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China's Baidu quarterly profit up 95 percent

Baidu Inc., which operates China's dominant search engine, said Tuesday its quarterly profit jumped 95 percent on traffic growth and strong spending by big advertising customers.

Research firm cuts 2011 PC sales forecast

(AP) -- Research firm International Data Corp. expects sales of personal computers to grow 4.2 percent this year, down from a previous forecast of 7.1 percent.

Nokia's mobile market share slips to 25%: Gartner

Nokia's share of the mobile phone market dropped to 25 percent in the first quarter of 2011, the lowest for 14 years, down from 30.6 percent at the same time last year, technology research group Gartner said on Thursday.

Deutsche Telekom profit down 37 pct to $696 mln

(AP) -- German telecommunications company Deutsche Telekom AG saw net profits fall 37 percent in the first quarter as it lost mobile phone customers in the U.S. and its business suffered in crisis-stricken Greece.

Venture-cap investments rise in 1Q

(AP) -- Funding to U.S. startups climbed during the first three months of the year, with venture capitalists putting more money into fewer companies, according to a study scheduled to be released Friday. Despite the decline ...

EBay profit up but shares hit by soft forecast

(AP) -- EBay Inc. said Wednesday its first-quarter profit rose 11 percent as consumers spent more on its main website, but a disappointing forecast for the current quarter pushed the company's shares down sharply in after-hours ...

'Collapse' in semiconductor demand hits ASML

Dutch computer chip equipment maker ASML announced net losses for the first quarter after a collapse in sales, but said it saw signs of improving market conditions.

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