Facebook Wins $711 Million From Spammer. Facebook Spam Lawsuit Sanford Wallace. Facebook has won a multi-million dollar payout from spammer Sanford Wallace. . Social networking site Facebook was today awarded $711 million in damages in a suit against serial...

billion market cap, to be sure–which would be a big chunk of Amazon’s $35 billion valuation." However, analysts seem to think the deal is plausible. The LA Times cites Jeffrey Lindsay, an analyst at Sanford C. Bernstein & Co. and Steve Weinstein of Pacific...

seems to be very unstable. There are so many pent-up moves for consolidation but it’s hard to say what moves will be successful," said Jeffrey Lindsay, analyst for Sanford C. Berstein. Yahoo board members have less than three weeks left to accept Microsoft...

MySpace has been awarded a record breaking $234 million payout in a lawsuit it filed against an organisation which plagued MySpacers with spam. Sanford Wallace and Walter Rines created accounts with MySpace and used phishing scams to steal the usernames and...

with messages and comments that appear to be from friends or people they know trying to sell them something they probably don’t need. Last month the site was on the right side of a $230 million spamming verdict in a case against notorious spammers, Sanford...

Closer look at previous earning reports reveal that Macintosh and iPod sales combined now account for over 75 percent of revenue. Sanford C. Bernstein & Co. computer analyst Toni Sacconaghi thinks that US tax rebates created to stimulate the economy in 130...

the CAN-SPAM Act. The case echoes a similar payout for MySpace a few months back. A federal judge awarded the News Corp owned site $230 million in a suit against Sanford Wallace and Walter Rines. Like with Guerbuez, neither Rines nor Wallace turned up to the...

the Mountain View search giant backed out of the deal just three hours before the Department of Justice was due to file an antitrust complaint. According to ComputerWorld, Sanford Litvack, the attorney who was to act as lead counsel on the antitrust case said...