This week, Time Warner, the world's largest media company, was rocked again courtesy of its AOL subsidiary. The Washington Post reported the Securities and Exchange Commission, after a nearly two-year investigation, is poised to take action against Time Warner in connection with allegations that it improperly booked $400 million in advertising revenue.

Google denied reports yesterday that it is considering changes to its new e-mail service to placate privacy concerns. The Wall Street Journal reported yesterday that the Mountain View, CA, search engine is actively considering alterations to Gmail that would include a way for e-mail customers to choose not to receive paid listings next to some of their messages. It quoted Google co-founder Sergey Brin saying the idea was "being batted about."

The Adelphia Communications Corporation issued several false financial statements by inflating the number of subscribers to its basic cable and high-speed Internet services, the company's former director for investor relations testified yesterday.

AT&T Wireless began offering its U.S. subscribers a service Thursday that uses mobile phones to identify the names and performers of more than 1 million popular songs.

The public comment period on a Justice Department proposal to make the Internet easier to wiretap ended Monday with most of the filed comments tracing a clean line between two opposing camps:

Joining an increasingly crowded field, online retailer Amazon.com quietly launched a search service to help Web surfers find information - including products from its store - on the Internet.

Adware maker WhenU.com filed a lawsuit in Utah state court to quash the recently enacted anti-spyware law on the grounds that it violates existing federal and state law. WhenU.com's motion, filed in Salt Lake City judicial court, said the law, while designed to protect computer users' privacy, actually serves to protect online merchants from competition.

Yahoo CEO Terry Semel has added roughly $60 million to his wealth after selling his greatest number of stock options since taking the helm.

Scams, spam, security, speed and survival -- those are the issues under discussion this week at ISPCon, a trade show primarily for independent Internet service providers.

RealNetworks made a direct appeal last week to Apple Computer, its Internet music rival, suggesting that the two companies form a common front against Microsoft in the digital music business.