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Shareholders upset about Yahoo's lagging performance -- compared with Google's market dominance -- forced CEO Terry Semel to defend the company's market strategy, even as he and other company-backed officers were re-elected to the portal's board of directors ...

Chipmaker Texas Instruments narrowed its second-quarter fiscal outlook late Monday, reducing the high end of its forecast range on weaker demand for wireless networking gear and calculators sold to the education market ...

IBM will acquire Sweden-based Telelogic in a US$745 million cash deal, one that gives IBM access to a leading provider of application lifecycle management products ...

Qwest Communications Chairman and CEO Richard C. Notebaert plans to retire from both positions as soon as a successor can be found, the telecommunications carrier said Monday ...

The hedge funds that earlier this week called for online broker TD Ameritrade to find a merger partner renewed their call for the strategic move, saying the company is ignoring a "massive value creation opportunity." ...

Mobile phone technology maker Qualcomm plans to ask the White House to step into a trade and patent dispute with rival Broadcom, hoping the Bush administration will overturn a trade ruling that could ban new models of third-general mobile phones containing the company's technology from being sold in the U.S ...

Online advertising continues to grow at a steady pace, with first quarter spending on Web-based advertising reaching a record level of US$4.9 billion ...

eBay will move to ban international sales of ivory-based products from its auction platform, the company said, citing a recent report showing that the vast majority of such items contain illegally obtained ivory ...

Openwave Systems, a top provider of software solutions used in the communications industry, has rejected an offer to be bought out and taken private, bucking a recent trend that has seen scores of companies swallowed up by private equity firms ...

Search engine Ask.com unveiled a major overhaul Tuesday that includes a new user interface and a wider variety of content, including video, returned in regular search results ...

Ending weeks of speculation, Salesforce.com has unveiled an expanded partnership with Google that will start by combining the on-demand software firm's Web-based CRM product with Google AdWords ...

Google has struck a deal with Hearst-Argyle Television to have local news content from the company's local TV affiliates made available on YouTube, with the TV stations sharing in the revenue generated when video clips are viewed online ...

Palm, the handheld device maker that has been searching for a way to rejuvenate its business in the face of competition from the BlackBerry and other smartphones, will sell an ownership stake to a private equity firm, raising US$325 million that it will turn over to shareholders ...

The arrest of a Seattle man said to be one of the most prolific spammers in Internet history is sending shockwaves across the e-mail world, but the arrest likely will do little to stem the flood of unwanted messages deluging in-boxes around the globe ...

In the most dramatic move yet in what has become an extreme makeover, Dell said Thursday it would cut some 8,800 workers from its payroll over the next year ...

eBay has bought community-based Web search tool StumbleUpon for US$75 million. The auction giant is once again reaching outside its core business for a strategic acquisition -- one that straddles search and social networking ...

Motorola will cut another 4,000 jobs on top of the 3,500 layoffs it previously announced, the company said Wednesday. This move sets up the No. 2 handset maker to slash 10 percent of its workforce as it bids for enhanced profitability ...

IBM has cut more than 1,500 additional jobs from its information technology services unit, the company said Wednesday. The move is the latest in a series of changes to revamp the company to better compete in a changing technology landscape ...

Domain name registrar and Web site hosting firm GoDaddy has reached an agreement to take over tens of thousands of domain names maintained by a rival firm that is about to lose its accreditation to register and host Web addresses ...

The Federal Trade Commission (FTC) reportedly is formally investigating Google's proposed takeover of interactive ad firm DoubleClick, with the agency weighing both the potential antitrust and consumer privacy issues of the blockbuster deal ...