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Palm stockholders have approved a proposal that will let Elevation Partners - a venture capital firm whose principals include former Apple CFO Fred Anderson - invest $325 million in the ailing PDA and smartphone manufacturer....

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The U.S. Securities and Exchange Commission has charged four more former Nortel Networks Corp. executives with accounting fraud, alleging they manipulated reserves to change Nortel's earnings statements on the orders of more senior officers of...

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After fighting one of the US's largest corporate fraud cases, Adelphia Communications founder John Rigas and his son Tim Rigas, the company's former chief financial officer, reported to federal prison in North Carolina today; the...

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Mike Volpi, who previously headed up Cisco's routing business, has been appointed chief executive at online video start-up Joost. He left Cisco in February citing personal reasons after working for 13 years with the networking...

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The UK-based games developer and publisher have announced that Chris Deering, former president of Sony Europe's Consumer Electronics division and CEO of Sony Computer Entertainment Europe (SCEE) as their new non-executive chairman. ...

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Fischbach, Scoroposki, Cousens et al face allegations of corporate malpractice A year after publisher Acclaim declared itself bankrupt, the trustee appointed to wind up the firm has filed a complaint against several...

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Deep Fried Entertainment or DFE is the new kid on the development block. Formed by five former EA Black Box employees they hope to, "capitalise on the creative freedoms and technical innovations that often elude...

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Electronic Arts has hired Philip Holt, formerly head of studio operations at THQ, to oversee the publisher's Florida subsidiary, according to a report in the Orlando Sentinel. Holt will take over as chief operating officer...

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A leading Linux figure, Daniel Robbins, the founder of Gentoo Linux and its former chief architect, has announced that he has accepted a position at Microsoft Corp. In a brief note to the Gentoo Foundation...

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The latest chapter in the often-bizarre saga of technology start-up Infinium Labs has unfolded in the USA, with investment bank SBI-USA filing a lawsuit against the prospective platform holder for fraud and breach of contract....

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In a move to bolster it's media and entertainment division, Yahoo! Inc. has hired Lloyd Braun, a former ABC television programmer. Mr. Braun's primary objective is to convince movie, TV and music companies to distribute...

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Thanks again to DJ^TuRKiYe for this one. Apple Computer has a message for people who reveal product details before the company does: We will sue On Wednesday, the...

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