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Monthly archive July, 2009

Unidentifed Symantec investor proposes lower ownership threshold for calling special meetings

symantec-logo1A proposal on the agenda of Symantec's Sept. 23 annual meeting calls for lowering the threshold of how much an investor owns of the company's stock in order to Read More →

Level 3 stepping out on Infinera in tryst with another vendor

infinera-logoInfinera, the Sunnyvale supplier of digital optical networking gear to telecommunications providers, got some bad news Wednesday from one of its biggest customers. Level 3 Communications told Infinera Wednesday that it Read More →

Xtent throws cold water on hopes for finding a suitor

xtent_logo1Xtent, the Menlo Park development-stage medical device company that postponed a special shareholder meeting earlier this month at which it was to seek permission to liquidate its assets in Read More →

VirnetX shares double on Microsoft patent litigation development

virnetx-logoShares of VirnetX, the developer of Internet-calling and instant messaging software that sued Microsoft in 2007 claiming the software giant infringed three of its patents, doubled in value today after the Read More →

Tablet leak is a bitter pill for TechCrunch

Oh, this is rich. TechCrunch honcho Michael Arrington, who a couple of weeks ago was vigorously defending the rectitude of publishing stolen internal corporate documents (see "TechCrunch to curate exhibit of loot from Twitter heist"), is now all bent Read More →

Sony gives blessing to viral wedding video, rings up sales

If you haven't seen the "JK Wedding Entrance Dance" video on YouTube yet, go take a look. You'll get a laugh (and if you're the sentimental type, maybe even a little lump in the throat) watching the members of Read More →
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