| Sprint Nextel names Dan Hesse CEO
U.S. mobile operator Sprint Nextel has appointed Dan Hesse as president and CEO. He replaces Gary Forsee, who resigned in October. IBM expects $1 billion in India revenue this year
IBM Corp. expects about US$1 billion in revenue from India, as the company's hardware and services business in the local market soars. Open source company Mindquarry folds; founders join Day Software
The founders of open source collaboration software start-up Mindquarry have shut down the company and moved on to a new venture, building up the social media product lines of Day Software. Filing reveals that Cognos went to IBM first
Cognos executives first approached IBM in the months leading up to IBM's pending US$5 billion deal to buy the company, not the other way around, according to a document Cognos submitted Friday to the U.S. Securities and Exchange Commission. Qualcomm buys noise-reduction company
Qualcomm made a clear statement about its vision for future mobile devices on Monday by buying SoftMax, a provider of noise-reduction algorithms. Crypto firm snaps up storage security products at fire sale
Cryptography specialist nCipher Tuesday said it has acquired a substantial portion of the product assets of financially distressed storage security company NeoScale Systems. Opera seeks tougher remedy in Microsoft case
Microsoft was considered to have escaped lightly after the European Commission found it guilty in 2004 of bundling its media player software with Windows to the detriment of competition. It was ordered to sell a second version of Windows in Europe without its media player, but the new version was priced the same, few PC makers stocked it and the product effectively bombed in the market. | 
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