Yahoo gets hard look from investors following deal
Yahoo Inc shares fell for a second straight day after the company announced a Web search partnership with Microsoft Corp that failed to live up to Wall Street expectations. The deal, in which Yahoo essentially outsources search to Microsoft, is being viewed by analysts as more positive for the software company than for Yahoo.Read Full Article here.
Hacking the iPhone as easy as sending an SMS
A Mac security expert has discovered a technique that hackers could use to take control of Apple Inc. computers and iPhone's in order to steal data, disproving the long believed theory that Apple products are more secure than PCs. Read Full Article here.
Video game industry looks for second-half comeback
Major game publishers Activision Blizzard Inc and Electronic Arts Inc will report quarterly results next week, on the heels of dismal June U.S. video game sales, which registered their biggest drop since 2000.
Sony, Sharp post losses, Nintendo loses steam
Sony and Sharp's third straight quarters of losses underscore the challenges they face in flat TV market as they struggle to compete with Samsung Electronics and other South Korean rivals benefiting from a weaker won. Read Full Article here.
Motorola posts profit, shares rise
Motorola Inc posted a bigger quarterly profit in the second quarter as it cut costs and shipped more cell phones than expected, sending its shares up 7.6 percent. Read Full Article here.