Google grew its revenue and profit in its first fiscal quarter, exceeding Wall Street expectations and prompting the Internet company to express a commitment for "heavy investment" in its core and newer businesses.

Growing 3G construction is expected to offset 2G slowdown in developing countries this year.

The cash portion of Intel's legal settlement with Advanced Micro Devices (AMD) could shave as much as US$800 million off Intel's net profit in the fourth quarter, according to investment banking firm Credit Suisse.

Two investment consulting companies laid out objections to Cisco's US$3 billion offer for Norwegian videoconferencing vendor Tandberg on Friday, saying in an open letter to Cisco and a press interview that the bid undervalues Tandberg.

Microsoft CEO Steve Ballmer put on his sales hat Tuesday and made a case for why businesses should upgrade to Windows 7, despite an economy in which many IT budgets have been frozen or are lower than in years past.

Intel CEO Paul Otellini joined a call on Thursday for Group of Twenty (G-20) finance ministers and central bank governors to implement policies that encourage investment in environmentally friendly technologies and agree on a more effective climate treaty, the only head of a major high-technology to sign the letter drafted by the Copenhagen Climate Council.

Advanced Micro Devices Inc. on Monday closed a deal with two Abu Dhabi investment firms that spins off its manufacturing operations into a separate company.

Microprocessor designer Transmeta is looking for a buyer. Executives announced plans to sell the company on Wednesday, saying investment bank Piper Jaffray & Co. will act as its financial advisor during the sale process.

Just hours after saying it had ended talks over a possible investment from Microsoft, Yahoo announced a deal with Google to run some of Google's advertisements alongside Yahoo search results.

Üzletrészt vásárolt Bill Gates befektetési cége, a Cascade Investment egy brit szőnyegkereskedelmi vállalatban.

It takes a long time for hospitals to see a return on IT investments, according to a report released this week, which may explain why the industry has long been seen as a laggard in technology spending.

Europe's third largest chip maker will sell its semiconductor unit to a group of private investment firms in a deal worth ?8.3 billion (US$10.6 billion), increasing the pace of consolidation in the industry.

Taiwan's state-controlled telecom company plans to invest NT$100 billion (US$3.1 billion) over the next five years to upgrade its network and further develop applications and services based on Web 2.0, a spokeswoman said Monday.

As German electronics giant Siemens AG refocuses its business, it is selling its remaining stake in components-maker Epcos AG, following the sale of its share in Infineon Technologies AG last week.