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Hoping to expand its customer base while also enhancing the so-called front office services it already provides, Siebel Systems said it will buy e-billing service provider eDocs in a deal worth US$115 million ...

The recent wave of mergers crashed into the e-commerce space today when auction giant eBay said it would acquire Rent.com for US$415 million in cash and stock ...

The Internet Corporation for Assigned Names and Numbers (ICANN) is slated to begin levying a new tax on domain name registrations starting early in 2005 and has already begun to make plans for how to spend what could be a sizeable windfall ...

Merger mania found its way back into the software space today, with security firm Symantec saying it would pay US$13.5 billion to acquire Veritas Software ...

In a deal that further reduces the number of large wireless companies in the U.S. and leaves three heavyweight companies to duke it out, Sprint said today it would buy Nextel Communications for about US$35 billion in stock and cash ...

Undaunted by the failure of the recording industry to convince courts to hold peer-to-peer networks responsible for piracy, the movie industry is taking its own legal action against server operators they say have enabled "hundreds of millions" of copyrighted files to be shared illegally ...

The Internet's governing body has cleared the way for two new top-level domains, one of which is designed to make it easier for users to find information on mobile devices and a second that would be set aside for job postings ...

Gary Winnick, the founder and chairman of Global Crossing, the telecommunications company that became a symbol of late 1990s corporate excess, will not face a civil insider trading charges from the Securities and Exchange Commission (SEC) ...

Reversing a stance its board of directors held fast for 18 months, PeopleSoft today agreed to be acquired by Oracle for US$10.3 billion, clearing the way for a merger that sparked one of the longest and most bitter business battles in the history of the tech industry ...

The number of mobile phone subscribers worldwide has doubled since 2000 to nearly 1.5 billion, with cell phone adoption growing faster than land line telephone service and Internet usage, according to a new report from the United Nations ...

With the impact of the last major merger still rippling through the wireless communications industry, another major combination might be in the works, with No. 3 Sprint and fifth-place Nextel said to be contemplating a combination ...

In what might be an overseas preview of a battle coming soon to U.S. soil with market leader Netflix, Amazon.com has launched a DVD rental service through its United Kingdom Web site ...

Chipmaker Infineon Technologies said it would invest US$1 billion to build a new fabrication plant in Malaysia that will make products aimed at the automotive and industrial industries ...

Ending nearly a week of speculation, IBM has reached an agreement to sell its personal computer business to Chinese PC maker Lenovo for US$1.25 billion in cash, a deal that calls for Big Blue to retain a sizeable stake in the business and for an IBM executive to take over the combined company ...

The health care industry might be next in line for the type of mega-merger that has already rocked the retail and wireless communications sectors, with Johnson & Johnson reportedly mulling a takeover of Guidant in a deal that could be worth more than US$24 billion ...

The health care industry might be next in line for the type of mega-merger that has already rocked the retail and wireless communications sectors, with Johnson & Johnson reportedly mulling a takeover of Guidant in a deal that could be worth more than US$24 billion ...

The health care industry might be next in line for the type of mega-merger that has already rocked the retail and wireless communications sectors, with Johnson & Johnson reportedly mulling a takeover of Guidant in a deal that could be worth more than US$24 billion ...

Leading computer maker Dell said it cut prices on a slew of technology items, from personal computers to servers, a move seen as a competitive thrust aimed at solidifying its growing presence in the enterprise ...

Facing customer unease as another product support lifecycle approaches expiration, Microsoft today said it would extend the timeframe during which it makes custom, paid support available for the server version of Windows NT ...

With the tech industry still buzzing over its apparent decision to sell its PC business, IBM underscored its ongoing transformation by announcing today that it had landed a contract worth nearly US$1 billion to supply Internet-based telephone and data services to British banking giant Lloyds ...