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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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,...

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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...

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