February 2, 1999 |
Microsoft Corp. integrated a Web browser into its Windows operating system to meet a threat from rival browsers, according to a Microsoft executive's testimony introduced at the company's antitrust trial Monday. The testimony is important because the Justice Department and 19 states charge that Microsoft integrated Internet Explorer into Windows 98 primarily to compete unfairly against a rival browser made by Netscape Communications Corp.
June 15, 1999 |
Microsoft Corp. sought to show at its trial Monday that it faces a competitive threat from America Online Inc. that makes antitrust allegations irrelevant, but the judge was skeptical about its line of questioning. The Justice Department, satisfied that little damage had been done, decided against cross-examining Microsoft's witness. The trial will break until Wednesday, when the software giant's next rebuttal witness will be in Washington.
September 23, 2000 |
Sotheby's Holdings Inc. and Christie's International reached a tentative agreement to pay $512 million to settle a private class-action suit over price fixing, the New York Times reported, citing unidentified lawyers. The two biggest auction houses would each pay $256 million to end claims brought by more than 120,000 buyers and sellers, the paper said, citing the lawyers. The tentative civil settlement might include payments from former Sotheby's Chairman A.
January 1, 2003 |
Tyco International Ltd. shares surged nearly 12% Tuesday as investors took heart that a massive internal probe failed to find any significant accounting fraud during the regime of indicted former Chairman L. Dennis Kozlowski. "The lawyers and forensic [accounting] teams were playing the role of bomb-sniffing dogs, and they confirmed that there are not any bombs to defuse," said Glenn Reynolds, a credit analyst at research firm CreditSights Inc.
January 23, 2001 |
Designer Calvin Klein and Linda Wachner, chief executive of Warnaco Group Inc., reached an eleventh-hour settlement of their trade infringement battle Monday, avoiding a federal trial and preserving a lucrative partnership. The two fashion heavyweights sealed the deal with a handshake and air kisses in a Manhattan courtroom only minutes before a judge was to begin picking a jury for Calvin Klein Inc.'s lawsuit against Warnaco.
December 16, 1998 |
In a lull between witnesses, the government Tuesday played videotape in court of Microsoft Corp. Chairman Bill Gates denying that his company regularly tracks how many customers use its dominant Windows operating system. On the tape, government lawyers also asked Gates about a March 1994 e-mail in which an executive suggested that Microsoft's licensing of Windows to IBM Corp. "should be used to apply some pressure" to discourage IBM from selling a product from Lotus Development Corp.
December 1, 1998 |
The government's lead attorney in its antitrust case against Microsoft Corp. criticized the software giant on Monday for a newspaper ad that attempts to undermine the government's case. The advertisement, which took up nearly a full page in the Wall Street Journal and four other newspapers Monday, continues a bid by Microsoft to try to capitalize on the proposed purchase of its rival Netscape Communications Corp. by America Online Inc. for $4.2 billion.
May 15, 1997
George Steinbrenner's attorney criticized baseball's executive council Wednesday, saying some owners "are trying to take some of the Yankees' money for their teams." A day after Steinbrenner was suspended from baseball's ruling body for suing the sport, Yankee attorney David Boies said the suit probably will be served within several days, which would lead to an injunction hearing.
July 9, 2003 |
After squabbling for weeks with Viacom Inc. over plans to rename its TNN cable network Spike TV, filmmaker Spike Lee said he looked forward to working with the entertainment giant. "I no longer believe that Viacom deliberately intended to trade on my name when naming Spike TV," Lee said in the statement, which was released as his lawyer, Johnnie L. Cochran Jr., and Viacom attorney David Boies finalized a settlement.