At least 7,000 jobs are set to be lost at computer firm Dell after it said it would cut its global workforce by 10%.
The PC maker has struggled with falling sales and rising costs, prompting founder Michael Dell to take direct charge of the firm earlier this year.
Mr Dell said the job losses would be […]

The Federal Trade Commission has asked Google for more details about its proposed $3.1 billion purchase of online advertising company DoubleClick as part of an investigation into whether the deal raises antitrust concerns, a Google executive said yesterday.
The executive said the company learned Friday that an initial 30-day waiting period had expired without the FTC […]

Deutsche Telekom is backing the internet telephone company Jajah, becoming the first major phone company to support such technology.
Jajah provides voice over internet protocol (VoIP) services, which allow people to make calls over the internet at a fraction of the usual prices.
Deutsche Telekom is investing in Jajah through its investment arm T-Online Venture Fund.
Intel’s investment […]

Hoping to tackle the growing problem of pump-and-dump stock scams Microsoft has quietly filed lawsuits against at least three alleged perpetrators who it says used its MSN Hotmail networks to promote stocks.
Hotmail has “received large volumes of unsolicited commercial e-mail messages” promoting stocks for companies such as Distributed Power, TGC Ventures, China Biolife Enterprises, and […]

International revenues were $1.71B or 47% of the total. So, US revenues can be estimated at 53% or $1.95 Billion. OK, we are almost there. We also need to break out the AdSense advertising revenues.
AdSense serves ads to other web sites. When a user clicks on an ad the advertiser pays Google a CPC fee […]

An independent European Union panel has launched an investigation into whether Google Inc.’s Internet search engine abides by European privacy rules.
EU spokesman Pietro Petrucci said Friday that the 28-member panel, which advises the European Commission and EU governments on data protection issues, wants Google to address concerns about the company’s practice of storing and retaining […]

Customers of UK net provider Plusnet have been told to change the password for their account following a break-in by malicious hackers.
In the attack, the hackers gained control of a Plusnet’s mail server and stole a list of e-mail addresses.
Spammers used the list to deluge Plusnet customers with junk mail. Some customers may also have […]

Chip-maker Intel “should be ashamed of itself” for efforts to undermine the $100 laptop initiative, according to its founder Nicholas Negroponte.
He accused Intel of selling its own cut-price laptop - the Classmate - below cost to drive him out of markets.
Professor Negroponte, who aims to distribute millions of laptops to kids in developing countries, said […]

Microsoft is paying $6bn (£3bn) to buy digital marketing firm Aquantive in its biggest ever acquisition.
The all-cash takeover will allow Microsoft to expand into the highly lucrative internet advertising market, that Google and Yahoo have targeted.
Aquantive advises agencies and website publishers on putting adverts online, connecting buyers and sellers.
The $66.50 per share offer is 85% […]

People behind the spam stock scam typically buy a bunch of penny stock in a company. Next, they send out millions of spam messages touting that stock—typically via computers owned by home PC users. When enough people buy the stock, the spammers sell their holdings and make a modest return.
How many people actually fall victim […]