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AP Technology NewsBrief at 2:16 p.m. EDT
(AP Online Via Acquire Media NewsEdge) Intel, AMD hit with subpoena in FTC probeSAN JOSE, Calif. (AP) _ Intel Corp. and its much smaller rival Advanced Micro Devices Inc. have been subpoenaed by the Federal Trade Commission about possible anticompetitive behavior in the microprocessor market, the companies said Friday. The move by the FTC to escalate its probe to a formal investigation is the latest in a series of legal challenges facing Intel, the world's largest computer chip maker. Antitrust investigations of Intel have been launched in several countries, including the U.S., based on complaints by AMD of unfair business practices that have stunted its growth.
New play explores what search reveals about usPHILADELPHIA (AP) _ They are an unquestionably bizarre set of Internet search terms: Mange. Human mold. White camellia. Dying Elmo. Could those words also be clues to finding a missing person?
Icahn recommends Yahoo set a $49.5B sale priceSAN FRANCISCO (AP) _ Activist investor Carl Icahn wants Yahoo to tell Microsoft it's willing to be sold for $49.5 billion, about $2 billion above Microsoft's last offer for the Internet pioneer. Icahn recommended the sales price, which works out to $34.375 a share, in a letter he sent Friday to Yahoo Chairman Roy Bostock. It is the billionaire's latest salvo in a campaign to replace Yahoo's board and fire CEO Jerry Yang unless the company works out a deal with Microsoft before Yahoo's annual shareholders meeting Aug. 1.
Phila. newspapers run ads about fake airline Derrie-AirPHILADELPHIA (AP) _ Derrie-Air has been exposed. Readers of The Philadelphia Inquirer and Philadelphia Daily News opened their papers Friday to see ads for a new airline called Derrie-Air, which purportedly charges passengers by the pound.
FCC chief's free broadband plan delayedWASHINGTON (AP) _ A plan by the nation's top telecommunications regulator to provide free wireless high-speed Internet service hit a snag this week over concerns about possible interference and a proposed censoring feature that upset free speech advocates. Federal Communications Commission Chairman Kevin Martin told The Associated Press on Thursday that the plan will not be voted on at the June 12 meeting as first promised, but he hopes to present it to the full commission in July.
Verizon Wireless agrees to buy Alltel for $5.9BNEW YORK (AP) _ Verizon Wireless has agreed to buy Alltel Corp. for $5.9 billion, which would make it by far the largest cellular carrier in the U.S. Verizon Wireless would also assume $22.2 billion in debt in the deal, bringing the total value to $28.1 billion, the parties said Thursday.
Intel hit with $25.4 million antitrust fineSEOUL, South Korea (AP) _ South Korea's antitrust regulator said Thursday it will order Intel Corp. to pay $25.4 million for violating fair trade rules. The Korea Fair Trade Commission said in a statement it was issuing the order because the semiconductor giant offered rebates to South Korean computer companies to undercut competitor Advanced Micro Devices Inc.
Most Comcast Web service 100 Mbps-capable by 2010PHILADELPHIA (AP) _ Comcast Corp. said Thursday that by early 2010 it plans to offer consumers in most of its markets Internet service so fast they will be able to download a high-definition movie in minutes. The nation's second-largest Internet service provider _ and biggest cable TV operator _ will deploy a technology capable of delivering up to 100 megabits of data or more per second in 20 percent of its markets by the end of 2008, Comcast senior vice president of investor relations Marlene Dooner said at the Merrill Lynch U.S. Media Conference in London.
Review: Finally a useful digital penNEW YORK (AP) _ The pen, once mightier than the sword, has been getting trounced by the keyboard in the computer era. Now and then there's a push toward "pen-based computing" that doesn't get very far. But in a test of the latest crop of pens that combine ink with digital technology, at least one stands out as a useful tool and a complement to the keyboard.
E-Trade makes it easier to trade on the BlackBerryNEW YORK (AP) _ As if BlackBerry users needed one more excuse to be glued to their screens, E-Trade Financial Corp. is giving its account holders an application that will let them get real-time stock quotes and trade on their phones. High-end phone users have for a while been able to access E-Trade's Web site and those of most banks and brokerages, but the online firm is the first major U.S. brokerage to provide a mobile application with cash transfers and real-time quotes.
Copyright ? 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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