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Apple has acknowledged that its iPad made it a major force in ebooks but denied that it?s stifling competition in a formal reply to the Justice Department's antitrust suit.

Several industry bellwethers like Cisco Systems (Nasdaq: CSCO), Dell (Nasdaq: DELL) ) and NetApp (Nasdaq: NTAP) have reported poor resuilts or forecasts. Hewlett-Packard (NYSE: HPQ) will axe 27,000 people. Is a new tech recession ahead?

Faced with the disastrous fallout from the initial public offering of Facebook (Nasdaq: FB), the No. 1 social network, other technology companies that had been waiting to go next may reconsider.

Margaret Whitman, the new CEO of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, decided to swing her ax Wednesday as the company reported dreadful second-quarter results.

Oracle Corp. (Nasdaq: ORCL), the No. 1 database company, said it would acquire private cloud media marketer Vitrue for an undisclosed sum a day after German rival SAP (NYSE: SA), Europe's No. 1 software company, offered to acquire e-commerce specialist Ariba Inc. (Nasdaq: ARBA) for $4.3 billion.

Because they report quarterly results generally out of the regula,r pattern technology giants Cisco Systems (Nasdaq: CSC), Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL) are technology bellwethers. Do their dismal dismal forecast presage downturn?

International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, said it opened a new center in Da Nang, Vietnam, its third center in the Southeast Asian country.

A Chinese conglomerate will buy a major U.S. cinema chain, AMC, for $2.6 billion, in China's biggest takeover of an American company to date.

The Worldwide IT outsourcing (ITO) market grew 7.8 percent from 2010, with the revenue totaled at $246.6 billion in 2011. It was the Indian-based IT services providers and providers rooted in cloud-based services that delivered the highest growth rates in 2011.

One value of going public for any company is to raise cash as well as mint new shares for acquisitions. Facebook (Nasdaq: FB)?s $16 billion initial public offering was no exception.

International Business Machines Corp. (NYSE: IBM) announced a series of initiatives for cloud, or Internet-based computing, to lower costs as well as lure more customers.

Google will reportedly work with up to five different manufacturers at once to offer a wide variety of Android devices, including both smartphones and tablets. The move is a big power play from Google in its efforts to surpass Apple, and it could absolutely work, mainly because it's worked before with Microsoft.

In 1999, Andrew Grove, then Chairman of Intel (Nasdaq: INTC), the No. 1 chipmaker, published a bestseller, ?Only the Paranoid Survive.?

Shares of BMC Software, which specializes in enterprise products, soared nearly 10 percent after Elliott Associates, the venerable New York hedge fund, said it has acquired a stake above 5 percent.

Shares of Yahoo Inc. (Nasdaq: YHOO), the No. 3 search engine, rose nearly 3 percent in Monday trading after dissident shareholder Daniel Loeb knocked out the CEO and took control of the company.

International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, opened a new services delivery center in Costa Rica, spearheading a $300 million investment there.

Shares of Cisco Systems (Nasdaq: CSCO) plunged nearly 11 percent after the company projected weaker-than-expected results for the current quarter.

A corporate diet, better focus and the explosion of ?Big Data? sent earnings up for Cisco Systems (Nasdaq: CSCO), the No. 1 provider of Internet equipment.

A corporate diet, better focus and the explosion of ?Big Data? is expected to send earnings up for Cisco Systems (Nasdaq: CSCO), the No. 1 provider of Internet equipment.

We are living in a world where a smartphone is not just a mobile device used for making calls and sending text messages, rather it's a full-fledged touch-based computer (can come with QWERTY keypad also) that embeds features like operating system, Internet access, third-party apps and user interface and it acts like your small entertainment box, your reminder of important tasks, your calendar and so many more.

The Semiconductor Industry Association, which represents the top U.S. chipmakers, lauded bipartisan approval in the U.S. Congress to boost funding for both the National Science Foundation (NSF) and the National Institute of Standards and Technology (NIST).

Micron Technology Inc. (NYSE: MU), the only U.S. maker of memory chips, has won a bid for the assets of rival Elpida Memory of Japan, which collapsed in February.

A list of potential titles for Nintendo?s upcoming Wii U console has leaked from Blockbuster UK?s internal point of sale system, according to IGN. The list features alleged photos of 25 titles, and was originally discovered by GoNintendo.

International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, said it agreed to acquire privately held Tealeaf Technology, a specialist customer analytics software.

Despite publicity about hackers, intrusions into company databases and even the insertion of computer viruses into Iran?s nuclear program, most companies simply aren?t prepared to handle them, a new study from International Business Machines Corp. (NYSE: IBM) determined.

Steve Jobs is remembered not merely for the company he co-founded, but also for his mannerism, determination and marketing skills that helped Apple reach the zenith of success. But what about his acting skills? Yes, the Apple wizard did have some. He appeared as former U.S. President Franklin Delano Roosevelt in a long-lost TV commercial to charge up the company's sales team to take on IBM.

Now that the first anniversary of Osama Bin Laden?s death shed renewed light on the ?needle in the haystack? side of data analysis that helped catch him, investors might wonder how to take advantage of it.

At an investor briefing in Tokyo at the end of April, Nintendo President Satoru Iwata said the company will be taking a different approach when creating games for the Wii U. Nintendo seeks to target the traditional hard-core audience rather than casual gamers, and Iwata said that the upcoming console will break new boundaries.

Grupa ADV (Pink: GPVSY), a fast-growing Polish media and software group, expects international sales to double this year, said CFO Adam Kuszyk.