25/09/2009

Shanda Games IPO gets tepid reception

(AP) -- Shanda Games Ltd., a Chinese video game company, raised $1 billion Friday in the largest initial public offering of the year.

Hard-drive makers see big run-ups on PC recovery hopes

Investors willing to make early bets on the recovery of the PC sector have scored big with Seagate Technology and Western Digital Corp. -- two makers of hard-disk drives that have seen their market values more than triple ...

Oracle's Larry Ellison says Sun losing $100 million a month

Declaring that Sun Microsystems is losing $100 million a month, Oracle CEO Larry Ellison has expressed frustration over an extended European antitrust review that has delayed his plans to acquire the struggling computer maker.

Yahoo director to step down at end of year

(AP) -- Yahoo Inc. director Maggie Wilderotter plans to step down from the slumping Internet company's board at the end of this year. The resignation will leave Yahoo with 11 directors.

Man pleads guilty in Vt. in border child porn case

(AP) -- A Vermont man pleaded guilty Friday to charges he had child pornography on his laptop computer when he entered the United States from Quebec nearly three years ago.

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