MICROSOFT

The company says the only reason it may have brought a product late to the market was because of quality.

Apple announced an overhaul to the iMac with new features and a new processor.

Both Microsoft and Research In Motion took stock hits on Friday after bad news about their flagship products.

U.S. stocks advanced in early trade on Friday, following stronger-than-expected earnings from major companies including Caterpillar and Merck.

The companies whose shares are declining in pre-market trade on Friday are: Research In Motion, PDF Solutions, Deckers Outdoor, Manitowoc Co, Oncothyreon, Microsoft, Infinera, Jds Uniphase and Gap.

The top after-market NASDAQ Stock Market losers are: PDF Solutions, Oclaro, Research In Motion, Ensign Group, Deckers Outdoor, Internap Network Services, CoStar Group, CROCS, Oncothyreon, TeleCommunication Systems, and Microsoft.

Microsoft said late Thursday that the company's third-quarter earnings rose 31 percent increase, propped up by the company's entertainment division, but saw weakness in its core businesses.

Futures on major U.S. stock indices remained range-bound on Thursday ahead of economic data including key US GDP figures from the government.

Nokia has announced 4,000 people will be without a job by the end of next year; and 3,000 more will be transferred to Accenture to help the company transition to Windows Phone 7.

FBI continues to work on the Coreflood Botnet, remotely uninstalling it from countless infected PCs.

The U.S. International Trade Commission is stepping into another legal battle over gadgets, this time between Nokia and Apple.

Budget woes have temporarily shut down the only telescope array in the world dedicated to seeking signals from other worlds.

The ILOVEYOU virus of early 2000s fame is getting its own movie.

The Iranian government has not issued any details about kind of damage the Stars virus did. While Jalali did not accuse the U.S. or Israel directly, he did refer to attacks from the U.S. and Israel on Iranian web sites and Internet infrastructure.

Greenpeace says a number of tech giants have dirty data centers, which consume large amounts of energy from non-renewable sources.

The latest official update on the PlayStation Network (PSN) outage has alerted the users that the Network is set to be down for a full day or two, even as several questions and raging conspiracy theories on the outside attack on Sony emerged online.

A slideshow which showcases Microsoft co-founder and billionaire Paul Allen's many indulgences:

Jefferies & Co. said Nokia Corp.'s (NYSE: NOK) results threw out no worse news than it had expected but it maintained underperform thesis nonetheless.

The top after-market NASDAQ Stock Market gainers are: CDC Corp., Nanometrics, Intel, Yahoo!, and Hologic. The top after-market NASDAQ Stock Market losers are: Cree, TriMas, Ceradyne, ViroPharma, and Veeco Instruments.

The patent case between Microsoft and i4i argued yesterday before the Supreme Court could have ripple effects throughout the technology industry, as Microsoft is seeking to make it easier to prove patents aren't valid.

Iran is accusing German engineering company Siemens of aiding a cyber attack on the country's nuclear facilities, and is demanding legal action.