The European Commission has objected to Oracle Corp's acquisition of computer maker Sun Microsystems Inc., throwing the $7 billion deal into question.

By Ritsuko Ando and Diane Bartz

IBM Corp. on Friday made an offer to certain debt holders to swap their long-term debt with bonds carrying a lower interest rate plus cash in a move to save money and bolster its balance sheet.

By Matthew Goldstein and Jonathan Stempel

Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal that has ensnared hedge fund managers, top Silicon Valley executives and a bevy of white-shoe advisers.

Intel Corp was sued by New York Attorney General Andrew Cuomo, who accused the world's largest chipmaker of threatening computer makers and paying billions of dollars in kickbacks to maintain its market dominance.

Investigators expect more people to be charged in the Galleon hedge fund insider trading case, and they said they have cooperating witnesses to strengthen their case against the fund's billionaire founder, Raj Rajaratnam.

Former Hewlett-Packard Co chief Carly Fiorina said on Wednesday she would run as a Republican candidate for the U.S. Senate from California, seeking to unseat liberal Democrat Barbara Boxer next year.

By Jonathan Stempel

Dutch Philips Electronics is betting it can help doctors monitor patients remotely to keep an aging population healthier and battle rising medical costs.

NEW YORK (Reuters) - IBM <IBM.N> has replaced senior executive Robert Moffat as the head of its hardware division, saying he left the company two weeks after he was arrested in a high-profile insider trading scandal.

Acer, the world's No.2 PC brand, posted a quarterly profit roughly in line with market estimates, indicating the company could be sacrificing profitability to increase its market share.

Lawyers for Raj Rajaratnam, the billionaire founder of Galleon hedge fund accused of insider trading, said the U.S. government's case is weak and they were confident of winning any trial, according to a letter filed in court on Thursday.

There’s a transition occurring in the tech sector. The traditional sector bellwethers—computer hardware, desktop software, consumer electronics—are no longer the areas of growth. Instead, it’s all about the enterprise.

Dell plans to sell Juniper's networking products to businesses in a partnership aimed at challenging industry leader Cisco Systems.