SOFTWARE

Russian billionaire Yuri Milner, a venture capitalist and social networking investor who has invested hundreds of millions of dollars in Facebook, Groupon and Zynga, is opening an office in Hong Kong, according to a source familiar with the matter.

Oppenheimer lowered its profit estimates of Microsoft Corp. (NASDAQ:MSFT) citing a gloomy PC market.

Ubermedia, which has made several apps for Twitter, is said to be planning a competitor to the micro blogging website.

The BlackBerry PlayBook is to hit stores by April 19. While the new gadget is smaller than most other tablets, especially the iPad 2, it might just remain a good attempt from RIM to get into the tablet war. But the question remains whether it will be a capable player in the market.

Microsoft Corp explained the delay in updating its new phone software on Wednesday, partly blaming handset manufacturers for the problem.

Microsoft's Joe Belfiore talks about some of the problems the OS had with updates.

Revealed at this year's MIX conference, the announcements are mostly focused on how developers themselves will be able to take advantage of the operating system's new features.

News of the Wii's price cut may be confirmation that Nintendo plans on announcing the console's successor soon.

Facebook CEO Mark Zuckerberg is facing a high-powered technology law firm in a suit that may cost him 50 percent of the billion-dollar company.

Following the announcement by Microsoft about its new updated version of Microsoft Office 2011 for Mac previous week, the MS Office for Mac SP1 is available for download. It has improved security and stability. Printing errors that cause wrong pages to print has been corrected.

Apple used the National Association of Broadcasters (NAB) conference in Las Vegas to unveil the next version of its video-editing software, the Final Cut Pro X.

Software giant Microsoft released 17 security bulletins, addressing 64 vulnerabilities in its biggest ever patch Tuesday update.

Speaking at its Mix Developer Conferences in Las Vegas today, Microsoft gave a sneak peak into the future of Internet Explorer.

A businessman from upstate New York claims he owns 50 percent of Facebook -- and that Mark Zuckerberg defrauded him.

EBay Inc will buy most of the stake it does not already own in a Turkish auction website, in its latest move to strengthen its main marketplaces business.

Adobe said a critical vulnerability has been found in certain versions of its Flash Player that could allow an attacker to take control of the affected system.

Facebook is evaluating the Internet market in China, but the social networking giant has not signed a business deal with any companies there, a source familiar with the matter told Reuters.

Rumors of the update surfaced as early as last week, when Nokia released a teaser hinting - or perhaps directly announcing - that it was planning something big for Symbian.

Google is working towards crafting a tablet version of its light-weight, browser-based Chrome OS in its attempt to act as a catalyst to trigger creation of quality web apps to counter apps created for closed-walled companies like Apple and Microsoft.

Gartner estimates point to Apple's iOS grabbing nearly seventy percent of the market in 2011, a command that won't noticeably decrease until 2015, when it will drop to 47 percent.

Apple's iOS operating system will continue to dominate the worldwide media tablet through 2015, research firm Gartner said.