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Justice, Time Warner announce \$210M settlement Time Warner has agreed to pay \$210 million to settle criminal securities fraud charges brought by the Justice Department against the company #39;s America Online unit. | 2 |
MPAA Slaps P2P Networks with Lawsuits and Arrests Online file-sharing is less of a problem for the movie industry because it has a much more diverse revenue model. In addition to the sale of movie tickets, money comes in from co-branding | 3 |
1. Vulnerability in WordPad According to the Microsoft site, the vulnerabilty in WordPad allows an attacker to take complete control of the affected system. | 3 |
Saban Going Swimming? Brian Curtis doesn #39;t think the LSU coach <b>...</b> Brian Curtis doesn #39;t think the LSU coach will be leaving Baton Rouge any time soon. By Brian Curtis. NEW YORK, NY -- As I first reported on CSTV #39;s Crystal Ball in early November and here on November 11th, LSU | 1 |
Wal-Mart Fires 7 Execs, Managers (Reuters) Reuters - Wal-Mart Stores Inc. fired\three executives and four managers from its Bentonville,\Arkansas headquarters for violating company rules, the company\said on Wednesday. | 2 |
Gates Joins Berkshire Board So, what does a board with more than \$100 billion in wealth do for an encore? | 2 |
It's Good to Be Right While creative, Blockbuster's latest policy change will have little impact on Netflix. | 2 |
Insurers to Pay Record Disaster Damages BUENOS AIRES, Argentina (Reuters) - Natural disasters will cost insurers a record \$35 billion this year, after hurricanes lashed the Caribbean and southeastern United States and a record 10 typhoons soaked Japan in events seen as linked to global warming, climate experts said on Wednesday. | 2 |
Wal-Mart Fires 7 Execs, Managers LOS ANGELES (Reuters) - Wal-Mart Stores Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=WMT.N target=/stocks/quickinfo/fullquote">WMT.N</A> fired three executives and four managers from its Bentonville, Arkansas headquarters for violating company rules, the company said on Wednesday. | 2 |
Fans Turn on Sprint Nextel Sprint (FON:NYSE - news - research) chief Gary Forsee is billing the Nextel (NXTL:Nasdaq - news - research) deal as strength building on strength. | 2 |
Update 5: Time Warner, AOL Settle Securities Fraud Time Warner Inc. agreed Wednesday to pay \$210 million to settle criminal securities fraud charges brought by the Justice Department against the company #39;s America Online unit. | 2 |
MPAA Bolsters Anti-Piracy Efforts WASHINGTON, December 15: The Motion Picture Association of America has filed suit against more than 100 file-sharing networks such as BitTorrent, Direct Connect and eDonkey, which allow users to download illegal copies of movies and television shows from | 3 |
Toshiba Brings Perpendicular Data Recording to HDD According to JCN Network, Toshiba has announced a new breakthrough technology in hard disk drives (HDD) based on perpendicular recording, setting new benchmarks for data density, boosting the capacity of a single 1.8-inch hard-disk platter to 40 gigabytes | 3 |
HP shifting last of Itanium engineers to Intel SAN FRANCISCO - Hewlett-Packard Co. and Intel Corp. are parting ways on the development of the Itanium chip for server computers, ending a more than 10-year partnership on a project that has produced far less | 3 |
Apple locks out RealNetworks with iPod update Apple Computer Inc. has updated the software for some of its iPod digital media players so that songs bought from RealNetworks Inc. | 3 |
SingTel to launch 3G phones; first in SE Asia SINGAPORE - SingTel will begin selling high-speech third generation mobile phones, or 3G phones, from Thursday, making it the first company in the region to sell the new technology. | 3 |
Liverpool misses a win against Portsmouth Liverpool was looking good for a win against Portsmouth in the premiership game being played at Anfield. However, a goal in the injury time by Portsmouths Lomana LuaLua spoiled their chances. | 1 |
