Interactive Week reports that Broadcom Corp. (Nasdaq: BRCM) will acquire networking chip maker SiByte Inc. in a deal worth up to $2 billion.

Interactive Week reports that the networking giant is on a mission to convince service providers that their future lies in managing content networks for business and providing entertainment to consumers.

A Reuters item on News.com states that a three member expert panel including Vint Cerf, regarded as the “father of the Internet,” is expected to tell a Paris court today that it is technologically feasible for Yahoo to block French Internet users from its online Auction sites. It is illegal to sell or trade Nazi items in France.

From News.com: Microsoft claimed the No. 1 spot among at-home Internet users in August for the first time since March, according to a report to be released Monday.

News.com details a new collaboration between Compaq and Microsoft to develop wireless devices for corporate networks. The two companies are hedging bets that the real money in wireless access will come from corporations eager for employees to connect cable-free to the corporate LAN.

ZDNet’s Stan Gibson comments on the latest fad for dotcom businesses: turning a profit. “The bottom line is if you want to thrive in e-business today, you’ve got to know how to produce a thriving bottom line.”

From an Associated Press report: “The government is raising salaries by as much as 33 percent for thousands of technology workers in an effort to better compete with private companies for employees. The raises, which take effect Jan. 1, are targeted at hiring and retaining younger information technology workers and are tailored to pay competitively in the nation’s high-tech corridors.

ZDNet’s Peter Coffee comments on the Florida court ruling that forced Yahoo to reveal the identities of chat room participants who had criticized a company executive. “Freedom on the Internet may be like freedom of the press: You have to own a press to use it freely, and you have to own a Web server to be safe from others’ actions that might reveal your identity.”

The two top executives at Bertelsmann AG’s BMG Entertainment division have resigned, apparently in disagreement with CEO Thomas Middelhoff’s plans at restructuring online distribution. Read the bulletin from ZDNet. Update: the Chicago Tribune is reporting that the two executives were “ousted” from BMG and will be replaced by Rudi Gassner, a company veteran who quit in January after a long-lasting feud with the two departing executives.

From a Wall Street Journal report on ZDNet: Federal antitrust enforcers made progress toward an agreement with merger partners America Online Inc. and Time Warner Inc. that would force the companies to open high-speed cable lines to one or more Internet competitors in each city served by Time Warner, people close to the talks say.