TECHNOLOGY

Shares of Intel Corp and Advanced Micro Devices Inc fell on Tuesday after analysts downgraded shares of the world's top chip maker, warning of a weakening outlook for corporate and consumer IT spending globally.

Florida Attorney General Bill McCollum said on Tuesday he is suing the world's biggest makers of liquid crystal display screens for engaging in a conspiracy at the highest level to fix prices.

McAfee Inc, the No. 2 security software maker, said production of software code known as malware, which can harm computers and steal user passwords, reached a new high in the first six months of 2010.

Saudi Arabia will allow BlackBerry's Messenger service to continue beyond a 48-hour deadline due to positive progress made with manufacturer Research In Motion, the regulator said on Tuesday.

Oracle Chief Executive Larry Ellison blasted Hewlett-Packard on Monday for forcing CEO Mark Hurd to resign.

Private equity firm Kohlberg Kravis Roberts & Co said on Monday it has canceled plans to sell $500 million of new common units, less than one month after it listed on the New York Stock Exchange.

BlackBerry users in Saudi Arabia were left guessing for a second time in a week on Tuesday after a deadline to address security concerns about encryption lapsed, but service continued normally.

Political activists in Gulf states where the maker of BlackBerry faces possible bans say its messaging service boosted their ranks, and they are now on the hunt for new ways to evade authorities.

A deadline Saudi Arabia has fixed for BlackBerry manufacturer Research In Motion Ltd and local mobile phone operators to address security concerns has lapsed, but the handset's services continue to operate normally.

The female contractor whose sexual harassment accusation against Mark Hurd led to his ouster as chief executive of Hewlett-Packard came forward on Sunday, saying she never intended for Hurd to lose his job.

U.S. stocks rose on Monday in the quietest session of the year on speculation that the Federal Reserve would signal potential steps to boost the sluggish economic recovery.

Saudi Arabia told the kingdom's telecom operators on Saturday to test a proposed fix to the perceived national security threat posed by Research In Motion's BlackBerry smartphones, and said it would not ban service if the test was successful.

Oman has no plans to block BlackBerry services, the small Gulf state said on Monday, as regional heavyweight Saudi Arabia worked with the device's maker on a solution that could avert a ban of some services.

Bill Hewlett and Dave Packard would not be amused.

Mark Papermaster, the Apple executive in charge of iPhone engineering, has left the company weeks after the Antennagate controversy over complaints of poor reception on the company's latest smartphone.

Hewlett-Packard Co said it has received an extremely supportive response from investors and customers following the surprising ouster of Chief Executive Mark Hurd for expense account irregularities.

BlackBerry maker and Saudi mobile firms are testing three servers to send communications and data through Saudi Arabia before Canada to address Riyadh's concerns over security, a Saudi official said on Sunday.

Kuwait has no intention of stopping BlackBerry services for the time being but is talking to the device's manufacturer about moral and security concerns, the communications minister said on Sunday.

Hewlett-Packard Co's former chief executive officer Mark Hurd has reached a legal settlement with the woman who accused him of sexual harassment, and she has also agreed to release HP from legal claims, according to sources familiar with the matter.

Hewlett-Packard Co CEO Mark Hurd resigned on Friday after an investigation found that he had falsified expense reports to conceal a close personal relationship with a female contractor.

Hewlett-Packard Co said Chief Executive Mark Hurd has decided to resign following a sexual harassment investigation.

New York Attorney General Andrew Cuomo sued Samsung Electronics Co Ltd and other makers of liquid display crystal screens used in computers, flat-screen televisions and mobile phones on Friday for allegedly fixing prices for a decade.

Hewlett-Packard Co Chief Executive Mark Hurd resigned suddenly on Friday following an investigation of sexual harassment, the world's top computer maker said, stunning investors and sending shares down 10 percent.

Hewlett-Packard Co Chief Executive Mark Hurd resigned suddenly on Friday following an investigation of sexual harassment, the world's top computer maker said, stunning investors and sending shares down 10 percent.

New York Attorney General Andrew Cuomo sued Samsung Electronics Co Ltd and other LCD screen makers on Friday for allegedly fixing prices for a decade, after some of them pleaded guilty to similar federal charges and paid over $890 million in fines.

The makers of the BlackBerry were looking into the possibility of using servers in Saudi Arabia on Friday to avert a threatened ban on its Messenger services by Saudi government, which wants access to its encrypted network, a source said on Friday.

The arguments over whether several emerging nations can effectively hack BlackBerry devices give a rare glimpse of the shadowy world of state electronic surveillance already changing politics, espionage and business.

Saudi Arabia and BlackBerry maker Research In Motion are making progress in talks over access to the device's encrypted network, a source close to the negotiations said, and the kingdom had yet to carry out threats to cut its Messenger service early Friday morning.