Google to buy video compression firm for $106.5M

(AP) -- Data storage company NetApp Inc. said Wednesday it agreed to buy data backup and disaster recovery systems provider Data Domain Inc. for $25 per share in cash and stock, or about $1.5 billion.

(AP) -- Chip maker Texas Instruments says its second-quarter earnings fell 56 percent from a year ago, clipped by a weak economy that the company expects will "take some time" to strengthen.

Yahoo Inc. shares rose 4 percent Friday amid speculation it will team up with Microsoft Corp. in an online search advertising partnership aimed at mounting a more serious challenge to Google Inc.

(AP) -- Chip designer Broadcom Corp. is launching a $764 million hostile takeover offer for network gear maker Emulex Corp. Broadcom said Tuesday the deal would help it develop new technologies for corporate data centers.

(AP) -- Microsoft Corp. will pay shareholders a quarterly dividend of 13 cents, the same as last quarter.

(AP) -- The nation's largest cable TV provider is reporting a 6 percent jump in first-quarter earnings.

Online video site Hulu is again up for sale, with Yahoo and pay TV operators DirecTV and Time Warner Cable among the seven bidders, according to a person with direct knowledge of the matter.

(AP)—Netflix is hoping this weekend's release of the resurrected TV series "Arrested Development" will draw more subscribers to its Internet video service.

PayPal is doubling down on efforts to bring the mobile payment platform to brick-and-mortar stores and restaurants, offering new pay-from-your-smartphone services that threaten to make the physical wallet obsolete.

Apple Inc. Chief Executive Tim Cook disclosed during a Senate hearing this week that the tech giant will invest more than $100 million to build a factory in the Lone Star State, where it will assemble a line of Mac computers.

(AP)—News Corp. says its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies.

The US International Trade Commission sided with Microsoft in a patent dispute with Google-owned Motorola Mobility that could have led to Xbox 360 videogame consoles being banned from import.