The European Commission fined Microsoft a massive ?899 million (US$1.3 billion) for continued failure to honor the 2004 antitrust ruling against it, Commissioner for Competition Neelie Kroes said Wednesday.

Microsoft said its US$44.6 billion offer to purchase Yahoo is "fair" and hinted that it may pursue a hostile takeover of the Internet company, according to a statement Microsoft made Monday in response to Yahoo's formal rejection of its buyout offer.

Sun Microsystems will pay US$1 billion for Swedish software company MySQL, whose open-source database is used for some of the most widely visited Web sites in the world.

Oracle has agreed to buy BEA Systems for about US$8.5 billion, the companies announced Wednesday.

IBM on Monday said fourth-quarter revenue, aided by exchange rates and sales outside the U.S., stood at US$28.9 billion, an increase of 10 percent over the same period in 2006.

Nintendo DS was the top selling system last month shifting an impressive 1.5 million units according to NPD. Wii followed with its best month ever selling a hefty 981,000 units, despite shortages. Saying it's good times at Kyoto headquarters is an understatement.

Az Alexandriai Nagykönyvtár az ismert világ tudáskincsének javával rendelkezett. Ezt a célt tűzte ki a Million Book Project is.

Platinum Equity LLC will acquire Covad Communications Corp. for about US$304 million, making the communications services company the latest technology company to sell to a private equity firm.

Mozilla Corp. will walk away from Google Inc. and the millions it collects from the search company each year, if that's what it takes to stay independent, the open-source developer's CEO promised yesterday.

Facebook Inc. will sell a US$240 million minority stake to Microsoft Corp., which as part of the deal will also expand the advertising services it provides to the social networking phenom, the companies said Wednesday in a statement.

Sony Corp. has begun production of flat-panel televisions at a new Ľ11 billion (US$93.6 million) plant in Slovakia as demand for thin TVs is increasing in Europe.

According to Microsoft, Xbox 360 sales have more than doubled since Halo 3's release on September 25. Additionally, the game attracted almost three million players to Xbox Live.

In a move to jump-start growth in the business intelligence arena, SAP AG will acquire Business Objects SA for about ?4.8 billion (US$6.78 billion).

Technology executives dominated the top 10 of Forbes magazine's list of 400 richest Americans this year, with Microsoft Corp. co-founder and Chairman Bill Gates retaining his place at the top of the annual list for the 14th time. According to Forbes, Gates is worth US$59 billion.

Acer Inc. plans to acquire Gateway Inc. in a deal worth US$710 million that Acer says will make it the world's third-largest PC vendor.

Imagine creating and managing a datacenter that handles 241 million registered users and sells a car a minute, an auto part every second, and a piece of diamond jewelry every two minutes.

Microsoft Thursday moved to counter criticism about the uptake of Windows Vista by announcing it now has shipped 60 million copies of the operating system.

A government audit of four U.S. Department of Veterans Affairs (VA) centers found US$6.4 million worth of missing or misplaced IT equipment, according to a report released Tuesday.

Intel Corp. said Monday it plans to buy a US$218.5 million stake in the software firm VMware Inc., bolstering the companies' existing agreement to run VMware's virtualization software on Intel's processors.

Microsoft Corp. expects to take an earnings charge of over US$1 billion for the quarter that ended in June related to expenses it will incur fixing faulty Xbox 360 machines.