Intel's profit sank 90% as sales dropped 23% amid a rapid deceleration in computer demand and pricing pressure during the key holiday season.
The stimulus plan carries a potential bonanza for technology companies and $650 million to salvage the government's digital-television conversion efforts.
Apple CEO Steve Jobs said his health issues are more complex than he thought and he plans to take medical leave until June.
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Microsoft is exploring significant work-force reductions, a rare occurrence for the world's largest software company.
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Motorola said it will cut 4,000 jobs, or about 6% of its work force, and issued a disappointing fourth-quarter forecast.
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Autodesk reduced its earnings outlook again amid slumping demand, and the software maker said it will cut about 10% of its work force.
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At least three directors of Satyam Computer Services asked questions about the proposed acquisitions of property and infrastructure companies before the board wound up approving them, according to the minutes of a December board meeting.
Sanyo Electric, saying it no longer expects to post a profit for the current fiscal year, announced plans to close factories and cut about 1,200 jobs.
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Charter Communications said two units didn't make scheduled interest payments due Thursday as the debt-laden cable-TV provider continues to negotiate with bondholders.
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Google is laying off 100 recruiters and is closing some engineering offices in light of the recession.
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IBM said it plans to open a remote computer-services center in Dubuque, Iowa, that will employ up to 1,300 people by the end of 2010.
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Nuance said it had agreed to acquire a number of patents and other speech technology created by IBM.
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Chip-equipment supplier ASML swung to a fourth-quarter net loss as semiconductor makers struggle with slumping demand and tight credit.
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Nortel Networks filed for protection from creditors in the U.S. and Canada, reeling from sliding demand for its telecom equipment.
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Mark Cuban is asking a federal court to dismiss a civil suit brought by the SEC that accused him of insider trading.
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Worldwide PC shipments in the fourth quarter of 2008 dropped 0.4% from the same period in 2007 – the first year-over-year drop in shipments in six years.
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Susan Decker was once viewed as a near shoo-in for CEO. But after presiding over a series of management stumbles, she lost out to Carol Bartz.
A Burger King advertising stunt runs afoul of the popular social networking site Facebook.
The stimulus bill unveiled Thursday could be a boon to tech companies, allocating billions of dollars for tech projects to improve healthcare, education and government funding, among other things.
The $825 billion proposal from the Obama transition team and House Democrats includes $6 billion to improve the U.S. broadband infrastructure, which is lacking in many rural and mountainous areas, particularly the West.
A recruiter recalls the first meeting beteween Steve Jobs and Tim Cook in 1998.
Medical experts say it's likely that Steve Jobs cancer has recurred.
Venture capitalist Jeremy Liew predicts the three types of advertising-supported Internet companies that could thrive in a downturn.
Walt Mossberg tests new e-book apps that aim to bring current and popular titles from major publishers to the iPhone and Touch.
Mossberg Solution tests two free tools that attempt to make your Web searches more relevant by learning from users' reactions to search results.
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Microsoft is pushing technology for touch screens on PCs, a shift away from the computer mouse.
The outgoing FCC Chairman Kevin Martin urged Congress to make changes to the DTV switch program.
Impersonation has been around forever, but technology has made it more pervasive. Security expert Bruce Schneier on how to reduce the risks of impersonation.
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