Microsoft showed the green signal to Adobe's Flash Lite technology by licensing it for Windows Mobile. Despite of being in competition (technology-wise) Microsoft agreed to feature Adobe’s Flash Lite along with together with Adobe Reader LE software for viewing Portable Document Formats (PDF), alongside its own Silverlight on Windows Mobile.
“Spam King” Robert Alan Soloway on Friday pleaded guilty to electronic mail fraud, wir fraud and tax evasion, and may face 26-year jail sentence. Soloway, 28, was arrested on criminal charges brought by the U.S. Department of Justice in May 2007.
Microsoft on Friday announced its plan to acquire an online advertising management company, Rapt Inc., for an undisclosed amount. The move indicates software giant’s latest effort to make its foray into the highly profitable Internet advertising world.
Lawrenceville Ga. -- Scientific Atlanta is now known as the Cisco Service Provider Technology Group, a report said Saturday.
The name change comes as Cisco Systems Inc., which owns SA, brings the Lawrenceville, Ga.-based maker of cable television converter boxes closer to its parent company, The Atlanta Journal Constitution reported.
The newspaper said Jim McDonald, SA's chief executive officer since 1993, will now serve as an advisor to Tony Bates, the senior vice president and general manager of the service-provider group.
Cisco bought Scientific Atlanta in 2006 for nearly $7 billion.
"Cisco took its time in making changes," company spokeswoman Peggy Ballard said. "They didn't just want to come in and change to a model where we wouldn't have success."
Sunnyvale, Calif. -- Yahoo! Inc. maybe running out of options in its attempt to prevent a hostile takeover by Microsoft Corp., industry analysts said Friday.
The two companies have held informal talks, CNet News.com reported, but neither company has confirmed what was discussed.
Microsoft offered to buy Yahoo! six weeks ago for $44.6 billion. Since then, Yahoo!, which rejected the offer, has pursued deals with other companies, including Google and AOL. But none of the negotiations have come to fruition.
Furthermore, Yahoo! can "all but rule out performance improvement as a viable alternative to match the value of Microsoft's bid," Sanford C. Bernstein and Co. analyst Jeffery Lindsay wrote recently.
Lindsay said Yahoo!'s next quarterly financial report would be "mediocre," the Seattle Post-Intelligencer reported. He also said a deal with another company included "near insurmountable" difficulties.
America Online (AOL) confirmed on Thursday, that it will acquire social-networking site Bebo Inc. for $850 million, in a move that will help the company expand its presence in the rapidly growing online advertising.
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