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    Facebook Ends Beacon Tracking Tool

    Facebook Ends Beacon Tracking Tool
    NEW YORK - Facebook is shutting down its much-maligned Beacon marketing program, launched nearly two years ago amid fanfare only to generate a storm of privacy complaints over the tracking of user activities at partner Web sites. Facebook agreed to end Beacon and create a foundation to promote online privacy, safety and security as part of a $9.5 million settlement in ...
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    Oracle's Larry Ellison Says Sun Losing $100 Million a Month

    Oracle's Larry Ellison Says Sun Losing $100 Million a Month
    Sep. 22 - Declaring that Sun Microsystems is losing $100 million a month, Oracle CEO Larry Ellison expressed frustration Monday over an extended European antitrust review that has delayed his plans to acquire the struggling computer maker. But he also told a Silicon Valley audience that he expects the deal will eventually win approval. "The longer this takes, the more ...
    Rated: +1
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    Netflix Awards $1M prize for New Algorhythm

    Netflix Awards $1M prize for New Algorhythm
    NEW YORK - Netflix Inc. declared a seven-member group of researchers, scientists and engineers from around the world as winners Monday of its three-year, $1 million contest to improve its movie recommendation system by at least 10 percent. It was a close call, but BellKor's Pragmatic Chaos narrowly beat out a rival group called the Ensemble for the Netflix Prize, ...
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    Dell agrees to buy Perot Systems for about $3.9B

    Dell agrees to buy Perot Systems for about $3.9B
    Dell Inc. plans to buy the technology services company Perot Systems Corp. for about $3.9 billion as it tries to expand beyond the PC business and compete more aggressively with Hewlett-Packard Co. -- which also recently bought a tech-services company founded by H. Ross Perot. Dell said it will offer $30 per share in cash for Perot Systems-- a 68 percent ...
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    Google Launches DoubleClick Ad Exchange

    Google Launches DoubleClick Ad Exchange
    Google is about to launch its most potent weapon to date in the battle over the $15 billion market for display ads—the pictorial banners and videos that support most major Web sites. On Sept. 18 the search giant will launch its new DoubleClick advertising exchange, a sort of stock exchange for online ads it has been developing since early last year. ...
    Rated: +1
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    Yahoo CEO Bartz: I Would Have Taken Last Year's Microsoft Offer

    Yahoo CEO Bartz: I Would Have Taken Last Year's Microsoft Offer
    Would Yahoo CEO Carol Bartz have accepted Microsoft's $40 billion-plus takeover offer last year if she had been in charge of the company then? "Sure, do you think I'm stupid?" Bartz said in an interview Thursday on CNBC, the business-news cable channel. Bartz was hired as CEO of the Sunnyvale Internet company in January. The former Autodesk chief executive replaced co-founder ...
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    Google Acquires Carnegie Mellon's Anti-Fraud Tool

    Google Acquires Carnegie Mellon's Anti-Fraud Tool
    PITTSBURGH - Google has acquired a Carnegie Mellon University spin-off that seeks to cut down on spam and fraud at Web sites while digitizing books. ReCAPTCHA offers simple word puzzles that users must solve when registering at a Web site or completing an online purchase. Computers can't decipher the twisted letters and numbers, ensuring that real people and not automated programs ...
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    Skype Founders File Lawsuit Against eBay

    Skype Founders File Lawsuit Against eBay
    SAN FRANCISCO - A company owned by the founders of Skype has filed a copyright infringement suit against the Internet phone service and parent eBay Inc. - an action that could crimp eBay's plans to sell Skype for about $2 billion to a group of private investors. Joltid Ltd., owned by Skype founders Janus Friis and Niklas Zennstrom, filed the suit ...
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    Twitter Raises 50M in Latest Funding Round, Company Valued at $1B

    Twitter Raises 50M in Latest Funding Round, Company Valued at $1B
    Twitter is one of the fastest growing social networking sites online. The Tweets that users send out with 140 character limits have quickly become one of the most popular social networking platforms around. Reuters reports that Twitter is closing a round of funding that puts a value on the company of a whopping $1 billion. The last round of funding that ...
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    Google Offers to Help Newspapers Charge for Stories

    Google Offers to Help Newspapers Charge for Stories
    Google is offering to help newspapers charge for stories online despite a rocky relationship with publishers. The online behemoth is pitching a "micropayment" model that would allow papers to process a series of small payments - as little as a penny - for news and other online content. Google submitted an eight-page proposal to the Newspaper Association of America, which is ...
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    Web Page Loading Time Seen as Increasongly Critical Component of Web Retail Experience

