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Continuing to refine its business in a changing marketplace, IBM has announced it will sell rights to its PowerPC microprocessors to San Diego, California-based Applied Micro Circuits for US$227 million. The all-cash deal includes intellectual-property licenses as well as the rights to the IBM PowerPC 400 product line. Separately, the company announced an acquisition in the services sector.

Microsoft has settled a long-simmering patent-infringement complaint with InterTrust Technology, agreeing to pay US$440 million to license all of the firm's digital rights management (DRM) technology. ...

In a bid to lure IBM mainframe customers, Microsoft said it would work with Micro Focus International to promote the migration of applications from mainframes to Windows servers ...

Several peer-to-peer (P2P) networks, including Kazaa and eDonkey, are bracing for an anticipated attack by the latest variant of the Netsky-Q worm, the latest example of virus writers taking direct aim at specific companies and Web sites. ...

Taking another step into the outsourcing fray, IBM has agreed to purchase an India-based business processing company that handles back-office support and call centers for several U.S. firms, including Amazon.com ...

Adding another chapter to the epic debate over the relative value of the open-source Linux operating system, the Yankee Group has released a report stating that switching from Windows to Linux can be up to four times as costly and take three times as long as upgrading from one version of Windows to another. ...

Aiming to avoid a possible showdown with law-enforcement officials, Yahoo and Google, the two largest search engines -- and online-advertising generators -- have said they will stop taking advertisements in the United States from gambling casinos and related companies. ...

Gateway has said it will close all of its remaining retail stores, putting some 2,500 people out of work and driving the final nail into the coffin of an ambitious but failed approach to selling computers ...

Greg Stanger knows how difficult it can be to take a company public, even in the best of times. A former Microsoft employee, Stanger became CFO of Expedia when the travel site was spun off and taken public in 1999 ...

The pesky Netsky worm dogged Web computers during the month of March, accounting for 60 percent of all malicious e-mail tracked by antivirus firm Sophos ...

Google has confirmed to the E-Commerce Times that its newly announced Web mail service is not an April Fool's hoax, despite Thursday morning speculation ...

In what may -- or may not -- be its most ambitious foray beyond its core search business to date, Google has announced it will launch a free e-mail service called Gmail. ...

The state of Ohio is suing software maker PeopleSoft, seeking up to US$510 million in damages and costs because of what it calls a faulty installation of the company's enterprise resource planning (ERP) applications at Cleveland State University. ...

More than 100,000 technology jobs have been outsourced from the United States to overseas workers, a trend that will continue for several more years but is actually good for the U.S. economy, a new report from the Information Technology Association of America (ITAA) argues ...

Dell and Intel have been hit with a patent infringement lawsuit that claims the two companies pilfered graphic display technology developed by a small California company to create entire families of processors and computers. ...

In a move that highlights the convergence of Web search and online shopping, Yahoo has announced plans to buy European comparison-shopping site Kelkoo for about US$575 million in cash ...

After spending years in sell-off mode, Internet-era darling CMGI has returned to bullish acquisition mode, saying it will pay a combination of cash and stock worth approximately $230 million to acquire supply chain management firm Modus Media. ...

In an agreement billed as one of the largest-ever Internet-only content deals, Microsoft has won the right to offer streaming audio and video of Major League Baseball games through its MSN service ...

The European Union has issued a scathing denouncement of Microsoft's business practices, levied a record fine of just under US$612 million and ordered a stripped-down version of Windows to be made available within 90 days ...

Setting the stage for what likely will be a lengthy court battle, member states of the European Union have backed a plan to slap a record fine of more than US$600 million on Microsoft for alleged antitrust violations in the personal computer market ...