From PC World: Swedish operator Ericsson saw declining profits for its fourth quarter and will lay off 5,000 employees in a continuing effort to cut costs, the company said Wednesday.

The company plans to achieve annual savings of 10 billion Swedish kronor (US$1.2 billion) from the...

From CNET News.com: IBM reported Tuesday a 12 percent increase in fourth-quarter earnings, coming in stronger than analysts' expectations.

Big Blue generated net income of $4.4 billion, or $3.28 a share, for the quarter, up 12 percent over the same period a year ago.

Wall Street...

From DailyTech: New 50nm DDR3 DIMMs from Samsung and Elpida are entering mass production this month. The chips will feature higher densities and speeds while lowering latencies, power consumption, and costs.

Elpida's new 50nm process uses 193nm argon fluoride immersion lithography...

From X-bit Labs: Asustek Computer, the world’s largest maker of mainboards and a leading producer of notebooks, plans to reorganize the company in a bid to optimize its resources and also streamline its operations. Under the restructuring, Asustek will reduce its “manpower” in...

From X-bit Labs: Qualcomm on Tuesday said that it has acquired certain graphics and multimedia technology assets, intellectual property and resources that were formerly the basis of AMD’s handheld business. The acquisition enhances Qualcomm’s multimedia capabilities as well as...

From InfoWorld: IBM has introduced LotusLive, which it describes as a portfolio of integrated Internet-hosted services for social networking and collaboration in workplaces.

LotusLive's Web site is now the portal where all of IBM's Lotus "cloud" offerings are located, including e...

From PC World: Florida mainframe manufacturer T3 Technologies has filed a formal complaint against IBM with the European Union's antitrust authority, it said Tuesday. In its complaint, T3 accuses IBM of refusing to sell its mainframe operating system to customers wanting to run it on...

From CNET News.com: On Friday, The Daily Background Web site revealed how someone, apparently Belkin business development representative Mark Bayard, had used the Mechanical Turk service to ask users to write positive reviews of a Belkin product at a rate of 65 cents per review. The...

From CNET News.com: Within the next few months, Cisco Systems, the largest maker of networking equipment, plans to release a product that threatens to shake up the technology industry and put the company on a collision course with traditional partners like Hewlett-Packard and IBM...

From DailyTech: According to numbers released by NPD, PC game sales in the United States fell to $701 million in 2008, down 14% from 2007. During 2007, PC games sales fell by 6%. In comparison, video game console software revenue grew by 26% in 2008 according to a Gamasutra article...