Corporate & legal

Updated at 2:22 p.m. PDT. See below.

South Korea's largest wireless provider is said to be in discussions with Sprint about a potential acquisition, according to a report on CNBC's Web site.

Citing "people familiar with the situation," CNBC says that SK Telecom is interested in acquiring the much larger Sprint Nextel, but that any deal is still "weeks away," and that Sprint's own board of directors is "divided" about whether to sell the company at all.

The report says that SK Telecom will not pursue Sprint if it … Read more

YouTube will be allowed to mask important user information from records it must turn over to Viacom, Google said in a blog post Monday.

"Viacom and the other litigants have backed off their demand for YouTube user viewing histories," Google said in a statement. "We have reached agreement to anonymize the data."

A Viacom spokesman declined to comment.

The move comes after a federal court earlier this month ordered Google's YouTube to hand over usernames, IP addresses, and viewing histories to Viacom, parent company of Comedy Central and MTV. This ignited a controversy over Internet … Read more

eBay cannot be forced to police its auction listings to identify counterfeit Tiffany & Co. products, a federal judge ruled on Monday in a lawsuit brought by the iconic 171-year-old jewelry company.

In what could become a landmark case for auction Web sites, the court said trademark law cannot be used to force eBay to shoulder the burden of examining individual auction listings for possible counterfeits.

"The court is not unsympathetic to Tiffany and other rights holders who have invested enormous resources in developing their brands, only to see them illicitly and efficiently exploited by others on the Internet,&… Read more

Update: at 9:05 p.m. PDT Saturday to include Viacom's response.

Viacom wants to know which videos YouTube employees have watched and uploaded to the site, and Google is refusing to provide that information, CNET News has learned.

This dispute is the reason the two companies, and lawyers representing a group of other copyright holders suing Google, have failed to reach a final agreement on anonymizing personal information belonging to YouTube users, according to two sources close to the situation.

As part of Viacom's $1 billion copyright suit against Google's YouTube, a federal judge ordered the video-sharing site … Read more

Don't believe everything you read on Bebo.

That's the message an angry mother is sending by suing six U.K. newspapers that lifted a story off social-networking site Bebo about her daughter's supposed wild party.

The Bebo invite promised the "party of the year," for the teenager's 16th birthday. Subsequent posts on Jodie Hudson's Bebo account spoke of underage drinking, sex acts, and violence that occurred at the celebration.

Several newspapers ran the story, along with pictures lifted from Jodie Hudson's Bebo account, alleging that 400 partying teens responded to the Bebo … Read more

Advanced Micro Devices announced Friday that it would take a total of $948 million in charges in the second quarter, sending its stock down as much as 7 percent in early morning trading.

Shares of the chipmaker fell as low as $4.60 a share in early trading, or down approximately 7 percent. AMD was trading at $4.82, down 2.8 percent, later in the morning.

AMD noted the bulk of its charges will come from a continuing deterioration in the goodwill value of its former ATI handheld and DTV units, which are part of AMD's Consumer Electronics … Read more

Federal Communications Commission Chairman Kevin Martin will recommend sanctions against cable company Comcast for allegedly blocking access to file-sharing traffic, the Associated Press has reported.

"The commission has adopted a set of principles that protects consumers' access to the Internet," the AP quoted Martin saying. "We found that Comcast's actions in this instance violated our principles."

The AP said Martin would circulate the order to his fellow commissioners on Friday, who will vote on the measure at an open meeting on August 1.

Comcast has been sharply criticized in recent months for slowing down peer-to-peer … Read more

The U.S. Justice Department has ended its two-year criminal probe of backdated stock options at Apple and has decided not to file charges against current and former executives, including CEO Steve Jobs, according to a report Thursday in The Wall Street Journal.

Apple and the Justice Department declined to comment, but attorneys for two subjects of the probe told the newspaper that they had been notified that the investigation had concluded

"We were always confident that after a full and fair review of the facts, there could be no other outcome," Cris Arguedas, a lawyer for former … Read more

Rambus is suing Nvidia, accusing the company of violating 17 Rambus-held patents on memory controllers. The suit was filed Thursday in the U.S. District Court for the Northern District of California.

The Los Altos, Calif.-based company says that chipsets, graphics processers, and media communication processors across six different Nvidia product lines are illegally infringing. The patents held concern memory controllers for SDR, DDR, DDR2, DDR3, GDDR, and GDDR3 SDRAM.

Rambus is asking the court for an injunction (which would stop Nvidia from selling the products at issue), as well as monetary damages.

In a prepared statement, Rambus' head … Read more