Aragones slur on file The Spanish Football Association has opened a disciplinary file against Luis Aragones - but anti-racism campaigners expect the Spain coach to be let off with a warning. | 1 |
Technology Challenges Sprint-Nextel Merger (AP) AP - The proposed merger of Sprint Corp. and Nextel Communications Inc. could face a rocky start as the companies work to run and eventually merge two wireless technologies without breaking the bank or losing customers. | 3 |
Pak-India talks on NCBMs concluded without agreement Islamabad, Dec 15 (UNI) Pakistani and Indian negotiators today concluded talks on nuclear confidence building measures (NCBMs) without finalising the proposed draft agreement on prior notification of missile tests by Islamabad and New Delhi. | 0 |
Ex-Soldiers Take Over Aristide #39;s Home PORT-AU-PRINCE, Haiti - A band of former soldiers took over ousted President Jean-Bertrand Aristide #39;s former home early Wednesday and said they would use it to provide security in the neighborhood on the outskirts of the capital. | 0 |
Review: E-Mail Program Lacks 'Wow' Factor (AP) AP - The Firefox browser has become an instant sensation, in just a few weeks gaining impressively against Microsoft Corp.'s market-leading but malware-beleaguered Internet Explorer. | 3 |
Google Gets Victory in Trademark Lawsuit (AP) AP - Google Inc. won a major legal victory Wednesday when a federal judge ruled that the search engine's advertising policy does not violate federal trademark laws. | 3 |
Sprint, Nextel Join in #36;35 Billion Deal (AP) AP - Telecommunications giant Sprint Corp. is acquiring Nextel Communications Inc. in a #36;35 billion deal that would create the nation's third largest wireless telephone service provider. | 3 |
Apple releases Mac OS X v10.3.7 (MacCentral) MacCentral - Apple on Wednesday released Mac OS X v10.3.7, the latest release of its "Panther" operating system. The company recommends the update for all users of Panther, and said that the update "delivers enhanced functionality and improved reliability." | 3 |
2004 the Fourth-Hottest Year on Record (AP) AP - The year 2004, punctuated by four powerful hurricanes in the Caribbean and deadly typhoons lashing Asia, was the fourth-hottest on record, extending a trend that has seen the 10 warmest years ever beginning in the 1990s, a U.N. weather agency said Wednesday. | 3 |
Stocks End Up; Earnings, Merger Trump Oil NEW YORK (Reuters) - U.S. stocks closed slightly higher on Wednesday, as better-than-expected quarterly results from investment bank Lehman Brothers Holdings Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=LEH.N target=/stocks/quickinfo/fullquote">LEH.N</A> helped to offset a two-week high in crude oil prices. | 2 |
Google Wins Court Victory Over GEICO ALEXANDRIA, Va. (Reuters) - A federal judge on Wednesday handed online search engine Google Inc. a victory in a trademark infringement case on Wednesday, ruling that when users searched for insurer GEICO, Google could display rivals as well. | 2 |
Turkish PM Heads to EU Summit on Confident Mood ANKARA/STRASBOURG, France (Reuters) - Prime Minister Tayyip Erdogan voiced confidence on Wednesday that Turkey would win a date for opening long-delayed European Union entry talks at a landmark summit of the bloc's 25 leaders this week. | 0 |
Technology Challenges Sprint-Nextel Merger The proposed merger of Sprint Corp. and Nextel Communications Inc. could face a rocky start as the companies work to run and eventually merge two wireless technologies without breaking the bank or losing customers. | 2 |
Yahoo Offers Desktop Search Tool (Article Central) Yahoo Inc. announced that it has released a new tool to search computer hard drives as it strives to compete with rivals Google Inc. | 3 |
STATE OF THE ART Evaluating the Rivals to IPod Mini IN February, Apple followed up its wildly popular iPod music player with the iPod Mini. This smaller, sleeker \$250 player could hold 1,000 songs and came in five brushed-aluminum colors. | 3 |
Oracle Shifts to Integration Mode In a briefing with reporters, Oracle President Charles Phillips reaffirmed the company #39;s plans to solidify the deal before Dec. 30. | 3 |
