Reuters -

MOSCOW (Reuters)—Russia successfully launched a rocket on Tuesday carrying the last three satellites to complete a navigation system to rival Americas GPS. The military-run GLONASS mapping system works over most of Russia and is expected to cover the globe by the end of 2009, once all its 24 navigational satellites are operating. A space rocket […]

WASHINGTON (Reuters)—A federal appeals court handed Google Inc a setback in a patent fight on Wednesday, tossing out part of a summary judgment in the Web search engines favor in a lawsuit filed by Hyperphrase Technologies, LLC. Hyperphrase Technologies, LLC and Hyperphrase Inc had filed suit in Wisconsin saying that Google infringed on four patents […]

WASHINGTON (Reuters)-The FBI is embarking on a $1 billion project to build the worlds largest computer database of biometrics to give the government more ways to identify people at home and abroad, the Washington Post reported on Friday. The FBI has already started compiling digital images of faces, fingerprints and palm patterns in its systems, […]

NEW YORK (Reuters)-Digital phone service Vonage said on Friday it has settled a patent dispute with AT&T. Vonage was hit by a string of patent suits since going public in May 2006. It settled a suit with Sprint Nextel and another one with Verizon Communications Inc in October. AT&T sued the company, accusing it with […]

HELSINKI (Reuters)—International Business Machines Corp said on Friday it has agreed to buy in-memory database software provider Solid Information Technology from private owners for an undisclosed sum. Solids largest owners were private equity firms Apax Partners APAX.UL and CapMan. Solid is expected to have 2007 sales of around $14.4 million, Vesa Wallden, a member of […]

SAN FRANCISCO (Reuters)—Apple Inc and a popular Web site that published company secrets about the maker of the Mac computer, the iPhone and the iPod have reached a settlement that calls for the site to shut down. Apple and the site, ThinkSecret.com, settled the suit, which Apple filed in January 2005, and no sources were […]

SEOUL (Reuters)—Samsung Electronics Co Ltd said on Friday it had agreed with Hitachi Ltds data storage business unit to a license deal over hard disk drive (HDD) patents. Samsung, the worlds largest maker of memory chips, said in a filing with the Korea Exchange that the agreement with Hitachi Global Storage Technologies Inc covers HDD […]

NEW YORK (Reuters)—Internet company Yahoo and Latin Americas top mobile phone company America Movil said on Thursday they have struck a deal to provide mobile Web services to 16 countries in Latin America and the Caribbean. The agreement calls for Yahoos oneSearch service to be the default on America Movils wireless carriers portals. Yahoo plans […]

NEW YORK (Reuters)—Accenture Ltd said on Tuesday it filed a patent infringement lawsuit against Guidewire Software Inc over an insurance claims management technology. Accenture said in a statement its lawsuit alleges that Guidewire “misappropriated Accenture trade secrets relating to the design, coding and implementation of the claims management technology Accenture developed and patented.” Guidewire, which […]

WASHINGTON (Reuters)—A venture led by Microsoft Corp co-founder Paul Allen has applied to bid in an upcoming U.S. auction of coveted wireless airwaves, according to auction documents released late on Tuesday. Allen was listed with an entity called Vulcan Spectrum LLC among the applicants who filed to bid in the Federal Communications Commission (FCC) auction […]

BOSTON (Reuters)—Oracle Corp said on Wednesday that quarterly profit rose 35 percent as new software sales soared, beating expectations at a time when investors are nervous that IT spending is slowing, and its shares climbed 4 percent. The worlds No. 2 publicly held software maker reported fiscal second-quarter net income of $1.3 billion, or 25 […]

NEW YORK (Reuters)—Internet conglomerate IAC/Interactive Corp has signed an agreement with online video syndication service Brightcove Inc to create and distribute video on the Web for IACs brands, the companies said on Wednesday. Under the agreement, any IAC business will be able to use Brightcove to publish video content to their Web sites, manage the […]