Apple on Monday reported growth in revenue and net income for the first fiscal quarter of 2010, buoyed by strong iPhone and Mac shipments.

Google's revenue and profits grew in the fourth quarter, which ended Dec. 31, 2009, and exceeded Wall Street's expectations, capping a year in which the search company did well despite the global economic turmoil.

Gartner has revised its outlook for worldwide IT spending this year, predicting the industry as a whole will see 4.6 percent growth to $3.4 trillion, up from its previous prediction of 3.3 percent growth, according to its latest figures released Thursday.

MySQL separatists address Russia and China as EU assent on the deal grows likely.

Apple plans to buy mobile ad company Quattro Wireless for $275 million, a blog owned by the The Wall Street Journal said Monday, a move that would intensify Apple's growing competition with Google.

Netbook shipments worldwide are expected to have jumped by 103 percent this year compared to last year, although the fast growth rate could slow down in 2010 as prices for portable PCs fall, research firm DisplaySearch said on Tuesday.

Lifted by fast-growing notebook shipments, Taiwan's Acer Inc. grabbed the No. 2 spot in the global PC market for the first time over Dell Inc., according to iSuppli Corp.

Hewlett-Packard reported an 18 percent jump in profit for its fiscal fourth quarter, thanks to cost-cutting efforts and the strength of its services business.

Top Chinese search engine Baidu.com reported a 40 percent hike in net income on Monday as the company appeared set to continue strengthening its lead over rival Google.

Despite Google's phenomenal growth, the Internet search giant does not appear to be worried about taking on too many projects, judging from comments made at a media roundtable Wednesday with company cofounder Sergey Brin and CEO Eric Schmidt.

Chris DeWolfe will hand over his CEO title at MySpace, whose growth has stagnated over the past year while the popularity of rival Facebook booms.

Lenovo will create developed and emerging market units in the place of its regional business divisions as it moves its focus back to emerging economies, the company said Thursday.

2009 will be the year SMBs start adopting software as a service (SaaS) in earnest, presenting an opportunity for Microsoft and other vendors to offer services to them despite the economic recession, according to a Microsoft survey.

More countries are joining a network designed to quickly react to cybercrime incidents around the world, a senior U.S. Federal Bureau of Investigation official said Wednesday.

EMC's revenue grew 18 percent in the second quarter ended June 30, a result the company attributed to massive growth in the data enterprises need to store.

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.

As its open source desktop software grows in popularity across a wider range of electronic devices, the GNOME Foundation has decided to hire a new executive director to continue its spread.

Infosys Technologies said Tuesday that it expected its revenue to grow by 19 to 21 percent to US$5 billion in its current fiscal year, ending March 31, 2008.

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.

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.