TECHNOLOGY

Microsoft open to investing in search

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Microsoft Corp is willing to invest 5 to 10 percent of its operating income in its search business for up to five years, Chief Executive Steve Ballmer said on Thursday, as its Bing search engine gains ground with Web surfers.
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Microsoft makes gains with Bing

Microsoft Corp's Bing search engine won more market share from rivals last week, according to new industry data released on Wednesday, but still trails Google Inc and Yahoo Inc.
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U.S. wireless providers debate about competition

Amid complaints by smaller competitors that exclusive agreements by dominant wireless phone companies and handset makers hurt competition, AT&T said on Wednesday that competition in the industry is robust and it will increase over time.
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Sirius XM slated to launch iPhone app

Sirius XM Radio subscribers will be able to download software on June 18 that lets the satellite radio service's programing play on Apple Inc's iPhone.
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iPhone 3G S pre-orders sold out at AT&T

Preorders of the new Apple iPhone 3G S from the AT&T store online is already sold out, leaving many to have to resort to waiting in long queues at Apple and AT&T stores on Friday when it's officially launched.
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Verizon and AT&T deny collusion on texting prices

U.S. wireless carriers Verizon Communications and AT&T took issue with assertions that they colluded in setting prices for text messages, saying on Tuesday that prices for most customers had fallen and the market was competitive.
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Adobe profit slumps on weaker software demand

Adobe Systems Inc., the largest maker of graphic-design programs, reported a 41 percent drop in second-quarter profit, lower than analyst’s expectations, after the economy soured the demand from advertising customers.
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WD New high-speed SATA/PATA SSDs shipping starts

Western Digital on Tuesday said it has begun shipping its new SiliconDrive SATA/PATA SSDs with higher speeds, reliability and capacities for Embedded Systems and Data Streaming Applications design for OEMs.
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Mousavi supporters rally support on Twitter

Supporters of defeated Iranian presidential candidate Mirhossein Mousavi posted defiant messages on Twitter on Tuesday, calling for a second banned pro-Mousavi rally to go ahead and offering security updates.
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MySpace to lay off 30 percent of staff

MySpace, the social network owned by Rupert Murdoch's News Corp, said it will cut its staff by 30 percent to lower its cost as it struggles to maintain its popularity in the face of rising competition.
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Best Buy sales, forecast disappoint, shares fall

Best Buy Co Inc posted lower first-quarter earnings and weaker-than-expected sales on Tuesday and implied earnings for the rest of the year would be worse than forecast, dragging its shares down more than 7 percent.
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Britain to tap BBC for broadband-for-all plan

Britain is to provide universal broadband access by 2012 and plans to use a tax to fund superfast connections, it said on Tuesday as it outlined its digital vision requiring the BBC to share some funding.
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Britain targets 2012 broadband-for-all plans

Britain aims to provide universal broadband access by 2012 to make the country more competitive, it said on Tuesday, as it outlined its vision for a digital future that could require money taken from the BBC.

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