IBT Staff Reporter

Wendy's International, one of the world's largest restaurant chains, announced its second quarter earnings on Thursday, blaming losses on impairment charges for its Baja Fresh Mexican Grill operation.

Microsoft said that it was looking to convert its software business model to web-delivered services on Friday.

Apple Computer strengthened its grip on the digital media market this week, adding three major media sources to its list of iTunes content providers.

After three years of holding out, hard rockers Metallica are now allowing individual song downloads from their albums on Apple's iTunes Music Store.

Motorola Inc. on Friday launched its first online-game-playing mobile phone, picking China for the initiative in a bid to tap into one of the world's top game markets.

Microsoft's might, and cash flow, will go up against Apple's iPod in the digital music and player markets.

Legislation to overhaul the U.S. private pension system suffered another setback on Thursday as key House Republican lawmakers boycotted a negotiating meeting in a fight over whether to keep some $35 billion in tax breaks in the bill.

The health care and information technology industry received the most funding from Venture Capitalists during the 2006 second quarter, according to a new report..

South African agricultural representatives are looking at their own governments to see what can be done in the wake of recently suspended trade talks of the World Trade Organization.

Sun Microsystems Inc., the computer server manufacturer, released its fourth quarter earnings report for 2006 on Wednesday, highlighting high revenue growth despite posting a net loss.

ConocoPhillips, the third largest U.S. oil company, released its earnings for the second quarter of 2006 on Thursday, showing a surge in net profit attributed to the inclusion of the recently acquired Burlington Resources and high oil prices.

At the annual Microsoft analyst conference, the software giant unveiled plans to spend hundreds of millions of dollars investing into its new Zune portable music device.

European low fare airline, Ryanair Holdings PLC announced on Wednesday, its introduction of four new flight routes to North Africa and East Europe.

An outbreak of a less virulent strain of avian Influenza in the Western Cape province of South Africa, has resulted in the culling of 8,000 ostriches, the Department of Agriculture reported on Wednesday.

Its been a long hot summer for AMD. Their long time rival Intel has continuously slashed prices on competing products, and within the last month has unleashed its full fury, unveiling a new processor architecture which AMD has yet to answer. Today they released another blow, the launch of the Conroe desktop chip.

Despite an onslaught of price cuts and new products from the competition, Advanced Micro Devices was able to gain market share against Intel in the second quarter of 2006.

Microsoft, the worlds largest software maker, said on Thursday that it sees no reason for a delay in its highly anticipated operating system, Windows Vista, but stopped short of saying it would be on time as well.

India's largest IT company this week received shareholder approval to extend its operations in the $30 billion Chinese software market.

Kazaa, one of most well known file sharing networks, has reached an agreement with the music industry over illicit file-sharing this Thursday.

It has been a long hot summer for AMD. Their long time rival Intel has continuously slashed prices on competing products, and within the last month has unleashed its full fury, unveiling a new processor architecture which AMD has yet to answer. Today they released another blow, the Conroe desktop chip.

At a spartan hall converted from a closed textile company east of Manila, hundreds of Filipinos milled around small corporate booths looking for work. The longest lines at the job fair were for call center or business process outsourcing firms.

Countries such as India, South Africa and South American Mercosur nations will continue trade negotiations following the indefinite suspension of global trade talks through the World Trade Organization.

Shares Hewlett Packard Co., the world's second largest computer maker, are edging slightly up today despite the mixed reviews from Wall Street.

General Motor's bid to turn around its massive ship towards profitability is starting to show some results. However the company is taking very heavy losses on the way.

The U.S. economy grew overall during June through mid-July but some regions reported slowing activity, and there were scattered reports of rising prices, the Federal Reserve said on Wednesday.

Advanced Micro Devices Tuesday pledged to release a version of its upcoming enthusiast desktop product, code-name 4x4, for less than $1000.

Facebook.com, the online social networking site, announced on Tuesday that it would give away 10 million music samplers to students returning back to school.

AMD has unleashed a flurry of strategic moves this week aimed at beating back what is expected to be strong Intel competition in the third quarter.

The popular social-networking site MySpace.com suffered a pair of extended outages over the weekend because of power problems at a key data center in the Los Angeles area, the company said Monday.