Concerns for the health of popular Apple executive Steve Jobs and a worse than expected forecast for fourth quarter earnings and revenue shot down Apple's stock after the market closed.

Storage networking company Brocade Communications Systems has agreed to acquire enterprise LAN vendor Foundry Networks for approximately US$3 billion, the companies announced Monday.

Yahoo has reached an agreement to end a proxy fight with investor Carl Icahn, who will take a seat on the company's board after the annual stockholders' meeting, Yahoo said Monday.

Over 400 Apple enthusiasts lined up Saturday morning -- some queueing since Friday night -- to be among the first customers at the opening of China's first Apple Store in Beijing.

Legg Mason, one of the largest holders of Yahoo stock, will back the company's recommendations for its board of directors instead of those offered by dissident investor Carl Icahn.

The woman formerly responsible for managing Microsoft's Internet domain names has been sentenced to nearly two years in prison for bilking her employer out of US$1 million in fake registration fees.

Microsoft Thursday announced it has topped US$60 billion in yearly revenue for the first time in its history and posted a 25% year-over-year gain in net income for its fiscal year 2008.

While it still would present some integration challenges, AOL might be easier for Microsoft to absorb than Yahoo from a cultural and political perspective now that Microsoft's battle for Yahoo has gotten so ugly.

Advanced Micro Devices has replaced Hector Ruiz with Dirk Meyer as its CEO, as the company reported its seventh consecutive quarterly net loss on Thursday.

The European Commission Thursday sent Intel a new set of antitrust charges, the second such charge list within a year, Europe's top regulator said in a statement.

The worldwide PC market grew at a healthy 15.3 percent in the second quarter but the weak economy means tough times and possibly a wave of consolidation may lie ahead for PC makers, according to surveys released Wednesday.

Stocks of the new iPhone 3G at Apple Inc.'s retail stores continue to dwindle, with just 26% of the company's outlets showing they have devices to sell Wednesday.

Microsoft is meeting with AOL executives Wednesday to talk about the two companies combining AOL and Microsoft's online division, according to a news report.

The chairman and CEO of United Microelectronics (UMC), the second-largest contract chip maker in the world, announced his resignation on Wednesday, with the company immediately naming his replacements.

IBM will invest $1.5 billion to boost its semiconductor manufacturing and research efforts in New York State, the company announced on Tuesday.

Yahoo CEO Jerry Yang has told Microsoft executives that the company's search advertising deal with Google would reduce the Internet search market from two poles to one, Microsoft general counsel Brad Smith told U.S. lawmakers Tuesday.

Delivery of TV programming over Internet Protocol connections (IPTV) is growing at rapid pace, with the number of subscribers more than doubling for the second year running, according to a report from industry organization The Broadband Forum.

The retail price of text messaging while roaming should initially be capped at close to ?0.11 (US$0.17) per message, but then fall toward a long-term goal of around ?0.04 per message, the European Commissioner for the Information Society said Tuesday, unveiling plans to regulate the market for mobile phone messaging in Europe.

Intel on Monday launched Centrino 2, its latest mobile platform, which the company claims will increase laptop battery life while delivering speedier performance and faster wireless connectivity.

Yahoo Saturday night rejected a joint proposal from Microsoft and investor Carl Icahn that had called for a restructuring and the sale of Yahoo's search business to Microsoft. The Internet company that had fought Microsoft's hostile bid for months has now suggested that the Redmond, Washington, software giant make an offer to acquire all of Yahoo.