TECHNOLOGY

Samsung Electronics promoted its chairman's son, Jay Y. Lee, as president in a move that tightens the founding family's grip over the world's biggest memory chipmaker as it battles slower growth.

'Farmville' maker Zynga Inc said it has acquired Texas-based mobile game development company Newtoy, Inc. for undisclosed terms to boost its social gaming portfolio.

Samsung Electronics <005930.KS> promoted its chairman's son, Jay Y. Lee, as president in a move that tightens the founding family's grip over the world's biggest memory chipmaker as it battles slower growth.

A report from Nielsen shows that in the smartphone market, it's a battle between Android and iPhone for many users, with Blackberry holding its own but in danger of losing its traditional dominance.

'Do not track' legislation gains momentum with backing from the FTC and privacy advocates.

The U.S. defense budget will likely decline somewhat in coming years, although it is not clear exactly when or by how much, a top Pentagon official told an investor conference on Thursday.

DirecTV Group plans to expand its customer base by offering cheaper TV packages with fewer channels and exploring new ways of bundling Internet access with its satellite TV service, the company's top executive said on Thursday.

Research In Motion has bought Swedish design company The Astonishing Tribe as the BlackBerry maker seeks to enhance the look and functionality of its screens ahead of the launch of its PlayBook tablet.

DirecTV Group expects to add significantly in excess of 200,000 net new subscribers in the United States in the current quarter, Chief Executive Mike White said on Thursday.

Apple has updated the terms of service for their Game Center application to display a gamer's real name along with the nickname while sending invitation to friends, a move that is geared towards decreasing anonymity in gaming.

The cloud computing market in India is expected to grow at a ccompounded annual growth rate of 40 per cent by 2014, IT research firm IDC on Thursday said.

Barry Diller is stepping down as chief executive of IAC/InterActiveCorp, the company said, adding it had bought out one of its largest shareholders, John Malone's Liberty Media Corp.

The global version of its iPlayer service will be on a subscription-only basis and will only be available on the iPad, said BBC.

After racking up strong earnings growth in 2010, major U.S. manufacturers are expect to set the stage for a slower-paced 2011 when they meet with analysts and investors to lay out their expectations for the coming year.

The cryptographic kernel of its BlackBerry 6 mobile operating system has earned the FIPS 140-2 security certification, said Research In Motion.

The U.S. General Services Administration (GSA) goes Google. GSA will move 17,000 employees and contractors to Google apps for Government.

Graphics chip maker Nvidia unveiled its new graphics card - Nvidia NVS 300 -- for the enterprise sector that can support up to eight displays simultaneously while consuming minimal power, which is considered as a key factor in running multiple displays.

While the company is not confirming details, a media report says their new endeavor will be an open platform with an attached retail store.

The wireless network provider says the new network will be 10 times faster than 3G.

After facebook, Twitter, now LinkedIn is focused on its “new share button”.

Congress is looking at whether a do not track law, while internet advertisers and web software companies craft a response.

A group called “Manhattan Declaration” has written a letter to Steve Jobs to restore the “anti-gay” apps from the Apple store, the Manhattan Declaration blog said.

BP Oil Spill, FIFA World Cup, Lady Gaga, Justin Beiber, iPhone are among the top searches in 2010, according to the Yahoo's 'Year in Review' report which tallies hot searches on a variety of lists.

Two weeks after testing out Twitter for the first time, Tiger Woods engaged the social network with a flurry of activity on Tuesday.

Cyber Monday sales were up, with mobile shoppers making a significant showing for the first time.

ON Semiconductor is boosting its purchase price of Sanyo Semiconductor, according to a Securities and Exchange Commission filing.

Level 3 and Comcast are in a dispute over the transmission of video on the Internet, and the outcome could have large implications for companies that transmit video over broadband networks.

Shipments of PCs are up 14.3 percent from last year, but that's below expectations.

Google has introduced its latest version of Google Earth, their interactive digital atlas.