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    Last update: December 22, 2009

    +Vonage Faces Another Patent Lawsuit
      Vonage disclosed that AT&T filed a patent infringement lawsuit against it, the third major telecom to do so.

    +Surveillance Law Could Hold Risks for Telecom
      A bill would give telecommunications companies legal immunity for aiding the government's warrantless wiretapping program but leave them vulnerable when it came to any aid they offered previously.

    +Nasdaq Plunges 2.7% in Broad Selloff
      The Nasdaq tumbled 2.7% Friday, as broad economic concerns pressured the markets, and tech giants like Microsoft, Dell and eBay swooned. Google was a rare bright spot.

    +Yahoo's Marketing Chief Departs
      Yahoo's marketing chief is leaving, the latest executive to depart since the search giant began a broad reorganization.

    +U.N. Agency Endorses WiMax
      WiMax received an endorsement from a United Nations agency, raising the odds the wireless Internet technology will be widely deployed.

    +KDDI Profit Gains Due to Cellular Line
      KDDI said group net profit for the July-September quarter rose 5% from a year earlier, as steady gains in its cellular business helped overcome bigger losses in its fixed-line operations.

    +Xerox's Net Drops, but Sales Rise
      Xerox's profit dropped 53% from a year ago period that was boosted by a tax gain, but sales rose 12% on demand for color printers and office services.

    +Web Subpoena Fight Leads to Jail Time
      Village Voice Media's leaders were arrested after running a story about grand jury subpoenas they received seeking reporters' notes and information on who visits their Phoenix weekly's Web site and what they do on the site.

    +Wipro's Profit Rises 18%
      Wipro said U.S. demand for outsourced software and IT services remains strong, as the Indian firm posted an 18% jump in profit and forecast more growth.

    +Alltel's Net Rises on Customer Gains
      Alltel's earnings jumped 51% as the wireless operator added 205,000 net subscribers in the final quarter before it is sold to private equity investors.

    +Report Challenges Assumptions of ID Thieves
      An identity-theft study found a diverse range of offenders and methods. Many cases involved sloppy data-security practices by businesses.

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