Jurors in the Enron fraud trial began to hear about some of the financial tricks and gimmickry that kept the company flying high before its spectacular collapse in late 2001. And many of these tricks, former Enron investor relations chief Mark Koenig testified on Wednesday, were done with the full knowledge of the top executives of the company.
The maker of the BlackBerry handheld computer, Research in Motion, moved closer to a potentially devastating court injunction in the United States market on Wednesday after a judge denied its request to end a patent-violation lawsuit. In the US, more than two million people use the BlackBerry for wireless e-mail and other functions.
Internet blogs are getting a boost from the big search engines, which make the personal journals more accessible and move them toward mainstream journalism, analysts say. Yahoo this month said it would include blogs on all its news searches, saying it would give readers more access to "grassroots journalism."
A new push is being made to deliver television over an internet platform, with the potential to transform the medium into a new technology that offers more competition and programme choices. The ''convergence'' of television and the internet is being pushed, interestingly, by major regional United States phone companies.
Apple Computer celebrated the first anniversary of its online music service on Wednesday, announcing it had sold 70-million songs and was still growing. Apple chief executive Steve Jobs said the figures show it is ''the number one online music service in the world'' with some 70% of the market for legal music downloads.
With half-a-million dollars in reward as an enticement, computer users and security experts battled to curb the spread of the Mydoom computer worm amid concerns of serious after-effects from the worst internet epidemic to date.