Facebook smartphone could come by next year: report

Facebook hopes to release its own smartphone by next year, as the newly public social networking giant looks to boost its revenue in the mobile Internet market, the New York Times reported Monday.

PayPal lets Facebook friends send cash

Online financial transactions powerhouse PayPal released an application on Thursday that lets friends send one another cash at leading social network Facebook.

Microsoft takes Office into the 'cloud' (Update)

Microsoft took its Office software into the Internet "cloud" on Tuesday, moving the suite of popular business tools online amid budding competition from Google's Web-based products.

Google bids $900 million for Nortel patents

Internet giant Google said Monday it is bidding $900 million to buy the patent portfolio of Canadian technology company Nortel at a bankruptcy auction.

Adobe shares soar on Apple announcement

Adobe shares soared on Thursday after Apple appeared to open the door for programs converted from Adobe's popular Flash video software to run on the iPhone and other Apple devices.

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