Seattle's two daily newspapers have agreed to settle a legal dispute that had threatened to shut down the Seattle Post-Intelligencer. The Seattle Times Co. and Hearst Corp., which publishes the Post-Intelligencer, announced the settlement of the...
Tag - Business Dispute
Microsoft has urged antitrust officials to contemplate scuttling Google's design to buy DoubleClick, an online advertising company. Microsoft has argued that Google's proposed acquisition of Internet advertising company DoubleClick raises...
The head of the United Automobile Workers union, who came under criticism recently by some members for not taking a firm enough posture against wage and benefit cuts, made clear that workers are done making sacrifices. The union leader, Ron...
Hewlett-Packard Co. on Tuesday sued rival PC maker Acer Inc. in a Texas court for allegedly infringing on five separate patents. HP has sought to block sales of some Acer computers in the US, on the grounds that its Taiwanese rival had violated...
German utility E.ON has received a significant boost in its effort to take over Spanish power company Endesa. Recently Endesa's board has recommended shareholders accept E.ON's latest improved offer. E.ON has offered €42.4 billion, or $56.3...
The California based manufacturer, Leegin Creative Leather Products Inc. has challenged a 1911 Supreme Court ruling that automatically classifies agreements to set minimum prices as anticompetitive. The case was filed when Kay's Kloset, a...
A US District Court judge in Virginia has stunned the VOIP market by issuing a permanent injunction against Vonage barring it from basing its service on three of five patents owned by Verizon. The permanent injunction was issued on Vonage using the...
Oracle Corp. has recently filed lawsuit against its competitor SAP on the allegations that its German competitor has clandestinely and illegally acquired proprietary materials from the Redwood City giant's customer support Web site. Oracle has...
Japan's Toshiba Corp. and South Korea's Hynix Semiconductor Inc. has recently announced that they have signed a cross-licence deal to end a series of lawsuits and countersuits on patents for NAND-type flash memory chips. These to firms were involved...
The US Department of Transportation has tentatively approved Virgin America's plan to reconfigure its ownership and management structure. The department said that the carrier could earn its operating certificate if it meets certain conditions,...
German tourism and shipping company TUI AG has announced that it will acquire U.K. based First Choice Holidays PLC, to form a European travel giant. The firm further reported that the new company, TUI Travel PLC, will have annual revenue of £12.1...
Finnish telecommunications giant Nokia Corp. has recently launched a preemptive legal battle against Qualcomm Inc. by filing law suits against the U.S. chipset manufacturer in Germany and the Netherlands. The company while filing complaints at two...
Anticipating an extensive and controversial approval process, the world's biggest retailer, Wal-Mart Stores decided to withdraw its application to enter the banking industry. Thwarted by a phalanx of opponents from big banks to unions and...
Clear Channel Communications has decided to delay the vote on its $18.7 billion sale by two private equity groups and consequently provided the largest US radio station chain an extra month to convince doubtful investors to support the contentious...
A federal court has ordered the Vonage Holdings Corporation, the Internet phone provider, to pay $58 million for infringing Verizon's patents, dealt a heavy blow to loss-making company that already showing signs of strain. Vonage has infringed on...
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