Sony's Internet Bank launched Japan's Sony, best known for its PlayStation games consoles, has launched a new banking service that could be used on mobile phones UK chipmaker beats the downturn CML Microsystems bucks the trend and reports record results despite the downturn in the telecoms and technology sectors. AOL forges online deal in China AOL Time Warner hooks up with a Chinese PC maker to develop interactive services for the mass market in China. US 'to lose internet dominance' Europe and the Asia Pacific are poised to overtake North America in the internet access league, researchers have revealed. Sonera boss resigns The chief executive of the Finnish telecoms operator resigns amid reports that the firm is close to being taken over by a Swedish rival. The owner of Argos takes some profit and sells the UK's internet service provider Breathe just six months after rescuing it from bankruptcy.
Pressure piles on One.
The Australian government steps up the pressure on Lachlan Murdoch and James Packer for their role in the failed telecom company One. Peoplesound bought for 20m Italian-owned music website Vitaminic is taking over its rival Peoplesound for 20m. Legal challenge to US piracy law Record makers are being sued by scientists who want to show up the holes in technology being used to protect music against piracy. The French media and utilities giant pulls out of takeover talks with Scoot, sending shares in the UK-based online directory firm into a tailspin. Napster signs deal with music industry Napster, the online song-swapping service, has clinched a deal to become an official distributor for three major labels' internet service.