Yahoo is in talks with Time Warner on a deal to combine Internet operations with AOL, while News Corp. is in talks with Microsoft to jointly bid for Yahoo, the Wall Street Journal reported Wednesday.

Advanced Micro Devices on Wednesday announced it was shipping the quad-core Opteron chip in volume after fixing a bug, but concerns are being raised about AMD's abilities to stick to its product roadmap, analysts said.

Yahoo continues to make moves as Microsoft tries to acquire the company. Today it announced an agreement to purchase substantially all of the assets of Tensa Kft, more commonly known as IndexTools.

EMC has agreed to buy storage vendor Iomega for US$213 million in cash, expanding EMC's reach into the fast-growing consumer and small business markets, the companies announced Tuesday.

Yahoo said Monday it will have a Web-based system in place to buy online ad space across some 600 newspapers and other online sites as soon as July.

Advanced Micro Devices on Monday said it plans to lay off 10 percent of its work force by the third quarter of 2008 in an effort to cut costs.

A jury in San Diego ordered Microsoft to pay Alcatel-Lucent US$367.4 million for infringing on two patents, adding a new chapter to a long-running dispute between the companies.

Microsoft confirmed Thursday that it will extend the sales of Windows XP Home to OEMs beyond the current deadline of June 30, 2008, to accommodate a new class of ultra-low-cost PCs (ULCPCs) that are just beginning to pepper the market.

For all the fanfare surrounding the launch of Intel's Centrino Atom chip package at the Intel Developer Forum in Shanghai, there was a notable shortage of new products based on the chips, apart from a few concept designs rolled out for the occasion.

Lenovo Group completed the sale of its handset unit to a group of investors on March 31, the company said Thursday, marking the official end of its foray into the mobile phone business.

The economic slowdown in the U.S. has led Gartner to revise its 2008 worldwide PC shipments forecast downward slightly but the analyst firm is still predicting a strong year, particularly in the mobility space.

Microsoft plans to extend the availability of Windows XP for low-cost laptops beyond June 30, with an announcement expected later this week, according to a source familiar with the situation.

Microsoft's slow march to service pack 3 for Windows XP continued Tuesday as the company released a refresh of its latest beta code.

Time Warner Cable and Comcast are negotiating a deal to invest in a new nationwide WiMAX company that would be jointly operated by Sprint Nextel and Clearwire, according to reports in the Wall Street Journal and the Washington Post.

Motorola will split into two companies, one making mobile devices and the other making network infrastructure, the company announced Wednesday.

Samsung's Anycall Haptic looks like a thinner version of Apple's iPhone, but adds a new dimension to the touch interface.

Lenovo Group Chairman Yang Yuanqing wants to challenge perceptions of Chinese companies as mainly producers of cheap, low-end products.

Microsoft will release Windows XP Service Pack 3 during the second half of April, according to a report from a Web site that has correctly predicted recent Windows ship dates.

A technical committee in India has rejected Microsoft's Office Open XML file format as a standard.

Bain Capital Partners and China's Huawei Technologies have abandoned their bid to buy U.S. networking firm 3Com because of security concerns by the U.S. government, Bain said.