1st paragraph of story should go here
The recent plunge in the market value of BlackBerry maker Research In Motion could leave the company vulnerable to a takeover from a well-capitalized buyer such as Microsoft.
| Source: The Associated Press
Shares of IBM jumped Thursday after the technology company's surprise announcement that it was still plenty prosperous in the third quarter despite the worsening economic climate.
IBM reported on Wednesday preliminary third-quarter earnings that beat analysts' expectations, and it affirmed its full-year profit outlook, sending shares up 4 percent.
Congress should help bring cell phone and high speed Internet service to rural communities across northern New England and New York as part of a wide-ranging plan to improve the area's weak economy, a study recommended Wednesday.
Telecommunications chip maker Broadcom Corp. said Wednesday it has filed a complaint against rival Qualcomm Inc., saying the company's sales and licensing practices amount to "patent misuse."
Giant agricultural technology company Monsanto posted on Wednesday a smaller fourth-quarter loss on record revenues, as herbicide and seed sales climbed.
Conservationists working with Google Inc. have unveiled a tool that lets people view protected marine areas with the click of a mouse—a bid to harness the Internet's top search engine to raise awareness of endangered ocean habitats.
U.S. chip maker Advanced Micro Devices said it plans to spin off its manufacturing plants into a joint venture with Abu Dhabi to get a cash injection and shrink debt to better compete against larger rival Intel.
Japan's Toshiba is in talks to buy U.S. chip maker Spansion, two industry sources said, in the latest sign of pressure for consolidation in the struggling memory sector.
German software maker SAP warned that its sales had abruptly dropped off in the last two weeks of September as companies cut back on computer-related spending due to the widening financial crisis.
People are putting more sensitive personal information online and with the growing use of mobile devices, there’s more risk than ever. While many people are aware of the high-tech threats, they may not be aware of how they’re exposed.
EBay said it plans to cut 10 percent of its work force and will spend about $1.3 billion on acquisitions to bolster its online payment and classified units as it tries to counter a weak U.S. economy.
| Source: CNBC staff and wire reports
Apple shares recovered after a spokesman said a rumor about CEO Steve Jobs' health that spread like wildfire through the market is not true. Earlier, the stock hit a new 52-week low as the rumor spread like wildfire through the market.
| Source: The New York Times
High-tech entrepreneurs, investors and executives now believe the question is when, not if, the financial chaos will hurt the country’s cradle of innovation, the New York Times reports.