Though tech shares, just like company stocks in other sectors, have since April been battered by economic concerns, a strong rise in all major U.S. exchanges and indexes earlier this week shows that IT is playing an important part in helping investors stay hopeful for the rest of the year.

Apple today apologized for the iPhone 4 ordering mess yesterday, and boasted that it and its carrier partners had taken more then 600,000 orders for its new smartphone

Oracle is being sued by the U.S. government for allegedly overcharging it by millions of dollars, according to documents on file in U.S. District Court for the Eastern District of Virginia.

IBM will purchase Coremetrics, a provider of Web analytics software, the company announced Tuesday. Terms of the deal were not disclosed.

The continuing economic recovery and growing interest in mobile devices will drive PC shipment growth by 19.8 percent this year compared to 2009, IDC said on Tuesday.

Chip makers including Samsung and GlobalFoundries on Monday announced a development platform that could hasten the release of a new generation of low-power chips for mobile devices.

Oracle is hoping to make a big splash with its upcoming Fusion Applications launch, but in the meantime has the perennial and less glitzy task of persuading users to upgrade from older releases of E-Business Suite.

It's not the first time onlookers have declared that the long-running legal dispute between Novell and SCO is over, but many are saying that a Thursday judgment favoring Novell on all counts is the end of the road.

The U.S. International Trade Commission has agreed to investigate Apple based on a complaint filed by handset maker HTC, the Commission said on Friday.

Some tech industry rumors have an extra-long life, and the one about SAP buying middleware vendor Software AG got an extension this week following public comments by top leaders of both companies.

The U.S. Federal Bureau of Investigation has opened an investigation into the leak of an estimated 114,000 Apple iPad user e-mail addresses.

Google has fixed a problem that prevented a significant number of users from logging into their Calendar accounts.

A glitch in AT&T's Web site has exposed the e-mail addresses of more than 100,000 iPad buyers.

Using research funded in part by Intel, Ingres has released a newly re-engineered version of its open-source database management system, called Ingres VectorWise.

Twitter is recovering from an unspecified technical problem that affected the microblogging service's main site and its APIs (application programming interfaces) for about one hour late Tuesday morning.

The U.S. Environmental Protection Agency has launched its Energy Star program for data centers, meaning companies can start applying today to see if their facility qualifies for an Energy Star logo.

Apple CEO Steve Jobs on Monday announced the fourth-generation iPhone during a keynote speech at the Worldwide Developers Conference in San Francisco.

Foxconn plans to raise pay again for workers in Shenzhen, China, to put a stop to a string of suicides at its main factory there, a campus of over 300,000 workers.

The Australian Attorney-General's Department has called on the Australian Federal Police (AFP) to investigate Google's recent collection of data pertaining to Wi-Fi networks, and potentially private data.

In a reversal of course, Google now says that it will give European regulators data it secretly collected from open wireless networks over the past three years.