Reuters -

By Ritsuko Ando NEW YORK (Reuters) – Verizon Communications Inc. posted a higher-than-expected quarterly profit on Monday on strong wireless sales and improved margins, offsetting a fall in landline users. Executives said on a conference call that the No. 2 U.S. phone company did not expect a significant impact from the weaker economy, though demand […]

MENLO PARK, California (Reuters) – A start-up led by former star Google engineers on Sunday unveiled a new Web search service that aims to outdo the Internet search leader in size, but faces an uphill battle changing Web surfing habits. Cuil Inc (pronounced “cool”) is offering a new search service at www.cuil.com that the company […]

LOS ANGELES (Reuters) – Apple CEO Steve Jobs, who has been dogged by investor concerns about his health, does not have recurrent cancer or a life-threatening health issue, The New York Times reported on Saturday. “While his health problems amounted to a good deal more than ‘a common bug,’ they weren’t life-threatening and he doesn’t […]

BRUSSELS, July 25 (Reuters) – Hewlett-Packard won permission from European Union competition regulators on Friday to buy technology outsourcing company Electronic Data Systems Corp for $12.6 billion. The deal is aimed at helping HP compete better against IBM in the global technology services industry, and vaults HP to second place behind IBM. EDS is a […]

HELSINKI (Reuters) – The world’s top cellphone maker Nokia said the German Federal Patent Court ruled on Wednesday that a Qualcomm GSM patent asserted in a case against Nokia is invalid. “This is the third court to conclude that Qualcomm’s patent claims against Nokia are without merit,” Nokia said. Qualcomm has filed 11 lawsuits on […]

SAN FRANCISCO (Reuters) – Facebook Inc. is making sweeping changes to the world’s largest social networking site, aiming to give users more control and to curb new forms of spam, company officials said late on Sunday. Facebook’s redesign aims to make user profiles more dynamic by giving more prominence to the newest information, and it […]

(Reuters) – European regulators are preparing to file new antitrust charges against Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz), expanding a probe into the chipmaker’s marketing and sales practices, The Wall Street Journal said, citing people familiar with the matter. The new charges, which could be brought as soon as Thursday, would allege that […]

By Wojtek Dabrowski TORONTO (Reuters) – BlackBerry maker Research In Motion Ltd (RIM.TO: Quote, Profile, Research, Stock Buzz)(RIMM.O: Quote, Profile, Research, Stock Buzz) is charging ahead with international expansion plans and investments in new handsets and software to stay competitive, its co-chief executive said. RIM wants to expand BlackBerry service, now available in over 140 […]

HELSINKI (Reuters) – Research firm Gartner said it cut its forecast for cellphone market growth in 2008 to 10-11 percent as a global economic slowdown started to crimp demand in the second quarter. At end-May Gartner forecast 10-15 percent more phones would be sold this year. “In the last month however, the economic environment started […]

Animated-movie studio DreamWorks Animation SKG has chosen chipmaker Intel Corp over previous supplier Advanced Micro Devices to supply chips and other technology for its big computer-animation operations, The Wall Street Journal said. The deal is expected to replace the studio’s computing hardware, including 1,500 Hewlett-Packard Co server systems and 1,000 workstations that use AMD microprocessors, […]