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The state of Connecticut is suing electronics retailer Best Buy, saying the company deceived customers by using in-store kiosks linked to an employee-only Web site to suggest that bargains posted on the company's public-facing site were no longer available ...

Shifting away, at least temporarily, from its once potent direct-sales model, Dell next month will begin selling desktop personal computers in thousands of Wal-Mart stores across North America ...

HP and the Securities and Exchange Commission (SEC) have reached a settlement on charges that HP misled investors by not disclosing that a board member had resigned over the spying tactics used by the former chairman of the board ...

China-based PC maker Lenovo, which altered the personal computer landscape with its purchase of IBM's personal computer line, returned all of its operations worldwide to profitability in the fourth quarter, including the first-ever profit for its U.S.-based business, the company said ...

XM Satellite Radio fully restored its service Tuesday, the company said, after outages affected an unknown number of subscribers for parts of two days ...

Tapping deeper into one of the fastest-growing segments of the memory chip market, Intel has joined with STMicroelectronics and a private equity firm to establish a new flash memory company ...

IBM formally launched its Power6 microprocessor Monday, billing the new chip as the fastest ever built and saying it will enable servers to process data twice as fast while using less electricity ...

Private investors will acquire wireless carrier Alltel in a deal worth around US$27.5 billion, as the private equity buyout trend reaches into the mobile space for the first time ...

IBM executives told investors Thursday they see a future where the technology giant grows profits significantly by expanding the amount of income from software sales and by tapping into emerging markets ...

Microsoft announced on Friday it will acquire Web ad firm aQuantive in a deal valued at US$6 billion, marking the latest and largest deal in a merger-and-acquisition frenzy aimed at staking a claim in the converging worlds of traditional and online advertising ...

Interactive marketing firm 24/7 Real Media has agreed to be acquired by UK-based advertising giant WPP Group, continuing the trend of consolidation in the online advertising space ...

HP's second-quarter sales and profit outpaced Wall Street forecasts, even as profit fell compared to a year ago, the worldwide leader in PC sales said Wednesday ...

New York State Attorney General Andrew Cuomo has filed a lawsuit against Dell, saying the personal computer maker misled consumers with its PC financing offers ...

Windows Vista is selling faster than any of its predecessors and exceeding Microsoft's own expectations, Chairman Bill Gates said as he kicked off the annual Windows Hardware Engineering Conference (WinHEC) in Los Angeles on Tuesday ...

A former Oracle vice president has settled insider trading charges that he used information gained through his wife -- an assistant to Oracle's swashbuckling, acquisition-hungry CEO Larry Ellison and other company leaders -- to buy and sell stock in companies that Oracle was planning to purchase ...

Google has become increasingly comfortable with the process of acquiring and integrating large merger-and-acquisitions targets, but intends to focus more on targeted buying of smaller firms, Google CEO Eric Schmidt said during a briefing with reporters ahead of the company's annual shareholders meeting ...

Vonage may have found a way to provide its services without using disputed technology that Verizon Communications has patented, Vonage said Thursday, offering hope that the troubled VoIP (Voice over Internet Protocol) provider can get out from under potentially crushing legal obligations to Verizon ...

Microsoft has acquired a minority ownership stake in CareerBuilder.com, extending a partnership between the leading U.S. job search site and its MSN portal, Microsoft said ...

Internet and networking gear maker Cisco Systems posted sharply higher profit for its third quarter, but investors disappointed by the company's outlook sent its stock sharply lower Wednesday ...

Billionaire investor Carl Icahn has fallen short in his bid to win a seat on the board of directors of sagging handset maker Motorola, with the company announcing that preliminary estimates of votes show all incumbent board members re-elected ...