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Fraud consulting service launched by Symantec

May 19th, 2008 by Kiyani

Symantec has launched Online Fraud Protection, a B2B program comprising services, education and ongoing monitoring and management capabilities to protect businesses from various online threats, including phishing and pharming.

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Microsoft Yahoo talking again

May 19th, 2008 by Kiyani

Well, like people say “never say never”, Microsoft has sent another proposal to Yahoo for possible acquisition. This time it would not involve the acquisition of all of Yahoo’s assets although Microsoft said it “reserves the right”‘ to reconsider its bid to acquire all of Yahoo.

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Yahoo Chairman replies to Carl Icahn in an open letter

May 15th, 2008 by Kiyani

Following is the full text of Yahoo Chairman Roy Bostock’s reply to Carl Icahn. To read Carl Icahn’s original letter that was sent to Yahoo click here.

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Carl Icahn’s open letter to Yahoo on proxy

May 15th, 2008 by Kiyani

Following is the full text of Carl Icahn’s letter to Yahoo’s Board of Directors on “proxy” issue. This letter was sent to Yahoo today along with the attached biographies of ten nominees for the Yahoo! board. To read Yahoo Chairman Roy Bostock’s reply click here.

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Court orders Nintendo to pay $21 million for patent infringement

May 15th, 2008 by Kiyani

A federal court has ordered Nintendo of America to pay $21 million in fine to Anascape Ltd. for patent infringement related to the Wii and GameCube video game hardware. The Anascape Ltd. filed lawsuit in 2006 claiming that Nintendo’s use of analog technology in their remote game controllers constitutes a violation of their patents. Microsoft [...]

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IBM showcases small supercomputer for organizations

May 14th, 2008 by Kiyani

IBM has announced that it will release QS22 BladeCenter server powered by a Cell processor next month. It’s like a small supercomputer and is aimed at enterprise level organizations. This will be the first initiative by any company to offer small supercomputer to organizations.

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Billionaire investor to run Yahoo proxy for Microsoft

May 14th, 2008 by Kiyani

Billionaire investor Carl Icahn, a veteran of numerous proxy battles is thinking of mounting a proxy campaign to replace Yahoo Inc board members, according to a reliable source. He wants both companies to come back to the negotiation table after Microsoft walked away from Yahoo a few days ago.

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HP to buy EDS for $13.9 billion

May 13th, 2008 by Kiyani

Hewlett-Packard has confirmed of buying outsourcing giant Electronic Data Systems for $25 per share. This works out to around $13.9 billion. The deal has been signed off and now it is pending before government regulators and EDS shareholders for approval. Rumours of the deal surfaced yesterday, and HP has confirmed that the purchase was unanimously [...]

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Possible Google-Yahoo merger under fire

May 13th, 2008 by Kiyani

About a month ago Google and Yahoo announced advertising deal but there is a possibility that the two companies might take the next step by going for a merger. After the forbidden Microsoft-Yahoo deal, Google-Yahoo deal is already under scrutiny and is sure to draw the attention of various anti trust regulators. Consumer groups are [...]

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Pakistan and India in top 9 among IP violaters: US report

May 12th, 2008 by Kiyani

According to an annual report issued by the Office of the United States Trade Representative (USTR) on Intellectual Property (IP) rights violation, Pakistan and India are in top nine. Other countries in top nine include China, Russia, Argentina, Chile, Israel, Thailand and Venezuela.

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