Affiliate Programs and Affiliate Reviews
Digital entertainment company RealNetworks said Wednesday that its founder stepped down as chief executive officer, but will remain chairman. In a statement, Founder Rob Glaser, 47, said that after 16 years he decided it was time for him to step away from day-to-day operations. RealNetworks spokesperson Bill Hankes said Glaser plans to focus on philanthropic and political interests.
Foreign companies are criticizing a new Chinese regulation they fear could block them from the multibillion dollar business of selling high-tech products to government departments. The rule requires sellers of high-tech products to have them accredited based on “indigenous innovation” — local intellectual property — before they can be listed in a government procurement catalog.
European Union regulators said Friday that they have extended until Jan. 27 a deadline to wrap up their antitrust review of Oracle’s planned US$7.4 billion takeover of Sun Microsystems. The European Commission said Oracle had asked for more time “in order to have the opportunity to further develop its arguments in response to the Commission’s concerns.”
Time Warner said Monday that it will spin off its Internet business, AOL, as a separate company on Dec. 9. On that date, Time Warner shareholders of record as of Nov. 27 will receive one share of AOL common stock for every 11 shares of Time Warner common stock they hold, the media company said.
An Arizona-based debt settlement company accused in a lawsuit of preying on people who can’t pay their bills has been ordered to pay nearly US$200,000 in penalties for defrauding customers in New York state. New York Attorney General Andrew Cuomo launched a nationwide probe last spring into a “renegade industry” of debt settlement businesses.
Ciena won court approval Thursday to start bidding on Nortel Network’s optical and Ethernet division with an offer valued at more than $532 million. The optical networking business includes some of Nortel’s most sought-after businesses units, intellectual properties and employees.
Google said Monday that Arthur Levinson has resigned from the Internet search leader’s board, averting a potential showdown with government regulators over his overlapping job as a director for computer and gadget maker Apple. The FTC had been investigating whether Levinson’s double duty on the boards of both Google and Apple would lessen competition between the companies as they increasingly collide in the same markets.
Bank of America on Tuesday pledged not to hike credit card interest rates or fees before a new law intended to reform industry practices takes effect in February. Since most Bank of America customers have variable rate cards, however, they could still see their interest rates go up. The interest on variable-rate cards is tied to the rise and fall of the prime rate.
Ciena is offering cash and stock worth $521 million to acquire some of Nortel’s most-prized remaining business units as the fallen telecommunications company continues to liquidate. The deal announced Wednesday covers the Nortel Optical Networking and Carrier Ethernet businesses.
A voter advocacy organization asked the U.S. Justice Department Tuesday to undo the sale by Diebold of its voting machine business, saying the transaction promotes a monopoly. Voter Action, based in Washington, D.C., said in a letter to the department’s antitrust division that the transaction is a grab for market share.
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Jun | ||||||
| 1 | 2 | 3 | 4 | |||
| 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 | 31 | |