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Technology giant IBM injected some much-needed good news into the stock market Thursday when it made a surprise announcement that its third-quarter profit beat Wall Street estimates by 4 US cents per share ...

Search engine giant Google has taken yet another step in its effort to monetize YouTube, the online video portal it acquired for US$1.65 billion about two years ago ...

Advanced Micro Devices is splitting into two companies with the help of a massive cash infusion by investors in the United Arab Emirates capital Abu Dhabi ...

Online auctioneering pioneer eBay announced it will slash 1,000 jobs and acquire online payment processor Bill Me Later for US$820 million in cash and $125 million in outstanding options ...

Take-Two Interactive Software, maker of the immensely popular "Grand Theft Auto" video game series, has decided to remain independent after fielding several acquisition bids over the past few months from other video game software makers -- most notably, Electronic Arts ...

Computing giant HP has announced its intention to acquire storage software company LeftHand Networks for US$360 million in cash ...

Shares of Silicon Valley chip giant Intel closed up nearly 8.5 percent at just under US$19 Tuesday on news that an equity analyst at investment bank Piper Jaffray upgraded the stock to a buy rating ...

Several Silicon Valley Congress members have urged the U.S. Department of Justice not to interfere in the pending online advertising deal between search engine giants Google and Yahoo ...

Silicon Valley semiconductor company Transmeta has put itself up for sale ...

Yahoo has rejiggered its online display advertising engine in the hope that it can dominate the segment in the same way rival Google owns the search advertising market ...

Cisco has made countless billions selling switches and routers -- the network equipment that monitors and directs Internet traffic and keeps data flowing smoothly ...

Online movie rental company Netflix has signed distribution deals with two heavy hitters from the TV world -- the CBS Television Network and the Disney-ABC Television Group ...

Microsoft announced plans to buy back US$40 billion of its own stock, increase its dividend by 18 percent, and tap the debt markets for the first time in its 33-year history ...

Networking giant Cisco Systems said Friday that will acquire instant-messaging software maker Jabber. Terms of the pending deal were not disclosed ...

Enterprise software giant Oracle surpassed Wall Street expectations Friday by reporting a 28 percent boost in profit for the quarter ended Aug. 31 ...

In a week that has cleaved once-mighty Wall Street institutions asunder, no market is safe from panic-induced losses, and that includes the technology sector ...

BillShrink, a Silicon Valley Internet startup, has launched a new free service that helps consumers to make sense of the ever-changing offers, rules and rewards programs in the credit card market ...

Korean consumer electronics giant Samsung has launched a US$5.85 billion hostile takeover bid of flash memory chipmaker SanDisk ...

Finding a quality television stand on the Internet should be pretty easy in this day and age of Google and Amazon.com, but back in late 2003, it wasn't ...

Silicon Valley computing giant HP has announced it will cut 24,600 jobs, or about 7.5 percent of its global workforce, over the next three years. Nearly half of those cuts will take place in the U.S ...