SOFTWARE

Microsoft profit falls, see more weakness

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Microsoft Corp reported a sharp dip in quarterly profit on Thursday, missing Wall Street's lowered forecasts, hurt by a decline in technology spending in a global economic downturn.
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VMware software sales fall

Business software maker VMware Inc warned that its revenue would dramatically miss Wall Street forecasts due to the weak economy and a new product launch, sending its shares down 14 percent.
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Yahoo to cut 5 percent of jobs

Yahoo Inc said it would cut 5 percent of its global workforce and reported quarterly results that showed progress toward controlling costs, sending shares higher in an after-hours relief rally.
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Oracle embarks on Sun courtship, troops cheer

After one false start, weeks of speculation and roller-coaster swings in its share price, the company once synonymous with the rise of the Internet has finally landed an attractive-looking buyer.
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Time for TV: Adobe Flash comes to the home

Adobe Systems Inc. announced that it will be bringing its popular Flash technology beyond computer screens to Internet-connected televisions, set-top boxes, Blu-ray players and other home entertainment devices.
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Oracle to buy Sun Micro

Oracle Corp said on Monday it will buy Sun Microsystems Inc for $9.50 a share, valuing the high-end computer server maker at more than $7 billion.
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Give Skype away to eBay shareholders?

EBay Inc may be hungry to jettison its ill-fitting acquisition of Skype and refocus on its core markets and payment businesses. But selling off in an initial public offering the Web communications company that now boasts more than 400 million members worldwide may not be the best outcome for existing shareholders.
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Panasonic, NEC unveil 9 Linux phones

NEC and Panasonic will unveil on Monday nine new cell phone models running the open-source LiMo operating system, wireless Linux foundation LiMo said at the Mobile World Congress trade show in Barcelona.
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eBay to say goodbye to Skype

eBay plans to spin off its Skype unit, acknowledging that the Web telephone service does not fit with the rest of the company, in an indictment of former CEO Meg Whitman's acquisition strategy.

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