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Microsoft Xbox sales strong over holidays

Microsoft Corp said on Monday sales of its revolutionary Kinect sensing device for the Xbox game console have hit more than 18 million just over a year since launch.
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Authorities probe U.S.-China commission email hack

U.S. authorities are investigating allegations that an Indian government spy unit hacked into emails of an official U.S. commission that monitors economic and security relations between the United States and China, including cyber-security issues.
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HP unveils new glass encased laptop

Hewlett-Packard Co on Monday unveiled a new glass-encased laptop computer as the largest computer maker stepped up its efforts to chip away at rival Apple Inc's stronghold in high-end PC market.
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CES: AT&T promises 8 new high-speed devices

AT&T Inc announced plans to launch seven new smartphones and a tablet computer early this year for a new wireless network it is building, in an effort to catch up with bigger rival Verizon Wireless in high-speed wireless services.
The Olympus logo on its camera is seen in this illustrative photograph taken in Tokyo

Olympus Suing Current, Former Executives

Olympus Corp said on Tuesday it was suing 19 current and former executives including President Shuichi Takayama for up to 3.6 billion yen ($46.84 million) in compensation and that all current board members subject to the lawsuit would resign in March or April, as the firm struggles to recover from one of Japan's worst accounting scandals.
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Olympus says sues current, former executives

Olympus Corp said on Tuesday it was suing 19 current and former executives including President Shuichi Takayama for up to 3.6 billion yen ($46.84 million) in compensation and that all current board members subject to the lawsuit would resign in March or April, as the firm struggles to recover from one of Japan's worst accounting scandals.
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Juniper Networks cuts Q4 outlook

Network equipment maker Juniper Networks Inc cut its fourth-quarter outlook, primarily due to weaker-than-expected router demand from service providers, sending its shares down 4 percent in trading after the bell.
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Walmart's free offer could come with a price

As tax season begins, a decision by Wal-Mart Stores Inc to offer some free and discounted tax preparation in conjunction with its check-cashing services at more than 3,000 U.S. stores is less about giving back and more about bringing in, experts cautioned.
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Intel readies Ultrabook marketing barrage

Intel plans to make its biggest marketing push since 2003 for a new, super-thin category of laptops it has dubbed ultrabooks, hoping to fend off major strides made by Apple Inc and its MacBook Air into the high-end personal computing market.
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RIM touts PlayBook 2.0, minor BlackBerry upgrade

Research In Motion showed off a major update to the QNX-based software running its poor-selling PlayBook tablet and unveiled minor improvements to its legacy BlackBerry phone software at the Consumer Electronics Show on Monday.
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Google shares slide after Motorola earnings warning

Shares of Google Inc fell nearly 4 percent on Monday, after Motorola Mobility Holdings Inc's warning of worse-than-expected financial results raised concerns about Google's pending acquisition of the smartphone maker.
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Brocade fields bids for sale: sources

Brocade Communications System Inc has received first-round bids from a handful of potential buyers as the company explores a sale, sources familiar with the matter said.
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GameStop says videogames holiday sales up slightly

GameStop Corp said holiday sales increased slightly as sales of new video game software from PlayStation 3 and Xbox 360 titles such as Call of Duty 3 and Elder Scrolls V offset a 20 percent drop in hardware sales.
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Huawei unveils slimmest smartphone

Huawei Technologies Co Ltd, China's largest maker of telecommunications gear, unveiled a new smartphone on Monday it is touting as the slimmest on the market as it moves to boost its share on the global consumer market.

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