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AMD Buckles Under Near-$400M Loss

Amid a sea of largely positive technology earnings, Advanced Micro Devices posted mixed results Thursday, with acquisition costs denting profits even as the company shipped a record-high number of processors for a third quarter ...

Google Dazzles Street With 46 Percent Profit Jump

One quarter after delivering a rare earnings miss, Google promptly returned to form Thursday, trouncing analyst expectations with strong revenue and earnings growth for its third quarter ...

Apple, HP Big Winners as PCs Sell Like Gangbusters

Worldwide shipments of personal computers grew more than 14 percent in the third quarter, according to two reports, with HP and Apple posting strong market share gains ...

Skype Write-Off Has eBay Seeing Red

A massive write-down in the value of its Skype Internet calling subsidiary sent eBay to its first quarterly loss in its nearly decade-long history as a public company, but the auction giant otherwise managed to beat expectations and boosted its outlook ...

IBM’s Q3 Profit Overshadowed by Dip in Hardware Sales

IBM's hardware sales fell in its third quarter, but stronger software sales and service contracts helped the company post positive results ...

AOL Identity Crisis Costs 2,000 More Jobs

Time Warner's AOL unit will reduce its workforce by 2,000 more workers as the once massive Internet company continues a transformation designed to better enable it to compete in the current Web marketplace ...

SC Says RICO Class Action Against Microsoft, Best Buy Can Continue

The U.S. Supreme Court Monday declined to take up an appeal brought by Microsoft and Best Buy, who wanted the high court to overturn a lower court decision that allowed a lawsuit alleging fraud and racketeering to move forward ...

Patent Suit Against Red Hat, Novell Threatens Open Source World

Two companies have hit Linux vendors Red Hat and Novell with a patent infringement lawsuit alleging their products use technology first patented more than a decade ago ...

EA to Drop More Than $800M for Two Indie Game Studios

Electronic Arts will pay more than US$800 million to buy two video game studios from the private equity firm that purchased them two years ago ...

Virgin Mobile IPO Gets Lukewarm Applause

Virgin Mobile USA staged its long-anticipated initial public offering Thursday, raising more than US$400 million in the process, but investors gave the shares a fairly modest boost out of the gate ...

Move to Cheaper Handsets Pares Sony Ericsson Profit

Sony Ericsson posted quarterly results that show it continues to gain market share against some competitors but is doing so at the expense of its bottom line ...

Google Buys Jaiku/You Can Send Your Friends Your Thoughts/Very Poetic

Google has reached a deal to buy a Swedish firm that makes a social networking application that lets users blast their extended networks of friends with micro-blogs whether they're on a PC or a mobile phone ...

NBC Pumps Oxygen Into Fem-Oriented Media Mix

NBC Universal (NBCU) will purchase Oxygen Media, the operator of a cable channel aimed at women, for US$925 million, a move that dovetails with media and entertainment company's 2006 purchase of the iVillage online network for $600 million ...

Sprint’s Forsee Forced Out Over Lackluster Performance

Sprint Nextel CEO Gary Forsee stepped down Monday amid mounting pressure from investors of the telecommunication company, which said it would launch a worldwide search for its next leader ...

Sued Song Swapper Strikes Back

The legal saga of the first file-sharing lawsuit brought by the record labels to make it before a jury isn't over just yet ...

Down, Not Out: Vonage Rebounds on Settlement With Sprint

Vonage saw its stock soar some 75 percent Monday after the Voice over Internet Protocol (VoIP) firm settled a patent infringement dispute with Sprint Nextel that gives it the right to use Sprint technology going forward. The settlement could help Vonage turn a punishing legal setback into a positive development ...

NJ Nabs 41 in Online Child Porn Sweep

In one of the most sweeping domestic law enforcement actions against online child pornography in recent times, New Jersey officials announced on Thursday the arrests of 41 people for possession or distribution of graphic images of child molestation ...

Jury Awards $222K in Watershed Music File-Sharing Case

The music industry emerged victorious in the first file-sharing lawsuit to go to trial, with a federal court jury ruling a Minnesota woman was liable for swapping two dozen songs and ordered her to pay US$222,000 to Capitol Records ...

‘Did She or Didn’t She’ File-Sharing Case Goes to Jury

One of the first file-sharing lawsuits to go to trial could be concluded Thursday, and while the case is being closely watched, the Recording Industry Association of America (RIAA) said it will continue to pursue legal action against alleged music pirates regardless of the outcome ...

EU Gives Sony BMG Union Second Blessing After Closer Look

Three years after Sony Music Entertainment and BMG Entertainment finalized their Sony BMG joint venture, antitrust regulators from the European Union have again cleared the music industry deal. The decision followed a court-ordered review of the impacts on small record labels ...

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