Viacom Board Approves Separation

Viacom's board of directors has given the greenlight to the company's split into two separate entities through a spin-off to shareholders. Both companies will be publicly traded.

Yahoo Punches DialPad And Gets VoIP

Yahoo continues to add to their myriad of services with the recent acquisition of DialPad. DialPad is an Internet telephony provider and will give Yahoo a nice lift further into the market.

Napster and Ericsson Conjure Wireless Downloads

Peer to peer pioneer Napster and wireless wizard Ericsson announced plans to develop a wireless downloading service. The plan is to integrate Ericsson's digital music service and Napster's digital download expertise into a strong plan for wireless users.