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For just the second time in its history as a public company, Google disappointed investors with its earnings report, saying Thursday that sales and earnings were up but posting profits that were below Wall Street expectations ...

Sales of personal computers around the world rose faster than forecast in the second quarter thanks to strong business sales, with HP retaining the title of global sales leader ...

IBM continued its recent run of strong growth in the second quarter, posting a double-digit profit increase on strong sales fueled by service and software ...

Microsoft's search unit scored significant gains in June thanks to its newly launched Live Search Club, according to new data that also showed Google's share of the Web search market slipping below 50 percent ...

Google's Enterprise unit continued its recent barrage of product rollouts and other moves, unveiling Google Custom Search Business Edition, a paid version of its popular ad-supported site search tool ...

IBM has landed a US$1.4 billion contract to provide outsourced information technology services to pharmaceutical giant AstraZeneca, a deal that boosts IBM's service arm and enhances its reputation in the key life sciences vertical ...

Shares of Verizon soared in early trading Monday on the heels of a published report suggesting that UK-based Vodafone was mulling whether to offer as much as US$160 billion to acquire the U.S. telecommunications giant ...

Hoping to put its run-in with the options backdating scandal to rest, VeriSign said on Thursday it will replace its chief financial officer and restate results for four full years ...

An appeals court declined to issue a stay on steep hikes in royalty fees for Internet radio, clearing the way for the new fees and 18 months of retroactive collections -- which some say could kill Web radio -- to come due on Sunday ...

Motorola's second-quarter results will miss already lowered expectations as overseas sales fell short of targets, the company said, ratcheting up the pressure on CEO Ed Zander to jolt the troubled mobile handset maker from its prolonged funk ...

Time Warner's AOL has reached a settlement with 48 states attorneys general that calls for the online service to pay US$3 million, offer refunds to some customers and make it easier for people to cancel service in the future ...

Michael Capellas, the former CEO of PC maker Compaq and long-distance company MCI, has been tapped to lead First Data after the payment processing firm's planned private equity buyout is completed ...

Amazon.com began offering users of the TiVo digital video recorder the opportunity to purchase and download movies directly from their television sets, a move that takes the personal computer out of the Web-based download equation for the first time ...

Chipmaker Intel has acquired a minor ownership stake in EMC's VMware software unit, a move that comes as the storage company readies its fast-growing server virtualization subsidiary for an initial public offering (IPO) ...

Samsung and Ericsson have agreed to end patent infringement lawsuits against each other, signing an agreement to cross-license their mobile technologies instead ...

Google will buy on-demand Web security provider Postini for US$625 million in cash, a move that the search giant hopes will help lower a key hurdle to broader adoption of its on-demand, Web-based applications targeted at business users ...

Sony has no plans to cut the price of its PlayStation 3 consoles, Sony President Ryoji Chubachi told Reuters during a press interview, despite hints from the electronics giant that it might do so in order to rev up disappointing sales figures ...

Microsoft will open a software development center in Canada by the end of the year, a move that will enable the software giant to hire more foreign workers without running up against the limitations of U.S. immigration law ...

With Nintendo's Wii continuing to set the pace for gaming console sales, Microsoft said it is planning an October launch date in Japan for the upgraded version of its Xbox 360 console ...

After years of waiting and lobbying, Research In Motion (RIM) has finally won governmental approval to sell its BlackBerry mobile e-mail devices to users in China ...