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Cisco uses cash hoard to buy Norwegian co. for $3B

(AP) -- Cisco Systems Inc. tapped its immense cash hoard and announced a deal Thursday to buy Norway's Tandberg ASA for $3 billion in a bid to dominate the global market for videoconferencing equipment.

Yahoo CEO mulling possible changes in strategy

(AP) — Recently hired Yahoo CEO Marissa Mayer may scrap the Internet company's plan to reward its long-tormented shareholders with a multibillion-dollar payout later this year, underscoring the uncertainty accompanying ...

Facebook to hold press event, stock passes $30

Shares of Facebook are pushing above $30 for the first time since July after it sent out invitations to "come and see what we're building" Tuesday at its headquarters in Menlo Park, Calif.

Apple bond offering among biggest ever

A bond offering from Apple expected to be priced later today will be one of the largest ever for a US company, according to leading financial newspapers Tuesday.

Nokia unveils metallic smartphone, stock tumbles (Update)

Nokia Corp. on Tuesday unveiled its first Lumia smartphone with a metal cover, low-light camera features and new social network apps. But the new model failed to impress investors, who sent the company's stock down more than ...

Alibaba tells Yahoo! to decide on takeover

Alibaba Group Chairman Jack Ma said Thursday he expects an answer from Yahoo! within weeks to his long-standing offer to buy all or part of the US Internet giant, saying delays were hurting both firms.

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