Nasdaq futures rise on Apple profit

NEW YORK (Reuters) - Nasdaq 100 futures edged higher late on Tuesday after Apple Inc posted revenues after the market's close that greatly exceeded expectations.

Apple smashes Street views, revenue soars

SAN FRANCISCO (Reuters) - Apple Inc's quarterly revenue again crushed Wall Street expectations, driven by blockbuster sales of its hot iPhones and iPads.

Yahoo revenue dips in Q2, shares fall

SAN FRANCISCO (Reuters) - Yahoo Inc's net revenue declined slightly in the second quarter on weakness in its display advertising business, and shares of the Internet search company...

Apple directors talked CEO job with recruiters: report

LOS ANGELES (Reuters) - Several Apple Inc board members have discussed a successor to CEO Steve Jobs since the Silicon Valley icon went on medical leave in January, and have...

Frustrated judge pushes Google digital book deal

NEW YORK (Reuters) - A Manhattan federal judge set a September 15 deadline for Google Inc, authors and publishers to come up with a legal plan to create the world's largest digital...

Baidu in landmark pact with record labels

SHANGHAI (Reuters) - Baidu Inc, China's largest search engine, has signed an agreement with top music studios to distribute licensed songs through its mp3 search service, ending...

Murdoch newspapers tighten computer security after hack

LONDON (Reuters) - Rupert Murdoch's British newspaper group told staff to change their passwords and tighten security, sources said on Tuesday, after hackers attacked the website...

Isis hooks up with four credit networks

NEW YORK (Reuters) - Isis, a venture of three of the top four U.S. mobile providers, plans to launch mobile payments services with the major payments networks Visa, MasterCard,...

FBI launches searches in probe of Anonymous

NEW YORK (Reuters) - The FBI raided six locations in New York and conducted searches in California on Tuesday as part of an investigation of the Internet vigilante hacking group...

Cisco to cut workforce by 15 percent, sell factory to Hon Hai

NEW YORK/SAN FRANCISCO (Reuters) - Cisco Systems plans to cut 15 percent of its staff and sell a set-top box factory as part of a plan to cut annual expenses by $1 billion as the...

Canada won't block $4.5 billion sale of Nortel patents

OTTAWA (Reuters) - The Canadian government will not review the purchase of patents belonging to bankrupt Nortel Networks by a group that includes Apple Inc, Microsoft Corp and...

State Street to offer app for mobile devices

BOSTON (Reuters) - State Street Corp , one of the world's largest recordkeepers for institutional investors, is promising pension and hedge fund managers real-time access to...

Verizon to dominate Q2 wireless growth

NEW YORK (Reuters) - Verizon Wireless is expected to far outstrip its biggest rivals AT&T; Inc and Sprint Nextel in subscriber growth for its first full quarter selling the Apple...

Basic Nokia phones more profitable than smartphones

HELSINKI (Reuters) - Nokia's basic phones generate much better operating profits than its smartphone line-up, the Finnish mobile phone company said on Tuesday when unveiling...

FDA plans oversight of some mobile medical apps

LOS ANGELES (Reuters) - A fast-growing number of software applications offers doctors the chance to view X-rays or monitor heart rates from iPads or smartphones, prompting U.S....

China Web users hit 485 million

SHANGHAI (Reuters) - The number of Chinese Internet users hit 485 million at the end of June, with microblogging and group-buying posting the highest user growth rates, a Chinese...

Hackers breach Murdoch's Sun newspaper website

LONDON (Reuters) - Computer hackers broke into the website of Rupert Murdoch's best-selling British tabloid and altered the front page to show a fake report about the media mogul's...

Microsoft seals record year, stock still stuck

SEATTLE (Reuters) - Microsoft Corp is set to post a 9 percent jump in fiscal fourth-quarter profit on Thursday, putting the cap on its best financial year ever, but investors are...

Kodak did not infringe on Apple patents, says ITC

WASHINGTON (Reuters) - The International Trade Commission on Monday upheld a decision by one of its judges that Eastman Kodak did not infringe Apple Inc patents for digital...

IBM's services signings surge, stock rises

BOSTON (Reuters) - IBM's signings of new business at its services division surged 16 percent in the second quarter, trouncing expectations and raising hopes that 2011 will be a...