Reorganization costs hit Microsoft profit

Microsoft reported a drop in quarterly profit Thursday, dragged down by higher costs for restructuring and integrating Nokia mobile phone operations.

HP's missteps culminate in loss of 27,000 jobs (Update)

(AP) -- Hewlett-Packard CEO Meg Whitman has quantified the painful price that must be paid for the missteps of her predecessors as she tries to turn around the Silicon Valley pioneer. The bungling will wipe out 27,000 jobs ...

Apple 'considering investment' in Twitter

Computer and smartphone maker Apple has been discussing with social media company Twitter the possibility of making a significant investment in it, The New York Times reported.

Pandora net loss widens but revenue up sharply

Internet radio company Pandora on Thursday posted its first quarterly earnings since going public, reporting a wider net loss but revenue that more than doubled on solid advertising growth.

Micron, Oracle settle lawsuit over chip prices

(AP) -- Micron Technology Inc. has settled a lawsuit in which Oracle Corp. accused the Idaho memory chipmaker and other companies of artificially inflating prices for microchips.

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