Hewlett-Packard Co. is negotiating to buy information technology services provider Electronic Data Systems Corp. in a deal that could help the world's largest personal computer maker win more consulting contracts with large companies and government agencies.

Clear Channel Communications Inc. and its prospective buyers are talking with banks to try to settle a dispute over whether the banks must fund promised loans for the $19.5 billion takeover, the radio and outdoor advertising company said Monday.

Tribune Co.'s $650 million sale of Newsday is an important step toward alleviating its debt burden _ for this year. Now the Chicago company needs to move on its next big asset sales, including the Chicago Cubs baseball team and Wrigley Field, in order to meet its obligations to creditors looming in ...

The effort to make it easier for Web surfers to connect with their friends is attracting a crowd. Following similar moves by the two biggest online hangouts, Internet search leader Google Inc. is introducing tools that are supposed to make any Web site more sociable.

Apple Inc. said Monday its online stores in the U.S. and U.K. are sold out of the iPhone, a sign supplies are being winnowed ahead of the launch of the device's next generation featuring faster Internet surfing speeds.

Personal computer and printer maker Hewlett-Packard reportedly is nearing a deal to buy information technology services provider Electronic Data Systems for between $12 billion and $13 billion.

What do you want your cell phone to be able to do? Massachusetts Industry of Technology professor Hal Abelson put that question to about 20 computer science students this semester when he gave them one assignment: Design a software program for cell phones that use Google Inc.'s upcoming Android mobi...

Research in Motion, the smartphone maker behind the Blackberry series, introduced on Monday its newest device called "Bold."

Apple Inc. says its online stores in the U.S. and U.K. are sold out of the iPhone, a sign supplies are being winnowed ahead of the launch of the device's next generation that will feature faster Internet surfing speeds.

The Bill & Melinda Gates Foundation says Microsoft Corp. executive Jeff Raikes will be its next CEO. The world's largest charitable foundation has been looking for a new leader since chief executive Patty Stonesifer announced in February that she would be stepping down.

The Bill & Melinda Gates Foundation, the world's largest charitable foundation, plans to announce its new CEO on Monday. It has been looking for new leadership since CEO Patty Stonesifer announced in February that she would step down.

An affiliate of Sprint Nextel Corp., iPCS Inc., said Monday it is seeking to block Sprint from forming a wireless broadband company with Clearwire Corp.

Wireless carrier Sprint Nextel Corp. said Monday it had a larger first-quarter deficit as revenue fell, it lost more than a million subscribers and it absorbed charges for severance and other costs.

Home electronics suppliers Victor Co. of Japan and Kenwood Corp. said Monday they have agreed to combine operations under a holding company that will focus on car and home audio electronics.

XM Satellite Radio Holdings Inc. said Monday that its first-quarter loss widened by nearly 6 percent despite a 17 percent jump in revenue. XM, which is seeking regulatory approval for an acquisition by rival Sirius, said it lost $129.3 million, or 42 cents per share, compared with $122.4 million, or...

Cablevision Systems Corp. says it is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million. Cablevision beat out media mogul Rupert Murdoch, CEO of News Corp., who withdrew his own $580 million bid on Saturday. New York Daily News owner Mortimer Zuckerman had also bid $580...

Cablevision Systems Corp. says it is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million. Cablevision beat out media mogul Rupert Murdoch, CEO of News Corp., who withdrew his own $580 million bid on Saturday. New York Daily News owner Mortimer Zuckerman had also bid $580...

Wireless carrier Sprint Nextel Corp. said Monday it had a larger first-quarter deficit as revenue fell, it lost more than a million subscribers and it absorbed charges for severance and other costs.

Wireless carrier Sprint Nextel says it had a larger first-quarter loss as it continued to lose valuable monthly subscribers and had to pay for severance charges and other costs.