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'Gangnam Style' a YouTube ad hit: Google

Google on Tuesday touted YouTube video "Gangnam Style" by South Korean rapper Psy as an advertising success that has reaped more than $8 million in ad revenue.

Verizon 1st-qtr profit, revenue beat expectations

(AP) -- Verizon Communications Inc. said Monday its earnings grew 5 percent in the first quarter, boosted by its acquisition of Alltel Corp. and strong demand for its wireless, Internet and TV services.

Economy keeps hurting eBay as 2Q profit falls

(AP) -- The recession continued to hurt eBay Inc. in the second quarter, as earnings and revenue fell amid a sales decline in the main online marketplace, overshadowing growth in the PayPal online payments and Skype communications ...

Nokia finalises Nokia Siemens buy, changes name

Finnish mobile phone maker Nokia said Wednesday it had finalised the purchase of German engineering giant Siemens' 50 percent stake in Nokia Siemens Networks, and changed the company's name.

Sharp shares soar in Tokyo on profit report

Sharp shares jumped nearly 13 percent in Tokyo trading on Friday after a Japanese media report said the embattled electronics giant logged an operating profit in the last quarter of 2012.

IBM bumps guidance again, but revenue falls short

(AP) -- IBM raised its full-year guidance again on Monday, offering fresh evidence of the company's ability to wring profit from technology services and software contracts.

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