Apple on Tuesday reported a rise in its quarterly profit to $8.8 billion on hot iPad sales but missed lofty Wall Street expectations due, in part, to iPhone lovers waiting for a rumored new model.

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Apple Inc Chief Executive Tim Cook and top Samsung Electronic Co Ltd executives disagreed last week on the value of each other's patents at a settlement conference ahead of a high profile U.S. trial,

Facebook Inc faces immense pressure to beat Wall Street's financial targets when its delivers its inaugural quarterly earnings report next week, hoping to wash away the bad taste left with investors from a soured IPO.

Google on Thursday reported a surge in quarterly profit to $2.79 billion on the back of rising online advertising revenue, beating Wall Street expectations.

Google Inc's core Internet business increased revenue by 21 per cent in the second quarter, easing Wall Street worries that a slumping global economy would take a toll on the company's online advertis

Dell Inc's new software chief plans to increase the size of the business five-fold, a target that could eventually account for at least 25 per cent of the No. 3 personal computer maker's profits.

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Yahoo! said on Tuesday its profit in the past quarter fell modestly in results reflecting upheaval at the struggling Internet pioneer, which named a new top executive this week.

The company, which ap

Yahoo! announced Monday it had named 37-year-old Marissa Mayer, a key Google team member, as its chief executive, making her among the most prominent women in technology and corporate America.

Software giant Microsoft has parted company with NBC News, pulling out of their joint venture MSNBC to launch its own online news service, the two companies announced on Sunday.

Moving on ''allows us

Industry tracker Gartner on Tuesday said that worldwide spending on information technology (IT) was on pace to hit $3.6 trillion in 2012 despite trouble in the global economy.

The revised estimate by