AP - Internet startup Livedoor Co. was hit with the largest fine ever in corporate Japanese history for violating securities laws Friday, the latest blow in a scandal that has led to seven convictions for former executives and accountants.

AFP - Business software giant Oracle sued rival SAP in US federal court Thursday, charging the German firm with the online looting of its software libraries to gain a competitive advantage.

AP - In Big Media's latest attempt to combat Google Inc.'s YouTube, NBC Universal and News Corp. are banding together with AOL, MSN and Yahoo Inc. to form an ad-supported online video network for full-length TV shows, video clips and movies.

Reuters - The Walt Disney Co. will test a "watch-and-chat" feature next week on its ABC Family Channel Web site that lets groups of viewers watch TV shows on the Internet and chat about them at the same time.

Reuters - News Corp. and NBC Universal said on Thursday they will launch a free online video site this summer, featuring full-length movies and television shows in a challenge to Google Inc.'s YouTube.

Reuters - The U.S. Federal Communications Commission took a small step to address a growing debate on whether high-speed Internet providers like AT&T Inc. and Comcast Corp. should be barred from charging extra fees to guarantee access to the Internet.