Although a recent study showed Internet employment is on the rise, several cash-strapped media sites on the Web are slashing jobs.

The Microsoft anti-trust case appears headed for the Supreme Court, just moments after U.S. District Judge Thomas Penfield Jackson today ordered the software giant to split into two companies.

Apr 28

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Justice’s Recommendation

Assistant Attorney General Joel Klein discussed the government's recommendation to break up Microsoft in a press conference this afternoon. The following is text of his comments.

Apr 28

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Microsoft’s Reaction

Following the government's announcement, several Microsoft officials made statements critical of the Justice Department's action and defending their company.

Mar 16

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The Business of E-Books

This week, horror writer Stephen King became the first best-selling author to publish a work exclusively in electronic format. First-day sales of "Riding the Bullet" surpassed first-day sales of all King's best-selling books on paper.

Top Internet services provider America Online Inc. will buy Time Warner Inc., the world's largest media and entertainment company, for about $166 billion in stock, the companies said, in what ranks as the largest corporate merger deal ever.

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