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Oracle sued by US for alleged overcharging

IDG News | 2010.06.17 10:31

Oracle is being sued by the U.S. government for allegedly overcharging it by millions of dollars, according to documents on file in U.S. District Court for the Eastern District of Virginia.

Apple sells 2 million iPads in under two months

IDG News | 2010.06.01 10:21

Apple has now sold more than two million iPad tablets, it said Monday, less than two months after the iPad's April 3 U.S. launch.

RIM joint venture to invest $100M in China's mobile industry

IDG News | 2010.05.28 15:36

BlackBerry Partners Fund, which invests in applications for the BlackBerry and other mobile devices, has come together with China Broadband Capital Partners to set up a US$100 million fund, called BlackBerry Partners Fund China, that will invest in mobile Internet and mobile cloud technologies in China.

IBM buys Sterling Commerce from AT&T for $1.4B

IDG News | 2010.05.25 13:55

IBM is buying AT&T subsidiary Sterling Commerce, maker of business-to-business data integration software, for about US $1.4 billion in cash, the companies announced Monday.

Novell to solicit buyout offers this week, report says

IDG News | 2010.05.20 11:06

Novell, which turned down a US$2 billion takeover bid in March, plans to start entertaining offers from other suitors this week, the Wall Street Journal reported on Wednesday.

Symantec to buy VeriSign's authentication business

IDG News | 2010.05.20 11:05

Symantec will pay US$1.28 billion to acquire VeriSign's security business.

SAP bets big on mobile with Sybase acquisition

IDG News | 2010.05.13 08:28

With its US$5.8 billion purchase of Sybase announced Wednesday, SAP is placing a big bet that mobile business applications are the way of the future.

Symantec buys encryption specialist PGP for $300M

IDG News | 2010.04.30 12:56

Symantec will acquire encryption specialist PGP and endpoint security vendor GuardianEdge Technologies for US$300 million and $70 million, respectively, the company said on Thursday.

HP to buy struggling Palm for $1.2 billion

IDG News | 2010.04.29 09:05

Hewlett-Packard plans to buy struggling phone maker Palm for US$1.2 billion.

1.5 million stolen Facebook IDs up for sale

IDG News | 2010.04.23 10:43

A hacker named Kirllos has a rare deal for anyone who wants to spam, steal or scam on Facebook: an unprecedented number of user accounts offered at rock-bottom prices.

IBM Q1 profit jumps 16 percent

IDG News | 2010.04.20 10:41

IBM on Monday reported first-quarter earnings of US$1.97 per share on $22.9 billion in revenue, a rise of 16 percent and 5 percent, respectively, over the same period last year.

HP's Moscow office raided in bribery probe

IDG News | 2010.04.15 11:40

Russian authorities raided HP's Moscow offices Wednesday looking for clues in a multimillion-dollar bribery investigation.

Biz Stone says Twitter has 105 million users

IDG News | 2010.04.15 11:21

Twitter co-founders Biz Stone and Evan Williams shared some long-awaited usage figures for the service and sought to assure developers that Twitter is becoming a stable platform for building applications, as they kicked off the first-ever developer conference in San Francisco Wednesday.

iSoft scores $9.8m deal with UK NHS

IDG News | 2010.03.23 11:35

iSoft has secured a two-year $9.8 million contract extension from the UK's NHS Shared Business Services (NHS SBS).

Novell rejects "inadequate" $2B takeover bid

IDG News | 2010.03.22 11:28

Novell's CEO on Saturday notified customers that the open source software company has rejected hedge fund Elliott Associates' roughly $2 billion bid to take it private.

Microsoft loses $106 million patent verdict to VirnetX

IDG News | 2010.03.17 09:20

A court in Texas has ordered Microsoft to pay communications software maker VirnetX US$105.75 million after a jury found it guilty of willful infringement of two patents belonging to the company.

FCC's broadband plan: $15.5 billion for deployment

IDG News | 2010.03.16 09:57

The U.S. Federal Communications Commission will recommend the deployment of a nationwide free or low-cost wireless broadband network, and it will pour at least US$15.5 billion into broadband deployment across the country over the next 10 years under a national broadband plan to be officially released Tuesday.

Microsoft to spend $9.5 billion on research in 2010

IDG News | 2010.03.08 09:10

The company says it spends more than any other on research and development.

Real settles lawsuits, will stop selling RealDVD

IDG News | 2010.03.04 12:06

RealNetworks will pay the studios $4.5 million and reimburse people who bought the product.

Google closes On2 acquisition for $124.6 million

IDG News | 2010.02.22 15:21

The deal's value was $18 million more than when the acquisition was announced last year.

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