Tech: Intel leads broad tech losses after warning

Date: Wed, 07 Jan 2009 18:00:10 -0500

Tech Stocks: Intel leads broad tech losses after warning
1/7/2009 4:27 PM ET
Technology stocks close with broad losses as a revenue warning issued
by Intel Corp. and a fraud committed by one of India's largest
technology services companies highlight a dismal day in the sector.

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Microsoft wins vaunted Verizon mobile search deal
1/7/2009 5:43 PM ET
Microsoft Corp. has bested rivals Google Inc. and Yahoo Inc. by
securing an agreement to become the default provider of Internet
search service to mobile phone customers of Verizon Wireless.

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EMC reports preliminary results, plans to cut 2,400 jobs
1/7/2009 5:14 PM ET
EMC reports preliminary fourth-quarter results that are in line with
its earlier forecasts and says that it would cut 2,400 jobs along with
the salaries of Chief Executive Joe Tucci and other top executives as
it move to cut costs.

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As other Clearwire backers get stung, eyes turn to Google
1/7/2009 4:28 PM ET
Strategic investors in Clearwire Corp. post a flurry of bad news
related to their stakes in the wireless services company, drawing
attention to one of its other more prominent backers: Google Inc.

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Satyam shares crash in Mumbai after $1 billion overstatement
1/7/2009 4:14 PM ET
Shares of Satyam Computer Services crash 77% in Mumbai, after the
founder and chairman of India's fourth-largest software company
resigns, saying the company had inflated its cash and bank balances on
the balance sheet by more than $1 billion.

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Intel cuts fourth-quarter sales target again
1/7/2009 4:12 PM ET
Intel Corp. again cuts its fourth-quarter sales outlook, underscoring
the stunning drop in demand in the personal computer market amid a
weakening global economy.

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CES reporter's notebook: LG goes 007 with watch phone
1/7/2009 1:09 PM ET
Kicking off the first major press conference at the Consumer
Electronics Show, LG Electronics also debuted the first buzz-worthy
product of the event: a touch-screen cell phone built into a watch.

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Israel Stocks: Tel Aviv in broad retreat, snapping seven-session win streak
1/7/2009 10:52 AM ET
Israel stocks snap a seven-session winning streak, as investors sell
shares of Israel Chemicals, drug shares, Oil Refineries Ltd., and
Elbit Systems lower.
Investors discount conflict with Hamas in the Gaza Strip.

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China awards 3G licenses to domestic mobile operators
1/7/2009 9:41 AM ET

China issues the first of its long-awaited licenses for
third-generation mobile phones, with the licenses going to three
state-owned mobile phone operators, state-run Xinhua news agency said.