IBM is buying AT&T subsidiary Sterling Commerce, maker of business-to-business data integration software, for about US $1.4 billion in cash, the companies announced Monday.

Novell, which turned down a US$2 billion takeover bid in March, plans to start entertaining offers from other suitors this week, the Wall Street Journal reported on Wednesday.

Symantec will pay US$1.28 billion to acquire VeriSign's security business.

With its US$5.8 billion purchase of Sybase announced Wednesday, SAP is placing a big bet that mobile business applications are the way of the future.

Symantec will acquire encryption specialist PGP and endpoint security vendor GuardianEdge Technologies for US$300 million and $70 million, respectively, the company said on Thursday.

Hewlett-Packard plans to buy struggling phone maker Palm for US$1.2 billion.

A hacker named Kirllos has a rare deal for anyone who wants to spam, steal or scam on Facebook: an unprecedented number of user accounts offered at rock-bottom prices.

IBM on Monday reported first-quarter earnings of US$1.97 per share on $22.9 billion in revenue, a rise of 16 percent and 5 percent, respectively, over the same period last year.

Russian authorities raided HP's Moscow offices Wednesday looking for clues in a multimillion-dollar bribery investigation.

Twitter co-founders Biz Stone and Evan Williams shared some long-awaited usage figures for the service and sought to assure developers that Twitter is becoming a stable platform for building applications, as they kicked off the first-ever developer conference in San Francisco Wednesday.

iSoft has secured a two-year $9.8 million contract extension from the UK's NHS Shared Business Services (NHS SBS).

Novell's CEO on Saturday notified customers that the open source software company has rejected hedge fund Elliott Associates' roughly $2 billion bid to take it private.

A court in Texas has ordered Microsoft to pay communications software maker VirnetX US$105.75 million after a jury found it guilty of willful infringement of two patents belonging to the company.

The U.S. Federal Communications Commission will recommend the deployment of a nationwide free or low-cost wireless broadband network, and it will pour at least US$15.5 billion into broadband deployment across the country over the next 10 years under a national broadband plan to be officially released Tuesday.

The company says it spends more than any other on research and development.

RealNetworks will pay the studios $4.5 million and reimburse people who bought the product.

The deal's value was $18 million more than when the acquisition was announced last year.

The FCC's chairman hinted at a few components of the agency's National Broadband Plan.

Gartner has revised its outlook for worldwide IT spending this year, predicting the industry as a whole will see 4.6 percent growth to $3.4 trillion, up from its previous prediction of 3.3 percent growth, according to its latest figures released Thursday.

Samsung will invest $200 million in Rambus stock and pay around $700 million over the next five years.