Industry

U.S. government seeks $5M in H-1B fraud case

New indictment against IT firm expands counts but reduces demand, from $7.4M

Sony to outsource LCD TV production to Hon Hai

Sony will sell Hon Hai a 90 percent stake in its Americas LCD TV operations

Investor Carl Icahn sells 12.7 million Yahoo shares

He sold shares at US$14.85 per share, far less than the $25 each he paid in hopes of a Microsoft-Yahoo merger

Tech Companies Drowning in ‘Underwater’ Stock Options

EBay to sell majority stake in Skype for $1.9 billion

Google to let Apps users try out Wave

Wave, which combines elements from a variety of online services, is currently only available to developers

Microsoft discounts Windows 7 for small businesses

The move follows similar price cuts offered to consumers

Facebook agreement with Canada will impact everyone

Privacy, consumer groups want news laws to protect Web users

Organizations want to require Web sites and advertising networks to get opt-in permission before collecting personal data

IBM puts virtual desktops in the cloud

The company will launch a hosted virtualization service in October in Europe and North America