IBT Staff Reporter

A group of U.S. House of Representatives Republicans urged the Federal Communications Commission to conduct a market analysis before proposing a new rule to maintain an open Internet.

Brocade Communications Systems Inc has put itself on the block and Hewlett-Packard Co is one of the companies that could be interested in buying the network equipment maker, people familiar with the matter said.

Corrects word in fifth paragraph to lawful, not unlawful, as previously sent

Activision is planning a Guitar Hero application for the iPhone and exclusive tracks specifically for new video games Band Hero and DJ Hero, Telegraph reported on Monday.

Nearly 12 percent of U.S. computer-owning households now own a Mac, according to an NPD Group released Monday.

Thousands of Windows Live Hotmail passwords have been leaked online on Monday, Microsoft confirmed.

A tepid economic recovery should allow the U.S. Federal Reserve to keep interest rates at rock-bottom lows for a prolonged period, New York Federal Reserve President William Dudley said on Monday.

Brazil's stocks rallied on Monday, extending the previous trading session's gains when Rio de Janeiro won the bid to host the 2016 Olympics.

Conde Nast will close four magazines -- Modern Bride, Elegant Bride, Gourmet, and Cookie -- following a review the publisher undertook to find ways to reduce costs and staff in the face of a slump in advertising.

Four years ago, a company that was a curious hybrid of old and new made a statement of sorts when it bought a buzz drama about South African gangsters.

Oil prices rose on Monday as data showing the U.S. services sector expanded raised hopes of an economic recovery and lifted markets.

Firms ranging from airlines to agribusiness would be exempt from new rules on compulsory clearing of derivatives transactions under a bill in Congress aimed at tightening oversight of the financial system.

Police have one person in custody following a report of a possible gunman on the University of South Florida campus.

Oil prices rose on Monday as data showing the U.S. services sector expanded raised hopes of an economic recovery and lifted markets.

Universal Pictures on Monday ousted Chairmen Marc Shmuger and David Linde after recent box office flops, including big-budget comedy Land of the Lost, replacing the pair with their marketing and production chiefs.

California and three other states were among the first recipients of more than $6.8 million in grants to map broadband use in U.S. homes, the Commerce Department said on Monday.

Conde Nast will close four magazines -- Modern Bride, Elegant Bride, Gourmet and Cookie -- following a review the publisher undertook to find ways to cut costs and staff in the face of the advertising recession.

The new Pakistani Taliban chief released a new video clip Sunday on Pakistani television, vowing to retaliate against the U.S. and Pakistan.

The Aussie dollar rallied in local trade yesterday following some relatively upbeat comments out of the G7 and another strong reading in the ANZ job advertisements. After opening the weeks trade around 0.8650 investors flocked to the AUD ahead of today's RBA interest rate meeting with some sections of the market expecting a rate increase.

Hewlett-Packard Co may get acquisitive again despite its recent absence from the technology sector's M&A scene, analysts said, and Brocade Communications Systems Inc may a prime target.

U.S. President Barack Obama ordered federal agencies on Monday to set a goal within 90 days for cutting their greenhouse gas emissions by 2020, the White House said, aiming to lead by example in fighting climate change.

HP's M&A Chances; Services Up; Web Rules Review

Making cheap international calls from an iPhone just got a whole lot easier.

The United States is the most admired country globally thanks largely to the star power of President Barack Obama and his administration, according to a new poll.

Detroit Tiger's player Miguel Cabrera had three times higher levels of alcohol in his blood than the legal limit when the altercation between him and his wife Rosangel Cabrera occurred, police said, according to the Detroit Free Press.

Hewlett-Packard Co may get acquisitive again despite its recent absence from the technology sector's M&A scene, analysts said, and Brocade Communications Systems Inc may a prime target.

Stocks bounced back from a four-day losing streak on Monday, as optimism about upcoming earnings gathered steam and data showed the economy's critical services sector expanded for the first time since August 2008.

The developer of the widely used Flash programing language has devised a way to translate its code to run on Apple Inc's iPhone -- a move that could dramatically boost the variety of applications for the iPhone.

The U.S. service sector grew in September for the first time in more than a year, creating jobs in banking and restaurants and giving a fresh sign that the economy is healing after doubts cast by recent poor data.