TECHNOLOGY

The Pentagon said on Tuesday it might award a multibillion-dollar aerial tanker contract sooner than planned after Northrop Grumman Corp and Europe's EADS pulled out of the competition, leaving Boeing Co as the sole bidder.

Cisco Systems Inc, introduced a new router that it says will handle Internet traffic 12 times faster than rival products, as it looks to compete with rivals such as Juniper Networks Inc.

Amid growing demand for video and mobile applications for the largest network carriers, hardware maker Cisco on Tuesday unveiled its latest router, which the company says will give carriers 12 times the traffic capacity of currently available devices.

Cisco Systems Inc, the world's top maker of network equipment, introduced a router that it says can handle 12 times the Internet traffic of the nearest competing product.

Pink Floyd on Tuesday launched legal action against record label EMI in a case that centres around royalty payments and how music is sold in the digital age.

Sony Corp said it will launch 3D televisions in Japan in June, entering an increasingly crowded field of competition for what many see as the next hot product in the electronics industry.

U.S. officials said they were allowing U.S. technology companies to export chat and social media software to Iran, Sudan and Cuba, with the hope it will help their citizens communicate with the outside world.

Northrop Grumman Corp plans to announce on Monday that it will not compete for the U.S. Air Force's multibillion-dollar aerial tanker contract, forcing Airbus parent EADS to decide whether it will submit a solo bid, according to sources closely following the issue.

U.S. stocks were nearly flat on Monday as upbeat sentiment from AIG's sale of a unit and McDonald's sales data were offset by falling healthcare shares after President Barack Obama's criticism of health insurers.

Online retail sales in the United States could reach $248.7 billion by 2014, growing 60 percent from 2009, according to a study released on Monday.

Stocks were flat in early trading on Monday after a rally last week that saw the Nasdaq close at an 18-month high after encouraging jobs data.

A blogger, who had faced a military trial for an article critical of Egypt's armed forces, has been released without bail after apologizing and on condition he removes the posting, his lawyer said Sunday.

China has pledged to punish hackers who attacked Google if there is evidence to prove it, but said it has yet to receive any complaint from the world's top search engine.

Panasonic Corp will tie up with the top U.S. electronics chain Best Buy Co to market and boost the sales of its 3D TVs in the United States, the Nikkei business daily reported on Sunday.

Apple Inc said the first iPads will be in U.S. stores on April 3 and hit nine international markets later in the month, easing concerns that manufacturing constraints could delay launch.

Hewlett-Packard Co said it has lowered its first-quarter results by 3 cents a share as a result of years-old litigation involving EDS, which the company bought in 2008.

In bid to get more people to use Web-based applications, Google Inc. acquired DocVerse, a technology start-up that allows users to collaborate on Microsoft Office files online.

Global chip sales could rise by more than a fifth this year, bringing them back above pre-recession levels, industry watcher iSuppli said on Friday.

Apple officially set the release date of its highly-anticipated iPad for April 3, after months of speculation about when the device would become available to the public.

Shares of Apple rallied as it announced the release date of its anticipated iPad.

A space observatory has identified has revealed the chemical fingerprints of potentially life-enabling organic molecules in the Orion nebula, a nearby stellar nursery in our Milky Way galaxy.

Apple Inc said the first iPads will be in U.S. stores on April 3 and hit nine international markets from Japan to the United Kingdom later in April.

Apple Inc said on Friday that U.S. sales of its iPad tablet would kick off on April 3 and international sales would start later in April.

Microsoft said it will stick to its development strategy for the China Internet search market regardless of the outcome of Google's high-profile spat with Beijing.

Militant groups, foreign states and criminal organizations pose a growing threat to U.S. security as they target government and private computer networks, FBI Director Robert Mueller said on Thursday.

NASA on Thursday launched the latest in its family of meteorological satellites, adding to a number of spacecraft that watch storm development and weather conditions on Earth.

China is in consultations with technology giant Google to resolve its dispute with the company, which has threatened to abandon the Chinese market over hacking and censorship concerns, said a Chinese official on Friday.

Microsoft Corp is aiming to launch two phones that will be sold by top U.S. mobile operator Verizon Wireless in late spring or early summer, a person briefed on the matter said on Thursday.

Worldwide PC shipments are projected to total 366.1 million units in 2010, a 19.7 percent increase from 305.8 million units shipped in 2009, according to new research.