From PC World: Yahoo agreed to sell its stake in South Korean e-commerce site Gmarket on Thursday following eBay's offer to buy the company's outstanding shares, part of a bid to strengthen its presence in South Korea.

Yahoo holds a roughly 10 percent stake in Gmarket. The company...

From CNET News.com: The company on Thursday reported a 90 percent fall in first-quarter net profits as the global recession took a big bite out of demand for mobile devices.

For the first quarter, which ended March 31, Nokia said that net profits fell to 122 million euros ($161.3...

From DailyTech: Microsoft's industry leading document and productivity suite, Microsoft Office, has seen new competition from the likes of Mozilla (Thunderbird), Open Office, Google (Google Docs, GMail), and others. However, Microsoft continues to lead the way in both revenue and...

From Tom's Hardware: AllThingsD reports, citing several sources with knowledge of the situation, that Bartz and Steve Ballmer are in talks that could see the two companies collaborate in search and advertising partnerships.

The news brings back memories of both a failed Yahoo...

From X-bit Labs: Microsoft Corp. may be preparing a rather significant launch of new Zune multimedia devices. The timeline is rather suitable for big product launches as during holidays a lot of people make more impulsive purchases. Currently there are rumours about portable digital...

From InfoWorld: Intel's new Westmere microprocessors are being sampled by PC makers and will ship in volume later this year, the company's CEO said Tuesday.

The chips have shipped to about 30 laptop and desktop PC makers for testing, said Paul Otellini, Intel's CEO, during an...

From PC World: AT&T wants to remain the exclusive U.S. iPhone provider until 2011 and is pressuring Apple to extend their business arrangement that is set to expire in 2010, according to reports. Apple is tight-lipped about the talks and only will comment it has "a great relationship...

From CNET News.com: Microsoft said this week that it will start widespread testing of the next version of the Office suite sometime in the third quarter, in preparation for a final launch of the product in the first half of next year.

The product, which has been code-named Office 14...

From DailyTech: Intel Corporation has announced results for the first quarter of its 2009 fiscal year. Revenue was $7.1 billion, down 26% from 2008. Its net profit for the quarter was $647 million, down 55% from last year. The primary reason for the sales and profit decline was...

From X-bit Labs: Globalfoundries was opened up for contract semiconductor business a little more than a month ago. However, the ex-manufacturing arm of Advanced Micro Devices is already working hard to attract new customers and has a rather aggressive technology roadmap. Already this...