AT&T will pay a $4 billion breakup fee to T-Mobile's parent company.

Lawmakers call on the DOJ and FTC to look closely at Google's search dominance and acquisitions.

SAP wants the acquisition to bolster its cloud strategy.

AT&T has withdrawn its merger application at the FCC but will still seek approval for the deal in a court case with the DOJ.

The proposed $39 billion deal now goes to a hearing before an administrative law judge at the FCC.

The deal still requires clearances from regulators in the U.S. and other countries.

The move will give Oracle cloud-based customer service software, in yet another move against rival Salesforce.com.

The European Commission concluded that a merger of the hard disk drive makers will not impede competition.

Skype CEO Tony Bates is president of the Skype Division of Microsoft.

HP has started laying off workers associated with last year's billion-dollar acquisition of Palm, as it closes down the mobile device business it planned to base on Palm's webOS. The news comes almost exactly a month after HP announced a sweeping reorganization and refocusing of its business.

HP also confirmed it is in acquisition talks with software maker Autonomy.

Marius Haas, who led Hewlett-Packard's networking business through the 3Com acquisition that made it a broader competitor to Cisco Systems, is leaving the company for investment firm Kohlberg Kravis Roberts.

U.S. bookseller Barnes & Noble might have found a buyer. On Thursday the maker of the Nook e-reader said it has received an acquisition proposal from media conglomerate Liberty Media.

Global technology mergers and acquisitions (M&A) deals grew during the first quarter (Q1) of 2011, according to Ernst & Young's quarterly report, Global Technology M&A Update, January - March 2011.

The U.S. Department of Justice will require Google to develop and license travel software to competitors as a condition of its US$700 million acquisition of travel software maker ITA Software.

The state of New York will investigate AT&T's proposed acquisition of T-Mobile USA for anti-competitive effects, including possible increases in mobile broadband costs for New York residents and businesses, Attorney General Eric Schneiderman said Tuesday.

Lawson Software customers still don't know the fate of the company following Infor's roughly US$1.8 billion acquisition offer earlier this month, with just days to go before Lawson's annual CUE conference in Boston.

AT&T's planned acquisition of T-Mobile USA will advance U.S. leadership in mobile data and improve consumers' wireless experience, the company's top executives said on a conference call Monday morning.

Intel has completed its US$7.68 billion acquisition of security vendor McAfee, the chip maker announced on Monday.

Chinese network equipment supplier Huawei has reversed its stance and has accepted a U.S. panel's recommendation to voluntarily divest from a business acquisition that had drawn national security concerns.