Marion Jones sues Victor Conte San Francisco, CA (Sports Network) - Olympic track and field star Marion Jones filed a defamation lawsuit against BALCO chief Victor Conte on Wednesday. | 1 |
Aragones Investigation Begins Luis Aragons could lose his job as Spain #39;s coach after the Spanish Football Association launched an investigation into remarks he made about Arsenal #39;s Thierry Henry. | 1 |
Athens hijacker issues ultimatum A man holding hostages on a bus in Athens threatens to blow it up if a ransom is not paid in the morning. | 0 |
Erickson Staying in SF After Talks with Ole Miss ASHBURN, Va. (Sports Network) - San Francisco 49ers head coach Dennis Erickson will remain with the team after discussing the head coaching vacancy at Ole Miss with school officials on Tuesday. | 1 |
Yukos Files for Bankruptcy in U.S. The floundering Russian oil giant Yukos filed for Chapter 11 bankruptcy protection in Houston Wednesday in an effort to stop the Russian government from selling its core production unit at an auction this weekend. Analysts predicted the move would have no real impact on the planned sale. | 0 |
HP Shifting Last of Itanium Engineers SAN FRANCISCO (Reuters) - Hewlett-Packard Co. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=HPQ.N target=/stocks/quickinfo/fullquote">HPQ.N</A> and Intel Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=INTC.O target=/stocks/quickinfo/fullquote">INTC.O</A> on Wednesday ended their 10-year partnership to co-develop the Itanium chip for server computers, following disappointing sales of the product. | 2 |
An IPO Hot Enough for Vegas Many have been expecting the initial public offering (IPO) from the Las Vegas Sands (NYSE: LVS) to be hot. The shares were originally priced at \$20 to \$22 each. | 2 |
Linux to Grow Steady for Next Four Years Linux is much more popular in the enterprise than previously thought, according to a new report out today. IT research firm IDC combined several of its data studies and threw in a few that it didn #39;t already | 3 |
2004 fourth hottest since records began The year 2004 was the fourth hottest ever recorded and the past decade was the warmest since measurements began in 1861, the World Meteorological Organisation said Wednesday. | 3 |
WRAPUP 1-Auxerre #39;s Kalou dumps Rangers out of Europe Striker Bonaventure Kalou netted twice to send AJ Auxerre through to the first knockout round of the UEFA Cup at the expense of Rangers on Wednesday. | 1 |
Rangers crash out of Europe Rangers joined the European scrapheap after a Bonaventure Kalou double fired Auxerre to a 2-0 victory at Ibrox. The home side had only to avoid defeat to progress to the knockout stage but were out-classed by the visitors. | 1 |
BLAIR SUPPORTER RESIGNS British Prime Minister Tony Blair has lost one of his key supporters with the resignation of controversial Home Secretary David Blunkett. | 0 |
Celtics' Gugliotta Back on the Injured List (Reuters) Reuters - The Boston Celtics Wednesday\placed forward Tom Gugliotta back on the injured list. | 1 |
Counsell Returns to the Diamondbacks (Reuters) Reuters - The Arizona Diamondbacks\have signed shortstop Craig Counsell, who has played for two\World Series championship teams. | 1 |
Yukos Files for Bankruptcy in U.S. Court (AP) AP - Embattled Russian oil giant Yukos made a last-ditch legal bid Wednesday to halt the looming auction of its core production unit after filing for bankruptcy protection in a U.S. court. | 0 |
Pauline Gore, Mother of Former VP, Dies (AP) AP - Pauline Gore, whose son Al became vice president and nearly captured the presidency and whose husband had a long and distinguished career in Congress, died Wednesday. She was 92. | 0 |
Bush Pledges Strong-Dollar Policy (AP) AP - President Bush pledged Wednesday to work with Congress to reduce the government's huge budget deficit as a key step in assuring the world that his administration supports a strong dollar. | 0 |
