDAQ: MSFT) plans to introduce a new way to sell its Office software suite on Wednesday, offering customers a subscription model instead of the traditional one-time license fee. Starting in mid-July, the company will offer U.S. consumers Microsoft Equipt, which comes packaged with the latest version of Office, Windows Live online services […]

U.S. consumers who want the new iPhone but cannot or do not want to sign up for a two-year contract with AT&T (NYSE: T) will eventually be able to buy it for an extra $400. Apple (NASDAQ: AAPL) has said the new iPhone 3G will go on sale July 11 at $199 for the model […]

Source: Reuters A major Hollywood studio and online search engine Google (NASDAQ: GOOG) unveiled separate moves on Monday to put movie and TV-like content on the Web, highlighting the way in which both see the Internet as critical to reaching customers. Sony Pictures Entertainment, a unit of Sony Corp. (NYSE: SNE), said it plans to […]

The world’s top mobile phone maker Nokia (NYSE: NOK) signed a deal with Warner Music Group to make Warner titles available through its Comes With Music service and online music store, Nokia said on Tuesday. With the launch of Comes With Music, Nokia is the first mobile handset maker to push heavily into content. Unlike […]