InternetNews Staff

SAN FRANCISCO — A Michigan woman who advertised online for a hitman to kill her lover’s wife pleaded guilty to the murder-for-hire scheme, prosecutors said on Friday. Anne Marie Linscott, 49, faces 10 years in prison for each of three federal charges, including intent to commit murder, the U.S. Attorneys for the Western District of […]

Source: Reuters TAIPEI — Intel (NASDAQ: INTC) said on Monday it will invest $500 million in Taiwan over the next five years, with a large amount of the investment targeted at the island’s WiMAX sector. The chip giant said there are still technical challenges that need to be solved for the new super-high-speed wireless standard, […]

EU states agreed on Friday on tight laws against incitement to terrorism in order to clamp down on militant groups’ use of the Internet. European justice and interior ministers also agreed in Luxembourg on an action plan to try to stop groups getting explosives. Police say the Internet has taken on huge importance for militants, […]

Green may be the new black, but many U.S. consumers are not recycling old electronic gadgets despite promises by multiple organizations for hassle-free ways to get rid of electronic waste. Putting computers, televisions or cell phones in the trash is increasingly frowned on, and states like Massachusetts ban discarding many electronics in garbage cans. As […]

Source: Reuters AT&T (NYSE: T) said on Friday it would cut its workforce by 1.5 percent, or 4,600 jobs, as it faces rising costs for deploying new, high-speed Internet and video services and declining traditional phone sales. The reductions will primarily hit management-level employees, resulting in a first-quarter pretax charge of $374 million. The biggest […]

Advanced Micro Devices posted its sixth-consecutive quarterly net loss on Thursday, as the chipmaker continued to lose market share to far larger rival Intel. AMD (NYSE: AMD), which lost market share to Intel (NASDAQ: INTC) last year as its chip-making technology lagged that of its larger rival, said its first-quarter net loss actually narrowed to […]

Japan’s Hitachi (NYSE: HIT) has dropped plans to sell a stake in its troubled computer disk drive business and aims to turn the business around by going after market share and cutting costs, the head of the unit said on Thursday. Hitachi’s determination to go it alone comes two days after Seagate Technology’s (NYSE: STX) […]

Yahoo (NASDAQ: YHOO) is looking to turn over Web search advertising to Google (NASDAQ: GOOG) following a successful test using Google’s service to deliver ads alongside its Web search results, The Wall Street Journal reported on Wednesday, citing unnamed sources. Spokesmen for Google and Yahoo declined to comment. The possible partnership with Google would be […]

International experts called on Wednesday for greater cooperation to fight threats to computer networks but they differed on the definition of cyberterrorism, with a top British security official describing it as a “myth”. Estonian defense ministry official Christian-Marc Liflander said sustained electronic attacks on his country last year came both from crude hackers and from […]

Two consumer groups asked the Federal Trade Commission (FTC) on Tuesday to create a “do not track list” that would allow computer users to bar advertisers from collecting information about them. The Consumer Federation of America and the Consumers Union also urged the FTC to bar collection of health information and other sensitive data by […]

Source: Reuters eBay (NASDAQ: EBAY) is pulling out of “live auctions,” where members join in real-world auction-house bidding, in the latest in a series of moves to restructure its online auctions business, the company said on Tuesday. The online auction leaders said it plans to shut down the eBay Live Auctions business as of Dec. […]

HELSINKI — A number of the world’s largest technology companies agreed to commit to a licensing framework for their patents for the emerging mobile network technology known as Long Term Evolution (LTE). The companies, which include the world’s largest cellphone maker Nokia and top mobile network gear maker Ericsson, said on Monday they were aiming […]