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Moving to further assert its role as a distributor of video on the Web, Google said Monday it had reached an agreement to deliver video clips and shows from Viacom's MTV Networks to users, along with video advertising ...

Apple said it has discovered additional irregularities in the past granting of employee stock options and as a result will likely be forced to restate some past earnings, including those as recent as the second quarter of this year ...

Philips Electronics said Thursday it had reached an agreement to sell a majority stake in its semiconductor business to a group of private equity firms for US$4.4 billion ...

Hoping to boost advertiser confidence in the interactive marketing industry, the Interactive Advertising Bureau (IAB) said it would form a working group to create click fraud prevention guidelines ...

AOL unveiled a bold plan to revitalize itself in the broadband world Wednesday, saying it would offer up virtually all of its Web services for free and all but abandon efforts to attract new subscribers ...

Media giant Time Warner reported a second quarter profit of US$1 billion and said it would attempt to foster advertising revenue growth in its AOL division by offering free services that have long been available only to subscribers ...

In the latest twist to come to the rapidly changing music industry, major label EMI said it would license its entire catalog to peer-to-peer network Mashboxx ...

Verizon Communications said Tuesday that its net profit fell compared to a year ago as it continued to spend to integrate its long-distance acquisition MCI. Meanwhile, revenue grew mainly thanks to expansion in its wireless business ...

Flash memory market leader and music device maker SanDisk said Sunday it would buy rival Msystems in an all-stock deal worth US$1.5 billion ...

Warner Music Group (WMG) and EMI have shelved discussion of a potential merger of the two music labels in the wake of a court ruling on an earlier wave of music industry consolidation ...

Regulators from the European Union are examining the licensing strategies behind the two competing next-generation DVD formats in an attempt to determine whether antitrust issues need to be addressed ...

In its biggest acquisition since the controversial takeover of Compaq nearly five years ago, Hewlett-Packard said Tuesday it would buy Mercury Interactive for US$4.5 billion ...

Signaling its intention to refine its social networking tools and leverage them in its search war with Google and others, Yahoo said Tuesday it had hired a well-known data mining expert to focus on ways to improve social search ...

Yahoo said Tuesday it would join forces with PC security firm Symantec to provide a co-branded Web security service, an offering that mirrors those from other Internet firms ...

As an Arkansas judge considers whether to give his final approval for a settlement in a high-profile suit against Google alleging widespread click fraud, a group of plaintiffs is trying to block the deal, saying the search engine has not done enough to stop the deception ...

Advanced Micro Devices said Monday it had reached an agreement to buy ATI Technologies for US$5.4 billion in stock and cash, a deal that creates a considerably more formidable competitor for chip-making leader Intel ...

Shares of Microsoft were higher Friday after the software giant reported lower earnings -- due in part to its standoff with European antitrust regulators -- and said it would aggressively move to buy back as much as US$40 billion worth of its own stock ...

Google reprised its role as Wall Street darling Thursday, releasing second-quarter earnings that showed strong revenue and profit growth, beating forecast targets and apparently widening the gap between itself and its main rivals ...

Seeking to help quantify the Web's impact on the problem of childhood obesity, the Kaiser Family Foundation (KFF) said in a report issued Wednesday that many top food producers are using the Web to target children with powerful brand messages ...

Online auction and fixed-sales giant eBay reported earnings that largely met expectations and set the outlook higher for the remainder of the year. The company also unveiled plans to raise fees in a bid to further boost revenues ...