Despite fears caused by the European debt crisis, spending on technology products and services is set to continue growing around the world, although the pace of growth in Europe overall will be lower, Forrester Research said in a report released Tuesday.

Intel on Tuesday reported strong earnings for the second quarter of fiscal 2010, buoyed by strong microprocessor sales in the server segment.

Intel's latest microprocessor family, code-named Sandy Bridge, will start rolling off production lines faster than expected due to rave reviews by customers, the company's CEO said Tuesday.

Advanced Micro Devices is looking to invest in technology companies as it tries to build a hardware and software ecosystem around its upcoming Fusion processor, the company said on Tuesday.

Cisco on Tuesday announced the Cius tablet, a handheld device designed to help users run business applications and communicate in real time.

Network operator TeliaSonera plans to start shipping the world's first dual-mode modem for LTE (Long-Term Evolution) and 3G mobile networks on Wednesday.

Virtualization and open development frameworks are squeezing out operating systems in data centers, VMware President and CEO Paul Maritz said Wednesday at the Structure 2010 conference in San Francisco.

IBM unveiled on Tuesday a new package of pre-integrated software applications, called the Financial Markets Industry Framework, configured for the financial services market.

Advanced Micro Devices on Wednesday announced a new family of microprocessors for cloud computing servers, including one chip priced at US$99.

IBM will purchase Coremetrics, a provider of Web analytics software, the company announced Tuesday. Terms of the deal were not disclosed.

The continuing economic recovery and growing interest in mobile devices will drive PC shipment growth by 19.8 percent this year compared to 2009, IDC said on Tuesday.

Twitter is recovering from an unspecified technical problem that affected the microblogging service's main site and its APIs (application programming interfaces) for about one hour late Tuesday morning.

Google plans to release its Chrome operating system late this year, initially targeting laptop users, the head of the project said Wednesday.

The Computex Taipei electronics show will celebrate its 30th anniversary when it opens next Tuesday, and will highlight several new tablet computers hoping to compete against Apple's iPad as well as a slew of other electronic gadgets.

Dell on Tuesday announced it would ship its first handheld device, called Streak, in June, but it is also looking to develop devices with larger screen sizes as it tries to establish a foothold in the competitive mobile market.

Hewlett-Packard knocked IBM from the top spot in worldwide server revenue during the first quarter, as the market for x86 systems picked up but sales of Unix and mainframe systems continued to decline, Gartner said on Tuesday.

Novell, which turned down a US$2 billion takeover bid in March, plans to start entertaining offers from other suitors this week, the Wall Street Journal reported on Wednesday.

With its US$5.8 billion purchase of Sybase announced Wednesday, SAP is placing a big bet that mobile business applications are the way of the future.

Advanced Micro Devices on Wednesday announced new mobile processors as it tries to bridge the power and performance gap with Intel, while trying to lower laptop prices.

Apple's refusal to allow Flash on the iPhone hurts innovation and is "like 1984 in a lot of ways," Adobe Systems' CTO said on Wednesday, implying that Apple has become the "Big Brother" it rebelled against in its iconic TV ad from that year.