Intel announced the opening of its first ever chip manufacturing facility in Asia on Tuesday, in Dalian, China.

The next major version of OS X took center stage at an Apple press event Wednesday, but it wasn?t the only Mac-centric news to come out of Cupertino. In addition to previewing Mac OS X 10.7?which Apple calls ?Lion??the company also released an updated version of iLife, rolled out a desktop version of its FaceTime video-conferencing application, and revamped its MacBook Air lineup. Apple CEO Steve Jobs called Mac OS X Lion the ?entrée? of Wednesday?s press event, though the company didn?t offer extensive information about its next major OS X update. Lion is slated to arrive in summer 2011.

Internet shopping mall operator Rakuten has asked Japan's Fair Trade Commission to examine an Internet search deal between Yahoo Japan and Google, it said Wednesday.

AOL is exploring the idea of teaming up with a number of investment firms to make a bid on Yahoo, its much-larger Internet rival, the Wall Street Journal reported Wednesday.

Intel reported an increase in quarterly profits on Tuesday, brushing off weakness in the consumer market and predicting "healthy worldwide demand for computing products" moving forward.

Microsoft has acquired AVIcode, a private Baltimore-based company that offers application monitoring for the .NET Framework, the companies announced Wednesday. Terms of the deal were not disclosed.

The newly released version of the Fedora Linux-based operating system will be the first to incorporate desktop virtualization capabilities, the Fedora Foundation announced on Tuesday.

Some developers of the OpenOffice.org desktop productivity suite announced a break from Oracle on Tuesday, introducing a new name for the project and establishing a new foundation to guide its future.

Those who attended Oracle CEO Larry Ellison's keynote address at the OpenWorld conference on Wednesday hoping to learn a wealth of new detail about the vendor's long delayed Fusion Applications likely left disappointed, but plenty of vital information was available throughout the week for those interested enough to pursue it.

Hewlett-Packard on Wednesday plans to announce new laptops, including its fastest netbook and first 3D laptop, which combines cutting-edge technologies to raise the bar in performance.

Dell on Tuesday dived into the highly competitive smartphone market, releasing the Aero in the U.S.

Worldwide server sales posted their biggest jump since 2003 during the second quarter as Hewlett-Packard outsold rival IBM to take the top spot among server vendors, IDC said Tuesday.

Intel has expanded its share of the server microprocessor market, taking advantage of a slow product transition at perennial rival Advanced Micro Devices, according to figures released late Wednesday by IDC.

Oracle appears set to deliver more information than ever before about its long-awaited Fusion Applications at the OpenWorld conference in September, with more than 30 sessions listed as of Tuesday.

Cisco Systems revenue and profit both grew significantly in the company's fiscal fourth quarter that ended in July, the company announced on Wednesday.

A little more than a year after the service was launched, Google is pulling the plug on its Google Wave social-networking service, the company said Wednesday.

Barnaby Jack hit the jackpot at Black Hat on Wednesday. Twice.

Intel on Tuesday announced it had developed a prototype interconnect that uses light to speed up data transmission inside computers at the speed of 50 gigabits per second.

Google has secured a deal to provide search results and related advertising to Yahoo Japan, Japan's most popular Web site, the two companies said Tuesday.

VMware on Tuesday reported a 48 percent jump in revenue for the second quarter, a greater increase than expected, and raised its outlook for the full year on strong demand for its virtualization software.