Microsoft chief says China piracy very costly

Microsoft chief executive Steve Ballmer has said rampant software piracy in China has eaten into his company's revenue in what is soon to be the world's top PC market, a report said Friday.

In first, streaming the top money maker in US

Streaming has become for the first time the top money-maker for the US recorded music business, but it has struggled to offset falling CD sales and downloads, industry data showed Tuesday.

Apple quarterly profit leaps, nears $1 trillion value

Apple said Tuesday that its profit had jumped more than 30 percent to $11.5 billion in the recently ended quarter, besting market expectations despite selling fewer iPhones than analysts projected.

News Corp fiscal 2Q earns top expectations

News Corp., the publishing company controlled by Rupert Murdoch, reported second-quarter earnings that exceeded Wall Street forecasts while revenue declined as expected, reflecting slower advertising sales.

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