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AMD Sells 8.1 Percent Stake to Mideast Firm

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... More...

Indian Firm Touts "Alternative Internet"

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... More...

China firm sues Google over name

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... More...

Cisco buys another social-networking firm

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... More...

eDonkey Firm to Pay RIAA $30 Million

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... More...

Symantec to Buy Anti-Spam Firm Brightmail

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,... More...

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