SETTLEMENT

Online pharmacies selling counterfeit drugs or not requiring prescriptions advertised on Google. Google allowed it to continue and now is setting aside $500 million to ward off criminal charges by settling.

The top pre-market NASDAQ Stock Market gainers are: IncrediMail, VeriSign, Quantum Fuel Systems Technologies Worldwide, Symantec, and JetBlue Airways. The top pre-market NASDAQ Stock Market losers are: Wilshire Bancorp, Cisco Systems, Shire, ARM Holdings, and Sohu.com.

The top after-market NASDAQ Stock Market gainers are: Dynavox, Sino Clean Energy, Quantum Fuel Systems Technologies Worldwide, Pacific Mercantile Bancorp, Toreador Resources, and VeriSign. The top after-market NASDAQ Stock Market losers are: Clearwire, Cisco Systems, Jazz Pharmaceuticals, Gulfport Energy, and Aeterna Zentaris.

Microsoft today agreed to buy Skype, the world's most popular Web-calling service, in a move to narrow Google's lead in Web advertising.

Dish Network Corp. and its former unit EchoStar Corp. have agreed to pay TiVo Inc. $500 million to settle a patent infringement lawsuit over use of its 'Time Warp' digital video recorder (DVR) technology.

Jacyee Lee Dugard's kidnappers, a California couple who held her captive for 18 years and sexually abused her, pleaded guilty on Thursday and face life sentence.

An Alert Level 2 remained hoisted over Taal Volcano in Philippines on Monday after the Philippine Institute of Volcanology and Seismology (Phivolcs) recorded an unprecedented increase in seismic activity with up to 14 volcanic earthquakes in the past 24 hours.

The twins Cameron and Tyler Winklevoss, along with their business partner Divya Narendra, are appealing a recent court ruling that says they have to abide by a previous settlement reached with Facebook.

The United States Attorney for the District of Connecticut announced that John Bryk, 61, of Trumbull, has waived his right to indictment and pleaded guilty before United States District Judge Janet C. Hall in Bridgeport to one count of conspiracy to make a false statement in a Department of Housing and Urban Development transaction.

CVS Pharmacy Inc., the retail pharmacy division of CVS Caremark Corporation that operates more than 7,000 retail pharmacies in 41 states and the District of Columbia, has agreed to pay the United States and 10 states $17.5 million to resolve False Claims Act allegations, the Justice Department said.

The attorney general of Israel may charge the country’s Foreign Minister Avigdor Lieberman with corruption.

The hacker George Hotz, who settled with Sony after the company sued him for modifying his PlayStation 3 console, is getting a lot of flak from other hackers for not taking the fight further.

Libyan defector, former foreign minister Moussa Koussa has warned British officials that civil war could turn his country into “a new Somalia.”

A federal appeals court has ruled that former classmates of Facebook founder Mark Zuckerberg must abide by a deal they made when they fought Zuckerberg over ownership of the idea for a social networking site.

Sony Computer Entertainment America and the hacker who published code that unlocked the PlayStation 3's firmware have reached a settlement in their months-long legal battle.

The U.S. Justice Department approved Google's planned acquisition of online travel software firm ITA, but it made the technology giant agree to several conditions and concessions. Even as the Justice Department concluded its months-long review of Google's purchase of Massachusetts-based ITA, the focus now has turned to the possibility of the Federal Trade Commission (FTC) initiating an expansive antitrust investigation into Google to see if the company is stifling competition and getting i...

The U.S. Department of Justice and Google have proposed an agreement to allow the Internet's biggest search engine to buy ITA Software, the travel data company, for $700 million.

Google and the U.S. Department of Justice may soon reach an agreement that would allow the Internet's biggest search engine to buy ITA Software, the travel data company, for $700 million.

Shares of Cubist Pharmaceuticals Inc. (CBST) touched a new 52-week high of $30.02 on Wednesday morning. Optimer Pharmaceuticals Inc. (OPTR) said it has entered an exclusive two-year co-promotion agreement with Cubist to market Dificid in the U.S.

A federal judge has ruled that Apple can go ahead with its suit against a maker of unlicensed accessories for iPhones and iPods.

The European Union (EU) and Palestinians have condemned a plan by the Israel government to construct hundreds of homes in an area claimed by Palestinians.