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Groupon fails to turn profit as revenue grows

Daily deals site Groupon on Wednesday issued its first earnings report as a publicly traded company, saying it failed to turn a profit despite revenue nearly tripling from a year earlier.

Singapore's SPH sues Yahoo! in copyright row

Asian media group Singapore Press Holdings is suing Yahoo! for copyright infringement, accusing the US Internet giant of reproducing its news items without permission.

Final version of NIST cloud computing definition published

After years in the works and 15 drafts, the National Institute of Standards and Technology's (NIST) working definition of cloud computing, the 16th and final definition has been published as The NIST Definition of Cloud Computing ...

Dutch tech company ASML posts profit rise

Dutch company ASML, a key global supplier of computer chip-making systems, said Wednesday net profits had jumped 32 percent in the third quarter and maintained its outlook to achieve record sales by the end of 2011.

Cyber-fraud tops $93 billion a year in Latin America

Fraud in online commerce and theft of confidential data, known as phishing, at banks in Latin America together top 93 billion dollars in yearly losses, an IT conference heard Wednesday.

Gartner sharply lowers 2011 PC growth forecast

Technology research firm Gartner has sharply lowered its forecast for personal computer sales growth for 2011, citing the weak economy and the impact of tablet computers.

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