Time Warner settles AOL fraud charges for \$210M Time Warner Inc. will pay \$210 million to settle charges that its America Online unit fraudulently inflated its revenue figures. Separately, it is expected to pay about \$300 million to settle SEC charges related to its buyout of a stake held by Germany's Bertelsmann AG in AOL Europe. | 3 |
Q A, Part 1: Cisco's Mike Volpi on IP traffic management Mike Volpi, routing technology general manager at Cisco, spoke recently about important new application-aware networking technology, service providers and his 10 years at Cisco. | 3 |
Nortel reports loss in Q3, sees pickup in Q4 Amid continuing problems with the release of its financial statements, Nortel Networks yesterday reported a loss for this year's third quarter but said it expects improvements in fourth-quarter revenue. | 3 |
Sprint, Nextel herald 'future of communications' Officials from Sprint and Nextel Communications today announced a definitive agreement to merge their two companies, creating the third-largest mobile phone company in the U.S. | 3 |
Cool Mac stuff: What to give for the holidays Knowing that some Mac-heads can sometimes be hard to buy for, columnist Ryan Faas offers some gift ideas for the Mac fan in your life. | 3 |
Oracle's Phillips talks up PeopleSoft integration For the first time since closing a deal to purchase PeopleSoft for \$10.3 billion, Oracle has begun offering a glimpse of how it plans to digest its acquisition and handle what will represent four different product lines. | 3 |
SAP offers new security service SAP is offering a new service called SAP Security Optimization, which provides a detailed analysis of security gaps and vulnerabilities and action plans on how to resolve them. | 3 |
Sprint to buy Nextel in \$35B deal Sprint has agreed to buy mobile telephone company Nextel Communications in a deal worth \$35.17 billion, combining the No. 3 and No. 5 U.S. wireless carriers and creating a new company with about 40 million customers. | 3 |
Host Marriott Selling Stake in Courtyard Host Marriott Corp. said Wednesday that it is selling a majority of its stake in Courtyard hotels to an institutional investor for \$92 million in a move to divest a noncore asset. | 2 |
Blackberry Disappointed in Court Research in Motion lost part of the case on appeal, but it #39;s not over until it #39;s over. Specifically, the patent infringement finding against the maker of the email device was upheld by the appeals court. | 2 |
Update 1: FCC OKs Rules for Local Phone Competition Federal regulators narrowly approved rules Wednesday that phase out many of the government-mandated discounts the four major regional telephone companies must give rivals to encourage them to compete for local service customers. | 2 |
Fa-la-la: Decking your PC with an Xmas virus HELSINKI: Internet security experts warned last Tuesday of a new virulent e-mail worm particularly successful in infecting computers as it is disguised as a multilingual electronic Christmas card. | 3 |
IDC: Linux PC sales to hit \$10 billion in 2008 com December 15, 2004, 2:07 PM PT. Sales of new and used PCs running the Linux operating system will reach \$10 billion by 2008, market researcher IDC predicted Wednesday. | 3 |
SAP Launches Security Service SAP AG unveils a service that evaluates security settings across a customer #39;s SAP enterprise system. SAP AG on Wednesday unveiled a service that evaluates security settings across a customer #39;s SAP enterprise system. | 3 |
Symantec Unveils Anti-Spam Subscription Service Symantec launches an optional, anti-spam subscription service for customers of its Internet e-mail gateway and enterprise-class antivirus products. | 3 |
Two-goal Kalou kills Rangers hopes GLASGOW, Scotland -- Scottish giants Rangers crashed out of a European competition for the second time this season following a 2-0 defeat at home to Auxerre in the UEFA Cup. | 1 |
Athletics acquire Ginter from Brewers Oakland, CA (Sports Network) - The Oakland Athletics have acquired infielder Keith Ginter from the Milwaukee Brewers in exchange for pitcher Justin Lehr and outfielder Nelson Cruz. | 1 |
