IBT Staff Reporter

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IBM to use AMD processors in new servers

IBM, the world's largest technology services company, on Tuesday is announcing new server computers giving businesses access to computing power typically used by universities and large corporations.

Cyworld Lands on Myspace

It has been tremendously successful abroad but now, Cyworld is trying to make a successful landing in Myspace territory.

E3 Trade Show to Become 'Intimate'

The Entertainment Software Association issued a statement on Monday saying they are planning to downsize its Electronic Entertainment Expo (E3), the popular annual video game trade show.

CNN to Accept User Generated Content

CNN is taking a queue from YouTube and other websites, announcing on Monday that it has created a site where users can submit their own video recordings pertaining to news.

Reaction: SanDisk Acquisition of Msystems

SanDisk, the world's largest supplier of flash memory, announced its intent to purchase Israeli data-storage provider M-Systems Flash Disk Pioneers Ltd, for $.155 billion on Monday.

FDA, Barr to meet on morning-after pill status

U.S. health regulators will meet immediately with Barr Pharmaceuticals Inc. about the over-the-counter status of the Plan B contraceptive known as the morning-after pill, according to a report on cable network CNBC Monday.

Avon posts lower second-quarter results

Avon Products Inc., the world's largest direct seller of cosmetics, on Monday said second-quarter profit fell 54 percent on costs related to job cuts and other restructuring moves.

Finding the right adviser

The standards that cover financial advisers are getting tougher, and that's good for people who need help managing their money but don't know where to turn.

Dolby to offer 3-D cinema with Infitec technology

Dolby Laboratories, best known for its movie theater surround-sound systems, on Monday said it has teamed up with German virtual reality company Infitec GmbH to develop a three-dimensional theater projection system for theaters.

AOL to test-launch video search service

AOL plans to announce on Monday it will test launch a new Internet video service in an attempt to demonstrate how much it has learned from mistakes that cost the once reigning king of the online world its leading position.

Microsoft submitted documents in bid to avoid fine

Microsoft Corp has submitted documents required by the European Commission in an effort to avoid further fines for breaching an antitrust ruling, a spokeswoman for the European Union regulator said on Monday.

Congo's Potential

With a chance for stability following the first democratic election in over 40 years, the Democratic Republic of Congo is seen as a country with strong potential, especially in its natural resources.With a chance for stability following the first democratic election in over 40 years, the Democratic Republic of Congo is seen as a country with strong potential, especially in its natural resources.

French Judicial Body Weakens iPod Law

France's highest judicial body has ruled unconstitutional significant parts of a law meant to force Apple and other companies to sell music that would play on any portable music device.

Court won't block McClatchy newspaper sale

A federal judge late on Friday rejected a request for an injunction against the McClatchy Co. sale of three San Francisco Bay-area papers it acquired when it bought Knight Ridder Inc. this year.

Retreat in transport stocks bodes well for market

July marked the end of the road for the rally in transportation stocks, and while the sector is seen as a bellwether, investors say its swoon could actually be a bullish sign for the broader stock market.

Growth slows, prices up in second quarter

U.S. economic expansion slowed abruptly in the second quarter to less than half the pace at the start of the year, while a key inflation gauge shot up at the fastest rate since 1994, the government said on Friday.

Wal-Mart Closes Shop in Germany

Wal-Mart, the world's biggest retailer, announced today that it decided to close its operations in Germany, by selling its 85 stores to a local rival, Düsseldorf-based Metro AG.

Wendy's Losses Blamed on Charges for Baja Fresh

Wendy's International, one of the world's largest restaurant chains, announced its second quarter earnings on Thursday, blaming losses on impairment charges for its Baja Fresh Mexican Grill operation.

iTunes' Week of Harvest

Apple Computer strengthened its grip on the digital media market this week, adding three major media sources to its list of iTunes content providers.

Metallica Places Songs on iTunes

After three years of holding out, hard rockers Metallica are now allowing individual song downloads from their albums on Apple's iTunes Music Store.

Key House Republicans boycott pension meeting

Legislation to overhaul the U.S. private pension system suffered another setback on Thursday as key House Republican lawmakers boycotted a negotiating meeting in a fight over whether to keep some $35 billion in tax breaks in the bill.

Health and IT Big Winners in VC Funding

The health care and information technology industry received the most funding from Venture Capitalists during the 2006 second quarter, according to a new report..

SA Farmers Look Inward Following WTO Talks

South African agricultural representatives are looking at their own governments to see what can be done in the wake of recently suspended trade talks of the World Trade Organization.

Sun Posts Loss, Higher Revenue in 4Q

Sun Microsystems Inc., the computer server manufacturer, released its fourth quarter earnings report for 2006 on Wednesday, highlighting high revenue growth despite posting a net loss.

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