`STRANGLEHOLD': The US Federal Trade Commission is investigating whether the company's plan to acquire DoubleClick would stifle competition in online advertising
The chairman of a US Senate antitrust panel said on Thursday that Google Inc's proposed US$3.1 billion acquisition of online advertising firm DoubleClick Inc "warrants close examination" by federal regulators.

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Sales of the exclusive Xbox 360 video game Halo 3 rocketed to US$170 million on opening day, marking an historic debut that outdid the final Harry Potter novel and the film Spiderman 3.

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IN A RUT: The feature is joining several others the company has scrapped in its effort to snap out of a financial funk that has depressed its stock price
Yahoo Inc will jettison a little-used service for finding and rating podcasts, or online audio programs, as the latest casualty of the Internet company's rejuvenation effort.

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US oil giant ConocoPhillips and agribusiness leader Archer Daniels Midland Co announced on Thursday plans to collaborate on a new renewable "biocrude" fuel made from crops, wood and other sources.

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BRANCHING OUT: The Palm Centro reflects the firm's new strategy of offering a variety of designs and prices, instead of its one-size-fits-all approach with the Treo
Shares of Palm Inc rose more than 6 percent after the smartphone maker unveiled a trimmer, more affordable model designed to fight back against the onslaught of competition and attract more customers.

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The German bank IKB which was caught up in the US high-risk mortgage debacle, expects to post a loss of up to 700 million euros (US$990 million) for this fiscal year, it said yesterday.

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■ FINANCE
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