The Council of Ministers of the European Union (EU) agreed Thursday to pass a new law banning the use of unsolicited email and so-called inertia marketing for the promotion of financial services.
The European Commission confirmed last week that it is merging its two antitrust investigations into Microsoft Corp.'s operating systems, but that it will not seek to block the launch of the company's new operating system, Windows XP.
There is "a good possibility" that the European Commission will merge its two antitrust investigations into Microsoft Corp.'s Windows operating systems, said John Frank, the company's senior corporate attorney Tuesday.
The European Commission said Wednesday it is closing its investigation into Microsoft Corp.'s influence on the digital cable operator market in Europe, after the company agreed to scrap its so-called technology boards.
Embattled Belgian software company Lernout & Hauspie Speech Products NV (L&H) will learn Thursday if it can go ahead with a US$60 million rescue financing agreement with Ableco Finance LLC, a New York lender specializing in making secured loans to troubled or bankrupt companies.