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More than 230,000 Facebook members got a rude awakening this past week when they were notified that they had been "de-friended" for a nice, juicy Burger King Whopper ...

Struggling Internet portal Yahoo has tapped former AutoDesk CEO Carol Bartz as its new CEO ...

President-elect Barack Obama has selected former Internet executive and venture capitalist Julius Genachowski to be the next head of the Federal Communications Commission ...

Two giants of Japan's consumer electronics industry are expected to announce annual losses for the first time in many years ...

One Laptop Per Child, a Boston-based nonprofit dedicated to providing cheap laptop computers to children in underdeveloped countries, has laid off 50 percent of its staff ...

Beleaguered Internet portal Yahoo is about to wrap up its search for a CEO to replace cofounder Jerry Yang. An announcement could come as soon as this week ...

Chinese PC maker Lenovo will cut 2,500 jobs, or about 11 percent of its workforce, during the first quarter, the company said Wednesday ...

Sun Microsystems has acquired Belgian cloud computing company Q-layer for an undisclosed price ...

Chip giant Intel has once again preannounced dire financial results -- yet another sign of the year-long U.S. recession's heavy toll on the technology industry ...

Microsoft announced Monday that 2008 was the best year ever for its Xbox 360 video game system, despite a year-long U.S. recession that has seen consumer spending plummet ...

AT&T and Verizon shares were hit hard Monday after being downgraded by Bernstein Research ...

Netflix is coming to a high-definition LG Electronics television near you ...

Dell, the No. 2 PC maker in the U.S., has fired two top executives as part of a major restructuring designed to help close the gap with its largest competitor, HP ...

Advanced Micro Devices said Monday that it cut 600 jobs in the third quarter -- 100 more than it indicated in the guidance provided to Wall Street early last fall, according to a filing with the Securities and Exchange Commission ...

Sony has drastically reduced the production costs associated with its PlayStation 3 video game console by 35 percent, according to information technology researcher iSuppli ...

Microsoft first talked about pay-as-you-go computing years ago, but a recent patent publication suggests the software giant is moving ahead with an alternative strategy for expanding PC access around the world ...

Online retail giant Amazon.com announced Friday that it had the strongest holiday shopping season in its history ...

GateHouse Media, a chain of local newspapers, has sued the New York Times Co. for copyright and trademark infringement ...

Struggling smartphone maker Palm just got a US$100 million shot in the arm from private equity group Elevation Partners ...

Warner Music Group has started pulling some of its songs from YouTube, a move that apparently reflects a breakdown in the renegotiation of a licensing agreement between the two sides ...