A US court has thrown out a $4.1bn lawsuit that was levelled against Skype.

Swedish bank Nordea has told ZDNet UK that it has been stung for between seven and eight million Swedish krona — up to £580,000 — in what security company McAfee is describing as the "biggest ever" online bank heist.

European Union investigators have recommended that competition commissioner Neelie Kroes formally charge Intel with thwarting competition in the chip market, The Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Microsoft has poached IBM's chief architect as part of a recruitment drive to bring more web expertise into the company.

Businesses looking to set up a private communications network should find the process easier from next year, when the licensing process will be significantly restructured.

Sales of Windows Vista to businesses were stronger than expected during the operating system's debut month, according to a report from NPD Group.

It would be news if IBM didn't get the most U.S. patents in 2006.

Small and medium-sized enterprises in the UK will up their IT budgets by 10.7 percent in 2007, more than twice the rate seen in France and Germany, according to AMR Research.

Cisco Systems said Thursday it will pay $830 million in cash and stock for e-mail security company IronPort Systems.

A UK company has announced it will build a factory to produce flexible display technology components for use in commercially available e-paper products.

Google might have purchased YouTube for $1.65 billion last year, but that certainly hasn't marked the end of the Mountain View, Calif. company's forays into online video. Last week, Bloomberg reported that Google would be investing in Shenzhen Xunlei Network Technology, a video download service based in China. Google operates its own Chinese search engine, and unlike its American counterpart, it's an underdog: the Beijing-based Baidu holds the largest share of the Chinese search market. Both Google China and Baidu had been looking to expand into online video services over the past month, and Google's investment in Xunlei solidifies that commitment. China, after all, may be on the fast track to surpassing the U.S. as the nation with the most Internet users, according to recent data.

Britain's online spending in the run up to Christmas has exceeded expectations, according to the global e-retailing body, Interactive Media in Retail Group.