Legal Briefing: HP May Have Bribed Russians

On Thursday, after two years of investigation by the German government, the U.S. Department of Justice and the Securities and Exchange Commission said they would open investigations into whether Hewlett-Packard bribed Russian officials to win a contract with Russia's top criminal prosecuting agency.

Leno's Ratings Bump Isn't All Good News for NBC

Now that Jay Leno has returned to host NBC's Tonight Show, the show is climbing back to the top of late-night ratings. In March, Leno outdrew his main rival on CBS, The Late Show with David Letterman, averaging 4.9 million viewers compared with Letterman's 3.7 million viewers, according to Variety. But the top brass at NBC shouldn't feel vindicated in their decision to reinstall Leno in the 11:30 p.m. time slot quite yet.

Legal Briefing: eBay Didn't Infringe Tiffany's Trademark

In a case that may echo into the Google/YouTube v. Viacom copyright showdown, the 2nd U.S. Circuit Court of Appeals ruled Thursday that eBay is not liable to Tiffany's for trademark infringement, despite the significant volume of counterfeit Tiffany goods auctioned on the site.

Viacom vs. YouTube/Google: Piracy or Not?

As Viacom's three-year-long copyright lawsuit against YouTube/Google reaches a crucial moment, the public finally gets to see each side's briefs in the case. Which company has the better argument? DailyFinance legal correspondent Abigail Field offers us an opinion, and a brief history of the alleged crimes.

Viacom Tried to Buy YouTube Before Google Did

Viacom, the media giant suing YouTube for $1 billion, tried to buy the video site until the very last moment before Google snatched it in 2006. Viacom said buying YouTube would be a "transformative acquisition," according to court documents.

YouTube Knew Illegal Content Drove Growth

YouTube's founders were well-aware of the potential for infringing material on their site to drive growth, court records show. But U.S. District Judge Louis Stanton will have to decide how specific the founders' knowledge of the infringing content was to determine if the site broke the law.

Viacom and Google Trade Barbs in a Billion-Dollar Battle

Viacom's $1 billion lawsuit against YouTube -- which is owned by Google -- burst into public Thursday as both sides released opening statements in the three-year old case. Viacom is trying to show that YouTube flouted the DMCA before and after it was purchased by Google for $1.65 billion in 2006. Google maintains that it has been vigilant about following the law, and accuses Viacom of hypocrisy for actually using YouTube as a promotional vehicle while simultaneously suing the site.

Stocks in the News: Boeing, FedEx, Palm

Somaxon shares gained the most out of all U.S. stocks today, while Boeing shares lifted the Dow and new CEO drove up Barnes and Noble shares. Meanwhile, rumors of a Google, Intel and Sony partnership also moved those stocks.

Viacom's Daily Show and Colbert Report Exit Hulu

The two sides couldn't agree on terms for an extension, apparently because Viacom was asking for a more generous split of ad revenue than Hulu was willing to provide. The move is the latest indication that free video site was too good to be true, or at least to last.

Stocks in the News: Costco, Pfizer, Novell

Investors have more M&A and economic data to digest Wednesday as Costco reports a 25% profit surge, Pfizer mulls a bid for German generic-drug maker Ratiopharm GmbH and new jobs reports offer an update on the state of the U.S. labor market.

Viacom Posts Robust Profit After Cost Cuts

Viacom demonstrated the power of cost-cutting Thursday when it reported fourth-quarter and year-end earnings. Despite a continuing swoon in ad revenues and disappointing video game sales, it posted a Q4 profit of $694 million, more than quadruple what it earned the year before.

Comcast: "One Rung Above Enron and Blackwater"?

The nation's largest cable company tells the federal government that its proposed merger with NBC Universal will benefit the public. That claim was immediately denounced by critics, including one consumer advocacy group that called the cable giant's argument "positively Orwellian."

The new Ted Turner misses the old

Sir Isaac Newton could see as far as he did, he said, because he stood on the shoulders of giants. Ted Turner, it seems, has footprints on either...

Should GE spin off NBC Universal?

General Electric Company (GE) seems to be in the news lately. Part of the reason could be its stock which has fallen 83 percent under its current CEO...

Sirius and Liberty, perfect together?

Sirius XM Satellite Radio Inc. (NASDAQ: SIRI) Chief Executive Mel Karmazin has escaped the hangman's noose -- for now. The money-losing home of...