Cisco has invested in Tilera, a developer of multicore processors for cloud computing and communications, as part of the chip maker's $45 million round announced this week.

Apple on Tuesday reported record revenue of US$26.74 billion for its first fiscal quarter, driven by sales of iPhones, Macs and iPads.

IBM said Tuesday that net income for the fourth quarter ended Dec. 31 rose 9 percent to US$5.3 billion year over year, helped by strong performance in growth markets as well as software and mainframe sales. Revenue for the quarter was $29 billion, a 7 percent increase.

With Steve Jobs taking another medical leave, Apple customers, investors, partners and employees are again left to wonder what implications this will have for the company's stock, financial performance, product development and business operations.

The number of companies planning to invest in their ERP (enterprise resource planning) systems will drop slightly this year, according to a Forrester Research report, even as IT spending overall is expected to rise.

SAP on Thursday reported preliminary results for the fourth quarter and year ending Dec. 31 that showed a strong uptick in software revenue, spurred in part by its acquisition of Sybase last year.

Worldwide PC shipments were slower than expected during the fourth quarter of 2010, hurt by competition from tablets and a slowdown in consumer spending, IDC said in a study released on Wednesday.

The U.S. Department of Justice is preparing documents for an antitrust challenge of Google's planned acquisition of travel software maker ITA Software, according to reports from Bloomberg and the Wall Street Journal.

Intel on Thursday said it wrapped up a strong fiscal 2010 with profit and revenue gains in the fourth quarter, and predicted a strong fiscal year 2011.

A former U.S. Transportation Security Administration contractor will serve two years in prison for messing with sensitive government databases used to identify terrorists as they try to enter the U.S.

Microsoft plans to launch an application on Thursday for quickly ramping up websites and lightweight Web applications, called WebMatrix.

iPhone fans rejoice, the rumors have finally come true: Verizon on Tuesday announced that it would offer Apple's iconic iPhone 4 on its network, becoming the second carrier in the U.S. to offer the smartphone after AT&T.

In a move that will be seen by many as a big win for open-source advocates, a plan to create a consortium led by Microsoft to buy Novell patents has been withdrawn.

Longtime Microsoft executive Bob Muglia, president of the company's server and tools business, will step down from his position later this year, according to a Steve Ballmer memo issued Monday to company employees.

Advanced Micro Devices on Monday said that Dirk Meyer has resigned from the post of CEO, and that the company is beginning to search for a new chief executive.

The U.S. Department of Justice served Twitter with a subpoena seeking information about the accounts of the Wikileaks organization, its founder Julian Assange and other members and supporters, according to Twitter posts from people involved and documents published by Salon.com.

U.S. mid-size outsourcer iGate is to acquire a majority stake in Patni Computer Systems, a larger Indian mid-size outsourcer, reflecting the need for smaller outsourcers to merge and become larger to compete.

Intel on Thursday defended its Intel Insider feature in the latest Sandy Bridge PC chips, which secures streaming of high-definition movies from online movie services to PCs.

Intel will integrate DirectX 11 graphics technology in its next generation of laptop and desktop chips based on the Ivy Bridge architecture, a company executive said on Thursday.

Microsoft CEO Steve Ballmer positioned Windows 7 as an operating system that can drive new and innovative products, as the company tries to fend off competition from tablet computers based on software from Google and Apple.