Microsoft Agrees to Buy Skype for $8.5 Billion

Microsoft

Microsoft makes its most-expensive deal ever for a company–Skype–that has had few profits despite millions of customers. And Microsoft is paying a pricey 10 times revenue for it, or $8.5 billion in total. In January, Skype’s owners were said to be seeking a $5-6 billion deal. Microsoft sees Skype supporting devices like Xbox, Kinect and [...]

FCC Rolls Out New Rules for Regulating Internet Traffic (Video)

The FCC’s rules could be less important to day-to-day Web surfing now than they will be to shaping how Americans access and use the Internet years from now. In the future, the Internet industry will be increasingly centered around online video, gaming and mobile services, analysts say. Those are the fastest growing categories of Internet [...]

Firesheep: Firefox extension hacking Facebook and Twitter passwords

A new extension for the Firefox web browser makes it easier than ever before for users to steal account information from users logging on to unencrypted websites via unsecured wifi networks. Developed by Eric Butler, the Firesheep extension collects the “cookies” that a selection of websites such as Facebook and Twitter use to allow access, [...]

Video: Flip Camcorder Image Stabilization (Flip UltraHD and Flip MinoHD)

The entire line of Flip Video pocket camcorders now records in high definition–and the newest models do it at a higher frame rate. Cisco today phased out the remaining standard-definition models of the Flip family and introduced revamped versions of its Flip UltraHD and Flip MinoHD models. The new camcorders don’t look much different from [...]

Cisco Systems Inc. reported stronger earnings in the latest quarter

Cisco Systems Inc. reported stronger earnings in the latest quarter as its customers continued to catch up on delayed purchases of networking gear, but its CEO said the company was seeing signs of the economic recovery slowing down. Shares in the world’s largest maker of computer networking gear fell Wednesday as revenue missed Wall Street [...]

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