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Business News


Google Acquires San Francisco IT Company
February 10, 2010

Online search giant Google has announced acquisition of Aardvark, a San Francisco startup company after an agreement was signed by Damon Horowitz, Aadvark’s co-founder and chief technology officer and Google representatives.


Samsung, Sharp Agrees to Drop Patent Infringement over LCD
February 8, 2010

Technology giants Sharp Corp. and Samsung Electronics Co. are set to drop all patent infringement lawsuits against each other after both companies have come up with a cross-licensing agreement.


Motorola Charges RIM with Patent Infringement Complaint
January 25, 2010

Mobile phone maker Motorola on Monday has filed a patent infringement complaint before the US International Trade Commission (ITC) to ban BlackBerry maker Research in Motion (RIM) from selling the allegedly infringed patents.


Justice Department Upholds $675K Verdict Against File-sharer
January 20, 2010

After a federal court ordered a student to pay $675,000 in damages for illegally downloading 30 songs from the Internet, the US Justice Department on Tuesday said the decision can be “effective in deterring millions of users from infringing the copyrights of record companies.”


USPTO Issues Patent for BigString Technology
December 15, 2009

The US Patent and Trademark Office (USPTO) has given BigString Corporation a patent issue notification, the company announced the other day. The patent was for their Universal, Recallable, Erasable, Secure and Timed Delivery.


Ebay Sets Up Jobs and Project in Utah
December 9, 2009

CUS Federal District Judge Cormac J. Corney has dismissed the guilty plea by Broadcom executive Henry Samueli who was accused of lying during the investigations of the stock options backdating.


Broadcom Executive's Guilty Plea in Stock Options Fraud Probe Dismissed
December 9, 2009

California-based online auction website Ebay plans to create 450 more jobs at its new project base in Draper, Utah. The company said the plan would include a new $334 million fund for its operations, customer support, and data center.


Appellate Court Overturns Decision Asking Microsoft to Pay $358 Million Damage
September 11, 2009

In a remarkable turn of event, a US court of appeals overturned a decision asking technology giant Microsoft to pay French communication device-maker Alcatel-Lucent with $358 million damages over a patent dispute.