Blunkett quits over visa row LONDON, DECEMBER 15: Senior British minister David Blunkett resigned on Wednesday, ripping a hole in Prime Minister Tony Blairs team months before an expected general election. | 0 |
Hall Done for Season Redskins kicker John Hall is done for the season with a torn right quad muscle, his fourth leg injury in three months. The team signed Jeff Chandler to replace Hall. | 1 |
Citrus Department to Challenge Labeling of Low-carb Juices Florida's Department of Citrus wants to put the squeeze on producers of low-carb orange juice, claiming their labels confuse consumers into believing they're purchasing 100 percent juice when buying a product that's 42 percent juice. | 2 |
Yukos, of Russia, files for bankruptcy in US MOSCOW The Russian oil producer Yukos sought bankruptcy protection in the United States on Wednesday and requested an emergency court hearing to stop the Russian government #39;s auction of its largest production unit. | 2 |
Fiat and GM prepare talks to avoid costly lawsuits MILAN General Motors and Fiat on Wednesday edged closer to initiating a legal battle that could pit the two carmakers against each other in a New York City court room as early as next month. | 2 |
Air China shares debut strongly Shares in Air China, the country #39;s flagship carrier, closed 8.2 per cent higher yesterday when it began trading in Hong Kong, as Chinese stocks in the territory continued to rebound | 2 |
Japan #39;s business confidence slips The Bank of Japan said Wednesday the confidence of the nation #39;s largest manufacturers has fallen for the first time in more than two years. | 2 |
Gucci chief designs a bigger future for the brand Robert Polet, the new chief executive of Gucci, has vowed to double the size of the core Gucci brand over the next seven years. He also said that loss-making | 2 |
TechBrief: Judge clears Google on search ads Google won a major legal victory Wednesday when a US judge said the search engine could continue to sell ads triggered by searches that use trademarked company names. | 2 |
US Dollar Falls Against the Euro The US dollar fell against the euro Wednesday amid persistent concerns over the US trade and budget deficits, despite a pledge from President Bush to work with Congress to reduce the huge twin deficits. | 2 |
Kansas City Southern to Buy Mexican Rail Mexican transportation company Grupo TMM SA said Wednesday it has reached an amended agreement with Kansas City Southern to sell 51 percent of its railway unit to the US company. | 2 |
Intel To Take Over HP #39;s Itanium Chip Team Intel is taking over the team of 300 designers who work on Itanium chips for use in HP servers. An official announcement from the companies is expected Thursday, according to a person familiar with the plans. | 3 |
New mobile music service launches com December 15, 2004, 3:10 PM PT. Seattle-based mobile music company Melodeo said Wednesday that it won worldwide rights to sell songs from Warner Music Group through cell phone networks. | 3 |
Angles guide ants back to home LONDON - When an ant comes to the fork in the road, it uses geometry to find the correct path, scientists say. Worker pharaoh ants use a series of branching paths scented with pheromones to travel around their colony. | 3 |
2004 Signals More Global Warming, Extreme Weather: UN Global warming is set to continue, and bring with it an increase in extreme weather such as hurricanes and droughts, scientists from the United Nations #39; World Meteorological Organization warned on Wednesday. | 3 |
Soccer / UEFA Cup - Auxerre #39;s Bonaventure dumps Rangers Striker Bonaventure Kalou netted twice to send AJ Auxerre through to the first knockout round of the UEFA Cup at the expense of Glasgow Rangers last night. | 1 |
Aachen Makes Final 32 in UEFA Cup Play LONDON - Alemannia Aachen, a German second division team which reached its domestic final last season, is in the final 32 of the UEFA Cup competition and the Glasgow Rangers are out. | 1 |
