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    Last update: December 22, 2009

    +IBM to Buy Cognos for $5 Billion
      IBM agreed to acquire Cognos for about $5 billion in cash, hoping to keep pace with rivals in the market for business-intelligence software.

    +Gore Joins Kleiner Perkins as Partner
      Al Gore joined prominent Silicon Valley venture-capital firm Kleiner Perkins as a partner, where he will guide investments aimed at combating global warming.

    +Intel Shifts From Silicon to Lift Performance
      Intel's latest chips show that a shift in manufacturing technology to a new material is producing performance increases.

    +EchoStar, E*Trade Fall Sharply
      EchoStar shares dropped Monday on weaksubscriber growth, while E*Trade plummeted after warning of further write-downs. The Nasdaq continued to decline following last week's 6.5% tumble.

    +Patent Firm Lays Global Plans
      Intellectual Ventures aims to raise $1 billion to help patent and develop inventions, many from universities in Asia.

    +FCC, Firms Gird for Possible Access Row
      The cable industry is set to fight a possible FCC effort to impose new programming and access requirements on carriers.

    +Prosecutors Want Nacchio Verdict Upheld
      Federal prosecutors asked an appellate court to uphold the $52 million insider-trading conviction of former Qwest Chief Executive Joe Nacchio, disputing his claim the evidence was insufficient to find him guilty.

    +End to Microsoft Court Oversight Sought
      The Justice Department told a judge it sees no reason to extend restrictive antitrust oversight of Microsoft, countering a recent move by a group of states to extend oversight for another five years.

    +Telefonica's Net Income Rises 39%
      Telefonica's net income rose 39%, boosted by a capital gain from the sale of a stake in Endemol and sustained growth in key Latin American and Spanish markets.

    +Disney Plans Cellphone Service for Japan
      Disney plans to partner with Softbank next spring in a cellphone service in Japan with Disney-branded phones.

    +EU Telecom Plan Draws Fire
      The EU is expected to reveal a plan tomorrow allowing national regulators to force breakups of dominant operators like France Télécom.

    +Sega Posts Loss, Cuts Year Forecast
      Sega Sammy posted a net loss in the fiscal first half and slashed its full-year forecast while the release of some of its new game machines is behind schedule.

    +Honeywell Uses Brainwaves for Image Analysis
      Honeywell is testing a system that monitors analysts' brains for early signs of electrical activity when they see something interesting, in an effort to speed up how fast humans can analyze intelligence data such as aerial photographs.

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