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BOSTON (Reuters) – Oracle Corp., the world’s No. 3 software maker, posted stronger-than-expected quarterly profit as operating margins hit their highest level ever for the period, sending its shares up 6 percent. The company also reported a 14 percent rise in sales of new software licenses and gave an outlook for the current quarter that […]

SAN FRANCISCO-Emboldened by settlements with Apple Inc and AT&T Inc, inventor Judah Klausner filed a voicemail patent lawsuit on Tuesday against Google Inc, Verizon Communications Inc and others. The inventor’s company, Klausner Technologies Inc, also named as defendants LG Electronics Inc, Comverse Technology Inc, Citrix Systems Inc and Embarq Corp in a patent infringement complaint […]

NEW YORK (Reuters) – An Infineon chip could be at the root of complaints from around the world that Apple Inc’s new iPhone drops calls and has unpredictable Internet links, according to a research report from Nomura. BusinessWeek also reported on its website on Thursday that the iPhone is suffering from faulty software on an […]

(Reuters) – Deutsche Telekom’s T-Mobile USA will be the first carrier to offer a mobile phone based on Google’s Android software, The New York Times reported, citing people briefed on the company’s plans. The high-end phone, which will be made by the world’s top smart phone maker High Tech Computer, is expected to challenge Apple’s […]

TORONTO (Reuters) – The University of Toronto and IBM Corp. are building Canada’s most powerful supercomputer, a mammoth machine that will need its own building for storage and will be capable of performing 360 trillion calculations per second. It’s expected the system will be among the top 20 fastest supercomputers in the world and the […]

SAN FRANCISCO (Reuters) – Yahoo Inc. is in the process of approving the appointments of former Viacom Inc. CEO Frank Biondi and former Nextel Partners CEO John Chapple to its board and is expected to name the appointees by Friday, a person familiar with the matter said on Tuesday. The appointments are not yet final […]

NEW YORK (Reuters) – Sprint Nextel Corp is considering a sale of the Nextel wireless network it bought in 2005, but may have trouble finding a buyer for an asset whose value has plunged about 80 percent to an estimated $5 billion. Sprint has struggled to integrate Nextel’s iDen network, used by public safety and […]

SAN FRANCISCO (Reuters) – Yahoo Inc on Tuesday released a recount of the vote for its board that revealed a strong protest vote against five of nine directors, including Chief Executive Jerry Yang. The Internet company said revised vote tallies showed 33.7 percent of votes withheld for Yang, the company’s co-founder, or more than twice […]

WASHINGTON (Reuters) – U.S. federal agents have been given new powers to seize travelers’ laptops and other electronic devices at the border and hold them for unspecified periods the Washington Post reported on Friday. Under recently disclosed Department of Homeland Security policies, such seizures may be carried out without suspicion of wrongdoing, the newspaper said, […]

BANGALORE (Reuters) – In recent months, personal computer maker Dell Inc. has been testing a digital music player that could go on sale as early as September, the Wall Street Journal newspaper said, citing several Dell officials. Dell’s new foray would put it into an Apple-led market that has defied assaults. Companies like Microsoft Corp […]