The U.S. has moved to seize assets of the Alavi Foundation, which purports to be "a private not-for-profit organization devoted to the promotion and support of Islamic culture and Persian language, literature and civilization." In doing so, federal authorities said the Foundation is a front for the goverment of Iran.

It's a good day for AMD, and probably a good day for Intel as well. As we reported earlier, Intel and AMD have settled their disputes, which centered around antitrust and licensing issues. The companies detailed the settlement in a 7AM PST press conference.

Intel and rival chipmaker AMD have battled for years. Some of the battles have been the normal type seen in the tech industry: with competing products. Others have been in the courtroom,. On Thursday, Intel announced it will pay AMD $1.25 billion to settle their patent and antitrust disputes.

It is probably safe to say that Carly Simon is not drinking any Starbucks coffee these days. On Friday, Simon filed a lawsuit against Starbucks for failing to properly promote her album "This Kind of Love."

Phoenix Media/Communications is suing the social networking site Facebook. Phoenix, which owns The Boston Phoenix and other local alternative weeklies and websites, filed the lawsuit in US Disrict Court in Boston on Wednesday stating that Facebook has allegedly violated a patent related to setting up online personal profile pages.

Toyota, already having a recent spate of bad news over a massive 3.8 million vehicle recall (over floor mats, no less), is facing more trouble. It's possible, though admittedly unlikely, that Toyota could find its Prius, the most popular hybrid car made, banned, along with other Toyota hybrids.

Talk show host Oprah Winfrey and Dr. Mehmet Oz, the New York-Presbyterian Hospital Columbia doctor who is a regular guest on her show, Wednesday sued advertisers using their names without permission in Internet ads. The ads generally center around dietary supplements.

Tuesday was a busy day for Microsoft in the courts. At the end of day, the software giant was facing two new patent infringement lawsuits.

Trina Thompson, 27, filed a lawsuit last week against Monroe College in Bronx Supreme Court. As she has been unable to find employment since graduating, she is suing for the $70,000 she paid in tuition.

Star Pittsburgh Steelers QB Ben Roethlisberger has been named as a defendant in a lawsuit filed by a woman in Nevada. The lawsuit names a total of nine defendants. Andrea McNulty is listed as the plaintiff.

Richard Scrushy, former CEO of HealthSouth, was hit with a $2.88 billion civil judgement, the largest financial penalty ever leveled against a single executive. Mr. Scrushy was accused of inflating HealthSouth's earnings for more than six years and enjoying $40 million paydays for all of his hard work building the company.

After facing heat in the form of threatened criminal charges as well as already existing lawsuits, Craigslist on Wednesday announced it will drop its "erotic services" section, and replace it with a new adult section that will be monitored by Craigslist employees.