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Fujitsu to buy Telstra's IT unit in Australia

Japan's Fujitsu Ltd. said Monday it had agreed to buy Australian telecoms giant Telstra's IT services unit for 200 million Australian dollars (127 million US).

Google buys smartphone photo app maker Nik

Google on Monday announced that it bought the company behind photo-sharing application Snapseed in a move evidently aimed at countering Facebook's acquisition of Instagram.

United Technologies 4Q profit down but sales grow

United Technologies Corp. posted a 26 percent drop in fourth-quarter net income from continuing operations on Wednesday due to one-time items including restructuring costs and completing its $18.4 billion Goodrich acquisition.

Verizon online unit cutting 'less than 4%' of workforce

Verizon's online unit Oath—which includes the AOL and recently acquired Yahoo brands—is cutting several hundred jobs as part of a reorganization, a source familiar with the move said Thursday.

Google buys Songza streaming music service

Google on Tuesday said that it has bought Songza, a free online streaming music service that recommends tunes based on what people might be in the mood to hear.

Dish Network 3Q earnings climb 30 percent

(AP) -- Dish Network Corp. posted another loss of subscribers from its slowly dwindling satellite-TV business, even as larger competitor DirecTV adds to its base.

eBay buys recommendation service Hunch

Internet auction giant eBay said Monday it has bought Hunch, an online service which provides users with personalized recommendations for products and services.

Yahoo! sets event amid Tumblr talk

Yahoo! scheduled a news conference Monday amid reports it was in talks on with the popular blogging platform Tumblr about an acquisition or strategic alliance.

IBM's 3Q earnings flat, revenue slides 5 percent (Update)

IBM's revenue slipped below Wall Street's expectations in the third quarter as the technology company dealt with jittery customers and a weakening euro that undercut its results. Despite the problems posed by the wobbly economy, ...

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