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Bidders vie for online video website Hulu

The Wall Street Journal on Monday reported that several bidders have stepped up to vie for Hulu, an online video website that Internet pioneer Yahoo was said to be eyeing as an acquisition.

Skype buys messaging startup GroupMe

Skype, the Internet communications group set to be acquired by Microsoft, announced plans to buy the mobile messaging startup firm GroupMe for undisclosed terms.

S&P further downgrades Nokia after NSN purchase

Ratings agency Standard and Poor's on Friday downgraded Nokia Corp.'s credit rating, citing the deal this week to buy out Siemens from its Nokia Siemens Networks joint venture for 1.7 billion euros ($2.21 billion).

Deloitte denies HP claim on audit missteps

The audit and consulting firm Deloitte on Wednesday rejected claims by US tech giant Hewlett-Packard that it missed "accounting improprieties" at the British firm Autonomy ahead of a takeover.

Seeking display ad boost, Google buys Admeld

Google, bidding to boost revenue from display advertising, announced the acquisition on Monday of Admeld, a New York-based company that provides an advertising platform for publishers.

US panel: China tech giants pose security threat (Update)

(AP)—American companies should avoid sourcing network equipment from China's two leading technology firms because they pose a national security threat to the United States, the House Intelligence Committee warned Monday.

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