Don't-Miss Business Stories

Microsoft extends Yahoo search deal

Microsoft has extended a search revenue guarantee agreement with Yahoo for one more year, amid reports that the Internet company is trying to break its 10-year agreement with Microsoft.

Acer profit up, but revenue falls amid PC slump

Acer said its net profit for the first quarter grew 55 percent year-over-year, but its revenue continued to decline amid struggling PC sales.

Microsoft's $2 billion Dell loan comes with strings attached

As part of Microsoft's loan of $2 billion to a group trying to buy PC maker Dell, the two companies must modify the payment terms of Dell's current agreements with Microsoft, a document filed with U.S. regulators said.

EU says Motorola abused its position by seeking and enforcing injunction against Apple

Motorola Mobility abuses its dominant position in the E.U. by seeking and enforcing an injunction against Apple in Germany on the basis of its mobile phone standard-essential patents (SEPs), the European Commission said in a preliminary antitrust review of the case on Monday.

McAfee to acquire firewall maker Stonesoft

McAfee plans to acquire Stonesoft, a Helsinki-based maker of firewalls, for US$389 million in cash, the companies said Monday.

Wall Street Beat: Tech stocks jump as market indexes hit milestones

On the back end of an earnings season that by many accounts could have been worse, tech investors appeared to be in the mood to celebrate on Friday, sending shares of IT companies higher as key stock-market indexes hit milestone highs.

Acer introduces $169 Android tablet

pcworld.com

Acer has placed its bet in the tablet wars on low pricing, introducing a $169 Android tablet with a 7.9-inch screen.

H-1B reform debate pits tech firms against veteran IT workers

Many U.S. tech companies are pushing hard this year for an increase in the number of high-skill immigrants allowed into the country, but many veteran IT workers question their motives for wanting to increase the number of visas under the controversial H-1B program.

Veteran tech workers see themselves locked out of job market [infographic]

Many tech companies have called for the U.S. Congress to ease restrictions on high-skill immigration because they can't find qualified tech workers to fill open positions. Yet, many veteran IT tech workers say they can't find jobs.

Jolla CEO steps down to focus on Sailfish OS development

The CEO of Finnish smartphone upstart Jolla is stepping down to focus his energy on the development of the Sailfish operating system as the company gets ready to show its first product later this month.

Intel’s next-gen CEO must get inside next-gen devices

With Brian Krzanich and his manufacturing prowess at the helm of Chipzilla, expect it to keep trying to out-engineer the competition.

Hedge fund manager sentenced in Dell insider trading case

A former portfolio manager at the now defunct Diamondback Capital Management has been sentenced to 54 months in prison for crimes related to a multimillion dollar insider trading scheme involving computer maker Dell and hardware maker Nvidia.

AMD thinks beyond PCs with new custom chip division

Armed with a contract to build chips for Sony's PlayStation 4 gaming console, AMD is trying break away from its heavy reliance on the slumping PC market with a new custom chip unit.