Apple  overtook Nokia in the third quarter as the cellphone maker generating the highest total operating profit in the industry, research firm Strategy Analytics said.

Adobe Systems, the top maker of design software, said that it has cut 680 jobs as it moves to slash expenses.

On the surface, a video game opening a virtual pet store doesn’t sound like something investors should care too much about. But when that game is “World of Warcraft,” the stakes change.

Yahoo is done with its cost-cutting program and now hiring, Chief Executive Carol Bartz told CNBC Tuesday.

Vodafone Group, the world's largest cellphone service operator by revenue, is to step up cost cutting after a successful start to a program which boosted cashflow in the first half of the year.

SMIC, China's largest contract chipmaker, said its long-serving CEO has been replaced by another industry veteran, in a move that could pave the way for consolidation in China's
struggling chip sector.

Japan's Toshiba made a solo bid for Paris-based Areva's transmission and distribution (T&D) business.

Apple's phoenix-like rise from the ashes has propelled its market value to $180 billion, raising the possibility that it could challenge Microsoft for the technology crown.

Sprint Nextel is starting the process of eliminating up to 2,500 jobs or 6 percent of its workforce this quarter as part of an effort to shave at least $350 million off its annual expenses.

EA posted earnings on Monday that declined compared with last year, but profit topped analysts' forecasts. The company also announced layoffs of 1,500 positions in another round of restructuring and shares rose in extended trading.

Google says it needs until Friday to come up with a new proposal that would give it the digital rights to millions of out-of-print books.  The new timetable approved Monday by a federal judge is the latest twist in a 4-year-old copyright lawsuit over Google's ambitious book-scanning project.

Analysts expect the game could sell 4.5 to 5 million copies globally on its first day. That would shatter the 3.6 million record currently held by Take Two Interactive Software's "Grand Theft Auto IV" — and it would mean revenues of $270 million to $300 million for Activision.

Google is acquiring mobile advertising company AdMob for $750 million, furthering the company's push into the fast-growing market of Web-enabled cell phones.

Nokia will replace 14 million cell phone chargers made by China's BYD Co Ltd as chargers could fall apart and expose consumers to risk of electrical shock.

Of all the sinister things that Internet viruses do, this might be the worst: They can make you an unsuspecting collector of child pornography.