From CNET News.com: Intel's second-quarter profit surged past the dismal earnings reported in the same period last year.

For the quarter, which ended period ended June 26, Intel earned $2.9 billion, or 51 cents a share, one of the biggest profit showings in its history. And it was...

From CNET News.com: A company called XPRT Ventures says transaction system PayPal knowingly incorporated XPRT's e-commerce technology, for which it had filed for U.S. patents, into its own patent applications back in 2003--and has served parent company eBay with a $3.8 billion...

From DailyTech:
In the infamous Recording Industry Association of America's (RIAA) 2008 IRS tax filing, the organization revealed the stunning financial futility of its battle against piracy. The document[PDF], obtained by P2PNet, reads like a lawyer's dream and like a financial...

From DailyTech: Customers first started complaining about yellowed screens, problems with the proximity sensor, and issues with reception due to the external antenna on the iPhone 4. The latter problem has resulted in a class action lawsuit against both Apple and AT&T.

Earlier this...

From X-bit Labs: Intel Corp. said that it would not shelve its Celeron-branded microprocessors either this or next year. Nonetheless, the company has not disclosed any plans about updating the lineup of its Celeron chips with newer offerings.

"The rumor is not true, Intel has no...

From X-bit Labs: Andy Parsons, the chairman of the Blu-ray disc association said in an interview that the adoption rate of the Blu-ray disc format is the same as compared to DVD during the same period of the format’s lifespan. The head of BDA refuted comments presumably issued by...

From InfoWorld: Just a day before Microsoft drops support for Windows XP Service Pack 2 (SP2), the company announced on Monday that people running some versions of Windows 7 can "downgrade" to the aged operating system for up to 10 years.

The move is highly unusual. In the past...

From PC World: IBM took responsibility for a major IT system failure suffered by one of Singapore's largest banks on July 5, saying an employee's error caused the outage.

n a statement released Tuesday, IBM said problems started when software monitoring tools detected "instability"...

From CNET News.com: Hewlett-Packard's photo- and video-sharing service, Snapfish, on Monday announced that it has acquired video host Motionbox.

Snapfish, which was acquired by HP in 2005, has long had its own video-sharing tools, as well as a burgeoning photo-printing business...

From CNET News.com: Facebook is battling a lawsuit filed by a New York man who claims he owns 84 percent of the social-networking company.

Paul D. Ceglia of Wellsville, N.Y., claims in a lawsuit (see below) that he entered into a contract with Facebook founder Mark Zuckerberg in...