News Corp. board backs Murdoch after hacking scandal

Rupert Murdoch claimed boardroom backing Wednesday to remain at the helm of News Corp. as he worked to shift attention from the phone-hacking scandal to his media behemoth's healthy bottom line.

Amazon 2Q profit falls but results beat Street

(AP) -- Amazon.com Inc. said Tuesday that its second-quarter profit fell despite a 51 percent jump in revenue as the leading online retailer spent heavily to expand its business.

EBay profit falls on charges, results beat Street

EBay Inc.'s PayPal online payment service and marketplaces business grew swiftly during the second quarter, helping its results beat analyst expectations, although charges from its recent purchase of retail website operator ...

BlackBerry maker sees challenges in phone launch

(AP) -- BlackBerry maker Research In Motion Ltd.'s co-CEO told shareholders Tuesday that the company is facing challenges as it moves toward what it calls its biggest product launch yet.

Crickets that live fast die young

Male crickets advertise their attractiveness with a loud and clear call to females. Calling effort has been linked to more mating success, but what are the hidden costs of showing off?

HP cuts outlook on services revamp, slow PC sales

(AP) -- Hewlett-Packard Co. is bracing for weaker financial results this year as it overhauls its services business to undo what its CEO described as years of neglect under his predecessor.

Cisco to cut costs and jobs as profits stall

(AP) -- Cisco Systems Inc., the world's largest maker of computer networking gear, said Wednesday that it's set to eliminate thousands of jobs as part of cost-cutting moves to get profits growing again.

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