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Facebook quarterly revenue jumps 40 percent as mobile overtakes Web use

Facebook posted a revenue increase of 40 percent in the fourth quarter as the number of daily mobile users exceeded daily Web users for the first time ever, the company reported.


DOJ asks FCC to delay action on Sprint-Softbank deal

The U.S. Department of Justice and the Department of Homeland Security have asked for more time to consider Softbank's proposed takeover of Sprint Nextel, a move that may signal a rough road ahead for the US$20 billion deal.


Samsung's profits soar from holiday sales of phones and TVs

Samsung Electronics posted record profits during the holiday shopping season, on strong sales of mobile phones and TVs from its premium to low-end lineups.

Questions linger after Microsoft reports earnings

Sales of Windows 8 helped Microsoft report nearly $6.4 billion in profit on $21.5 billion in revenue, but it remains to be seen whether the new OS is a success.

Windows sales boost Microsoft revenue, but profit declines

Microsoft announced financial results for its fiscal second quarter, the first to include numbers generated by the Windows 8 launch. Though profit declined, company revenue increased, helped by Microsoft's Windows division, where sales shot up more than 20 percent year on year.

Lumia smartphone sales improve, as Nokia turns a profit

Nokia swung to a net profit during the fourth quarter, as it sold a growing number of Windows Phone-based smartphones.


Steve Jobs threatened Palm with patent suit if it objected to no-poaching pact

According to documents unsealed as part of a private antitrust suit, Steve Jobs once threatened Palm with a patent lawsuit if it did not enter into an agreement in which the companies pledged not to hire employees from each other.

Google's fourth-quarter revenue jumps 36 percent

Google's fourth-quarter revenue was up 36 percent from the previous year, thanks to continued growth in its advertising business.

Processor market to get boost from smartphones, tablets

Tablets and smartphones will give a much-needed boost this year to the worldwide microprocessor market, which is undergoing a fundamental change with a shift to low-power processors used in energy-efficient devices, research firm IC Insights said.


Sony sells its US headquarters

Sony will sell its U.S. headquarters to raise $685 million in cash, parting ways with an iconic New York building it has occupied for 20 years.