InternetNews Staff

Yahoo President Susan Decker defended the company’s Web search advertising partnership with larger rival Google (NASDAQ: GOOG), saying some investors and industry participants had yet to understand its advantages. In an interview with Reuters on Friday, Decker addressed concerns that the deal would eventually cut into Yahoo’s competitive position against Google, which has steadily grown […]

Microsoft CEO Steve Ballmer Source: Reuters Microsoft’s (NASDAQ: MSFT) CEO said the company will not seek to make a spate of other Internet acquisitions in the wake of its failed bid for Yahoo (NASDAQ: YHOO), the Financial Times reported on Friday. Speculation has emerged that Microsoft could try to buy Facebook, in which it already […]

Source: Reuters A number of senior Yahoo (NASDAQ: YHOO) executives are leaving the Web company as it looks to improve earnings and convince investors it is worth at least as much as a bid it rejected from Microsoft (NASDAQ: MSFT), reports said on Thursday. Yahoo President Sue Decker is also considering a reorganization that would […]

A former Nortel Networks Corp chief executive and two of his lieutenants were charged on Thursday with fraudulently misstating financial results as the telephone equipment maker struggled to right itself after the tech bubble burst in 2001. Aside from ex-CEO Frank Dunn, who faces seven counts, former Chief Financial Officer Douglas Beatty, and Michael Gollogly, […]

Google (NASDAQ: GOOG) and Yahoo (NASDAQ: YHOO) face intense U.S. Justice Department scrutiny of their deal to share some advertising revenue, and the heat will likely increase under a new administration, antitrust experts said. Google, with more than 60 percent of the Web search market, and Yahoo, with 16.6 percent, announced a deal last week […]

Source: Reuters Hewlett-Packard (NYSE: HPQ) will reorganize its printer operations, trimming its five business units to three in a bid to become more efficient, the Wall Street Journal reported on Thursday. The announcement was made in a Webcast to employees on Wednesday by print division chief Vyomesh Joshi, the newspaper reported in its online edition. […]

Gadget lovers at a February “Campus Party” gathering in Sao Paulo, Brazil. Source: Reuters Know someone who loves gadgets and can’t wait to buy the newest model? Chances are you would describe that person as assertive and a strong leader — and possibly arrogant, according to a U.S. research report. An online study evaluating the […]

Financial services firm Morgan Stanley (NYSE: MS) raised its price target on Apple (NASDAQ: AAPL) shares to $210 from $185, saying it expects the company’s iPhone unit sales to double in 2009 at the new $199 price point. “We believe the market generally expects a doubling of iPhone units with the lower price point ($199) […]

Philadelphia revived an effort on Tuesday to provide free citywide wireless Internet access in a project to be run by a new group of investors. The city aims to provide free-of-charge outdoor Web access throughout its 135 square miles, which would be the largest area covered by public Wi-Fi of any U.S. city. The project, […]

WiMAX on a gondola ride in Amsterdam? Source: Reuters A commercial network launched in Amsterdam on Tuesday is the first in Europe to use a mobile version of the WiMAX standard to allow users to surf the Web at high speeds while on the move, operator Worldmax said. The broadband wireless network is aimed at […]

Source: Reuters Sirius Satellite Radio’s planned acquisition of rival XM Satellite Radio Holdings appeared on Monday to draw closer to consummation after a key U.S. regulator expressed support for the 16-month-old deal, driving up both companies’ shares. Federal Communications Commission Chairman Kevin Martin confirmed published reports that he would support the transaction, with the companies […]

Nokia (NYSE: NOK), the world’s top mobile phone maker, unveiled two new models for corporate clients on Monday, revamping its somewhat aging business line. Nokia E66 and E71 Source: Reuters The new sliding model E66, and the E71, with full keyboard, both start shipping in July and will retail for around $538, excluding operator subsidies […]