    Web Page Loading Time Seen as Increasongly Critical Component of Web Retail Experience
    Two seconds. That is how long a typical online shopper will wait for a retailer's Web page to load before getting frustrated. In three seconds, 40 percent of shoppers will abandon the shopping site completely, according to a study conducted by Forrester Research Inc. for Akamai Technologies Inc. The findings, slated to be released Monday, come as retailers head into the ...
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    Intuit Buying Personal Finance Web Site Mint.Com for $170M

    Intuit Buying Personal Finance Web Site Mint.Com for $170M
    Sep. 14 - For nearly two years, one of the biggest names in consumer financial software has listened to a steady drumbeat of rave reviews for a new personal finance tracking service offered by online startup Mint.com. Mountain View-based Intuit responded Monday by announcing it will spend $170 million to buy the upstart company and add its fast-growing service to ...
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    YouTube Reportedly in Talks to Offer Online Movie Rentals

    YouTube Reportedly in Talks to Offer Online Movie Rentals
    SAN JOSE, Calif. _ YouTube is in talks with some of the major Hollywood studios about allowing the giant video site to rent movies to consumers. YouTube and the studios are still working out the details of the deal, such as what consumers would pay and how soon after films are released in theaters they would be available on the site. ...
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    Jobs Returns, Announces New iPod Nanos, Discusses Transplant

    Jobs Returns, Announces New iPod Nanos, Discusses Transplant
    SAN FRANCISCO - Apple Inc. CEO Steve Jobs returned to his showman role Wednesday, taking the stage at a product launch event for the first time since his nearly six-month-long medical leave. Jobs, who had a liver transplant this spring, got a standing ovation. Looking thin and speaking quietly and with a scratchy voice, the 54-year-old CEO told the audience he ...
    Rated: +2
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    EBay Sells Part of Skype for $2B

    EBay Sells Part of Skype for $2B
    NEW YORK - EBay Inc. is trading control of the online telecommunications service Skype for about $2 billion, reversing a 2005 acquisition that many analysts considered a head scratcher from the beginning. The company famous for its online marketplace said Tuesday it is selling a 65 percent stake in the business to a group of private investment funds for $1.9 billion ...
    Rated: +3
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    Facebook Finds a Friend in Google Rivalry

    Facebook Finds a Friend in Google Rivalry
    After failing to acquire Twitter last fall, Facebook went shopping for what may be the next best thing. On Aug. 10, Facebook said it had acquired FriendFeed, the Mountain View (Calif.) social aggregation service founded by Google (GOOG) alumni Bret Taylor and Jim Norris in 2008. The deal, which The Wall Street Journal reported to be valued at nearly $50 million ...
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    Google CEO Eric Schmidt Leaves Apple Board of Directors

    Google CEO Eric Schmidt Leaves Apple Board of Directors
    It was only a matter of time, but Google's Eric Schmidt has finally stepped down from his position on Apple's Board of Directors. Apple CEO Steve Jobs released a statement on Apple's press site describing the matter: Eric has been an excellent Board member for Apple, investing his valuable time, talent, passion and wisdom to help make Apple successful. Unfortunately, as ...
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    Under Investigation AT&T Blames Apple for Google Voice Rejection

    Under Investigation AT&T Blames Apple for Google Voice Rejection
    AT&T has no qualms about blaming partner Apple for app rejections Under investigation by the Federal Communications Commission, AT&T has passed the blame for the Google Voice application rejection on to partner Apple. According to AT&T's spokesperson, "AT&T does not manage or approve applications for the App Store. We have received the letter and will, of course, respond to it." The ...
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    Microsoft-Yahoo: Antitrust Hurdles Loom

    Microsoft-Yahoo: Antitrust Hurdles Loom
    The weak Web search-ad companies want to team up against No. 1 Google, but regulatory tradition and practice have long blocked such deals Don't expect the Microsoft-Yahoo search deal to sail through a regulatory review. Sure, it's tempting to think Justice Dept. officials won't quibble much over a deal aimed at helping two struggling companies get a leg up against a ...
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    Microsoft-Yahoo: A Rival for Google?

    Microsoft-Yahoo: A Rival for Google?
    So Microsoft (MSFT) got its wish. Thanks to a long-awaited deal with Yahoo! (YHOO), the software giant is poised to become the clear No. 2 in the most lucrative Internet market of them all: search. Under the agreement, Yahoo will use Microsoft technology to respond to searches made on Yahoo sites and to serve up the ads that appear alongside the ...
    Rated: -1