Facebook's initial public offering is the subject of two congressional inquiries and mounting lawsuits as the social network enters its fifth day of public trading.

Joining the battle to redefine Internet search, Yahoo is taking aim with a new browser enhancement it calls "Axis."

In the summer of 2010, Signal Snowboards created the Web series "Every Third Thursday" to showcase the company's experimentation with funky concept boards. Think Science Channel’s “How It’s Made” — except with a lot more sass and a funkier setting.

Hewlett-Packard CEO Meg Whitman has quantified the painful price that must be paid for the missteps of her predecessors as she tries to turn around the Silicon Valley pioneer. The bungling will wipe out 27,000 jobs so HP can save enough money to lift its earnings and invest in the development of more profitable products and service.

Bob Moog's synthesizer helped change the sound of modern music. On what would have been his 78th birthday, Google is paying tribute to the man with a virtual version of his famous Moog on their homepage — and it's completely playable.

Google’s Android operating system and Apple’s iOS platform showed big market share gains in the first quarter of 2012 as Symbian and BlackBerry shipments plummeted. Market research firm IDC on Thursday published its global smartphone market share report for the first quarter of this year, and Google’s Android was far and away the biggest winner in terms of year-on-year shipment gains. According to IDC’s study, Android shipments during the quarter totalled 89.9 million units, up a staggering 145% from 36.7 million in the first quarter of 2011. iPhone shipments were up 88.7% over the first quarter last year to 35.1 million units, giving Apple 23% of the smartphone market in the first quarter compared to Google’s 59% share. “The popularity

BRUSSELS (Reuters) - World No.2 telecoms equipment maker Huawei has called for EU antitrust regulators to intervene in a dispute with InterDigital, saying the U.S.-based firm is demanding "exploitative" fees for use of its 3G mobile phone patents. Huawei filed a complaint with the European Commission on Wednesday, after failing to reach a deal with the wireless technology patent holder, making it the latest company to take a patent grievance to the EU watchdog. "Huawei ... ...

Joining the battle to redefine Internet search, Yahoo is taking aim with a new browser enhancement it calls "Axis."

Facebook's initial public offering is the subject of two congressional inquiries and mounting lawsuits as the social network enters its fifth day of public trading.

HONG KONG (Reuters) - Sovereign wealth fund China Investment Corp (CIC) is in advanced talks to buy an up to $2 billion stake in Alibaba Group, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it needs to buy back part of its stake from Yahoo Inc. The involvement of CIC, China's giant sovereign wealth fund which manages around $410 billion in assets, underlines the significance of the deal Alibaba has struck with Yahoo, which returns voting control back to founder Jack Ma. It also emphasises the potential value of the company. ...

TOKYO (Reuters) - Japan's Sharp Corp will supply technological know-how to Taiwan's Hon Hai Precision Industry Co for a plant in China that will produce panels for Apple Inc's iPhone and other consumer electronics products, the Nikkei business daily said on Thursday. Shares of Sharp, which is trying to turn around its fortunes after sinking to a record net loss of 376 billion yen ($4.75 billion) in the just-ended financial year, surged 7 percent after the report. An agreement to share its technology would further tie Sharp to the Taiwanese company, which in March agreed to buy a 46. ...

SAN FRANCISCO (Reuters) - The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies." The Nasdaq stock exchange also came under further pressure as a source close to the situation told Reuters that NYSE Euronext had opened discussions with Facebook about a potential stock listing there. Nasdaq also faces litigation from angry investors. ...

The reaction to Yahoo!’s brand new visually enhanced browser, Axis, has polarized social media users. Many are impressed by the company’s iOS app while others urge users to be wary of the desktop plug-in.

Yahoo! has joined the browser game with Axis, a new internet browser that aims to redefine search.

TOKYO/TAIPEI (Reuters) - Japan's loss-making Renesas Electronics Corp said on Thursday it will tie up with Taiwan Semiconductor Manufacturing Co in the microchip business as it struggles to keep up with aggressive rivals like Samsung Electronics. Renesas gave no details on the tie-up, which it will reveal in a news conference next Monday, but chipmakers increasingly are tapping the technological prowess of companies such as TSMC, the world's biggest contract chipmaker, to rein in costs. ...

SAN FRANCISCO (Reuters) - Hewlett Packard Co plans to lay off roughly 27,000 employees or about 8 percent of its workforce over the next couple of years to jumpstart growth and save up to $3.5 billion annually, sending its shares 11 percent higher. The company said the layoffs would be made mainly through early retirement and would generate annual savings of $3 billion to $3.5 billion as it exits fiscal year 2014, when the layoffs are expected to the completed. The world's No. ...

HONG KONG (Reuters) - With home turf advantage in the world's biggest computer market and a foothold in major emerging economies, China's Lenovo Group is looking to turn market share into profit, heaping more pressure on U.S. rivals Hewlett-Packard Co and Dell Inc. Concern that global tech spending, particularly in the developed world, is weakening faster than expected has battered Dell shares and prompted HP to axe some 27,000 jobs. To counter weakness in consumer spending in major cities in the world's second-largest economy, Lenovo is Casting its net wider. ...

Amazon on Wednesday announced that it has reached a licensing agreement with Paramount Pictures that will enable Prime Instant Video customers in the U.S. to stream hundreds of new hit movies over the next three years. The service, which is available for $79 a year and offers customers free two-day shipping, now features more than 17,000 movies and TV episodes. “We are continuing to invest in building a vast selection for Prime Instant Video and are excited to bring Prime customers some of the most renowned and popular films in cinema history under this new agreement with Paramount,” said Brad Beale, director of digital video content acquisition for Amazon. “This deal will bring Prime Instant Video customers hundreds of new

Hewlett-Packard CEO Meg Whitman has quantified the painful price that must be paid for the missteps of her predecessors as she tries to turn around the Silicon Valley pioneer. The bungling will wipe out 27,000 jobs so HP can save enough money to lift its earnings and invest in the development of more profitable products and service.

TEL AVIV (Reuters) - Intel Corp is launching research in Israel into technology that mimics the human brain and develops devices that "learn" about their user. "Machine learning is such a huge opportunity," Justin Rattner, Intel's chief technology officer, told reporters in Tel Aviv. "Despite their name, smartphones are rather dumb devices. My smartphone doesn't know anything more about me than when I got it," he added. "All of these devices will come to know us as individuals, will very much tailor themselves to us. ...

Apple, the world’s most valuable company, is also the world’s most valuable brand according to a recent study by market-research firm Millward Brown. Over the past year, the Cupertino-based company has boosted its brand value by 19% to $183 billion. Facebook, the world’s largest social network, is said to now placed in the No.19 spot with a brand value of $33.2 billion, an increase of 74%. Seven of the top 10 brands were technology companies, however McDonald’s, Coca-Cola and Marlboro remained strong at number four, six and seven respectively. IBM’s brand value shockingly traded places with Google and rose to second place, while Microsoft remained strong in the fifth position. Mobile carriers AT&T, Verizon and China Mobile completed the top 10. [Via

SAN FRANCISCO (Reuters) - Google Inc's Android mobile platform has not infringed Oracle Corp's patents, a California jury decided, putting an indefinite hold on Oracle's quest for damages in a fight between the two Silicon Valley giants over smartphone technology. In a case that examined whether computer language that connects programs and operating systems can be copyrighted, Oracle claimed Google's Android tramples on its intellectual property rights to the Java programming language. ...