Amazon tablet seen aiming to widen e-commerce lead

SAN FRANCISCO (Reuters) - Amazon.com Inc will launch a tablet computer this year to extend its position as the world's largest Internet retailer, expand in mobile commerce and sell...

As CO2 levels rise, land becomes less able to curb warming:study

SINGAPORE (Reuters) - Wetlands, forests and farmlands soak up large amounts of carbon dioxide but rising amounts of the gas in the atmosphere mean these carbon "sinks" could become...

SAP attacks $1.3 billion Oracle verdict at hearing

SAN FRANCISCO (Reuters) - Oracle Corp and SAP AG have not had any settlement talks since a $1.3 billion verdict against SAP last November, an attorney for Oracle said in court.

Analysis: Guilty pleas hint at next steps in insider cases

NEW YORK/BOSTON (Reuters) - A fresh round of insider-trading prosecutions involving hedge funds may be in the works judging by some unusual name-dropping during two recent guilty...

Exclusive: China Telecom plans iPhone launch near year-end

HONG KONG (Reuters) - China Telecom Corp Ltd plans to offer its 106 million subscribers the Apple Inc iPhone by the end of 2011, sources said on Wednesday, which would make it...

EBay, Newell Rubbermaid invest in Shipwire

SAN FRANCISCO (Reuters) - EBay Inc invested in logistics provider Shipwire, according to a statement Wednesday, the latest example of the e-commerce company's push to add more...

UK spies losing Web experts to private sector: report

LONDON (Reuters) - British intelligence eavesdroppers are suffering a steady loss of Internet experts to the private sector because the likes of Google and Microsoft offer much...

Fresh blow for Nokia as NSN stake sale abandoned

HELSINKI (Reuters) - Struggling Nokia suffered a fresh blow on Wednesday when it abandoned plans to sell a stake in its network gear venture with Siemens .

Electronic Arts buying PopCap Games for up to $1.3 billion

NEW YORK (Reuters) - Electronic Arts Inc, the video game publisher, is buying PopCap Games in a deal worth up to $1.3 billion as it tries to ramp up its social and casual games...

Samsung, HTC, Apple to show Q2 cellphone gains

HELSINKI/SEOUL (Reuters) - Samsung Electronics and HTC are predicted to be the big winners in the global cellphone market in the second quarter, benefiting from booming demand...

Toshiba, Hynix say to collaborate on MRAM development

TOKYO (Reuters) - Japan's Toshiba Corp and South Korea's Hynix Semiconductor said on Wednesday they have agreed to jointly develop Magnetoresistive Random Access Memory, or MRAM,...

Apple chief patent lawyer leaving: sources

SAN FRANCISCO (Reuters) - Apple Inc's chief patent counsel will soon leave the company, at a time when the iPhone maker is fighting numerous legal battles around the world,...

Exclusive: China Telecom plans iPhone launch year-end

HONG KONG (Reuters) - China Telecom Corp Ltd plans to offer its 106 million subscribers the Apple Inc iPhone by the end of 2011, sources said on Wednesday, which would make it...

Sina to launch virtual currency for Weibo in Q3 -source

SHANGHAI (Reuters) - China's Sina Corp will launch a virtual currency for its highly popular microblogging service, Weibo, in the third quarter this year, the firm's first real...

Wall Street ends 3-day drop with help from Bernanke

NEW YORK (Reuters) - Stocks stopped a three-day slide, but ended well off the highs on Wednesday as investors took the suggestion of further Federal Reserve stimulus as a mixed...

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  Today's Business

Netflix raises DVD, streaming plan price by 60 percent

LOS ANGELES (Reuters) - Netflix Inc hiked monthly prices for customers who use both its mail and online services, a move that could steer users toward its growing Internet...

RIM deflects criticism at annual meeting

WATERLOO, Ontario (Reuters) - Research In Motion executives deflected criticism from investors who complained the BlackBerry maker has been mismanaged and marketed poorly as rivals...

Billions of bugs wiped out on Dutch roads

AMSTERDAM (Reuters) - Dutch motorists kill about 133 billion insects a month, splattering bugs on their vehicles and eliminating important members of the food chain, according to a...

Analysis: Doubt creeps in to tech valuations at Sun Valley

SUN VALLEY, Idaho (Reuters) - When people worry about valuations, Eric Schmidt likes to remind them about Google Inc. The Internet search provider made its stock debut in 2004 at...

Applied Materials warns of tough economies

SAN FRANCISCO (Reuters) - Chip manufacturing equipment maker Applied Materials said tough economic conditions in Europe and the United States were hurting demand, and it...