Identity fraud has been on the rise, as criminal cunning may be mixing with desperation during the downturn. But a new breed of products is tackling the trickier matter of preventing identity theft, says the New York TImes.

AOL plans to cut one-third of its workforce, or about 2,500 jobs, in an effort to trim some $300 million in annual costs as part of its planned spin-off from Time Warner.

BofA Merrill Lynch lowered its 2010 growth forecast for global semiconductor industry and downgraded ten chipmakers, including Intel, turning more cautious on the group on expectations of a modest overshoot in global supply chain inventories.

Chinese Internet game operator NetEase.com reported higher third-quarter earnings and revenues on Wednesday, but missed Wall Street estimates.

Sales of Activision Blizzard's latest game is breaking gaming records and giving Hollywood a run for its money, literally.

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Cisco Systems has seen its US business recover more quickly than anticipated, and Chairman and CEO John Chambers said he thinks the global economy has reached the first stage of its recovery.

Autodesk shares tumbled in late trading Wednesday, even through the company beat its third quarter earnings forecast, as the software firm gave an outlook that disappointed investors.

Like contributors to Wikipedia before them, volunteers are democratizing online map creation -- a field that used to be the exclusive domain of professionals and specialists. And the information they gather is becoming increasingly valuable commercially. The New York Times reports.

The new active Wii video games from Nintendo may be creating a healthier generation of couch potato, according to a new study.

Microsoft  co-founder Paul Allen has been diagnosed with non-Hodgkin's lymphoma and has begun treatment, a spokesman for his investment company said on Monday.

Sina Corp, China's largest Web portal, posted a decline in quarterly sales and profit but beat Wall Street estimates as a recovering economy boosted consumer spending and advertising
sentiment.

Time Warner says it will spin off its Internet business, AOL, as a separate company on December 9th.  Time Warner Inc.  said Thursday it has declared a dividend on the AOL shares it owns that will result in a complete separation of the two companies.

Glyde, a start-up based in Palo Alto, Calif., will introduce a Web site intended to make it simple for people to buy and sell used media products, the New York Times reports.