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Microsoft launched a beta version of a new celebrity gossip site Thursday called "Wonderwall.com." ...

No matter where one turns on the Internet these days, it's virtually impossible to avoid being bombarded by advertising in one form or another. Banner ads. Video ads. Display ads. Search engine marketing. Ads on MySpace. Ads on Facebook. The only area of the Web left untouched by advertising may be government-run sites. ...

Search engine powerhouse Google has decided to sell its decaying 5 percent equity stake in struggling Internet portal AOL just two years after investing US$1 billion in the company ...

Shares of Ticketmaster Entertainment and Live Nation surged more than 15 percent in early trading Wednesday on press reports that the two companies could merge as soon as this week in a blockbuster deal that would change the landscape in concert and sports ticketing ...

In yet another sign of the worsening global recession, Japanese consumer electronics giant Panasonic said Wednesday that it will lay off 15,000 employees, or 5 percent of its workforce, by March. Half of the job cuts will be made in Japan ...

Mobile phone manufacturer Motorola reported yet another disastrous quarter of financial results Tuesday that sent the struggling company's stock plummeting 11 percent to US$4.03 per share in mid-day trading ...

The cost of data breaches continued to rise in 2008, according to a new study from network security company PGP and the Ponemon Institute ...

The U.S. Postal Service is thinking of curtailing deliveries. Postmaster General John Potter asked Congress on Wednesday to allow the postal service to go to a five-day delivery week in an effort to cut costs and bring ballooning operating deficits under control ...

Cisco Systems is adding another layer of intelligence to its network switching products ...

Yahoo's stock surged nearly 7 percent to US$12.12 per share in mid-day trading on Wednesday after the struggling Internet portal reported better-than-expected fourth-quarter financial results ...

IBM received nearly 4,200 patents in 2008 from the United States Patent & Trademark Office, making Big Blue the undisputed king of the intellectual property game for the 16th year running ...

Just a week after beating Wall Street expectations with a sterling earnings report, IBM is rumored to be laying off between 1,400 and 2,800 employees ...

The U.S. Senate voted late Monday to institute a four-month delay in the nation's switch from analog to all-digital television signals in a move meant to give millions of Americans more time to prepare for the transition ...

Search engine powerhouse Google reported stronger-than-expected fourth-quarter financial results Thursday that sent the company's stock soaring nearly 6 percent to US$323.88 per share in mid-day trading on Friday ...

Chip giant Intel announced Wednesday that it will shutter four of its semiconductor factories and lay off as many as 6,000 employees by the end of 2009 ...

IBM's stock surged more than 9 percent to US$89.61 per share on Wednesday after Big Blue beat Wall Street expectations with its fourth-quarter financial results and predicted it would maintain high profit levels all the way through 2009 ...

A competitor of computing giant IBM has accused Big Blue of violating antitrust laws in the European Union ...

Chip giant Intel has slashed the price of some of its microprocessors in what company spokesperson George Alfs has called "a regularly scheduled price move." ...

IBM plans to release a Web-based version of its Lotus business software, called "LotusLive," its latest contribution to the fast-growing cloud computing market ...

Sony Ericsson is the latest casualty of the global economic slowdown ...