Facebook on Monday continued its latest spending spree by agreeing to pay Microsoft about $550 million for some 650 former AOL patents and patent applications.

A federal court in California has ordered seven technology companies including Apple, Intel, Adobe and Google to face a private antitrust suit from five former employees, who alleged that the companies conspired to eliminate competition between them for skilled labor to suppress compensation and mobility of employees.

Microsoft revenue grew across most of its businesses in the third quarter, with the exception of its entertainment division, but profit fell slightly, the company said on Thursday.

Nokia reported a sales drop and a loss during the first quarter, as it struggles to sell cheap phones as well as Symbian-based smartphones, and Windows Phone sales remain small.

While IBM continues to financially excel at selling software and systems, its hardware revenue for the past three months has been sluggish, according to the latest quarterly results posted by IBM on Tuesday. The hardware results didn't help the company's overall revenue, which was flat for the quarter.

Oracle considered buying Palm and BlackBerry maker Research In Motion as part of an aborted effort to build its own smartphone, Oracle CEO Larry Ellison said in court Tuesday.

Developers were introducing 148 serious flaws on an average per website in 2011, according to WhiteHat Security.

Oracle and Google were in court Monday for the start of an eight-week jury trial over Google's use of Java in Android.

The company is working on a new version of its Marketplace app store, which will arrive later this year.

The audit is a pilot project at one supplier factory at this point.

China will have 701 million Internet users by 2015.

However, it's too early to say if Lenovo will ultimately top HP as the world's largest PC maker.

IBM's new PureSystems line assembles hardware and software in an integrated package.

Intel Small Business Advantage uses hardware and software to simplify PC maintenance.

Zuckerberg vows to keep Instagram independent for its millions of users.

AOL will continue to hold a significant patent portfolio of over 300 patents.

A year on the job, Page promotes some of Google's biggest products.

The SSDs should also improve battery life.

Yahoo will begin notifying workers today of 'next steps' in the company.

The desktop management suite is gaining a new virtualization utility, while an existing one is being upgraded.