Erickson staying put - for now On second thought, Ole Miss didnt look that good to Dennis Erickson after all. So now its back to where it was earlier this week on the Erickson-Is-Out-As-49ers-Coach front: Hell be coaching San Francisco | 1 |
Mariners sign slugger Sexson CBC SPORTS ONLINE - Free-agent first baseman Richie Sexson is the newest member of the Seattle Mariners. The four-year deal, which was contingent on Sexson passing a physical, was announced Wednesday and is reportedly worth \$10 million US per season. | 1 |
Williams activated; Burks placed on injured list Point guard Jason Williams was activated by the Memphis Grizzlies before Wednesday night #39;s game against the Chicago Bulls and they placed rookie Antonio Burks on the injured list. | 1 |
Steelers RB Bettis thinking about retiring after season Pittsburgh Steelers running back Jerome Bettis hasn #39;t decided if he will retire after this season, but is thinking about it. Bettis said his health -- not whether the Steelers win the Super | 1 |
Celtics put Gugliotta on injured list CBC SPORTS ONLINE - The Boston Celtics returned Tom Gugliotta to the injured list Wednesday, this time with a sprained right ankle. | 1 |
Brother: Renteria agrees to sign with Red Sox All-Star shortstop Edgar Renteria is nearing an agreement with the Boston Red Sox on a contract, his brother said Wednesday. The deal is worth \$40 million over four years with an option for a fifth season, a | 1 |
Majerus named head coach at USC Los Angeles, CA (Sports Network) - Rick Majerus accepted an offer to become the head basketball coach at Southern California and was introduced Wednesday afternoon. | 1 |
The end of the career: Blunkett timeline The #39;News of the World #39; reveals that David Blunkett is having an affair with a married woman. It takes 24 hours for #39;The Sun #39; to identify the woman as the US publisher of The Spectator - Kimberly Fortier, who has since adopted her married name Quinn. | 0 |
Shi #39;ites Bombed as Iraq Poll Campaign Begins A bomb near a Shi #39;ite shrine killed eight people and a fierce attack on Iran by a minister fueled fears of sectarian strife when campaigning began on Wednesday for | 0 |
Haiti Ex-Soldiers Seize Aristide #39;s Old Compound Some 100 former soldiers who helped lead a revolt against ousted Haitian President Jean-Bertrand Aristide seized his abandoned residence on Wednesday and said they would make it their headquarters. | 0 |
Turkish engineer for US firm killed in Afghanistan KABUL, Afghanistan A Turkish construction engineer has been kidnapped and killed by suspected Muslim militants opposed to the international reconstruction effort in Afghanistan, government officials said Wednesday. | 0 |
Washington Mayor Says Council Puts Baseball in Capital at Risk Anthony Williams said today that he was deeply pessimistic about salvaging the deal to bring the Expos to the city. | 0 |
French economy to grow 2.1 pct in 2004; slump in 2005: INSEE (AFP) AFP - The French economy is expected to grow 2.1 percent this year, but will limp through the first half of 2005 at a 1.4 percent pace that threatens the official full-year target of 2.5 percent, the national statistics office INSEE said. | 2 |
HP, Intel End Itanium Chip Pact SAN FRANCISCO (Reuters) - Hewlett-Packard Co. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=HPQ.N target=/stocks/quickinfo/fullquote">HPQ.N</A> and Intel Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=INTC.O target=/stocks/quickinfo/fullquote">INTC.O</A> on Wednesday ended their 10-year partnership to co-develop the Itanium chip for server computers, following disappointing sales of the product. | 2 |
Nextel Deal Sees Sprint Shares Rise * Sprint #39;s strong wireless Internet service and Nextel #39;s walkie- talkie feature popular among mobile professionals would be a competitive combination. | 2 |
Russia #39;s Yukos Oil Company Files for Bankruptcy Description: Russian oil company Yukos files for bankruptcy protection in a US court in an attempt to prevent the Russian government from auctioning off the company #39;s main asset. | 2 |
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