Shareholder lawsuit claims Yahoo derailed Microsoft bid

Yahoo has lost a battle to keep information about its operations confidential after a judge decided to unseal documents filed by shareholders suing the company over its handling of Microsoft's unsolicited acquisition offer. ...continue reading 'Shareholder lawsuit claims Yahoo derailed Microsoft bid'

U.S. citizen arrested in Singapore for e-mail insult

A U.S. citizen has been arrested in Singapore for allegedly insulting a judge in an e-mail. ...continue reading 'U.S. citizen arrested in Singapore for e-mail insult'

Court finds Dell guilty of fraud

Dell was found guilty on Tuesday of fraud, false advertising, deceptive business practices and abusive debt collection practices in a case brought by the New York attorney general. ...continue reading 'Court finds Dell guilty of fraud'

Former Monster exec charged with backdating stock options

James Treacy, former chief operating officer and president of online job board Monster Worldwide, has been charged with securities fraud and conspiracy in connection with the backdating of millions of dollars worth of employee stock options, the U.S. Attorney's Office for the Southern District of New York announced Wednesday. ...continue reading 'Former Monster exec charged with backdating stock options'

Two more indicted on E-Rate fraud charges

The former owner of three Kansas computer services vendors and his mother have been indicted on charges related to defrauding a government program designed to help schools and libraries in poor areas connect to the Internet, the U.S. Department of Justice said. ...continue reading 'Two more indicted on E-Rate fraud charges'

DOJ nets two more guilty pleas in E-Rate fraud charges

Former co-owners of DeltaNet, a New Jersey computer service provider, have agreed to plead guilty to charges related to defrauding a government program designed to help schools and libraries in poor areas connect to the Internet, the U.S. Department of Justice announced. ...continue reading 'DOJ nets two more guilty pleas in E-Rate fraud charges'

Retailers fined for breaking DTV transition rules

The U.S. Federal Communications Commission has handed out more than US$6.6 million in fines to 11 retailers and television manufacturers, accusing the companies of violating its rules for the U.S. transition to all-digital broadcasts in early 2009. ...continue reading 'Retailers fined for breaking DTV transition rules'

IBM served by US Attorney's Office, gov't contracts hit

IBM has received a grand jury summons from the U.S. Attorney's Office over possible procurement violations between employees of the U.S. Environmental Protection Agency (EPA) and certain IBM employees, the company said Monday. ...continue reading 'IBM served by US Attorney's Office, gov't contracts hit'

King of Spam pleads guilty; faces 26 years in prison

The notorious spammer authorities dubbed 'the King of Spam' is facing a possible 26-year jail sentence after pleading guilty in Seattle on Friday to charges of fraud and tax evasion. ...continue reading 'King of Spam pleads guilty; faces 26 years in prison'

U.S., Canadian agencies seize counterfeit Cisco gear

U.S. and Canadian law enforcement authorities have seized more than $78 million worth of counterfeit Cisco Systems networking equipment in an ongoing investigation into imports from China, the U.S. Department of Justice and other agencies announced Friday. ...continue reading 'U.S., Canadian agencies seize counterfeit Cisco gear'