Microsoft offers $1 billion to settle lawsuit

No, not the anti-trust lawsuit. This was an over-pricing lawsuit.. ...more

Global software piracy hits 36 per cent

Thirty-six per cent of computer software in use worldwide during 2003 was pirated, according to the latest figures from the Business Software Alliance. While the global market in legitimate copies was worth $51bn, an additional $29bn was illegally installed. The piracy rate of 36 per cent, calculated by dividing the value of illegal software by the combined value of legal and illegal, was up two per cent on the previous year's figure. ...more

Intel cuts revenue prediction as chip demand falls

Tech stocks are braced for a fall following news from Intel that it is cutting its revenue forecasts for the third quarter to between $8.3bn to $8.6bn, down from the previous forecast of $8. ...more

Kodak turns digital camera patents against Sony

Kodak has sued Sony over the alleged infringements of 10 patents. The giants of the digital camera market are at loggerheads over patents granted to Kodak between 1987 last year concerning the compression, colour-sensing and storage of digital stills and video. Sony maintains it 'has not violated any Kodak patent related to digital imaging and will fully defend any allegations'. ...more

CA's ex-CEO Kumar charged with fraud

As expected US authorities have charged former executives of Computer Associates with fraud. Amongst those charged were the former CEO Sanjay Kumar. The charges related to alleged accounting malpractices which took place between January 1998 and September 30, 2000. ...more