Corporate & legal

Updated 2/12/09 at 9:35 a.m. PST with Pioneer's confirmation.

Pioneer will no longer manufacture televisions and plans to spin off its DVD player business into a joint venture with Sharp, according to a report in Japan's Nikkei newspaper.

The company is reportedly exiting the TV business rather than continue to incur losses in that division. This latest report comes a few months after Pioneer announced it anticipated huge losses at the end of its fiscal year in March and plans to lay off 2,000 workers.

Pioneer had built itself into a widely respected … Read more

After nearly five years of planning and fighting with local cable and phone companies, the Lafayette Utilities System opened its fiber-optic broadband network for business.

The utility began offering service this week, according to the Lafayette, La. local newspaper, The Daily Advertiser. A small number of customers already have phone, TV, and Internet service. And beginning Friday, LUS will begin marketing the service to customers in the first phase of the roll out. LUS plans to roll out service gradually in three phases and expects to offer a triple play service to all residents throughout the city by 2011.

The … Read more

Now that the leadership of Lenovo is back in the hands of Chinese executives, the PC maker says it plans to pay more attention to its home market of China and other emerging markets, according to a report in The Wall Street Journal.

It cut ties with its American CEO Bill Amelio earlier this week after a dreadful financial quarter in which the company lost $97 million. Chairman Yan Yuanqing has taken over as chief executive and company co-founder Liu Chuanzhi is returning to become chairman of the board.

Liu blames the company's current woes on the worldwide financial … Read more

Update at 9:03 a.m. PST: Comments from Sun added.

Barclays Global Investors has signed aboard as a new shareholder in Sun Microsystems, taking a 3.18 percent stake in the struggling hardware maker, according to a U.S. Securities and Exchange Commission filing Thursday.

Sun, whose stock closed up 10.3 percent on Thursday, at $5.48, after heavy trading volume of 21.6 million shares, has seen its stock on the rise since January 30, when it traded at $4.16 a share.

On the day before Sun's shares started their northward trek, the company's … Read more

Google is teaming up with other technology companies to develop specifications that the Federal Communications Commission can use in developing its "white space" database.

Google said earlier this week that it is joining several technology companies, including Comsearch, Dell, HP, Microsoft, Motorola and Neustar, to form a new coalition called the White Spaces Database Group, which will provide and compile into a database technical specifications for devices that will use white space spectrum.

White spaces are unused slivers of spectrum in the 700 MHz band that sit between broadcast TV channels. Google and others successfully lobbied the FCC … Read more

The co-chief executives of Research in Motion and two other executives will pay more than $74.5 million ($92 million Canadian) to settle a stock options-backdating case, under an agreement approved on Thursday by Canada's securities commission.

Co-Chief Executives Jim Balsillie and Mike Lazaridis, Chief Financial Officer Dennis Kavelman, and Finance Director Angelo Loberto have agreed to contribute $31 million to RIM for the benefit they received from the incorrectly priced stock options granted to all employees from 1996 to 2006. They will also pay $36.4 million to defray costs incurred by the company in the investigation and $… Read more

Despite Google's dominance of online search in the U.S., the company still isn't the only player in town.

A study by Forrester found that 55 percent use more than one search engine per week, and that 20 percent of searchers use only Google.

"Users find that other search engines are actually more effective for certain things--like looking up stock quotes or finding news stories," said analyst Shar VanBoskirk in the study.

According to the study, 69 percent of people use Google at least weekly, compared to 50 percent for Yahoo, 18 percent for AOL, and … Read more

The Federal Communications Commission helped clarify Thursday how it will handle requests from broadcasters to turn off their analog TV signals before the new June 12 deadline.

Acting FCC Chairman Michael Copps said during an open meeting that the agency would carefully evaluate which stations can turn off their analog signals before the June 12 deadline. The FCC will likely allow some stations to make the switch early, but it will try to ensure that not every station in a community makes the switch early, leaving unprepared viewers with no access to over-the-air TV.

"We reserve the right to … Read more

After a brief pause, Microsoft's Windows ad campaign will start singing a new tune.

Microsoft plans to debut a new commercial during the Grammy Awards on Sunday that focuses on its Windows Live services as part of the company's overarching Windows ad campaign that began with a short-lived series featuring Bill Gates and Jerry Seinfeld and morphed into the "I'm a PC" campaign that started in September and directly targeted Apple.

The new ad features a 4-year-old girl using Microsoft's Windows Live Photo Gallery. It's part of a new phase for the campaign, … Read more