Nuance Communications

Nuance Shares Up Even After Wozniak Admits His Error

Apple co-founder Steve Wozniak backpedal Tuesday from an earlier statement that Apple had purchased voice recognition software maker Nuance Communications, but despite Woz's proclamation that he was "totally wrong," investors pushed Nuance's shares to a new 52-week high.

Lernout and Hauspie Founders Convicted of Fraud

A Belgian court has convicted Jo Lernout and Pol Hauspie, the founders of the once high-flying speech recognition software company Lernout & Hauspie Speech Products, of fraud for using a variety of means to artificially inflate the company's revenues and income.