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Shares of video game publisher Take-Two Interactive Software fell 26 percent to US$8.91 in late-day trading Thursday after the company announced a disappointing financial forecast for the holiday shopping period ...

In yet another sign of weakening in the technology sector, enterprise software giant Oracle announced a decline in profits on Thursday ...

Business networking company LinkedIn has undergone a changing of the guard. CEO Dan Nye is out and has been replaced by LinkedIn founder Reid Hoffman. ...

A heavily financed Internet startup has launched a new question-and-answer search engine with a twist -- users pay one another to get answers to questions ...

New York Gov. David Paterson has proposed a 4 percent tax on digital music downloads and other "digitally delivered entertainment services." ...

Struggling mobile phone maker Motorola announced drastic measures on Wednesday to cut costs as demand for its products flag in the now year-old U.S. recession ...

The technology industry was rocked by more dismal news Tuesday with a Gartner report predicting sales of semiconductors will drop by 16.3 percent to US$219.2 billion in 2009 due to the recession and lower consumer spending ...

Consumer electronics giant Best Buy is the latest casualty of the recession and slowdown in consumer spending ...

The Federal Communications Commission canceled a meeting scheduled to plan how to divvy up wireless spectrum for a free, nationwide broadband Internet network ...

The Free Software Foundation filed a lawsuit against Cisco Systems on Thursday, alleging the networking giant is in violation of numerous open source licenses ...

The race to see who will dominate the world of ultra-fast, 4G wireless broadband networks is on ...

Cable giant Comcast announced Thursday it will roll out new ultra-fast broadband services in Chicago, Atlanta, Baltimore and Fort Wayne, Ind., by the end of December ...

One of Yahoo's largest shareholders is urging the beleaguered Internet company's board to sell its search assets to Microsoft ...

Sun Microsystems' biggest institutional investor -- Southeastern Asset Management -- plans to add two new members to the struggling server maker's board of directors ...

Japanese consumer electronics giant Sony announced Tuesday that it will lay off 8,000 full-time employees by March 2009 and slash spending in an attempt to reposition itself for a prolonged global recession. It also plans to reduce seasonal and temporary workers ...

Part of President-elect Barack Obama's plan to stimulate the economy through a massive public works program will touch upon the technology sector, which has seen its share of woes in recent months ...

Microsoft has tapped Qi Lu, a former Yahoo Search executive, to run its Internet unit ...

With the U.S. in the throes of what could be the worst recession in decades, consumers have made dramatic cutbacks in discretionary spending ...

AT&T, the largest phone company in the U.S., announced Thursday that it will cut about 12,000 jobs, or roughly 4 percent of its total workforce, starting this month and through next year ...

AT&T, the largest phone company in the U.S., announced Thursday that it will cut about 12,000 jobs, or roughly 4 percent of its total workforce, starting this month and through next year ...