AMD Sells 8.1 Percent Stake to Mideast Firm

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The Abu Dhabi government's investment arm paid $622 million for an 8.1% stake in Advanced Micro Devices Incorporated. A unit of Mubadala Development Company received 49 million newly-issued AMD shares at a closing price of...

Indian Firm Touts "Alternative Internet"

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Indian technology firm NetAlter Software has unveiled details of what it claims is a virus and spam-free "internet alternative". According to the company, it has patented a "true P2P" system that offers a domain-less alternative...

Web hosting firm harbours virus

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Internet monitoring firm Websense has claimed that IT management firm EDB is hosting malicious files on its web page. EDB handles web hosting and outsourcing for a variety of industry sectors, including banking. Websense has...

China firm sues Google over name

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A Chinese firm is suing the internet giant Google over its Chinese name, saying it is too much like its own name and is harming its business. Google's Chinese subsidiary has transliterated its name to...

Equity firm targets Virgin Media

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Virgin Media, the UK's leading cable television company, is set to be taken private for more than £5.5bn. Carlyle, one of the world's leading private equity groups, has made a preliminary offer of between...

EA takes stake in China games firm

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Electronic Arts has confirmed that it will pay about $170m for a 15% stake in Chinese online games operator The9, the sole operator in China of what is believed to be the world's most profitable...

Israeli Firm Unveils Portable Hunter/Killer Robot

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As a part of efforts to develop weaponry that could reduce the risks to its forces from hand-to-hand fighting against Palestinian or Lebanese Hezbollah guerrillas, an Israeli defence firm has unveiled the VIPeR. Roughly the...

Cisco buys another social-networking firm

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Cisco Systems bought selected assets of Utah Street Networks, a seven-person San Francisco company founded in 2003, and in this way effectively continues to buy its way into social networking. The San Jose, California-based company...

Mobile firm 3 scraps roaming fees

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Mobile phone network 3 has abolished roaming charges for its UK customers in seven nations including Italy, Australia and the Republic of Ireland. Its users will no longer be charged extra for making or receiving...

Train firm to issue phone tickets

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Train passengers will soon be able to buy tickets on their mobile phone. Chiltern Railways, which operates from London through Buckinghamshire and Oxfordshire to the West Midlands, plans to deliver tickets to mobile phones....

Microsoft Stands Firm On PatchGuard

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Microsoft is still talking with partners who are complaining about how the Redmond, Wash. developer has set up Windows Vista's security, but it won't budge from its decision to lock down access to the kernel,...

File-sharing software firm loses US case

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Another file-sharing software maker has been found guilty of causing copyright infringement. A US judge has said the Morpheus software produced by StreamCast breaks the law. The ruling is another victory for the entertainment industry,...

eDonkey Firm to Pay RIAA $30 Million

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After BearShare, i2Hub, WinMX, and Grokster comes eDonkey. The Recording Industry Association of America has fined MetaMachine, owners of eDonkey, $30 million for "mass copyright infringement". The settlement requires MetaMachine to cease the distribution of...

Microsoft sues German firm over spam

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Microsoft has launched a case against a German man believed to be the linchpin of a spam gang. The software maker's legal complaint was lodged against an unnamed company in the North...

Indian firm unveils low-cost Linux-based PCs

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Indian technology firm Encore Software will soon offer a low-priced Linux-based mobile computer, the company announced on Tuesday. The new machine, called Mobilis, is powered by Intel's XScale PXA255 200/400MHz processor and...

Google buys satellite image firm Keyhole

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Thanks to Mr. Peabody for posting this in the Neowin BPN. Search giant Google said Wednesday that it has acquired Keyhole, a company specializing in Web-based software that allows people to view satellite...

Sasser Worm Author Hired By Computer Security Firm

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Eighteen-year-old Sven Jaschan, the teen accused of creating the Sasser worm that infected millions of computers around the world, has been taken on by the Securepoint computer firm based in Lueneburg, northern Germany. There, he...

Microsoft stands firm on "no DS development" line

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Microsoft has restated that none of its studios are involved in developing games for the Nintendo DS, after members of Rare's Game Boy Advance development team rekindled speculation that they were considering projects for the...

Symantec to Buy Anti-Spam Firm Brightmail

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Security software maker Symantec Corp. announced Wednesday it is acquiring the anti-spam firm Brightmail Inc. in a cash deal valued at about $370 million. Symantec said the acquisition will complement its security products. Unsolicited e-mail,...

Games firm Mythic sues Microsoft over Mythica

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Microsoft faces a law suit from online gaming company Mythic Entertainment over the alleged use of its trademark in Vole game Mythica. Mythic started legal action in mid-November, but after a brief...

Firm Asks Court to Clear Windows 'Pop-Up' Ads

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A federal judge will consider on Monday whether a San Diego company may continue to take advantage of an obscure feature in Windows software to send "pop-up" messages promoting its own software to block such...

EMC to buy software firm for $1.3 billion

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Storage systems maker EMC said Tuesday it will buy Legato Systems in a stock deal valued at $1.3 billion. EMC will purchase Mountain View, Calif.-based Legato for its storage management software. This is...

UK 3G firm loses £150m loan

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Britain's only operational 3G mobile network has been dealt a blow after its partner, Dutch phone firm KPN, turned down a request for a £150m loan. The 3 network, controlled by Hong...

US Customs Raid Boston Software Firm

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Cheers |CEMAN & Fotix The main lobby of software company Ptech Inc. sits locked and empty after a U.S. Customs Service raid on the company's corporate headquarters, December 6, 2002 in...

Russian firm improves game copy protection

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Starforce Technologies will launch v3.0 of Starforce Professional, a CD authentication system, at the ECTS games show in London at the end of this month. The new system will introduce a whole range...

.NET result: Gates gives firm a 'C'

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Thanks to Hypercube and Tonny Phang for the submitting this in. Bill Gates, the head of Microsoft Corp. and one of the world's richest men, gave his company a "C" grade on Wednesday...

Scottish firm busted over illegal software

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Scottish engineering company Norson Services has been fined £12,000 for using unlicensed software following an anonymous tip-off. The company is the latest in a string of high-profile names, including House of Fraser and...

Chinese firm to compete with PS2, Gamecube, Xbox

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A report in the Taiwanese press claims a Chinese company will attack Sony, Nintendo and Microsoft by introducing its own video game consoles. The Economic News quoted the chairman of Sichuan Changhong Electric...

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