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Capitulating to pressure from some shareholders, MCI today said it would hold face-to-face talks with would-be buyer Qwest Communications International, which has offered to pay US$8 billion in cash and stock for the long-distance firm ...

Revisiting a time-tested strategy of growing through acquisition and working to diversify its holdings, IAC/InterActiveCorp. said it would buy catalog and e-commerce concern Cornerstone Brands in a deal worth around US$720 million ...

The Firefox browser from the Mozilla Foundation has continued to gain market share and erode the dominance of Microsoft's Internet Explorer, but there are signs the juggernaut might be losing steam ...

America Online has launched a new feature enabling users of its wildly popular AOL Instant Messaging (AIM) platform to use the contact list feature of the service in the Microsoft Outlook e-mail program ...

Amid internal turmoil and with a takeover bid looming, No. 2 electronics retailer Circuit City said it would end its four-year-old partnership with Amazon.com and handle its e-commerce itself ...

The would-be bidding war for MCI Communications took several dramatic turns in the last 24 hours ...

Leading mobile phone maker Nokia said it expects China to surpass the United States as the largest market for wireless phones and mobile subscriptions within three years, just the latest evidence that the rise of the Chinese economy is tilting the worldwide balance of power ...

In a move that underscores the rise of the smartphone and the shrinking relevance of the personal digital assistant (PDA), Sony has said it will stop making its Clie line of portable organizers for sale in Japan later this year, a move that will mark the end of the electronics maker's five-year run in PDAs ...

Microsoft has said it has forged a partnership to work with France-based telecom gear maker Alcatel in a bid to advance the adoption of Internet-based television by targeting telecommunications companies eager to ward off competition from cable companies by offering a broader menu of services ...

Targeting a sizable and fast-growing market niche that it says has largely been ignored by major carriers, Movida Communications said it had forged several partnerships to help it bring wireless services to the Hispanic community ...

Google is facing criticism for a feature in the latest version of its browser toolbar that can add hyperlinks to Web pages, potentially giving the search engine giant powerful control over where surfers go on the Internet ...

Not willing to give up its attempts to acquire the last large remaining long distance and corporate communications company, Qwest Communications said it would submit a revised bid for MCI in an effort to wrest the acquisition prize away from cross-country rival Verizon ...

Linux software vendor Trolltech says 20 mobile phone and hand-held device manufacturers are working on products that use its version of the open-source platform ...

Following competitors' footsteps on a path that promises to obliterate the line between what once were standalone devices, Sony Ericsson said it plans to launch a line of phones under the Walkman brand that are much a portable music player as a phone handset ...

The end result of approval of the recent spate of telecom mergers might be a sharp reduction in the choice that both consumers and businesses have to access the Internet. This is the point that some industry and consumer groups are planning to argue to regulators ...

Major League Baseball's Internet unit said it has reached a deal to acquire e-tailer Tickets.com for US$66 million, a move that offers the league more opportunities to sell directly to its fan base ...

Vonage Holdings, one of the fastest-growing voice over Internet protocol (VoIP) calling firms in the United States, has complained to federal regulators that data traffic carrying its low-cost telephone calls is being blocked by some broadband networks, apparently those managed by local telephone companies ...

Monster Worldwide, parent company of the leading online career site in the U.S., said it would buy France-based Emailjob.com for US$26 million ...

Using its deeper pockets and higher national profile to outlast a rival bidder, Verizon Communications has reached a deal worth around US$6.7 billion to buy No. 2 long distance company MCI ...

Reviving a nearly 5-year-old case that has tested the limits of local jurisdictions in the Internet era, Yahoo has won a new hearing on claims that its rights under the U.S. Constitution to sell Nazi memorabilia can't be limited by French courts ...